Key facts
| Company | Canagold Resources Ltd. (TSX: CCM) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | PEA |
Mineral resource estimates
4 reported estimates, newest first. Categories are as disclosed by Canagold Resources Ltd.; inferred material carries the lowest confidence and cannot support a reserve.
| Category | Tonnes | Au g/t | Au oz | Effective |
|---|---|---|---|---|
| IndicatedNI 43-101 | 3.0 Mt | 11.6 g/t | 1.11 Moz | Apr 20, 2023 |
| InferredNI 43-101 | 926 kt | 8.93 g/t | 266 koz | Apr 20, 2023 |
| IndicatedNI 43-101 | 1.7 Mt | 10.8 g/t | 586 koz | Feb 28, 2019 |
| InferredNI 43-101 | 1.5 Mt | 10.2 g/t | 485 koz | Feb 28, 2019 |
How the categories differ: Inferred vs Indicated vs Measured. Compare reports over time with the Resource Growth Tracker.
Economic studies
Preliminary economic assessment
Feb 28, 2019- NPV (5%)
- US$280M
- IRR
- 38%
- Payback
- 2.7 years
- Initial capex
- US$144M
- AISC
- US$510/oz
- Mine life
- 8.7 years
- Annual production
- 80,000 oz
- Gold price assumed
- US$1,300/oz
Figures as extracted from each study, in US dollars as the studies report them. Open the report before relying on one.
News releases6 on file
Canagold’s New Polaris Gold-Antimony Project Included in Canada Investment Summit Prospectus
The 100%-owned New Polaris Gold-Antimony Project in northwestern British Columbia has been included in the Canada Investment Summit Prospectus, a list of Canadian projects presented to investors at the Summit being held in Toronto on September 14 and 15, 2026. The Summit is hosted by Prime Minister Mark Carney in partnership with CPP Investments and PSP Investments, with the objective of attractin
CorporateNew Polaris Gold-Antimony Project Recognized as a Priority Project by British Columbia
The New Polaris Gold-Antimony Project in British Columbia has been added to the provincial government's list of priority major projects, as set out in the Province's Look West economic update published April 29, 2026. New Polaris is one of 17 new projects added to the list, which provides enhanced coordination across government agencies, streamlined permitting and increased regulatory certainty. T
CorporateCanagold's New Polaris Gold-Antimony Project Added to Canada’s Critical Metals Advanced Projects Map
The 100%-owned New Polaris gold-antimony project has been added to the Canadian government's advanced gold-antimony projects map. Canagold plans a fully funded 7,000-metre diamond drilling program beginning in June 2026, targeting expansion of high-grade gold–antimony mineralization within and adjacent to the current mine plan from the July 2025 feasibility study.
CorporateCanagold Announces Antimony Mineral Resource Estimate for New Polaris Gold Project
An antimony mineral resource estimate for the New Polaris Gold Project in British Columbia quantifies 5,630 tonnes of antimony metal within the base case indicated gold resource and 1,195 tonnes within the base case inferred gold resource, reported as a subset of the total resource at the 4 gpt Au cutoff. The estimate was prepared by Sue Bird of Moose Mountain Technical Services. Further antimony
Resource updateCanagold, Taku River Tlingit First Nation to Host Open House for Proposed Permitting of New Polaris Gold Project
An in-person open house for Taku River Tlingit First Nation citizens will be held Wednesday May 24, 2023 at the Atlin Community Centre, 217 Sinclair Ave, Atlin, B.C., from 9:00am to 1:00pm and 4:00pm to 8:00pm, with online presentations at 11:00am and 6:00pm, hosted by Canagold and TRTFN representatives to discuss the New Polaris gold project. Canagold filed the Initial Project Description and Eng
CorporateCanagold Increases Indicated Gold Resource by 89% in Updated Mineral Resource Estimate for New Polaris Gold Project, BC
An updated mineral resource estimate for the New Polaris gold project, 100 km south of Atlin, BC, with an effective date of April 20, 2023, reports 2.97 Mt at 11.6 gpt Au for 1.11 Moz indicated and 0.93 Mt at 8.93 gpt Au for 0.27 Moz inferred at a 4 gpt cutoff. Indicated contained gold rose 89% versus the 2019 PEA following 40,000 m of infill drilling. The estimate will feed the feasibility study,
Resource update