Stonegate Capital Partners has announced the initiation of research coverage on Cassiar Gold Corp. (TSXV: GLDC), a mineral exploration company focused on its 100%-owned Cassiar Gold Property in British Columbia. The coverage comes after Cassiar released a June 2025 NI 43-101 technical report with an updated mineral resource estimate for the property, marking a significant advancement in the company's technical foundation.
The updated estimate details pit-constrained Taurus MRE, which includes Indicated Mineral Resources of 8.8 million tonnes at 1.43 grams per tonne gold, totaling 410,000 ounces. Additionally, Inferred Mineral Resources stand at 63.2 million tonnes at 0.95 g/t gold, representing 1.93 million ounces, using a 0.4 g/t gold cut-off grade. Notably, the company reports that 91% of the gold ounces are located within 150 meters of the surface, with mineralization starting at surface, suggesting potential for low-cost open-pit mining.
Cassiar has been actively conducting drilling and fieldwork to expand mineralization and improve continuity. In 2024, the company completed a 30-hole drill program totaling 7,168 meters. This was followed by a 2025 drill program of 20 holes totaling 7,308 meters, with positive early results reported. The property benefits from existing infrastructure, including road access, power, and a historic mill site, which could reduce future capital requirements.
Stonegate Capital Partners, a capital markets advisory firm, provides investor relations, equity research, and institutional investor outreach services. The initiation of coverage by Stonegate is expected to increase visibility for Cassiar Gold among institutional investors. For more details, see the full announcement at Stonegate's website.
The Cassiar Gold Property has a history of production and is located in a mining-friendly jurisdiction, which may enhance its development prospects. With the updated resource estimate and ongoing exploration, Cassiar Gold Corp. aims to advance the project toward feasibility studies and eventual production.
