Cassiar Gold
Primary ticker: TSX-V:GLDC, OTCQX:CGLCF
Stage of development: Exploration
Project to promote: Cassiar Gold Corp. (Cassiar)
Project location: Canada
Website: cassiargold.com
Cassiar Gold Corp. is focused on the 100% owned, district-scale Cassiar Gold Property located in northern BC, Canada. Spanning 590 km2, the property consists of two main project areas: (1) Cassiar North, which hosts a substantial bulk-tonnage orogenic gold resource with significant expansion potential over a 6 km strike length; and (2) Cassiar South, which hosts numerous high-grade epizonal quartz gold vein systems, 25 km of historical underground workings, and rich exploration prospects over 9 km of strike.
The Property is highly accessible by Highway 37 and has a permitted 300 tpd mill, 160 km of property access roads, permanent camp, and established mine permits.
Cash: CAD $7.1M
Debt: NIL
Major shareholders:
Insiders/Advisors 12%
Institutional 29% including Delbrook, US Global, Ixios, Myrmikan, EMA, Commodity Discovery Fund, Terra Capital, L1, Kings Road Capital, Sprott, EMC, MCM
HNW & Retail 59%
Financials
Management Profile
Marco Roque – President, CEO & Director
Marco Roque is a seasoned investor, entrepreneur, and advisor based in Hong Kong, renowned for his expertise in finance, commodities, and mineral exploration.
Beginning his career in private banking at Millennium BCP, a prominent Portuguese bank, Marco quickly rose to prominence and transitioned to Barclays Capital in 2007. At Barclays, he led the Portuguese derivatives and structured products team, specializing in commodities and demonstrating exceptional strategic acumen.
A distinguished professional, Marco holds a CFA charter and a prestigious academic background. He earned his MBA from the esteemed Hong Kong University of Science and Technology and London Business School. Additionally, he holds a master’s in finance from Nova School of Business and Economics in Lisbon, complemented by an undergraduate Management degree from the same institution.
Marco’s entrepreneurial spirit led him to co-found Reyna Silver, a silver exploration company with a strategic portfolio encompassing Mexican and US silver assets. Two of these assets were integral to MAG Silver’s original IPO. Furthermore, Marco is a co-founder and director at Sendero Resources, a company at the forefront of mineral exploration on the Vicuña Belt in Argentina. Noteworthy among his ventures, Marco was the co-founder and former CEO of Infinitum Copper, a company specializing in copper-focused initiatives. Under his leadership, Infinitum Copper successfully acquired the Adelita Project in Mexico, a high-grade copper-gold-silver skarn project.
Marco Roque continues to be a driving force in the global investment and entrepreneurial landscape, consistently delivering innovative solutions and driving sustainable growth across diverse sectors.
What recent news would you like to highlight to investors attending?
10 September 2024:
Cassiar Gold Encounters 40.8 m of 1.68 g/t Au and Expands Near-Surface Mineralization at Taurus Deposit
URL: https://cassiargold.com/cassiar-gold-encounters-40-8-m-of-1-68-g-t-au-and-expands-near-surface-mineralization-at-taurus-deposit/
22 August 2024:
Cassiar Gold Expands Drill Program and Advances Geophysical Surveys
URL: https://cassiargold.com/cassiar-gold-expands-drill-program-and-advances-geophysical-surveys/
What do you think makes your company such a compelling investment?
INFRASTRUCTURE & PERMITS IN SAFE JURISDICTION
– 2 Mine permits, bisected by provincial highway 37, 160 km of access roads, fully owned & permitted 300 tpd mill, 17 portals, 25 km underground workings, power & water access, permanent camp already in place
– 100% owned, 59,000-hectare district-scale property in safe & stable British Columbia, Canada
SIGNIFICANT EXPANSION & DISCOVERY POTENTIAL
– Potential to expand Taurus Resource of 1.4 Moz @ 1.14 g/t Au in most directions laterally & at depth
– Potential for multiple bulk-tonnage/Taurus style satellite deposits across the land package
– Potential to expand multiple high-grade vein targets grading 10-20 g/t Au along strike & down dip, with additional discovery potential for multiple blind parallel as well as stacked shear vein systems
EXPERIENCED LEADERSHIP TEAM
– Well rounded & extremely successful group of geologists, engineers, operators, marketing and capital markets professionals with 250+ collective years in discovering, building, operating, and selling multi-billion dollar mining projects all over the world
COMMUNITY SUPPORTED & ENVIRONMENTALLY COMMITTED
– Collaborative & mutually supportive relationship with Community and Kaska Dena First Nations, including the training, hiring and development of local workforce and contractors
– Committed to advancing the projects under the highest ESG practices with continuous & transparent reporting
UNDERVALUED WITH TREMENDOUS UPSIDE POTENTIAL
– Significant leverage to the gold price, well capitalized, strong institutional support
– Focused on growing & de-risking the project to maximize Acquisition/Sale value via M&A Exit strategy
– Strategic optionality to “bootstrap” to production leveraging existing skillset, infrastructure and mine permits
What are the top 3 key investor takeaways?
1.)
100% owned, with 2 Mine Permits, District-scale 59,000-hectare (142,000 acre) land package, exploration and development opportunity bisected by BC Provincial Highway 37, +160km of property access roads, grid power and water with a 48-person permanent camp
2.)
Pit constrained 1.4 Moz Au inferred resource @ 1.14 g/t Au, at Taurus – a large, shallow, bulk-tonnage, open pittable deposit that remains open for expansion (1) laterally in most directions, 2) at depth, and 3) internal to the pit shell
3.)
Potential for multiple bulk-tonnage/Taurus style satellite deposits
Over 47,000 meters have been drilled at various targets since the last Resource Update