Stonegate Capital Partners has initiated research coverage on Cassiar Gold Corp. (TSXV: GLDC), a Canadian gold exploration company focused on its 100%-owned Cassiar Gold Property in British Columbia. The coverage highlights the company's substantial technical progress, including a June 2025 NI 43-101 technical report and updated mineral resource estimate.
According to the report, the pit-constrained Taurus mineral resource estimate outlines Indicated Mineral Resources of 8.8 million tonnes at 1.43 g/t gold (410,000 ounces) and Inferred Mineral Resources of 63.2 million tonnes at 0.95 g/t gold (1.93 million ounces), using a 0.4 g/t gold cut-off. The company notes that 91% of these ounces are within 150 meters of surface, with mineralization starting at surface. This shallow mineralization profile suggests potential for low-cost open-pit mining.
Cassiar has also been active in drilling and fieldwork to expand mineralization and improve continuity. In 2024, the company drilled 7,168 meters over 30 holes, followed by a 2025 program of 7,308 meters over 20 holes, with positive early results. The Cassiar Gold Property is a past-producing mine with existing infrastructure, which could reduce future capital expenditures.
The initiation of coverage by Stonegate Capital Partners may increase visibility among investors. For more details, the full announcement is available here. Stonegate Capital Partners is a capital markets advisory firm providing investor relations and equity research services. Its affiliate, Stonegate Capital Markets, is a member of FINRA.
The updated resource estimate and ongoing drilling programs position Cassiar Gold Corp. as a potentially significant gold developer in a favorable jurisdiction. The shallow, high-grade resource could attract further interest from investors and strategic partners.
