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Stonegate Updates Coverage on Cassiar Gold as Taurus PEA Nears

Stonegate Capital updates coverage on Cassiar Gold (TSXV: GLDC) as Taurus PEA advances, 10,000m drill program progresses, and exploration permit extends to 2031.

This news matters because it signals that Cassiar Gold is transitioning from pure exploration to systematic project development at its Taurus deposit. The upcoming PEA will offer the first economic snapshot of the project, helping investors gauge potential mine scale, capital intensity, and profitability. With a substantial near-surface resource of 2.34 Moz and ongoing drilling that could expand it further, Cassiar offers exposure to both resource growth and de-risking. The exploration permit extension through 2031 and the agreement with the Dease River First Nation also reduce political and social risks, enhancing the project's long-term viability. For the junior mining sector, this illustrates how disciplined technical work and community engagement can advance a district-scale gold asset in a Tier-1 jurisdiction. As gold prices remain volatile, proven resources with clear development pathways are increasingly valuable, making Cassiar's progress noteworthy for investors and industry observers alike.