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Cassiar Gold extends exploration permit to 2031, advancing 2026 drilling at Taurus deposit with 7,400m done.

Market News
17 Sep 2026
Newsfile Corp
View Source
Bullish
Cassiar Gold extends exploration permit to 2031, advancing 2026 drilling at Taurus deposit with 7,400m done.

Cassiar Gold Corp. has extended its Multi-Year Area-Based Mines Act Permit through March 31, 2031, securing long-term exploration at its 100%-owned Cassiar Gold Property in British Columbia. The 2026 exploration campaign is ahead of schedule with 7,400 meters drilled out of a planned 10,000 meters, focusing on expanding resources at the Taurus deposit and the Newcoast regional prospect. The Taurus deposit holds significant near-surface gold resources, and ongoing drilling aims to test extensions and improve resource confidence. A Preliminary Economic Assessment is underway, targeting completion in the second half of 2026, to evaluate the project's economic potential and development scenarios.

Cassiar Gold Corp.'s 2026 exploration campaign update and permit extension come as 26 of 31 Basic Materials-sector US stocks tradable on Pluang rose today. For readers following Basic Materials, here is Pluang's market snapshot as of Sep 17, 2026 18:11 WIB: LAC (Lithium Americas Corp) rose 2.52% to USD 2.85 with 100% buy order activity and a typical hold time of 24 days; GFI (Gold Fields Limited) increased 2.45% to USD 42.99 with 59% sell and 41% buy activity and a 48-day hold time; AU (AngloGold Ashanti Limited) gained 2.42% to USD 102.15 with 79% buy orders and a 47-day hold time.

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