Announcement • Jul 14
Canadian Goldfields Discovery Corp Commences Inaugural Drill Program At Swayze Central Gold Project Canadian Goldfields Discovery Corp. had announced that its inaugural, fully funded 1,500 metre diamond drill program at the Company’s 100%-owned Swayze Central Gold Project in Ontario is expected to commence on July 21, 2026. The Company has executed a drilling contract with Gateway Drilling Ltd. to complete the program. The drill program builds on the Company’s recently announced soil geochemical survey at Swayze Central, which is targeting to collect approximately 6,000 soil samples over a three-month period. This survey is focused on areas surrounding known mineralization, historical drill targets and additional prospective areas identified through the Company's review of historical geological data. The commencement of drilling in the next 7 days represents a significant acceleration of exploration activities at Swayze Central. The inaugural drill program is designed to test new targets identified through the Company’s ongoing geological review of historic data while evaluating selected historical drill intercepts. Results from the program will enhance the Company’s understanding of the project and guide future exploration. Further updates will be provided as the drill program progresses. The scientific and technical information contained in this news release has been reviewed and approved by Ian Raymond Dasti, P.Geo, Vice-President of Exploration of Canadian Goldfields Discovery Corp., and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Dasti has reviewed the technical information disclosed in this news release and has approved its dissemination. The information presented herein relates to planned exploration activities at the Company’s Swayze Central Gold Project, including the design and objectives of the geochemical soil sampling program. Historical exploration information referenced in this news release has been compiled from publicly available sources and historical reports. A Qualified Person has not completed sufficient work to independently verify all historical information, and the Company is not treating such information as current mineral resources or mineral reserves as defined by NI 43-101. Historical results, mineral occurrences, and exploration data should not be relied upon as indicative of future exploration results. The Company considers historical exploration information to be relevant for the purpose of guiding future exploration programs; however, readers are cautioned that such information may not be representative of actual mineralization or exploration potential on the Property. Announcement • Jul 10
Canadian Goldfields Discovery Corp Commences Extensive Soil Geochemical Survey At Swayze Central Gold Project Canadian Goldfields Discovery Corp. commenced an extensive soil geochemical survey at its Swayze Central Gold Project in Ontario. The program is targeted to collect approximately 6,000 soil samples over a three-month period. Sampling will focus on areas surrounding known mineralization, historical drill targets and additional prospective areas identified through the Company's review of historical geological data. Results will be used to refine and prioritize exploration targets and guide future exploration activities. Historical exploration at Swayze Central has included an eight-hole diamond drilling program completed in 2010. As reported in the Ontario Assessment Report, 2010 Diamond Drilling Report – Saracourt Property, Newton Township, N.T.S. 41 O (Myles Johnson, 2011), drill hole RPX10-02 intersected 35.0 metres grading 4.05 g/t Au, including 15.42 metres grading 7.76 g/t Au, while drill hole RPX10-08 returned 40.0 metres grading 2.65 g/t Au. True widths are unknown. Historical mapping completed by Dome Exploration in 1982 documented numerous gold occurrences across the property, including reported results of 118.97 g/t Au over 0.91 metres, 32.23 g/t Au over 1.22 metres, and grab samples returning up to 22.22 g/t Au. Historical assay values and intervals have been converted to metric units for consistency with current reporting conventions. The soil geochemical survey is expected to refine historical exploration targets; identify additional prospective target areas; prioritize future prospecting and geophysical programs; and support future drill targeting. The Company will provide additional updates as field activities progress and analytical results become available. The scientific and technical information contained in this news release has been reviewed and approved by Ian Raymond Dasti, P.Geo, Vice-President of Exploration of Canadian Goldfields Discovery Corp., and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI-43101”). Mr. Dasti has reviewed the technical information disclosed in this news release and has approved its dissemination. The information presented herein relates to planned exploration activities at the Company’s Swayze Central Gold Project, including the design and objectives of the geochemical soil sampling program. Historical exploration information referenced in this news release has been compiled from publicly available sources and historical reports. A Qualified Person has not completed sufficient work to independently verify all historical information, and the Company is not treating such information as current mineral resources or mineral reserves as defined by NI 43-101. Historical results, mineral occurrences, and exploration data should not be relied upon as indicative of future exploration results. The Company considers historical exploration information to be relevant for the purpose of guiding future exploration programs; however, readers are cautioned that such information may not be representative of actual mineralization or exploration potential on the Property. Announcement • May 21
Canadian Goldfields Discovery Corp. (TSXV:CGM) completed the acquisition of Newton Gold Corp. Canadian Goldfields Discovery Corp. (TSXV:CGM) entered into an amalgamation agreement to acquire Newton Gold Corp. for CAD 5.2 million on April 28, 2026. The acquisition includes the highly prospective Newton Gold Property in Ontario. Under the amalgamation agreement, Canadian Goldfields Discovery Corp. will issue 12,500,000 common shares to the shareholders of Newton Gold Corp. and each Newton Gold Shareholder will receive approximately 0.62 Common Shares for every one (1) Newton Gold Share held. The shares are subject to voluntary resale restrictions, with 33.3% released after 6 months, 33.3% after 12 months, and 33.4% after 18 months following closing.
The acquisition is subject to the approval of the TSX Venture Exchange acceptance and the satisfaction of other customary conditions.
Canadian Goldfields Discovery Corp. (TSXV:CGM) completed the acquisition of Newton Gold Corp. on May 19, 2026.