Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Chief Technical Officer & Director Mike Doyle was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Apr 23
Canagold Resources Ltd., Annual General Meeting, Jun 12, 2026 Canagold Resources Ltd., Annual General Meeting, Jun 12, 2026. Location: british columbia, vancouver Canada Annuncio • Feb 26
Canagold Resources Ltd. Accelerates Antimony Production Strategy with Additional Drilling and Technical Studies Canagold Resources Ltd. announced plans for a comprehensive 2026 work program at its 100%-owned New Polaris project, focused on expanding gold-antimony resources and advancing technical studies to evaluate the financial benefits of incorporating antimony production into the project development plans and economics. The fully funded program, will include approximately 7,000 metres of diamond drilling, scheduled to commence in June and continue through July 2026. The drilling will target expansion of the high-grade gold-antimony mineralization within and adjacent to the current mine plan outlined in the feasibility study completed in July 2025. The objective is to further define and potentially increase the gold-antimony resource base in areas expected to have a direct and positive impact on early production and overall project economics. In parallel, the Company will undertake additional metallurgical test work and preliminary engineering studies to optimize the flotation and refining process flowsheet for the production of saleable antimony metal. Drill core from the 2026 program will provide fresh material for detailed metallurgical characterization, recovery optimization, and product specification testing. Importantly, the majority of mining, crushing, grinding, and processing costs associated with antimony recovery are already incorporated within the existing gold-focused mine plan. As a result, the addition of a saleable antimony product is expected to represent a meaningful incremental revenue stream with limited additional capital or operating cost requirements. Engineering and financial studies planned for 2026 will quantify the potential impact of antimony revenue on overall project cash flow, operating margins, and after-tax returns. Upon completion of the drilling and metallurgical programs, the Company expects to have sufficient technical and economic data to support the inclusion of antimony production and revenue into the current project economics. The Company believes that integrating antimony production, enhances the strategic and economic profile of New Polaris, particularly in light of growing global demand for secure and diversified critical mineral supply. Further updates will be provided as the 2026 work program advances. In accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects, Garry Biles, P.Eng, President & COO is the Qualified Person for the Company and has prepared, validated, and approved the technical and scientific content of this news release. The Company strictly adheres to CIM Best Practices Guidelines in conducting, documenting, and reporting activities on its projects. Annuncio • Oct 02
Canagold Resources Ltd. Announces Positive Results from Antimony Flotation Testing for its 100% Owned New Polaris Gold-Antimony Project Located in Northwest British Columbia, Canada Canagold Resources Ltd. announced positive results from antimony (Sb) flotation testing for its 100% owned New Polaris gold-antimony project located in northwest British Columbia, Canada. Antimony Flotation Locked Cycle Test Results. High quality and High recovery Sb-Au Concentrate. 93.1 % Sb recovery in Sb-Au concentrate and overall, 91.8% Au recovery in the combined Au and Sb-Au concentrates. Antimony Locked Cycle Flotation Results. A total of 5,630 tonnes of Sb grading 0.6% is included in the Company's Indicated MRE dated April 2, 2025. A total of 5,173 tonnes Sb is included in the FS mine plans. The Feasibility Study does not currently account for any revenue from antimony, as the process flowsheet outlined in the study was specifically designed to produce a bulk sulphide concentrate. While antimony has been known to occur at New Polaris since the early mining activities of the 1940s and 1950s, its economic importance has increased significantly in recent years due to global supply constraints and sharply rising prices. The Company will continue further metallurgical test work and economic assessments to evaluate the potential for including antimony revenue in the project's financial model. Should future studies confirm its viability, the addition of antimony revenue will further enhance overall project economics, particularly since the associated mining costs are already largely supported by gold production. Moreover, there can be no assurances that ongoing work will ultimately support this outcome. Annuncio • Sep 04
Canagold Resources Ltd. Files Feasibility Study Report for the New Polaris Project Canagold Resources Ltd. announced that it has filed the Technical Report (the "Report") for the Feasibility Study for its 100% owned New Polaris gold-antimony project ("New Polaris" or the "Project") located in northwest British Columbia, Canada. The Report, titled "New Polaris Project, NI 43-101 Technical Report & Feasibility Study" is compliant with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The key highlights from the Report were initially announced on July 21, 2025, and are summarized below. Feasibility Study Highlights: After-tax net present value ("NPV") of $425 million generating an after-tax internal rate of return ("IRR") of 30.9%, with a project payback of pre-production capital expenditures ("CAPEX") of 2.4 years, assuming a discount rate of 5.0% and a USD 2500 base case Gold Price per ounce ("Gold Price"). After-tax NPV of $793 million generating an after-tax IRR of 47.3 %, with a project payback of Pre-production CAPEX of 1.7 years, assuming a discount rate the 5.0% and a $3300 spot Gold Price; Life of mine ("LOM") after-tax free cash flow of $649 million at a USD 2,500 base case Gold Price; LOM after-tax free cash flow the 1.1 billion at a USD 3,300 Spot Gold Price; Estimated pre-production capital expenditures CAPEX of $250 million, LOM all-in sustaining cost ("AISC") per payable gold USD 1247/oz; High-grade underground mine averaging a LOM diluted grade of 9.94 g/t gold containing 904,000 ounces of Gold; LOM mill recovered gold production of 805,589 ounces. Annuncio • Aug 19
Canagold Resources Ltd. announced that it has received CAD 4 million in funding from Sun Valley Investments AG Canagold Resources Ltd. announces that it has closed the offering with Sun Valley Investments AG to 4,651,163 flow-through shares at a price of CAD 0.43 per share for gross proceeds of CAD 2,000,000.09 and 5,128,205 regular common shares at a price of CAD 0.39 per share for proceeds of CAD 1,999,999.95 aggregate proceeds are CAD 4,000,000.04 on August 18, 2025. The Company received conditional approval from the Toronto Stock Exchange for the Offering on August 7, 2025 and is currently seeking final approval. No finder‘s fees were paid in connection with the Offering. The FT Shares and the NFT Shares were issued on a private placement basis and are subject to a hold period of four months and one day following the closing date of the Offering, expiring on December 19, 2025. Annuncio • Jul 21
Canagold Resources Ltd. Announces Positive Feasibility Study Results for the New Polaris Project Canagold Resources Ltd. announced positive results of the Feasibility Study ("FS") for its 100% owned New Polaris gold-antimony project located in northwest British Columbia, Canada. Critical Metals/Antimony: A total of 5,630 tonnes of Sb grading 0.6% is included in the Company's Indicated MRE dated April 2, 2025; A total of 5,173 tonnes Sb is included in the FS mine plans; However, the Feasibility Study does not include any revenue contribution from antimony or estimate an antimony reserve. To capitalize on the full economic potential of antimony, the Company is advancing several key initiatives: Metallurgical Test Work: Ongoing advanced testing to produce a high-grade antimony-gold concentrate; Refining and Processing Studies: Technical assessments evaluating the feasibility of refining antimony into high-purity metal prior to off-site gold refining; Economic Optimization: Evaluating the potential uplift in project economics from the future inclusion of antimony revenue; Exploration Upside: Assessing opportunities for expanding antimony mineralization within the broader New Polaris property. The Feasibility Study for New Polaris was completed by Ausenco Engineering Canada ULC ("Ausenco"), supported by Moose Mountain Technical Services and JDS Energy & Mining Inc. Mineral Resource Estimate: The Company's current Mineral Resource Estimate ("MRE"), completed by Moose Mountain Technical Services, has an effective date of April 2, 2025 with the mineralization model as the basis for the FS. Mining Overview: The New Polaris mine is designed as a modern, fully-mechanized underground operation, targeting the safe and cost-effective extraction of mineral reserves over an estimated 8.3 year mine life. The underground mine is expected to employ approximately 190 personnel, sustaining an average production rate of 950 tpd throughout the mine's operating life. Processing will occur in a 1000 tpd crushing, grinding and flotation plant to produce a bulk sulphide flotation concentrate which will be shipped off site for final processing at an independent processing facility. Concentrate Marketing Study: An independent concentrate marketing study for the New Polaris Project, evaluating marketability and treatment terms for its gold concentrate has been completed as part of the FS. The study confirms that the New Polaris gold concentrate, targeted at a grade exceeding 100 g/t Au, and an average 12% As, is marketable under current global conditions. Canagold remains firmly committed to continuing meaningful engagement with Indigenous communities, both in Canada and Alaska, as the project progresses. The 2025 FS clearly demonstrates that New Polaris is an economically viable project. Several key opportunities have the potential to significantly increase the economic value of the New Polaris Project while simultaneously reducing its environmental impact: Antimony: Antimony: Antimony is a high-grade antimony and low AISC for the New Polaris Gold-Antimony Project. The Company is advancing several key opportunities have the potential to significant economic value of the New Polaris project while simultaneously reducing its environmental impact; Antimony Value: A total of 5, 630 tonnes of Sb grading 0.,6% is included in the FS. A total of 5,173 tons Sb is included in theFS mine plans. However, the Feasibility study does not include any revenue contributions from antimony or estimate an Antimony reserve. Annuncio • Apr 14
Canagold Resources Ltd., Annual General Meeting, Jun 12, 2025 Canagold Resources Ltd., Annual General Meeting, Jun 12, 2025. Location: british columbia, vancouver Canada Annuncio • Mar 05
Canagold Resources Ltd. announced that it has received CAD 3.22 million in funding from Sun Valley Investments AG, Goldlogic Corp. and other investors Canagold Resources Ltd. announce a private placement to issue 9,200,000 charity flow-through common shares at issue price of CAD 0.35 per FT share for gross proceeds of CAD 3,220,000 on March 4, 2025. The Company received conditional approval from the Toronto Stock Exchange for the Offering on February 24, 2025 and is currently seeking final approval. No finder‘s fees were paid in connection with the Offering. The FT Shares were issued on a private placement basis and are subject to a hold period of four months and one day following the closing date of the Offering, expiring on July 5, 2025. Under the Offering, Sun Valley Investments AG purchased 3,680,000 common shares. Goldlogic Corp., an affiliate of Sun Valley, purchased 920,000 common shares, with a third investor purchasing the remaining common shares. Prior to the closing of the Offering, Sun Valley beneficially owned 68,459,133 common shares and Goldlogic Corp. owned 15,579,000 common shares, which in the aggregate represents 48.16% of the Company’s total issued and outstanding common shares. Following the closing of the Offering, Sun Valley beneficially owns 72,139,133 common shares and Goldlogic Corp. owns 16,499,000 common shares, representing in the aggregate 48.25% of the Company’s total issued and outstanding common shares. Sun Valley acquired, both directly and indirectly, an aggregate of 4,600,000 Shares. Annuncio • Feb 21
Canagold Resources Ltd. Announces Antimony Mineral Resource Estimate for New Polaris Gold Project Canagold Resources Ltd. announced a Mineral Resource Update for New Polaris Gold Project that quantifies the antimony metal contained within the current gold resource. In 2025, further analysis of the antimony resource and expansion potential will take place, accompanied by additional metallurgical testing, aimed at establishing the best processing methods for producing a commercially viable antimony product. Canagold remains committed to exploring ways to maximize the potential of its New Polaris asset as a source of both gold and antimony, aiming to enhance the project’s overall value while contributing to the increasing demand for critical minerals. The current gold resource includes;
5,630 tonnes of antimony metal within the base case indicated gold resource, and 1,195 tonnes of antimony metal within the base case inferred gold resource. Annuncio • Feb 01
Canagold Resources Ltd. Receives Process Order to Proceed with Environmental Assessment Application for Permitting the New Polaris Project Canagold Resources Ltd. announced a significant permitting milestone in the advancement of its New Polaris Project ("the Project"), located in the Traditional Territory of the Taku River Tlingit in northwestern British Columbia. The British Columbia Environmental Assessment Office (BCEAO) has issued a process order, enabling the Project to proceed to the Application Development and Review phase of the Environmental Assessment. This marks a crucial step forward in the permitting process for the New Polaris Project. During this phase, Canagold will prepare and submit its application for an Environmental Assessment Certificate while continuing its robust engagement efforts with Indigenous Nations, regulatory bodies, and other stakeholders. Prior to issuing the process order, BCEAO conducted a thorough review process that included feedback from participating Indigenous Nations, the Technical Advisory Committee (TAC), Alaskan Tribes, and the public, facilitated through a public comment period. The New Polaris Project reflects Canagold's dedication to creating long-term value while adhering to high environmental, social, and governance (ESG) standards. The Company will continue to provide updates as it advances through the permitting process and prepares for the next stages of project development. Annuncio • Jan 08
Canagold Resources Ltd. Identifies Significant Antimony Production Potential at New Polaris Canagold Resources Ltd. announced that its New Polaris Gold Project contains significant antimony mineralization, in addition to the previously defined gold resources. Antimony, recognized as a critical mineral by Canada, the United States, and the European Union, plays a vital role in numerous industrial applications. This versatile metal is increasingly used in defense technologies, semiconductor production, fire retardants, and the manufacturing of solar panels. In 2024, antimony prices experienced a notable surge, driven by shifting global supply and demand dynamics. This price increase has been influenced by rising global demand for antimony, coupled with the imposition of export restrictions by China, the world’s largest producer of the metal. Although the presence of antimony at New Polaris has been known since the early days of mine production in the 1940s and 1950s, the metal's potential has largely been overlooked due to China’s dominant global supply. However, with antimony now being classified as a critical mineral and the limited global production outside of China, Canagold is committed to evaluating the potential for antimony production alongside its ongoing gold development plans at New Polaris. Importantly, the inclusion of antimony production at New Polaris will be integrated with the Company’s existing gold production plans, with no impact on current permitting or mine development timelines. Results from a comprehensive 700 kg master composite metallurgical test program conducted in 2022 at ALS Labs, which included over 390 mineralized drill core intervals, with an average antimony grade of 0.44%, although not optimised to recover antimony, was able to recover 92% of the antimony in the feed to the bulk sulphide gold concentrate. The concentrate averaged 3.07% antimony. Further evaluation of the antimony resource, along with additional metallurgical testwork, will be conducted in 2025 to assess the total existing antimony resource and determine the optimal processing conditions required to recover antimony into a marketable product. Canagold will continue to assess opportunities to leverage its New Polaris asset as a source of both gold and antimony, which could enhance the overall value of the project while supporting the growing demand for these critical minerals. Drill Core Sampling and Quality Assurance – Quality Control Program: Drill core is geologically logged to identify the gold mineralized zones that are allocated unique sample number tickets and marked for cutting using a purpose-built diamond blade rock saw. Half core samples are collected in labelled bags and the other half remains in the original core box stored on site. Quality control (QC) samples including certified reference material standards, blanks and duplicates are inserted into the sample sequence at intervals of one in ten on a rotating basis to monitor laboratory performance and provide quality assurance (QA) of the assay results. Several sample bags are transported together in rice bags with unique numbered security tags attached and labelled with Company and lab contact information to ensure sample security and chain of custody during shipment to the lab. Canagold’s asset is the 100% owned New Polaris Gold Mine project located in northwestern British Columbia about 100 kilometers south of Atlin, BC and 60 kilometers northeast of Juneau, Alaska. The is located within the traditional territory of the Taku River Tlingit First Nations. Annuncio • Oct 07
Canagold Resources Ltd. Announces New Polaris Project Advances to Process Planning Phase Following Environmental Assessment Recommendation Canagold Resources Ltd. announced a significant milestone in the development of its New Polaris Project, located in the Traditional Territory of the Taku River Tlingit in northwestern British Columbia. The British Columbia Environmental Assessment Office (BCEAO) has recommended that the New Polaris Project proceed to the Process Planning Phase of the environmental assessment. This recommendation follows a thorough review that evaluated the potential environmental and socio-economic impacts of the project. The Taku River Tlingit First Nation’s support for this recommendation reflects Canagold’s commitment to responsible development and collaboration with them. Throughout the Early Engagement phases of the environmental assessment process, company have actively addressed the concerns raised by the Taku River Tlingit, Indigenous groups in Alaska, stakeholders, and government regulators in both British Columbia and Alaska. This strategic decision has not only reduced environmental impacts but also enhanced the project's economic viability through: reduction in power requirements: the revised project will have significantly lower energy requirements and diesel needed for power generation. with the potential for on-site hydro power development, diesel consumption can be reduced even further. no cyanide usage: notably, there will be no cyanide used in the flotation process and co-storage facility (for storing process tailings and mine waste rock) will no longer include materials high in arsenic. freight transportation improvements: with concentrate being flown off-site, operational supplies can now be flown in as needed. this will significantly reduce the need for barging after the initial two years of construction are completed. reduced site storage facilities: delivery of operating supplies will be spread evenly throughout the year, minimizing on-site storage requirements. this will significantly reduce the size of fuel storage facilities required on-site. Key Highlights: recommendation for process planning phase: the eao’s recommendation marks a pivotal advancement for the new polaris project, moving it from the readiness decision to the process planning phase. this stage will involve comprehensive planning to ensure a thorough and effective environmental assessment. collaborative effort: the support of the taku river tlingit first nation highlights commitment to engaging with them and incorporating their perspectives into the project planning process. this relationship reflects dedication to environmental stewardship and meaningful engagement and collaboration. project impact: the new polaris project, a high-grade gold deposit, holds potential to contribute significantly to the regional economy. progressing to the process planning phase brings closer to unlocking the project’s benefits while upholding rigorous environmental and social standards. The Process Planning Phase will focus on developing comprehensive plans for the environmental assessment, including consultations with stakeholders and the public. Canagold Resources is dedicated to maintaining transparency throughout this process and will provide regular updates as the project progresses. Annuncio • Sep 18
Canagold Resources Ltd. Completes Resource Expansion Drilling Program at New Polaris with Additional Strong Mineralization Intercepts Canagold Resources Ltd. announced sample assay results from an additional 2 drill holes from the resource expansion drill program targeting the North Zone at its 100% owned New Polaris Gold project located in northwestern British Columbia, 100 kilometers (km) south of Atlin and 60 km northeast of Juneau, Alaska. 10.8grams per tonne (“gpt”) gold (“Au”) over 4.3m from 176.4 m down hole in Hole NP24-34 Including 15.5 gpt Au over 2.0 m from 177.5 m 10.4 gpt Au over 3.6 m from 166.8 m down hole in Hole NP24-34 Including 12.3 gpt Auover1.3 m from 166.8 m 14.1 gpt Au over 1.1 m from 202.7 m down hole in Hole NP24-33A 10.4 gpt Au over 1.2 m from 252.3 m down hole in Hole NP24-33A. The drilling program has now been completed with 10,300 meters being drilled in 34 holes and modeling of the results are in progress. The drilling has intercepted five separate zones of mineralization in this area. Drill Core Sampling and Quality Assurance – Quality Control Program Drill core is geologically logged to identify the gold mineralized zones that are allocated unique sample number tickets and marked for cutting using a purpose-built diamond blade rock saw. Half core samples are collected in labelled bags and the other half remains in the original core box stored on site. Quality control (QC) samples including certified reference material standards, blanks and duplicates are inserted into the sample sequence at intervals of one in ten on a rotating basis to monitor laboratory performance and provide quality assurance (QA) of the assay results. Several sample bags are transported together in rice bags with unique numbered security tags attached and labelled with Company and lab contact information to ensure sample security and chain of custody during shipment to the lab. Diamond drill core samples were prepared at MSA Labs’ Preparation Laboratory in Terrace, BC and assayed at MSA Labs’ Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Canagold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. Some diamond drill core samples were submitted to the ALS Geochemistry Lab in Whitehorse, YT for preparation and assaying. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Canagold personnel. ALS Canada Ltd. is accredited by the Standards Council of Canada and is an ISO/IEC 9001:2015 and 17025:2017 certified analytical laboratory in North America. MSA Labs and ALS Labs are independent of the Company. Annuncio • Aug 29
Canagold Resources Ltd. Announces Sample Assay Results from an Additional 26 Drill Holes from the Resource Expansion Drill Program Targeting the North Zone At its New Polaris Gold Project Located in Northwestern British Columbia Canagold Resources Ltd. announced sample assay results from an additional 26 drill holes from the resource expansion drill program targeting the North Zone at its 100% owned New Polaris Gold project located in northwestern British Columbia, 100 kilometers (km) south of Atlin and 60 km northeast of Juneau, Alaska. Drill core is geologically logged to identify the gold mineralized zones that are allocated unique sample number tickets and marked for cutting using a purpose-built diamond blade rock saw. Half core samples are collected in labelled bags and the other half remains in the original core box stored on site. Quality control (QC) samples including certified reference material standards, blanks and duplicates are inserted into the sample sequence at intervals of one in ten on a rotating basis to monitor laboratory performance and provide quality assurance (QA) of the assay results. Several sample bags are transported together in rice bags with unique numbered security tags attached and labelled with Company and lab contact information to ensure sample security and chain of custody during shipment to the lab. Diamond drill core samples were prepared at MSA Labs’ Preparation Laboratory in Terrace, BC and assayed at MSA Labs’ Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Canagold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. Some diamond drill core samples were submitted to the ALS Geochemistry Lab in Whitehorse, YT for preparation and assaying. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Canagold personnel. ALS Canada Ltd. is accredited by the Standards Council of Canada and is an ISO/IEC 9001:2015 and 17025:2017 certified analytical laboratory in North America. Highlights: 20.2grams per tonne (“gpt”) gold (“Au”) over 4.4m from 121.6 m down hole in Hole NP24-09 Including 26.9 gpt Au over 3.0 m from 123.0 m. 18.3 gpt Au over 4.5 m from 69.8 m down hole in Hole NP24-28 Including 33.6 gpt Auover2.0 m from 72.3 m. 14.9 gpt Au over 2.1 m from 106.7 m down hole in Hole NP24-11 Including 30.1 gpt Au over1.7 m from 106.7 m. 12.4 gpt Au over 3.2 m from 213.3 m down hole in Hole NP24-25 Including19.7 gpt Au over1.0 m from 213.3 m. 9.4 gpt Au over 9.8m from 153.0 m down hole in Hole NP24-09 Including15.6 gpt Au over2.6 m from 154.5 m. Annuncio • Jul 18
Canagold Resources Ltd. Intercepts Strong Mineralization in First Five Resource Expansion Drill Holes At New Polaris Canagold Resources Ltd. announced sample assay results from the first five drill holes from the resource expansion drill program targeting the North Zone at its 100% owned New Polaris Gold project located in northwestern British Columbia, 100 kilometers (km) south of Atlin and 60 km northeast of Juneau, Alaska. Highlights: 14.5 grams per tonne (‘gpt’) gold (‘Au’) over 3.8 m from 108.8 m down hole in Hole NP24-01 Including 21.4 gpt Au over 1.7 m from 108.8 m 12.9 gpt Au over 3.8 m from 206.5 m, in Hole NP24-01 10.6 gpt Au over 5.0 m from 109.0 m in Hole NP24-02 Including 17.6 gpt over 3.0 m from 109.0 m 13.2 gpt Au over 2.6 m from 78.7 m down hole in Hole NP24-04 Within a larger interval of 8.6 gpt Au over 9.8 m from 75.0 m 12.3 gpt Au over 3.6 m from 83.5 m down hole in Hole NP24-05 Including 15.7 gpt Au over 1.4 m from 783.5 m 12.9 gpt Au over 4.6 m from 230.8 m down hole in Hole NP24-05 Including 34.5 gpt Au over 0.8 m from 238.1 m and 21.2 gpt Au over 1.2 m from 240.4 m. Drill intercepts shown are core length as insufficient drilling has taken place to determine the true dip and strike orientation of the veins being intercepted. Multiple veins are being intercepted in this area of the deposit. To date 6,000 meters of the 12,000 planned drilling has been completed with drilling expected to continue until the middle of August. The drilling so far has intercepted four separate zones of mineralization in this area. New Polaris Overview: Canagold’s asset is the 100% owned New Polaris Gold Mine project located in northwestern British Columbia about 100 kilometers south of Atlin, BC and 60 kilometers northeast of Juneau, Alaska. The property consists of 61 contiguous Crown-granted mineral claims and one modified grid claim covering 850 hectares. New Polaris lies within the Taku River Tlingit First traditional territory. Canagold is committed to providing employment and business opportunities that help support the local economies in the vicinity of its exploration projects. The New Polaris gold deposit is an early Tertiary, mesothermal gold-bearing vein system occupying shear zones cross-cutting late Paleozoic andesitic volcanic rocks. It was mined by underground methods from 1938 to 1942, and again from 1946 to early 1951, producing approximately 245,000 oz gold from 740,000 tonnes of ore at an average grade of 10.3 gpt gold. Three main veins (‘AB, C and Y’) were mined to a maximum depth of 150 m and have been traced by drilling for up to 1,000 m along strike and up to 800 m down dip, still open for expansion. The gold occurs dominantly in finely disseminated arsenopyrite within quartz-carbonate stock-work veins and altered wall-rocks. Individual mineralized zones extend up to 250 meters in length and 14 meters in width. Average widths more commonly range from 2 to 5 meters. Drill core is geologically logged to identify the gold mineralized zones that are allocated unique sample number tickets and marked for cutting using a purpose-built diamond blade rock saw. Half core samples are collected in labelled bags and the other half remains in the original core box stored on site. Quality control (QC) samples including certified reference material standards, blanks and duplicates are inserted into the sample sequence at intervals of one in ten on a rotating basis to monitor laboratory performance and provide quality assurance (QA) of the assay results. Several sample bags are transported together in rice bags with unique numbered security tags attached and labelled with Company and lab contact information to ensure sample security and chain of custody during shipment to the lab. The samples are submitted to the ALS Geochemistry lab in Whitehorse, YT for preparation and assaying. The entire sample is crushed to 70% passing -2 millimeters and a 250 gram aliquot is split and pulverized to 85% passing -75 microns. Analysis for gold is by 30 gram fire assay and gravimetric finish. A suite of 30 other elements including arsenic, antimony, sulfur and iron are analyzed by aqua-regia digestion Inductively Coupled Plasma Atomic Emission Spectroscopy (ICP-AES). ALS Canada Ltd. is accredited by the Standards Council of Canada and is an ISO/IEC 9001:2015 and 17025:2017 certified analytical laboratory in North America. Annuncio • Jun 06
Canagold Initiates Resource Expansion Drilling At New Polaris Project Canagold Resources Ltd. announced that, in line with its commitment to accelerating the advancement of the New Polaris Gold project towards production, drill crews have been mobilized to the site in northern British Columbia to restart drilling operations. The 2024 drilling program includes 12,000 meters of drilling, primarily targeting high-grade mineralization adjacent to historic workings in the upper part of the deposit. Recent modeling of historic drill data, comprising a total of 36 drill holes, has revealed an area of significant mineralization with numerous high-grade intercepts, indicating potential for expansion to the north. This mineralization is not yet well enough defined to be included in the Company’s existing resource and mining plans. This target presents an opportunity to expand known mineralization and define high-grade resources at a shallow depth, which could be accessed early in the mine life, thereby potentially reducing the initial capital required to bring the property into production. Historical intercepts from previous drilling have yielded very attractive high-grade mineralization, reinforcing the potential for significant resource growth. 26.2 grams per tonne (“gpt”) gold (“Au”) over 4.3 m in drill hole 475 (late 1940s) 16.7 gpt Au over 1.6 m in drill hole PT9706 (1997) 11.9 gpt Au over 3.0 m in drill hole PT9618 (1996). The 2024 drilling program is designed to add to the Indicated Resource category for possible inclusion in the ongoing feasibility study. Annuncio • Apr 09
Canagold Resources Ltd., Annual General Meeting, Jun 12, 2024 Canagold Resources Ltd., Annual General Meeting, Jun 12, 2024. Location: Vancouver, BC Vancouver BC British Columbia Canada Annuncio • Mar 29
Canagold Resources Ltd. announced that it has received CAD 4.12125 million in funding from Sun Valley Investments AG Canagold Resources Ltd. announced a private placement of 15,700,000 flow-through common shares at a price of CAD 0.2625 per share for the gross proceeds of CAD 4,121,500 on March 28, 2024. The company received conditional approval from the Toronto Stock Exchange for the offering on March 26, 2024 and is currently seeking final approval. No finder fees were paid in connection with the Offering. The FT Shares were issued on the private placement and are subject to a hold period of four months and one day following the closing date of the offering, expiring on July 29, 2024. The transaction will include participation from returning investor, Sun Valley Investments AG. New Risk • Feb 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.2m free cash flow). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (€20.9m market cap, or US$22.5m). New Risk • Nov 12
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$5.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$5.2m free cash flow). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (73% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€23.6m market cap, or US$25.2m). Annuncio • Jul 30
Canagold Resources Ltd. announced that it has received CAD 4.41 million in funding Canagold Resources Ltd. announced a non-brokered private placement of 21,000,000 shares at an issue price of CAD 0.21 per share for proceeds of CAD 4,41,0,000 on July 28, 2023. The transaction included participation from two insiders of the company for 13,500,000 shares. The shares issued in connection with the closing of the offering are subject to a statutory hold period for four months plus a day in accordance with applicable securities legislation ending on December 1, 2023. Annuncio • Jun 03
Canagold Resources Ltd. Appoints Tim Caldwell as the Vice President, Sustainability Canagold Resources Ltd. announced the company has appointed Mr. Tim Caldwell as the Company's Vice President, Sustainability. Mr. Caldwell has over 25 years of experience in the province of British Columbia and around the globe having worked for companies such as: Teck Resources, Anglo American, Centerra Gold and most recently Kinross Gold. His career has taken him across western Canada and globally and has allowed him to gain expertise in the areas of sustainability, permitting, environmental stewardship, engagement and closure. Tim will be primarily responsible for managing Canagolds permitting and stakeholders engagement efforts for the New Polaris gold project. He has vast experience and knowledge of Environmental and Social Sustainability (ESS) at all levels that including meaningful engagement at a project level with affected indigenous nations and local communities while developing sustainable benefits for everyone involved. In addition to his background in the environmental sector, Tim also holds certification from the University of Victoria in the field of Health &Safety. Annuncio • May 19
Canagold Resources Ltd. Increases Indicated Gold Resource by 89% in Updated Mineral Resource Estimate for New Polaris Gold Project, BC Canagold Resources Ltd. announced the Updated Mineral Resource Estimate for New Polaris Gold Project located approximately 100 kilometres south of Atlin, BC. Underground Mineral Resource Estimate ("MRE") 2.97 million tonnes ("Mt") @ 11.6 grams per tonne gold ("gpt Au") for 1.11 million ounces contained gold Indicated and 0.93 Mt @ 8.93 gpt Au for 0.27 Moz contained gold Inferred. Highlights: 89% increase in the Indicated category contained ounces of gold compared to the 2019 preliminary economic assessment resource due to a very successful 2021-22 infill drill program. 23% Increase to the overall resource tonnage due to the additional veins defined by the 2021-22 infill drilling that were integrated into the new geological model. Gold grade improvement by 8% in the Indicated category to 11.61 gpt Au, up from 10.8 gpt Au in the 2019 PEA due to the refined geological model constrained by the additional drilling. The updated 2023 MRE provides the Indicated category resource required to underpin the Feasibility Study announced on October 11, 2022. Canagold's 2021-22 exploration program has proved highly successful in reaching primary objective of adding more gold ounces into the Indicated category. The Company's goal has been to hit target of more than one million ounces to feed into the feasibility study currently underway with Ausenco Engineering. Right now, were working with a potential mine plan that targets 100,000 ounces per year based on an approximately 10-year mine life and assuming the current drilling depth weve achieved to date. The updated 2023 M RE reflects the Company's success in completing an additional 40,000 meters of infill drilling, targeting areas of previously inferred category resource from the 2019 PEA. The refined geological model now includes 17 vein domains of at least 2 metre width. Annuncio • Jan 26
Canagold Announces Agreement with Taku River Tlingit First Nation for New Polaris Project Canagold Resources Ltd. announced it has signed an agreement with the Taku River Tlingit First Nation (“TRTFN”) in respect of development of the Company’s New Polaris project (“New Polaris”, or the “project”) located within the traditional territory of the TRTFN located approximately 100 kilometres south of Atlin, B.C. The agreement also includes a framework for information-sharing, permitting processes, environmental protection and monitoring, as well as sharing of benefits to support community development initiatives. Through this collaborative approach, Canagold is able to obtain consent and support its exploration and evaluation activities within the TRTFN territories. Canagold and TRTFN are committed to continue collaborating on various initiatives, including discussions on the recently announced Indigenous Protected and Conserved Area (IPCA), in line with TRTFN’s stated desire to allow environmentally sound mining to take place in the Territory. Board Change • Nov 16
No independent directors There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. No independent directors (5 non-independent directors). Director Andrew Trow is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CEO & Director Scott Eldridge was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. CEO & Director Scott Eldridge was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Is New 90 Day High Low • Feb 27
New 90-day low: €0.33 The company is down 19% from its price of €0.41 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 56% over the same period. Is New 90 Day High Low • Feb 10
New 90-day low: €0.36 The company is down 17% from its price of €0.43 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 54% over the same period. Recent Insider Transactions • Sep 23
Founder & Chairman recently sold €85k worth of stock On the 16th of September, Bradford Cooke sold around 811k shares on-market at roughly €0.11 per share. This was the largest sale by an insider in the last 3 months. Bradford has been a seller over the last 12 months, reducing personal holdings by €159k. 
