Stonegate Capital Partners has announced the initiation of research coverage on Cassiar Gold Corp. (TSXV: GLDC), a move that draws attention to the company's recent technical advancements and updated mineral resource estimate for its Cassiar Gold Property. The coverage comes following the release of a June 2025 NI 43-101 technical report, which includes a pit-constrained Taurus mineral resource estimate (MRE) that outlines Indicated Mineral Resources of 8.8 million tonnes at 1.43 grams per tonne 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 grade. The company highlights that 91% of these ounces occur within 150 meters of surface, with mineralization starting at surface, underscoring the potential for low-cost open-pit mining.
Cassiar Gold Corp. has been actively advancing its exploration efforts, with a 2024 drill program totaling 7,168 meters across 30 holes, followed by a 2025 drill program comprising 7,308 meters over 20 drill holes. Positive early results from these programs have contributed to the updated resource estimate and indicate potential for further expansion of mineralization. The Cassiar Gold Property is a 100% owned project with historic production, and existing infrastructure is already in place, which could facilitate future development. The technical report and drill results provide a strong foundation for the company's growth strategy.
The initiation of coverage by Stonegate Capital Partners, a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services, signals growing interest in Cassiar Gold Corp. among investors. Stonegate's affiliate, Stonegate Capital Markets (member FINRA), offers a full spectrum of investment banking services. This coverage is expected to enhance visibility for Cassiar Gold Corp. in the capital markets. For more details, the full announcement, including downloadable images and bios, is available here.
The updated mineral resource estimate and ongoing exploration programs position Cassiar Gold Corp. to potentially advance its project toward development. The company's focus on near-surface mineralization and existing infrastructure could reduce capital requirements and timelines. As the company continues to drill and expand resources, the implications for shareholders include potential value creation through resource growth and eventual production. The initiation of coverage by a reputable firm like Stonegate Capital Partners may also attract additional institutional interest and support for the company's future financing and development efforts.
