Cassiar Gold Intersects New Quartz Veining with Visible Gold, Significantly Extends Mineralized Trend at Newcoast Regional Prospect, and Initiates Evaluation of Mill Refurbishment, Tailings Monetization and High-Grade Strategy

Core Insights - Cassiar Gold Corp. has announced the results of its 2025 exploration program at the Cassiar Gold project, highlighting the discovery of a new higher-grade, visible gold-bearing structure and the extension of known mineralization at the Newcoast prospect [1][3][22] Exploration Results - The 2025 drill program consisted of 7,308 meters across 20 drill holes, with the final results from 5,243 meters over eleven holes reported [1][8] - All drill holes at Newcoast encountered broad intercepts of mineralization above 0.4 grams per tonne (g/t) gold, successfully expanding a previously identified mineralized zone [2][8] - Significant intercepts include: - Drill hole 25NC-017: 15.7 meters of 3.80 g/t Au, including 176.50 g/t Au over 0.3 meters [4][10] - Drill hole 25NC-019: 22.5 meters of 3.52 g/t Au, including 42.41 g/t Au over 1.6 meters [18][22] - Drill hole 25NC-010: 89.2 meters of 0.71 g/t Au, including 43.5 meters of 1.12 g/t Au [4][18] Project Potential - The Newcoast prospect is located approximately 2 kilometers southeast of the Taurus deposit and hosts numerous gold-bearing quartz veins over a lateral extent of 4 kilometers [7][31] - The results reinforce the belief that the Cassiar Gold property has considerable untapped regional potential, particularly in light of record gold prices [3][22] - The company plans to broaden its exploration focus in 2026, integrating the outcomes of the 2025 program into future planning [3][22] Corporate Developments - Metallurgical work for the Taurus deposit is currently underway, with results pending [25] - The company is preparing to assess unmined higher-grade mineralization associated with past-producing small-scale vein systems at the Cassiar South project area [25][31] - Historical underground mines in the Cassiar South area have produced approximately 315,000 ounces of gold at average head grades between 10 and 20 g/t [25][32]