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 Taurus Deposit at Cassiar North in 17 step-out and six infill holes and 825 m of drilling completed at
5,041 m of drilling have been completed at Cassiar South in seven step-out and two exploration holes.
Exploration is underway at regional target
Geological and geochemical review of the gold mineralization at the Taurus Deposit is underway to support future metallurgical domaining.
The current rate of drill production may allow for the program to exceed 20,000 metres.
'We are grateful to the tireless and dedicated team and crew at site for an extremely productive drill season to date,' stated
About
The Company also holds a 100% interest in the
Contact:
Tel: 1-778-999-2771
Email: Shirley@cassiargold.com
Forward-Looking Statements
This press release may contain forward-looking statements including those describing Cassiar's future plans and the expectations of management that a stated result or condition will occur. Any statement addressing future events or conditions necessarily involves inherent risk and uncertainty. Actual results can differ materially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of Cassiar and its management. In particular, this news release contains forward-looking statements pertaining, directly or indirectly, to the Company's exploration plans and work commitments.
Although Cassiar believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties, actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, general economic, market or business conditions, risks associated with the exploration and development industry in general (e.g., operational risks in development, exploration and production; the uncertainty of mineral resource estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraint in the availability of services, commodity price and exchange rate fluctuations, the current COVID-19 pandemic, changes in legislation impacting the mining industry, adverse weather conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures.
Readers are cautioned that the foregoing list of risk factors should not be construed as exhaustive. These statements speak only as of the date of this release or as of the date specified in the documents accompanying this release, as the case may be. The Company undertakes no obligation to publicly update or revise any forward-looking statements except as expressly required by applicable securities laws.
(C) 2022 Electronic News Publishing, source