Stonegate Capital Partners has initiated research coverage on Cassiar Gold Corp. (TSXV: GLDC), focusing on the company's technical advancements at its Cassiar Gold Property. This coverage follows Cassiar's June 2025 NI 43-101 technical report and updated mineral resource estimate, which Stonegate views as a material advancement in the project's development foundation. The pit-constrained Taurus mineral resource estimate outlines Indicated Mineral Resources of 8.8 million tonnes at 1.43 grams per tonne gold, totaling 410,000 ounces, plus Inferred Mineral Resources of 63.2 million tonnes at 0.95 grams per tonne gold, totaling 1.93 million ounces, using a 0.4 grams per tonne gold cut-off.
Company data indicates that 91% of these ounces occur within 150 meters of surface, with mineralization starting at surface, suggesting favorable mining economics due to potential lower extraction costs. Cassiar has maintained active exploration programs alongside resource development, with a 2024 drill program of 7,168 meters over 30 holes and a 2025 program of 7,308 meters over 20 drill holes. Early results from these programs have been positive, supporting ongoing efforts to expand mineralization and improve continuity throughout the property.
The project benefits from existing infrastructure and is a 100% owned gold project with historic production, factors that Stonegate Capital Partners likely considered in its evaluation. Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach services for public companies. More information about the coverage can be found at https://www.stonegateinc.com.
The initiation of formal research coverage by an established capital markets firm represents a significant milestone for Cassiar Gold Corp., potentially increasing visibility among institutional investors and providing independent analysis of the company's technical progress. For the Texas business community, this development highlights how resource companies with operations elsewhere can attract capital market attention, potentially influencing investment trends in the mining sector. The combination of substantial near-surface resources, ongoing exploration success, and existing infrastructure creates a foundation for potential development, though further technical work and economic studies would be required to advance the project toward production. This coverage could impact the broader mining industry by setting a precedent for how firms with advanced technical reports gain analyst recognition, possibly encouraging similar companies to pursue rigorous resource updates to attract investment.
