{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Cassiar Gold Corp. (TSXV:GLDC) - \"Whoever comes in on Cassiar is going to make a lot of money\"","html":"","width":"100%","height":180,"duration":1140,"description":"Interview with Steve Letwin, Chairman of Cassiar GoldOur previous interview: https://www.cruxinvestor.com/posts/cassiar-gold-tsxvgldc-updated-23m-oz-project-fast-tracked-by-existing-infrastructure-8018Recording date: 2nd March 2026Cassiar Gold (TSXV:GLDC) is a pre-production junior gold company with a materially different risk profile to most of its peers at an equivalent stage of development. The project, located in northeastern British Columbia, benefits from over $100 million in pre-existing infrastructure including an operating mill, a camp, a core shack, an active tailings pond, and 170 kilometres of road acquired by the company for approximately $1 million worth of Cassiar shares. That infrastructure advantage has allowed the company to direct capital toward resource development, producing a current mineral resource of approximately 2.5 million ounces across two distinct geological zones.The project's chairman is Steve Letwin, who served as president and CEO of IAMGOLD from 2010 to 2020 and oversaw the development of the Côté Gold mine in Ontario, including securing a $450 million strategic investment from Japan's Sumitomo Corporation. Letwin holds over 7 million shares and has not sold a single one, representing meaningful alignment with retail and institutional investors. He is now applying the same development logic to Cassiar that he used at Côté: build the case, demonstrate the path to cash flow, and bring in a strategic partner with the balance sheet to accelerate development.The near-term strategy centres on Cassiar South, a high-grade narrow-vein system that historically produced at grades of 15–20 g/t. The existing mill is currently being refurbished by an engaged specialist firm, with metallurgical work running in parallel and completion expected within the current quarter. The mill is being optimised for Cassiar South feed at approximately 200 tonnes per day which is a scale Letwin argues generates compelling economics at current gold prices near...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}