Business Enquirer Issue 113 | Cassiar Gold Corp | May'23

EXPONENTIAL POTENTIAL IN BRITISH COLUMBIA CASSIAR GOLD CORP

EXPONENTIAL POTENTIAL IN BRITISH COLUMBIA

With the US dollar weakening and speculation around the Chinese Yuan becoming the world’s reserve currency, Marco foresees dramatic change ahead.

“With a shift in the global economy, gold is becoming front and centre for investors. I think the next 12 months could be transformational for our industry as investors find safety in gold,” he explained.

It’s an exciting time, then, to be at the helm of a mining exploration company with two gold projects in British Columbia with exponential potential.

The Flagship Project: Cassiar Gold

Cassiar Gold Corporation’s flagship exploration project, the Cassiar Gold project, is a 59,000 hectare land package, with an existing 1.4 million oz inferred gold resource right at surface, and open

CASSIAR GOLD CORP

PROJECT

DIRECTED BY: GARY SMITH

ARTICLE

WRITTEN BY: LAURA WATLING

“It’s a pivotal time in the gold space,” said Marco Roque, President and CEO of Cassiar Gold.

for expansion in multiple directions both laterally and at depth.

At its current exploration stage, a significant portion of the property has not been fully explored, leaving huge potential for expansion.

“Our 2022 drill programme delivered excellent results, with the most recent intercepts highlighting the potential for further expansion of the resource within higher-grade mineralised corridors,” said Marco “The positive developments from this program reinforce the potential for ongoing growth at the Taurus deposit in 2023. Our next steps for Cassiar Gold is to be bolder and try to find the edges of the mineralised area.”

Of the 70 drill holes in the last campaign, 69 have produced significant mineralised intercepts. The next drill season, which will start in June 2023, aims to continue to follow up on the excellent exploration results thus far, and continue to expand mineralisation outwards with a 20,000 to 25,000 metres drill campaign.

In addition to continuing to expand the Taurus deposit, the Cassiar Gold Project has a vast opportunity which includes several regional scale targets that are yet to be properly explored.

The business will continue efforts to expand and find new high grade underground veins in the Cassiar South area of the project. This area of the land package has historic production of over 315,000 oz gold extracted from highgrade quartz vein mineralisation with grades of 10-20 g per tonne of gold.

“This past-producing vein system lies within a permitted mine area with extensions of known mineralisation occurring near existing underground infrastructure,” explained Marco, “Continued success at this part of the property in future exploration campaigns may contribute to identifying lowcost and near-term development opportunities,” explained Marco

Further Opportunity

In addition to the flagship Cassiar Gold project, the corporation has also acquired 100% interest in the Bayonne and Sheep Creek properties - known collectively as Sheep Creek Camp.

Whilst Cassiar Gold is focussed on the Cassiar Gold project, there is plenty of potential for exploration at Sheep Creek. 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 British Columbia.

“Little work has been done at this site since the early 1950’s, when it produced approximately 742,000 oz gold at an average grade of 14.7 grams per tonne. This area has fantastic potential, and will generate shareholder value in future,” said Marco.

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Whilst Cassiar Gold may look to drill the area in the future, Marco also sees the potential for M&A or joint venture with this project.

Within its current plans to progress its project, Cassiar Gold is also taking steps to de-risk its mill and underground workings.

“We’re making exciting strides to ensure the project is ready for production,” shared Marco.

Above and Beyond

More than just “ticking boxes”, social licence is at the forefront of Cassiar Gold’s activities and integral to its success. With this in mind, the corporation has a wealth of measures in place to ensure it’s doing its utmost in terms of social and environmental responsibility.

Ultimately, it puts the local community at the heart of its responsibility. Whilst it strives to employ locally and support local contractors, Cassiar Gold has taken into account the importance of hunting in the region.

“Hunting is an important cultural aspect, and so we have taken steps to monitor the wildlife to ensure minimal disruption and ensure the community maintains access to traditional hunting grounds,” explained Marco, “In addition, we have worked with First Nations to educate our team on cultural-historical issues that are of importance to the community. These cultural exchanges have resulted in rearranging our activities that could potentially interfere with traditional hunting”.

Additionally, Cassiar Gold has collaborated with groups such as Salmo Watershed Streamkeepers Society, Keefer Ecological Services and local First Nations communities to maintain its position at the ever-evolving front of environmental management.

Cassiar Gold is dedicated to site reclamation and has reclaimed many

sites within the project boundaries through waste removal, hydrocarbon inventory and removal, and revegetation.

“We’re really proud of the socialenvironmental work we’re doing, which includes water quality sampling, studies to ensure we are not damaging the habitat of the endangered Little Brown Bat, and wildlife management plans,” said Marco, “we will continue to go above and beyond in these efforts”.

Ultimately, its social-environmental efforts drill down to responsible use of any resources, minimising impact of activities, and providing support and uplift to the local community. The business provides access to training (including offsite training to community members in Underground Mine Rescue), employment, and contracting opportunities. At the same time it progresses the project, unlocking the huge benefits it can bring to the community in the future.

Experience and Energy: A Combination for Success

Cassiar Gold is managed by a small yet highly experienced team of 15, with additional advisors and board members. During a drill campaign the business employs up to 80 team members on site.

Starting his career in private banking, Marco learned that gold and precious metals can have a critical role in protecting investors against inflation. Taking on roles in the likes of Millennium BCP and Barclays Capital, he quickly realised he needed exposure to the precious metals sphere.

Throughout his career, Marco has cofounded Reyna Silver, a listed silver exploration company with a portfolio of silver assets in Mexico and USA, as well as Infinitum Copper, a listed Copper exploration company with assets in Mexico and the USA.

Joining as CEO of Cassiar Gold in 2020, Marco sought the support of other industry experts such as Doug Kirwin, a geologist with 49 years of international exploration experience.

“Doug was able to assess the potential of the project, highlighting its historical production and vast future growth potential. I’m pleased to say Doug was right and it’s a more exciting project than we originally conceived,” said Marco.

The team also includes the likes of Steve Robertson, who has played a key role in building and advancing projects in British Columbia such as the Red Chris mine, from exploration through to production, which is now majority owned by Newcrest.

Despite highlighting the wealth of opportunity at both Cassiar Gold and Sheep Creek, Marco understands the importance of being supported by a good team.

“Many of our technical team are alumni of Sabina Gold & Silver, and so whilst we have a young and energetic team, they also understand what success looks like,” explained Marco, “to increase our odds of success it’s important that we attract the right team and empower them”.

With the project progressing, Marco underscores the importance of continuing to attract a high-calibre of institutional resource, exploration, and gold & silver specialist investors that continually endorse and support the project’s future.

“The project has a significant resource with substantial growth potential, combined with a world-class team and a commitment to sustainability. Cassiar Gold offers an extremely attractive investment opportunity in the gold exploration space” closed Marco.

www.cassiargold.com