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Cassiar Gold Corp. (V:GLDC)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: Suite 450 - 800 West Pender Street
VANCOUVER BC V6C 2V6
Tel: N/A
Website: https://cassiargold.com
IR: See website
Key People
Marco Roque
President, Chief Executive Officer, Director
Kevin Chen
Chief Financial Officer
Jill Maxwell
Vice President - Exploration
Business Overview
Cassiar Gold Corp. is a Canada-based gold exploration company. The Company holds a 100% interest in its flagship Cassiar Gold Property located in British Columbia, Canada. The Cassiar Gold property spans 590 square kilometers (km2) and consists of two main project areas: Cassiar North, which hosts a NI 43-101-compliant inferred resource known as the Taurus Deposit, and Cassiar South, which hosts gold showings, and exploration prospects. The project covers approximately 59,000 hectares of mineral claims in the Cassiar Mining District. The Company also holds a 100% interest in the Sheep Creek gold camp located near Salmo, British Columbia. The Sheep Creek gold district is an orogenic gold district. It covers an area of 3,939 hectares. The Sheep Creek Camp consists of 79 crown grants and 31 mineral tenures totaling 3,939 hectares in the Nelson mining division. It is located approximately 12 km east of Salmo, British Columbia.
Financial Overview
For the three months ended 31 December 2023, Cassiar Gold Corp revenues was not reported. Net loss decreased 50% to C$284K. Lower net loss reflects Marketing decrease of 66% to C$135K (expense), Flow through share premium increase from C$102K to C$342K (income), Management Fee decrease of 9% to C$109K (expense).
Employees: 11 as of Sep 30, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $25.29M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$2.46M as of Dec 31, 2023
Net annual income (TTM): -$1.46M as of Dec 31, 2023
Free cash flow (TTM): -$12.26M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 104,294,555 as of Jan 22, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization