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Cassiar Gold Announces Results of Annual General Meeting of Shareholders

Shareholder Meetings

Cassiar Gold Announces Results of Annual

General Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - March 22, 2023) -

Cassiar Gold Corp. (TSXV: GLDC) (OTCQX:

CGLCF)

(the "Company") is pleased to announce the results of its Annual General Meeting of

shareholders held on Wednesday, March 22, 2023 (the "Meeting").

A total of 10,333,427 common shares were represented in person or by proxy at the Meeting,

representing 12.57% of the Company's issued and outstanding common shares. All directors nominated

as listed in the Management Information Circular dated February 14, 2023 (the "Circular"), were re-

elected, as shown in the following table:

Nominee

Votes For

% Votes For

Votes Withheld

% Votes Withheld

Marco Roque

5,731,022

99.73%

15,700

0.27%

Stephen Letwin

5,302,689

99.27%

444,033

7.73%

Christopher Stewart

4,798,022

83.49%

948,700

16.51%

Stephen Robertson

5,711,022

99.38%

35,700

0.62%

Michael Wood

5,301,889

99.26%

444,833

7.74%

James Maxwell

5,711,022

99.38%

35,700

0.62%

At the Meeting, the shareholders of the Company also approved:

The appointment of MNP LLP, Chartered Accountants, as the auditors of the Company for the

ensuing year and to authorize the directors to fix their remuneration; and

The Company's share option plan, as described in the Circular.

Further details regarding the Meeting are available in the Circular on the Company's SEDAR profile at

www.sedar.com

.

About Cassiar Gold Corp.

Cassiar Gold Corp. is a Canadian gold exploration company holding a 100% interest in its flagship

Cassiar Gold Property located in British Columbia, Canada. The Cassiar Gold property spans 590 km

2

and consists of two main project areas: Cassiar North, which hosts a NI 43-101-compliant inferred

resource estimate of 1.4Moz at 1.14 g/t Au (cutoff grade of 0.5 g/t Au) known as the as the Taurus

Deposit (see National Instrument 43-101 Technical report on the Cassiar Gold property, April 28, 2022,

by S. Zelligan, J. Moors, C. Jolette, posted to SEDAR); and Cassiar South which hosts numerous gold

showings, historical workings, and exploration prospects. Historical underground mines in the Cassiar

South area have yielded over 315,000 oz of Au at average head grades of between 10 and 20 g/t Au

(2017, Cowley

1

), underscoring the high potential for further discovery and expansion of high-grade

orogenic gold veins.

The Company also holds a 100% interest in the Sheep Creek gold camp located near Salmo, BC. The

Sheep Creek gold district ranks as the third largest past-producing orogenic gold district in BC with

historical gold production of 742,000 ounces gold at an average grade of 14.7 g/t gold from 1900 to

1951. Minimal exploration work has been conducted since the 1950s.

Cassiar Gold Corp. acknowledges, respects, and supports the rights of Traditional First Nations in the

lands and communities where we operate.

CONTACT INFORMATION

Cassiar Gold Corp.

E-mail:

[email protected]

Phone: 236-878-6160

1

Cowley, 2017, NI43101 Technical Report on the Cassiar Gold Property, British Columbia, for China Minerals Mining Corp, June 26, 2017, revised

Oct 2, 2017

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/159485