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Canagold Continues to Sntercept Strong Mineralization in Resource Expansion Drilling Program at New Polaris

9 de sept de 2024

Canagold ($CCM.T) announces 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. hashtag#gold hashtag#mining hashtag#exploration hashtag#smallcaps


Highlights


·      20.2 grams per tonne (“gpt”) gold (“Au”) over 4.4 m 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 Au over 2.0 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 over 1.7 m from 106.7 m


·      12.4 gpt Au over 3.2 m from 213.3 m down hole in Hole NP24-25


  • Including 19.7 gpt Au over 1.0 m from 213.3 m


·      9.4 gpt Au over 9.8 m from 153.0 m down hole in Hole NP24-09


  • Including 15.6 gpt Au over 2.6 m from 154.5 m


Catalin Kilofliski, Canagold’s CEO, stated, “The results from this additional drilling are encouraging, as they highlight the potential to expand the shallow, high-grade resources* already identified at the New Polaris Project. We eagerly await the receipt of all assays and the opportunity to model this new mineralization.

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