SHEEP CREEK PROJECT

The Sheep Creek Gold Project is an orogenic gold district with historical gold production of almost 800,000 ounces at an average gold grade of 14.4 g/t. Cassiar Gold has consolidated the claims in this district for the first time ever, to allow systematic, modern exploration of the 10 km long prospective belt.

A recent Geoscience BC Report has shown that veining at Sheep Creek is analogous to that in the Barkerville area. In contrast to Barkerville, the Sheep Creek Gold District has had minimal modern exploration since mining ceased in the early 1950’s.

The area is underlain by sequence of Cambrian metasediments, including argillite, quartzite and limestone, which are intruded by two separate intrusive events, one in the mid-Jurassic and the other in the Cretaceous. As a result of Jurassic accretion, the sediments have been folded into major anticline/syncline pairs with north-trending axial planes. Veins formed in the final stages of the accretion event, and are preferentially hosted within more brittle units within the metasedimentary sequence, or within pre-vein Jurassic intrusives.

OWNERSHIP

Cassiar entered into an option agreement to earn 100% interest in the Sheep Creek Gold Deposit district in early 2017.

HISTORIC PRODUCTION (1900 – 1951)

• 785,000oz Au
• Average grade 14.4g/t Au