Cassiar Gold Intersects 1.09 g/t Au over 72.3 m, 1.30 g/t Au over 36.8 m and Expands Mineralization at the Taurus Deposit
Calgary, Alberta--(Newsfile Corp. - November 29, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to announce assay results from an additional six diamond drill holes of the 2022 exploration program completed at the Taurus Deposit, located in the Cassiar North area of the Company's flagship Cassiar Gold Property in Northern British Columbia, Canada. The Company's 2022 program included 70 drill holes and over 23,000m of diamond drilling that commenced in June and recently concluded in...
2022-11-29 7:00 AM EST
Cassiar Gold Announces the Appointment of Kevin Chen as Chief Financial Officer
Calgary, Alberta--(Newsfile Corp. - October 4, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce the appointment of Kevin Chen, CPA, CMA, MBA as the Company's new Chief Financial Officer, effective today. Mr. Chen has over 20 years of experience in senior financial roles with Canadian mining companies at various stages of development. From 2012 and 2021, he was the CFO of Selwyn Chihong Mining Ltd., which owned a significant zinc...
2022-10-04 3:03 PM EDT
Cassiar Gold Expands Mineralization at the Taurus East Area, with Initial Assays of the 2022 Program Intersecting 1.50 g/t Au over 22.2 m and 4.47 g/t Au over 10.5 m
Calgary, Alberta--(Newsfile Corp. - September 13, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to announce assay results from seven initial diamond drill holes of the 2022 exploration program. The results reported are from the ongoing drill program at the Taurus Deposit located in the Cassiar North area of the Company's flagship Cassiar Gold Property in northern British Columbia, Canada. The Taurus Deposit hosts a substantial near-surface, bulk-tonnage Inferred gold resource of 1.4 million...
2022-09-13 6:00 AM EDT
Cassiar Gold Provides Mid-Season 2022 Exploration Campaign Update
Calgary, Alberta--(Newsfile Corp. - August 17, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to provide a mid-season exploration program update at its flagship Cassiar Gold Project in northern British Columbia, Canada. Highlights:Drill campaign ahead of schedule with over 13,000 metres completed of the planned 20,000-metre drill program, with initial results expected by early September.8,198 m of drilling has been completed at Cassiar North including:7,373 m of drilling completed at the...
2022-08-17 9:00 AM EDT
Cassiar Gold Closes Second Tranche of Upsized Private Placement
Calgary, Alberta--(Newsfile Corp. - August 4, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce that, further to its Press Releases dated July 21 and 28, 2022, and subject to receiving final regulatory approvals, the Company has closed the second and final tranche of its non-brokered private placement (the "Offering") by issuing 2,740,570 flow-through units ("FT Units") at a price of C$0.70 per FT Unit for gross proceeds of C$1,918,400.Due to...
2022-08-04 4:00 PM EDT
Cassiar Gold Closes First Tranche of Private Placement and Announces Upsize to $2 Million
Calgary, Alberta--(Newsfile Corp. - July 28, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce that, further to its Press Release dated July 21, 2022, and subject to receiving regulatory approvals, the Company has closed the first tranche of its insider-led, non-brokered private placement (the "Offering") by issuing 1,163,570 flow-through units ("FT Units") at a price of C$0.70 per FT Unit for gross proceeds of $814,500. Due to high demand,...
2022-07-28 9:00 AM EDT
Cassiar Gold Announces $1 Million Insider-Led Private Placement
Calgary, Alberta--(Newsfile Corp. - July 21, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") has arranged an insider-led, non-brokered private placement consisting of up to 1,428,571 flow-through units ("FT Units") at a price of C$0.70 per FT Unit for gross proceeds of up to C$1 Million (the "Offering"). Insiders of the Company have committed to purchase a minimum of C$500,000 of the FT Units with all proceeds to be used to fund ongoing exploration...
2022-07-21 9:00 AM EDT
Cassiar Gold Appoints James Maxwell to its Board of Directors
Calgary, Alberta--(Newsfile Corp. - July 12, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce that James Maxwell, P.Geo., has been appointed to the Company's board of directors, effective July 12, 2022. Mr. Maxwell has served as a member of Cassiar Gold's technical advisory team and support committees since July 2019 and this appointment represents an expansion of his role with the Company.A professional geoscientist with over 20 years of industry...
2022-07-12 9:00 AM EDT
Cassiar Gold Announces Closing of C$8.3 Million Bought Deal Offering
Calgary, Alberta--(Newsfile Corp. - June 8, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce that, further to the Company's press releases on May 24, May 10, March 31, March 3 and March 2, 2022, it has closed its previously announced bought deal offering (the "Offering") of flow-through units of the Company ("FT Units"). Pursuant to the Offering, the Company issued 8,346,142 FT Units at a price of C$1.00 per FT...
2022-06-08 12:39 PM EDT
Cassiar Gold Commences 20,000 m Drill Campaign and Exploration Program at the Cassiar Gold Property
Calgary, Alberta--(Newsfile Corp. - June 1, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company" or "Cassiar Gold") is pleased to announce the commencement of a 20,000-m drill campaign at the Company's flagship Cassiar Gold Property located in northern British Columbia, Canada. The drill campaign is planned to operate from June to the end of October utilizing three diamond drill rigs which will drill approximately 10,000 m in the Taurus Deposit area, 5,000 m in the Cassiar South...
2022-06-01 8:00 AM EDT
Cassiar Gold Announces Upsize of Amended Bought Deal Public Offering to C$8.0 Million
Calgary, Alberta--(Newsfile Corp. - May 24, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce that, due to significant investor demand, the Company has amended the size of the amended bought deal public offering (the "Offering") from C$5,000,000 to C$8,000,000. Under the amended terms of the underwriting agreement, the Underwriters (as defined below) have agreed to purchase 8,000,000 flow-through units of the Company (each, a "FT Unit") to be resold...
2022-05-24 11:36 AM EDT
Cassiar Gold Announces Amendment to Previously Announced Bought Deal Public Offering for Revised Gross Proceeds of C$5.0 Million
Calgary, Alberta--(Newsfile Corp. - May 24, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") announces that it has entered into an amending agreement to the underwriting agreement dated March 8, 2022 to amend the size and pricing of its previously announced bought deal public offering (the "Offering"). Under the amended terms of the underwriting agreement, the Underwriters (as defined below) have agreed to purchase 5,000,000 flow-through units of the Company (each, a "FT...
2022-05-24 7:30 AM EDT
Cassiar Gold Reports Remaining 2021 Cassiar South Drill Results; Expands Known High-Grade Mineralization at Bain Vein
Calgary, Alberta--(Newsfile Corp. - May 19, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company" or "Cassiar Gold") is pleased to announce assay results for the remaining 13 drillholes completed at the Cassiar South project area as part of its 2021 diamond drill program at the Company's flagship Cassiar Gold Property located in British Columbia, Canada. The Cassiar South project area hosts a multitude of shear vein targets and several past-producing underground mines that have historically produced over...
2022-05-19 9:00 AM EDT
Cassiar Gold Files New NI43-101 Technical Report on the Cassiar Gold Property
Calgary, Alberta--(Newsfile Corp. - May 11, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to announce the completion and filing of an independent National Instrument 43-101 technical report ("NI43-101 Report") on its 100% owned flagship Cassiar Gold Property ("Property") located in northern British Columbia, Canada. The technical report, with an effective date of April 28, 2022, titled "National Instrument 43-101 Technical Report on the Cassiar Gold Property," can be viewed on Cassiar Gold's website and...
2022-05-11 9:00 AM EDT
Cassiar Gold Announces New Pit-Constrained Inferred Mineral Resource Estimate at the Taurus Deposit of 1.4Moz Gold Grading 1.14 g/t Au; Provides Update on Bought Deal Financing
Calgary, Alberta--(Newsfile Corp. - May 10, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to announce the results of a new Mineral Resource Estimate ("MRE") at its 100% owned flagship Cassiar Gold Property ("Property") located in northern British Columbia, Canada. The MRE has been prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum (CIM) definition standards. A technical report in support of the MRE (the "NI43 101 Report") will be filed on SEDAR...
2022-05-10 7:30 AM EDT
Cassiar Gold Provides Update on Bought Deal Financing
Calgary, Alberta--(Newsfile Corp. - March 31, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to provide an update on its previously announced bought deal public offering (the "Offering") as announced in news releases on March 2 and 3, 2022. The Company is in the process of updating its previously filed National Instrument 43-101 Technical Report on the Cassiar Gold Property to incorporate an exploration update on the drilling programs that have taken place since the...
2022-03-31 9:00 AM EDT
Cassiar Gold Announces Results of Annual General Meeting of Shareholders
Calgary, Alberta--(Newsfile Corp. - March 16, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") is pleased to release the results of its Annual General Meeting of shareholders held on Wednesday, March 16, 2022 (the "Meeting").A total of 20,908,267 common shares were represented in person or by proxy at the Meeting, representing 32.74% of the Company's issued and outstanding common shares. All directors nominated as listed in the Management Information Circular dated February 11, 2022, were re-elected, as...
2022-03-16 5:40 PM EDT
Cassiar Gold Announces Upsizing of Bought Deal Public Offering to C$10.0 Million
Calgary, Alberta--(Newsfile Corp. - March 3, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce that, due to significant investor demand, the Company has agreed to amend its agreement with Red Cloud Securities Inc. and Raymond James Ltd. (the "Co-Lead Underwriters") as co-lead underwriters and joint bookrunners on behalf of a syndicate of underwriters (collectively, the "Underwriters"), to increase the size of the Company's previously announced offering from C$6.0 million to...
2022-03-03 10:47 AM EST
Cassiar Gold Announces C$6.0 Million Bought Deal Public Offering
Calgary, Alberta--(Newsfile Corp. - March 2, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and Raymond James Ltd. (the "Co-Lead Underwriters") to act as co-lead underwriters and joint bookrunners on behalf of a syndicate of underwriters (collectively, the "Underwriters") pursuant to which the Underwriters have agreed to purchase 4,000,000 flow-through units of the Company (each, a "FT Unit")...
2022-03-02 3:48 PM EST
Cassiar Gold Completes Acquisition of Sheep Creek Properties
Calgary, Alberta--(Newsfile Corp. - February 7, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) (the "Company") announces that it has completed the acquisition of a 100% interest in the Bayonne and Sheep Creek properties collectively known as the Sheep Creek Camp, located near Salmo, British Columbia. Covering an area of 3,939 hectares, the Sheep Creek Camp is highly prospective for both gold and silver discoveries and ranks as the third largest past-producing orogenic gold district in B.C. (behind Barkerville...
2022-02-07 8:30 AM EST