Cassiar Gold Corp Announces Significant Increase in Mineral Resource Estimate at Taurus Deposit

June 12, 2025 — Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF), a mining exploration company based in Calgary, Canada, has announced a significant increase to the Mineral Resource Estimate (MRE) at its flagship Taurus Deposit located in northern British Columbia. This update marks a substantial development for the company, which operates within the materials sector and is listed on the TSX Venture Exchange.

The updated MRE, prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) definition standards, reflects the expansion and infill of the deposit footprint since the previous estimate in 2022. This enhancement in the resource estimate underscores the company’s ongoing efforts to explore and develop its gold properties.

Cassiar Gold Corp. is set to file a technical report supporting the MRE, known as the ‘NI43-101 Report,’ on SEDAR within 45 days of this announcement. This report will provide further details and validation of the updated resource estimate.

As of June 10, 2025, Cassiar Gold Corp.’s close price was CAD 0.245, with a market capitalization of CAD 28,960,000. The company’s stock has experienced fluctuations over the past year, reaching a 52-week high of CAD 0.37 on July 21, 2024, and a low of CAD 0.18 on April 9, 2025. The price-to-earnings ratio stands at -3.2, reflecting the company’s current financial metrics.

This significant increase in the mineral resource estimate at the Taurus Deposit is a positive development for Cassiar Gold Corp., potentially enhancing its exploration prospects and future growth opportunities within the gold mining sector.