Cassiar Gold - Systematically Unlocking the Vast Potential of a Premier Canadian Gold District

• Advanced stage gold exploration company focused on the Cassiar Gold District in northern British Columbia, Canada
• Current 1.4M oz resource at 1.14 g/t gold open for expansion, with over 55,000 meters of exploration drilling done since 2020
• Fully funded for 2024 with $2 million financing despite challenging market conditions
• Strategic optionality to "bootstrap" into production by refurbishing existing 300 tpd mill and mining high-grade veins
• Strong leadership team with experience in discovery, resource expansion, engineering/construction and mine operations

About Cassiar Gold Corp

Cassiar Gold Corp is a Vancouver-based gold exploration and development company focused on advancing its flagship Cassiar Gold Project located in northern British Columbia, Canada. With road access and nearby infrastructure in place, Cassiar controls the emerging Cassiar Gold District including the historical high grade Taurus mine area. The project encompasses a large land package spanning 59,000 hectares with district-scale exploration potential. The company recently closed a $2 million financing, providing funding for continued resource expansion and regional exploration work in 2024.

Interview with President & CEO,. Marco Roque

Advancing the Resource Base

The Cassiar Gold project already hosts a large open-pittable resource, with an estimated 1.4 million ounces of gold grading 1.14 g/t inferred. This resource is centered on the Taurus deposit, which currently extends over a 1 km by 1 km area but remains open for expansion. Since 2020, the company has aggressively drilled the project, completing around 55,000 meters focused on expanding the existing resource areas. Results to date have shown consistent success from step-out drilling, intersecting significant widths of mineralization outside the known zones. According to President & CEO Marco Roque, over 95% of the large property remains underexplored, demonstrating the potential for Cassiar to delineate multi-million ounce district scale opportunities over time.

Strategic Optionality

What makes Cassiar Gold unique among junior exploration companies is the strategic optionality provided by existing infrastructure at site. The project already benefits from road access, is already connected to the grid, nearby hydro power availability, tailings storage capacity, underground development and a fully owned & permitted 300 tonne per day mill. Cassiar sees the potential to "bootstrap" the project into production by refurbishing and restarting this mill, focused firstly on high grade material from the underground. Historic production in the district exceeded 315,000 ounces at an average grade over 15 g/t gold. Recent drilling has already extended the high grade vein systems, open along strike and down dip, with significant additional potential for blind parallel and stacked veins systems. While not currently part of Cassiar's main strategy, advancing the underground high grade zones provides the company flexibility not seen in the majority of exploration peers.

Well Positioned to Withstand Market Headwinds

Despite a difficult financing market for junior gold equities, Cassiar Gold was able to recently complete a $2 million financing without significant dilution. The raise was completed at a premium to the current share price, showing confidence from new institutional investors. According to CEO Marco Roque, the decision was made not to raise too much capital and dilute shareholders extensively. The company has tightened spending and designed exploration programs to match available funds. This careful approach aims to prove out additional resource ounces systematically over time using less intensive exploration techniques including sampling, mapping and geophysics across high priority regional targets.

While larger peers with operating mines struggle to replace reserves, junior explorers have seen valuations disconnect completely from the strong gold price. Raising substantial amounts of capital to aggressively explore becomes less feasible during these cyclical downturns. Still confident in the long term gold macro economic picture, Cassiar plans to continue advancing the project despite any market headwinds. The company remains focused on the end goal of eventually selling the company and the asset base for maximum value. Roque believes the project can deliver a target resource size and scale needed to attract interest from a major gold producer looking to backfill pipeline shortages.

Conclusion

Cassiar Gold presents a unique investment opportunity, providing leverage to the gold price in a jurisdiction with infrastructure already in place. The company exhibits disciplined leadership, advancing the Cassiar asset systematically without reliance on extensive shareholder dilution. Creating opportunities for high grade production over the short term also reduces overall risk. While still early stage, Cassiar controls a district scale asset with strong indicators for significant resource expansion over the long run. Investors interested in gold exposure with liquids optionality at a historically cheap entry valuation may find Cassiar uniquely positioned among exploration peers for long term outperformance.