Cassiar Gold

What Cassiar Gold does

Cassiar Gold Corp. is a Canadian mineral exploration company (TSXV:GLDC; OTCQX:CGLCF; FRA:756) focused exclusively on the exploration and potential development of orogenic gold deposits in British Columbia, Canada. Its core asset is the 100%-owned, 590 km² Cassiar Gold Property in northern BC, which is divided into two complementary project areas: Cassiar North, anchored by the bulk-tonnage Taurus Deposit (Indicated 410,000 oz Au at 1.43 g/t; Inferred 1.93 Moz at 0.95 g/t, with 91% of ounces within 150 m of surface), and Cassiar South, which hosts high-grade epizonal quartz vein systems with historical past production exceeding 315,000 oz at grades of 10–20 g/t, 25 km of historical underground workings, and a fully permitted 300 tpd gravity/flotation mill. The company also holds the 100%-owned 4,151-hectare Sheep Creek Gold Project near Salmo, BC, the third-largest past-producing orogenic gold district in British Columbia (~742,000 oz historical production at 14.7 g/t).

The underlying technology is industry-standard mineral exploration using diamond drilling, geological mapping, geochemical sampling, induced polarization geophysical surveys, and NI 43-101-compliant resource estimation, with a block model built from 598 drillholes and 65,667 sampled meters. Existing on-site infrastructure (permitted mill, 160 km of access roads, permanent camp, active mine permits) materially reduces the capital intensity required for any future production decision. The 2026 work programme comprises a 10,000-metre Phase 1 drill campaign at Taurus together with a Preliminary Economic Assessment led by Ausenco (target completion Q3 2026) and metallurgical testing by Base Metallurgical Laboratories.

As a pre-revenue exploration-stage issuer, Cassiar's only current source of capital is equity financings, including bought deal offerings, LIFE offerings, and flow-through private placements (C$8.3M in 2022, C$9.9M in 2023, C$6.8M in 2024, C$6.0M in 2025, C$5.5M in 2026). Its customer base is institutional and retail investors seeking gold and precious-metals exposure; future production would be sold to gold buyers or commodity traders. The company pursues an investor-relations-led go-to-market motion via corporate presentations, monthly newsletters, analyst coverage (Red Cloud Securities, Stonegate Capital Patterns), and conference participation (Precious Metals Summit, Mines & Money, Munich Mining Conference).

Name

Cassiar Gold

Legal name

Cassiar Gold Corp.

Website

https://cassiargold.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Cassiar Gold Corp. is a Canadian pre-revenue gold exploration company advancing the 100%-owned, 590 km² Cassiar Gold Property in northern British Columbia for institutional and retail investors, anchored by the Taurus Deposit and a permitted 300 tpd mill.

Ownership category

akta.pro rank

Product category

Gold Exploration

NAICS

Gold Ore and Silver Ore Mining (21222), Metal Ore Mining (2122)

SIC

Gold And Silver Ores (1040), Metal Mining (1000)

akta.pro primary industry

Gold Mining (IMAKAEAA)

Keywords

• Gold exploration
• Mineral exploration
• Gold mining
• Orogenic gold deposits
• Resource delineation

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Others

Revenue model

1. Equity Capital Raising: Pre-revenue exploration stage company. Currently raising capital exclusively through equity financings including private placements, bought deal offerings, and flow-through share offerings to fund ongoing exploration and development activities. No commercial production revenue at current stage.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Cassiar Gold Corp. is a Canadian gold exploration company advancing the 100% owned, 590 km² Cassiar Gold Property in northern British Columbia. The portfolio includes two main project areas — Cassiar North (hosting the bulk-tonnage Taurus Deposit with Indicated resources of 410,000 oz Au and Inferred resources of 1.93 Moz Au) and Cassiar South (hosting high-grade epizonal quartz gold vein systems with past production exceeding 315,000 oz) — plus the Sheep Creek Gold Project in southern BC. The property features a fully permitted 300 tpd gravity/flotation mill, 160 km of access roads, and active mine permits.

Product overview

Cassiar Gold Corp. is a Canadian gold exploration company offering a portfolio of orogenic gold exploration projects rather than a unified software product. The core offering is the 100% owned Cassiar Gold Property, a district-scale exploration asset spanning 590 km2 in northern British Columbia, consisting of two complementary project areas: Cassiar North (bulk-tonnage Taurus Deposit resource) and Cassiar South (high-grade vein targets with existing mill infrastructure). The company also holds the Sheep Creek Gold Project, the third largest past-producing orogenic gold district in British Columbia. The product portfolio is focused on gold resource expansion through exploration drilling, resource delineation, and economic assessment (PEA), not software or AI-powered products.

Differentiator

Problem solved

Functional benefit

Products and services

• Cassiar Gold Property A 100% owned, district-scale gold exploration property covering 590 km² in northern British Columbia, Canada. The property consists of two main project areas: Cassiar North hosting bulk-tonnage resources at the Taurus Deposit, and Cassiar South hosting high-grade epizonal quartz gold vein systems with a permitted 300 tpd mill.
• Cassiar North Project area hosting the Taurus Deposit, a bulk-tonnage gold resource with Indicated resources of 410,000 oz gold at 1.43 g/t and Inferred resources of 1.93 Moz gold at 0.95 g/t. The deposit remains open laterally in all directions for potential resource expansion.
• Cassiar South

Quantifiable outcome

• Taurus Deposit expansion potential demonstrated through continuous drilling intercepts extending mineralization beyond current resource block model (step-outs of 30-110m reported)
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• AusencocoreImplementation/ SI/ Consulting Partner · 2 April 2026Engaged as lead consultant to deliver Preliminary Economic Assessment (PEA) for the Taurus deposit. Ausenco is a globally recognized engineering, consulting, and project delivery firm with proven track record in all phases of project development. PEA targeting Q3 2026 completion.
• Base Metallurgical Laboratories Ltd.minorImplementation/ SI/ Consulting Partner · 2 April 2026Engaged to conduct metallurgical assessment of the Taurus deposit. Recent geochemical analyses and model advancements provided strong foundational inputs to guide representative initial sample selections across the deposit. Results expected Q2 2026.
• Salmo Watershed Streamkeepers SocietyminorOthersEnvironmental collaboration group working with Cassiar Gold on watershed and environmental management initiatives. Partner in environmental stewardship programs.
• Keefer Ecological ServicesminorOthersEcological consulting firm engaged for environmental management and wildlife studies including Little Brown Bat habitat assessment.
• Kaska Dena Council (First Nations)coreStrategic or Co-development PartnerFirst Nations group with traditional territory encompassing the Cassiar Gold project boundary. Company conducts annual community consultation workshops and triannual leadership updates on operations. Collaborative relationship includes training, hiring, and development of local workforce and contractors, environmental stewardship training, and cultural exchange programs.
• Dease River First Nations Development CorporationcoreStrategic or Co-development PartnerPartnership for local contractor procurement and workforce development. Company works with DRFNDC to identify and engage local contractors for exploration programs.
• Odyssey Trust CompanyminorOthersTransfer agent for Cassiar Gold shares. Located at Stock Exchange Tower, 1230 – 300 5th Avenue SW, Calgary, AB.
• Dentons Canada LLPminorImplementation/ SI/ Consulting PartnerLegal counsel for the company.
• MNP LLPminorImplementation/ SI/ Consulting PartnerAuditor for the company. Located at 1500, 640 – 5th Avenue SW, Calgary, AB.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Troilus Gold: Canadian gold developer with a bulk-tonnage orogenic gold resource in Quebec. Analogous development-stage position, scale, and capital-markets posture relative to Cassiar's Taurus asset.
• Skeena Resources: Canadian orogenic gold developer also active in British Columbia with bulk-tonnage gold resource stage assets. Direct overlap with Cassiar in jurisdiction, commodity, and orogenic-gold thesis.
• Sendero Resources: Mineral exploration company co-founded by Marco Roque and Michael Wood. Closely linked peer given shared executive leadership and exploration-stage profile.
• Scottie Resources: BC-focused junior gold explorer pursuing high-grade vein and bulk-tonnage targets. Comparable to Cassiar's mix of high-grade vein (Cassiar South) plus bulk-tonnage (Taurus) exploration model.
• Treasury Metals: Canadian gold developer previously led by Cassiar director Christopher Stewart. Comparable development-stage orogenic gold thesis and Canadian listing structure.
• Reyna Silver: Precious-metals explorer co-founded by Cassiar CEO Marco Roque and CFO Michael Wood. Direct insider-linked peer with similar exploration-stage capital structure and management overlap.
• First Mining Gold: Canadian gold developer with orogenic gold assets and VP Exploration (James Maxwell) who also serves on Cassiar's board, indicating tight community overlap and similar resource-stage positioning.

Others

• Ausenco: Engineering and project delivery firm engaged by Cassiar for the Taurus PEA. Not a competitor but a key ecosystem participant, included for its central role in advancing the Cassiar project toward development.

Emerging players

• Sable Resources: Junior precious-metals explorer active in similar jurisdictions with exploration-stage capital structure; provides comparable fund-raising patterns and project-stage benchmarks for small-cap gold explorers.

Broad incumbents

• Marathon Gold: Larger Canadian orogenic gold developer (Valentine Lake, Newfoundland) with a substantially more advanced PEA/FS-stage asset. Comparable as a benchmark for what Cassiar's Taurus could look like at development stage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CassiarGold
• LinkedInlinkedin.com/company/cassiar-gold-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cassiar Gold