# Cassiar Gold Announces a Significant Increase to the Mineral Resource Estimate at the Taurus Deposit

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55

Original source: https://money.tmx.com/en/quote/GLDC/news/6619942820165207/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a

Publisher: tmx

Original announcement: 2025-06-12T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Cassiar Gold Corp.

- Ticker: GLDC

- Exchange: TSX

- Region: northern British Columbia, Canada

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Resource update

- Extracted: 2026-09-14 03:25:27 UTC

Narrative sentiment: -0.10 · Bearish

## Minestarters Atlas summary

Cassiar Gold Corp. announced a significantly updated Mineral Resource Estimate for its Taurus Deposit in northern British Columbia, Canada. The pit-constrained MRE, prepared to NI43-101 standards, reports 8.8 Mt at 1.43 g/t Au for 410,000 Indicated ounces and 63.2 Mt at 0.95 g/t Au for 1.93 million Inferred ounces. This represents a substantial increase in total contained gold, but the main reported resource uses a lower cut-off grade than the previous estimate, and the overall resource confidence remains low due to a high Inferred component.

Reasoning: The updated MRE shows a substantial increase in total gold ounces and some conversion to Indicated, which is positive. However, the overall resource confidence remains low due to a very high Inferred component, and the main reported resource uses a lower cutoff grade than the previous estimate, indicating dilutive growth.

- Positive factor: Significant increase in total contained gold ounces

- Positive factor: Conversion of some Inferred resources to Indicated category

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained resource with shallow mineralization

- Negative factor: Very high percentage of Inferred resources \(low M&amp;I confidence\)

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: Grades are moderate for orogenic gold deposit type

Facts used in scoring: 24

## Classification and evidence

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document is titled 'Cassiar Gold Announces a Significant Increase to the Mineral Resource Estimate at the Taurus Deposit' and details an updated MRE.

Evidence · text

> Cassiar Gold Announces a Significant Increase to the Mineral Resource Estimate at the Taurus Deposit

**Category Upgrade**

Polarity: positive

Definition: Resource confidence improved — Inferred upgraded to Indicated, or Indicated to Measured. De-risking signal.

Why it applies: The document explicitly states 'The conversion of a substantial portion of the MRE to Indicated status attests to the continuity of mineralization at the Taurus Deposit'.

Evidence · text

> The conversion of a substantial portion of the MRE to Indicated status attests to the continuity of mineralization at the Taurus Deposit

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: The updated resource shows a significant increase in tonnes compared to the previous estimate \(e.g., Inferred tonnes increased from ~38.2 Mt to 63.2 Mt\).

Evidence · text

> This new resource represents a significant increase from the previous resource estimate

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: The updated resource shows a significant increase in contained gold ounces compared to the previous estimate \(e.g., Inferred ounces increased from 1.4 Moz to 1.93 Moz\).

Evidence · text

> This new resource represents a significant increase from the previous resource estimate

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Scott Zelligan, P.Geo., is named as the independent Qualified Person who verified and approved the technical information related to the MRE.

Evidence · text

> Scott Zelligan, P.Geo., the independent Qualified Person \(QP\) as defined by NI43-101, has verified and approved the technical information related to the MRE in this news release.

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: The MRE has been prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum \(CIM\) definition standards, and a technical report \(NI43-101 Report\) will be filed.

Evidence · text

> The MRE has been prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum \(CIM\) definition standards, and represents the expansion and infill of the deposit footprint by the Company since the previous mineral resource estimate from 2022. A technical report in support of the MRE \(the 'NI43-101 Report'\) will be filed on SEDAR within 45 days of this news release.

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The majority of the reported resource \(1.93 million ounces out of 2.34 million total ounces\) is classified as Inferred Mineral Resource.

Evidence · table

> 1,930,000

Context: 63,150,000

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: The MRE is reported above a 0.4 g/t Au cutoff.

Evidence · text

> reported above a 0.4 g/t Au cutoff

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: The current MRE is reported at a 0.4 g/t Au cutoff, while the previous estimate was at a 0.5 g/t Au cutoff grade.

Evidence · text

> reported above a 0.4 g/t Au cutoff and USD$2,400/oz gold price comprising: ... This new resource represents a significant increase from the previous resource estimate at a comparable 0.5 g/t Au cutoff grade

**Dilutive Growth**

Polarity: negative

Definition: Tonnage increased but contained metal flat or down — likely from lower cut-off grade, not geological expansion.

Why it applies: While total contained metal increased, the average grade of the Inferred resource decreased \(from 1.14 g/t Au to 0.95 g/t Au\) and the cut-off grade was lowered \(from 0.5 g/t Au to 0.4 g/t Au\), indicating that tonnage growth is partly due to including lower-grade material.

Evidence · text

> This new resource represents a significant increase from the previous resource estimate at a comparable 0.5 g/t Au cutoff grade: At 0.5 g/t Au cutoff \(Table 3\), the updated resource comprises 0.38 Moz at 1.66 g/t Au \(Indicated\) and 1.71 Moz at 1.11 g/t Au \(Inferred\) – This is a substantial increase over the 2022 Inferred resource of 1.4 Moz at 1.14 g/t Au

## Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

## Resource Estimates (24)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-0)

Taurus Deposit · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:914fe9309fa4e6ee6a02
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 1.43
- Grade Unit: g/t
- Contained Metal: 410000
- Contained Unit: oz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The establishment of a new Indicated resource category is a positive step for the project, demonstrating increased geological confidence and supporting future economic studies.

- Positive factor: New Indicated resource established

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

Evidence · table

> 1.43

Context: 8,800,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-1)

Taurus Deposit · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:824b773d54b6bf3cfa8a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 63150000
- Grade: 0.95
- Grade Unit: g/t
- Contained Metal: 1930000
- Contained Unit: oz
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08
- Prior Tonnes: 38200000
- Prior Grade: 1.14
- Prior Contained Metal: 1400000
- Prior Cutoff Grade: 0.5

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The Inferred resource shows a substantial increase in contained ounces, but this is partly due to a lower cut-off grade and the overall confidence remains low due to its Inferred classification and moderate grade for the deposit type.

- Positive factor: Significant increase in contained gold ounces

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: High percentage of Inferred resources \(low confidence\)

Evidence · table

> 0.95

Context: 63,150,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**Tonnage Growth**

Polarity: positive

Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved.

Why it applies: 63150000 against 38200000 previously

**Grade Decline**

Polarity: negative

Definition: Average grade fell below the red-flag bound vs prior estimate — deposit economics worsening. May indicate high-grading in early drilling.

Why it applies: 0.95 against 1.14 previously

**Contained Metal Growth**

Polarity: positive

Definition: True scale improvement — contained metal ounces/tonnes increased vs prior, accounting for both tonnage and grade changes.

Why it applies: 1930000 against 1400000 previously

**Cut-off Lowered**

Polarity: negative

Definition: Cut-off grade reduced beyond the suspicious bound vs prior estimate — tonnage growth may be artificial inflation.

Why it applies: 0.4 against 0.5 previously

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-2)

Resources Estimated for the Taurus · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Resources Estimated for the Taurus
- Commodity: gold
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:25b40c46a4b0e27cd7b8
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 1.43
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.43

Context: 8,800,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-3)

Resources Estimated for the Taurus · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Resources Estimated for the Taurus
- Commodity: gold
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:ace8c1e79cb3ec22029b
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 63150000
- Grade: 0.95
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.95

Context: 63,150,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-4)

Table 2 Resource Sensitivity to · gold

#### Identity

- Project: Table 2 Resource Sensitivity to
- Commodity: gold
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:d44da98920ec5eba4630
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 8700000
- Grade: 1.44
- Grade Unit: g/t

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.44

Context: 8,700,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-5)

Table 2 Resource Sensitivity to · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Table 2 Resource Sensitivity to
- Commodity: gold
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:11ac3289298cbc37a309
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 60590000
- Grade: 0.95
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.95

Context: 60,590,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-6)

Table 2 Resource Sensitivity to · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Table 2 Resource Sensitivity to
- Commodity: gold
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:cae73f355e3fc4ccacf7
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 8800000
- Grade: 1.43
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.43

Context: 8,800,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-7)

Table 2 Resource Sensitivity to · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Table 2 Resource Sensitivity to
- Commodity: gold
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:76776bf83bfc82c43b6c
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 63150000
- Grade: 0.95
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.95

Context: 63,150,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-8)

Table 2 Resource Sensitivity to · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Table 2 Resource Sensitivity to
- Commodity: gold
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:159ae29c6702692844e8
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 8820000
- Grade: 1.43
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 1.43

Context: 8,820,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-9)

Table 2 Resource Sensitivity to · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Table 2 Resource Sensitivity to
- Commodity: gold
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- Resource group id: resource:9fd74166620f90a5e5b8
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 64220000
- Grade: 0.95
- Grade Unit: g/t

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: Expanded from multi-commodity resource table for completeness.

- Negative factor: Fact expanded from resource table columns \(model omitted this commodity\).

Evidence · table

> 0.95

Context: 64,220,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-10)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:f83f7a4ceadd807a1b74
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 11120000
- Grade: 1.21
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The establishment of a new Indicated resource category is a positive step for the project, demonstrating increased geological confidence and supporting future economic studies. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: New Indicated resource established

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

Evidence · table

> 1.21

Context: 11,120,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-11)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:470fdec2603602c747ab
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 82470000
- Grade: 0.81
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The Inferred resource shows a substantial increase in contained ounces, but this is partly due to a lower cut-off grade and the overall confidence remains low due to its Inferred classification and moderate grade for the deposit type. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in contained gold ounces

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: High percentage of Inferred resources \(low confidence\)

Evidence · table

> 0.81

Context: 82,470,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-12)

Taurus Deposit · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:6f4659318229ee205da7
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 7130000
- Grade: 1.66
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The establishment of a new Indicated resource category is a positive step for the project, demonstrating increased geological confidence and supporting future economic studies. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: New Indicated resource established

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

Evidence · table

> 1.66

Context: 7,130,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-13)

Taurus Deposit · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:7d369d15c3ebbd0d4873
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 48110000
- Grade: 1.11
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The Inferred resource shows a substantial increase in contained ounces, but this is partly due to a lower cut-off grade and the overall confidence remains low due to its Inferred classification and moderate grade for the deposit type. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in contained gold ounces

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: High percentage of Inferred resources \(low confidence\)

Evidence · table

> 1.11

Context: 48,110,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-14)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:f1334f9c6320c35c891a
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 5870000
- Grade: 1.9
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The establishment of a new Indicated resource category is a positive step for the project, demonstrating increased geological confidence and supporting future economic studies. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: New Indicated resource established

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

Evidence · table

> 1.90

Context: 5,870,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-15)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:382e8c4138363c2fb87c
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 36930000
- Grade: 1.28
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The Inferred resource shows a substantial increase in contained ounces, but this is partly due to a lower cut-off grade and the overall confidence remains low due to its Inferred classification and moderate grade for the deposit type. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in contained gold ounces

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: High percentage of Inferred resources \(low confidence\)

Evidence · table

> 1.28

Context: 36,930,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-16)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:e9fff4517f9799bef4fe
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 4980000
- Grade: 2.13
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The establishment of a new Indicated resource category is a positive step for the project, demonstrating increased geological confidence and supporting future economic studies. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: New Indicated resource established

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

Evidence · table

> 2.13

Context: 4,980,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-17)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:1982c67e1e5b6e122fcd
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 28990000
- Grade: 1.45
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The Inferred resource shows a substantial increase in contained ounces, but this is partly due to a lower cut-off grade and the overall confidence remains low due to its Inferred classification and moderate grade for the deposit type. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in contained gold ounces

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: High percentage of Inferred resources \(low confidence\)

Evidence · table

> 1.45

Context: 28,990,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-18)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:a92cc66620a0bece0eae
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 4310000
- Grade: 2.34
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The establishment of a new Indicated resource category is a positive step for the project, demonstrating increased geological confidence and supporting future economic studies. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: New Indicated resource established

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

Evidence · table

> 2.34

Context: 4,310,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-19)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:285d0c2ddd4901011aba
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 23550000
- Grade: 1.61
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The Inferred resource shows a substantial increase in contained ounces, but this is partly due to a lower cut-off grade and the overall confidence remains low due to its Inferred classification and moderate grade for the deposit type. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in contained gold ounces

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: High percentage of Inferred resources \(low confidence\)

Evidence · table

> 1.61

Context: 23,550,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-20)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:c8954e77cf33da3dcfa7
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 3820000
- Grade: 2.53
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The establishment of a new Indicated resource category is a positive step for the project, demonstrating increased geological confidence and supporting future economic studies. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: New Indicated resource established

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

Evidence · table

> 2.53

Context: 3,820,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-21)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:105cc795b155eb6a61ef
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 19670000
- Grade: 1.76
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The Inferred resource shows a substantial increase in contained ounces, but this is partly due to a lower cut-off grade and the overall confidence remains low due to its Inferred classification and moderate grade for the deposit type. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in contained gold ounces

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: High percentage of Inferred resources \(low confidence\)

Evidence · table

> 1.76

Context: 19,670,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-22)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:092541cad4b3d50ea047
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: indicated
- Tonnes: 3480000
- Grade: 2.69
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The establishment of a new Indicated resource category is a positive step for the project, demonstrating increased geological confidence and supporting future economic studies. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: New Indicated resource established

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

Evidence · table

> 2.69

Context: 3,480,000

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/cassiar-gold-announces-a-significant-increase-to-the-mineral-resource-estimate-a--0f41b5d0-0620-41cc-8ef7-55b65e881d55#fact-resource-facts-23)

Taurus Deposit · gold

#### Identity

- Project: Taurus Deposit
- Commodity: gold
- Region: canada\_bc
- Reported Region: northern British Columbia, Canada
- Ticker: GLDC

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Scott Zelligan
- Resource group id: resource:b261ccac5bb31006b2ad
- Mining method: open\_pit
- Ownership percent: 100 %

#### Resource Data

- Category: inferred
- Tonnes: 16070000
- Grade: 1.92
- Grade Unit: g/t
- Cutoff Grade: 0.4
- Cutoff Unit: g/t Au

#### Prior Estimate

- Resource Date: 2025-06-08

#### Metal Equivalent

- Assumptions Disclosed: No

#### Location

- Loc. Confidence: inferred

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2025-06-12T00:00:00.000Z

Reasoning: The Inferred resource shows a substantial increase in contained ounces, but this is partly due to a lower cut-off grade and the overall confidence remains low due to its Inferred classification and moderate grade for the deposit type. \(Expanded from multi-commodity resource table for completeness.\)

- Positive factor: Significant increase in contained gold ounces

- Positive factor: NI 43-101 compliant and QP signed

- Positive factor: Pit-constrained and shallow mineralization

- Negative factor: Grade is moderate for orogenic gold

- Negative factor: Lowered cut-off grade compared to previous estimate

- Negative factor: High percentage of Inferred resources \(low confidence\)

Evidence · table

> 1.92

Context: 16,070,000

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Disclosed**

Polarity: positive

Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff\_grade is stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No Contained Metal**

Polarity: negative

Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained\_metal was not reported

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
