Key facts
| Company | Canagold Resources Ltd. (TSX: CCM) |
|---|---|
| Commodity | Gold |
| Location | USA |
| Stage | Early exploration |
News releases39 on file
Canagold Successfully Produces Physical Antimony Metal Grading Over 99% Sb from New Polaris Concentrate
Refining test work at Core Metallurgy Pty Ltd. in Australia produced physical antimony metal grading greater than 99% Sb from concentrate generated at the New Polaris gold-antimony project in northwest British Columbia, using an alkaline sulphide leach followed by electrowinning, with 99.7% antimony leach extraction. The concentrate used assayed 59.1% Sb and 98.3 g/t Au from earlier locked-cycle f
CorporateCanagold Drills 30.46% Antimony (Sb) and 49.10 Gold (Au) over 1.21m; Within 13.2m Averaging 3.83% Sb and 19.38 Au at New Polaris
Drilling at the 100%-owned New Polaris Gold Project in northwestern British Columbia returned 3.83% Sb and 19.38 g/t Au over 13.20 m from 451.75 m in hole NP26-01, including 1.21 m at 30.46% Sb and 49.10 g/t Au. Hole NP26-02 returned 3.90% Sb and 14.97 g/t Au over 6.06 m, and NP26-03 returned 3.30% Sb and 15.08 g/t Au over 3.91 m. The 14-hole infill and expansion program totalled 7,277 m and is co
Drill resultsCanagold Successfully Completes Taku River Landing Craft Trials for the New Polaris Project
Landing craft trials on the Taku River were completed, confirming the river as a viable alternative freight corridor from Juneau, Alaska, to the Tulsequah River confluence near the proposed New Polaris Gold-Antimony Mine in northwestern British Columbia. The trials ran June 11 to June 19, 2026, using the Inlet Raider, a 98-foot-long by 23-foot-wide landing craft with an approximately four-foot dra
CorporateCanagold Submits Environmental Application for the New Polaris Project
An Environmental Assessment application for the New Polaris gold-antimony project has been filed with the BC Environmental Assessment Office, moving the project into the formal provincial review process ahead of a construction decision. The filing follows technical studies, environmental baseline work and engagement with Indigenous Nations, local communities and regulators. Canagold referenced fin
CorporateCanagold Accelerates Antimony Production Strategy with Additional Drilling and Technical Studies
A fully funded 2026 work program at the 100%-owned New Polaris project includes approximately 7,000 metres of diamond drilling from June through July 2026, targeting expansion of high-grade gold-antimony mineralization within and adjacent to the mine plan from the July 2025 feasibility study. Additional metallurgical test work and preliminary engineering studies will optimize the flotation and ref
Drill resultsCanagold Resources Ltd. Announces Closing of $9.2M Financing
A private placement closed for gross proceeds of $9,228,456.50, consisting of 9,396,570 common shares at $0.45 and 10,000,000 flow-through shares at $0.50. Flow-through proceeds will fund Canadian exploration expenses at the New Polaris project in British Columbia, with other proceeds for working capital, administrative and project development expenses. Insider Sun Valley Investments AG bought 5,0
FinancingCanagold Advances Active Collaboration with Taku River Tlingit First Nation on Proposed New Polaris Mine
Taku River Tlingit First Nation issued a public release on November 3, 2025 summarizing its position and collaboration with Canagold on permitting for the New Polaris Mine, located approximately 100 kilometres south of Atlin, B.C. within TRTFN traditional territory. TRTFN stated it is not opposed to mining or responsible economic development in its territory provided activity complies with TRTFN l
CorporateCanagold Appoints Vice President Permitting and Compliance
Collen Middleton has been appointed Vice President Permitting and Compliance at Canagold Resources Ltd. He is a Registered Professional Biologist with over 20 years of experience in environmental consulting and regulatory permitting across western Canada, covering metals and coal mining, major infrastructure and energy projects, and served four years on the Board of the Alberta Society of Professi
ManagementCanagold Announces Positive Antimony Concentrate Production Results for the New Polaris Project Grading 59.1 % Sb and 98.3 gpt. Au
Antimony flotation locked cycle testing at the 100%-owned New Polaris gold-antimony project in northwest British Columbia produced an Sb-Au concentrate assaying 59.1% Sb and 98.3 gpt Au, with 93.1% Sb recovery and 91.8% overall Au recovery in the combined Au and Sb-Au concentrates. Testing began in April 2025 at Blue Coast Research in Parksville, B.C. using a 110-kilogram composite from 47 drill c
CorporateCanagold Files Feasibility Study Report for the New Polaris Project
The NI 43-101 technical report for the feasibility study on the 100%-owned New Polaris gold-antimony project in northwest British Columbia has been filed on SEDAR+ and EDGAR, with highlights first released July 21, 2025. The study shows an after-tax NPV of $425 million and 30.9% IRR at a US$2,500 gold price, with 2.4-year payback, and $793 million NPV and 47.3% IRR at US$3,300. Pre-production capi
Study resultsCanagold Resources Ltd. Announces Closing of $4M Financing
A $4,000,000 private placement has closed, comprising 4,651,163 charity flow-through shares at $0.43 and 5,128,205 common shares at $0.39, for a total of 9,779,368 shares issued. Flow-through proceeds will fund Canadian and BC exploration expenditures at the New Polaris project, with the remaining $2,000,000 for working capital. Sun Valley Investments AG and affiliate Goldlogic Corp. participated,
FinancingCanagold Announces Positive Feasibility Study Results for the New Polaris Project
A feasibility study for the 100%-owned New Polaris gold-antimony project in northwest British Columbia shows an after-tax NPV (5%) of $425 million and IRR of 30.9% with 2.4-year payback at US$2,500/oz gold, rising to $793 million and 47.3% at US$3,300/oz. The 8.3-year underground operation would process about 2.8 Mt at 9.9 g/t gold for 805,589 recovered ounces, with pre-production capital of $250
Study resultsCanagold Resources Ltd. Announces Closing of $3.22M Charity Flow Through Financing
A charity flow-through financing has closed, with 9,200,000 flow-through common shares issued at $0.35 per share for gross proceeds of $3,220,000, to be spent on Canadian exploration expenses at the New Polaris project in British Columbia. Sun Valley Investments AG bought 3,680,000 shares and affiliate Goldlogic Corp. 920,000, lifting their combined holding to 48.25% of outstanding shares. No find
FinancingCanagold Receives Process Order to Proceed with Environmental Assessment Application for Permitting the New Polaris Project
The British Columbia Environmental Assessment Office has issued a process order allowing the New Polaris Project, located in the Traditional Territory of the Taku River Tlingit in northwestern British Columbia, to move into the Application Development and Review phase of its Environmental Assessment. Canagold will prepare and submit an application for an Environmental Assessment Certificate. The o
CorporateCanagold Identifies Significant Antimony Production Potential at New Polaris
Antimony mineralization has been identified alongside gold resources at the 100%-owned New Polaris Gold Project in northwestern British Columbia, 100 km south of Atlin. A 700 kg master composite metallurgical program run in 2022 at ALS Labs in Kamloops, using over 390 mineralized drill core intervals averaging 0.44% antimony, recovered 92% of the antimony into a bulk sulphide gold concentrate grad
CorporateCanagold Resources’ New Polaris Project Advances to Process Planning Phase Following Environmental Assessment Recommendation
The British Columbia Environmental Assessment Office has recommended that Canagold's New Polaris Project, in the Traditional Territory of the Taku River Tlingit in northwestern British Columbia, move from the Readiness Decision to the Process Planning Phase of the environmental assessment, with the support of the Taku River Tlingit First Nation. Following stakeholder feedback, the Company has drop
CorporateCanagold Completes Resource Expansion Drilling Program at New Polaris with Additional Strong Mineralization Intercepts
Assay results from two additional holes in the North Zone resource expansion program at the 100%-owned New Polaris gold project in northwestern British Columbia include 10.8 gpt gold over 4.3 m from 176.4 m and 10.4 gpt over 3.6 m from 166.8 m in hole NP24-34, and 14.1 gpt over 1.1 m from 202.7 m plus 10.4 gpt over 1.2 m from 252.3 m in NP24-33A. The program is complete at 10,300 metres in 34 hole
Drill resultsCanagold Continues to Intercept Strong Mineralization in Resource Expansion Drilling Program at New Polaris
Assay results from 26 additional drill holes in the North Zone resource expansion program at the 100%-owned New Polaris gold project in northwestern British Columbia included 20.2 gpt gold over 4.4 m from 121.6 m in hole NP24-09, 18.3 gpt over 4.5 m from 69.8 m in NP24-28, 14.9 gpt over 2.1 m from 106.7 m in NP24-11 and 9.4 gpt over 9.8 m from 153.0 m in NP24-09. The program is complete, with 10,3
Drill resultsCanagold Intercepts Strong Mineralization in First Five Resource Expansion Drill Holes at New Polaris
Assay results from the first five holes of the resource expansion program targeting the North Zone at the 100%-owned New Polaris gold project in northwestern British Columbia include 14.5 gpt gold over 3.8 m from 108.8 m and 12.9 gpt over 3.8 m from 206.5 m in hole NP24-01, 10.6 gpt over 5.0 m in NP24-02, 13.2 gpt over 2.6 m in NP24-04, and 12.3 gpt over 3.6 m plus 12.9 gpt over 4.6 m in NP24-05.
Drill resultsCanagold Initiates Resource Expansion Drilling at New Polaris Project
Drill crews have mobilized to the New Polaris gold project in northern British Columbia to restart drilling, with a 2024 program of 12,000 metres targeting high-grade mineralization adjacent to historic workings in the upper part of the deposit. Modeling of 36 historic drill holes identified a zone with potential for expansion to the north, with historical intercepts including 26.2 gpt gold over 4
Drill resultsCanagold Resources Ltd. Announces Closing of $4.1M Charity Flow Through Financing
A charity flow-through financing with Sun Valley Investments AG has closed, with 15,700,000 flow-through common shares issued at $0.2625 each for gross proceeds of $4,121,500, to fund exploration at the New Polaris project in British Columbia. No finder fees were paid, and the shares are subject to a hold period expiring July 29, 2024. Sun Valley's holding rose from 63,338,133 shares (43.28%) to 8
FinancingCanagold Announces Groundbreaking Collaboration Agreement with Taku River Tlingit First Nation at New Polaris Project
A collaborative engagement agreement has been signed with the Taku River Tlingit First Nation covering Canagold's 100%-owned New Polaris gold project, located about 100 kilometres south of Atlin, B.C., within TRTFN traditional territory. The agreement provides a framework for information-sharing, permitting processes, environmental protection and monitoring, and benefit-sharing, and a platform for
CorporateCanagold Files Initial Project Description and Begins Environmental Assessment and Permitting Process for Flagship New Polaris Project
An Initial Project Description and Engagement Plan for the New Polaris Project in northwest British Columbia has been submitted to the B.C. Environmental Assessment Office, formally starting the Early Engagement phase of the provincial assessment process. The IPD describes Canagold's plans to develop, operate and eventually decommission the gold project, which is located on the traditional territo
CorporateCanagold Confirms Near Surface High-Grade Gold, Including 53.8 gpt Au over 2.78 m and 18.0 gpt Au over 5.64 m in Y-Vein System at New Polaris
Assay results from 21 drill holes at the New Polaris project in northwestern British Columbia included 53.8 gpt Au over 2.78 m (2.03 m true width) from 63.92 m in hole P22Y10, 18.0 gpt Au over 5.64 m from 120.08 m in P22Y15W1, and 9.64 gpt Au over 7.14 m in P22Y09, from the Y19 and Y20 veins over a 300 m strike length. The program totalled 8,940 m in 28 holes, completed end-November 2022. Entry in
Drill resultsCanagold Announces Agreement with Taku River Tlingit First Nation for Flagship New Polaris Project
An agreement, Hà Khustìyxh/"Our Way," has been signed with the Taku River Tlingit First Nation covering development of Canagold's 100%-owned New Polaris gold project, located about 100 kilometres south of Atlin, B.C., within TRTFN traditional territory. The accord sets a framework for information-sharing, permitting, environmental protection and monitoring, and benefit sharing, and lays the founda
CorporateCanagold Announces Launch Of Guaranteed Rights Offering
A guaranteed rights offering will raise gross proceeds of $7,985,215 through 91,259,596 rights issued to shareholders of record on November 10, 2022, on a one-right-per-share basis, with every two rights exercisable for one share at $0.175, a 25% discount to the 5-day VWAP of $0.232804. Sun Valley Investments AG, holding 23.55%, will backstop unsubscribed shares and could reach 49.03%. Proceeds wi
FinancingCanagold Drills 22.1 Grams per Tonne Gold over 4.3 Metres in Y-Vein System at New Polaris
Assay results from the first four of 20 drill holes in an 8,000-metre program targeting the Y-vein system at the New Polaris project in northwestern British Columbia included 22.1 gpt gold over 4.3 m (1.8 m true width) from 225.7 m in hole P22Y04, 22.9 gpt over 3.0 m in P22Y03, and 9.39 gpt over 7.3 m in P22Y03. Over 5,400 metres of the program is complete. The infill holes aim to upgrade inferred
Drill resultsCanagold Announces Results of Special General Meeting of Shareholders, Closing of $1.5M in Charity Flow Through Financing
Disinterested shareholders approved the creation of a new control person at the October 17, 2022 Special General Meeting, with 16,948,367 shares (97.47%) voted in favour, allowing Sun Valley Investments AG to hold more than 20% of Canagold's shares. The company also closed a $1.5 million charity flow-through private placement with Sun Valley, issuing 4,700,000 shares at $0.32 for gross proceeds of
CorporateCanagold Retains Ausenco Engineering to Complete Feasibility Study on New Polaris Project
Ausenco Engineering Canada Inc. has been retained to complete a feasibility study on the 100%-owned New Polaris gold project in northwestern B.C., with the study expected to conclude in approximately 18 months. Work includes a resource model update incorporating over 30,000 metres of additional drilling from 54 holes completed in 2021 and 2022, mine reserve and underground mine plan development, s
Study resultsCanagold Resources Announces Additional Financing Plans
Additional financing plans are under consideration to fund the upcoming feasibility study, permitting and drilling at the New Polaris project in British Columbia. Options being evaluated include a private placement, a rights offering and additional flow-through financing, to be undertaken after the conclusion of the $1.5M Charity FT financing announced on September 1, 2022. Sun Valley, or an affil
FinancingCanagold Resources Tenders Proposals for New Polaris Feasibility Study
A request for tender has been issued to seven qualified consulting engineering firms to complete a feasibility study on the 100%-owned New Polaris gold project in northwestern British Columbia, with completion expected to take approximately 18 months. The study will incorporate an updated mineral resource estimate using more than 30,000 metres of drilling in 54 holes completed in 2021-2022. The 20
Study resultsCanagold Mobilizes Drill Crews and Restarts Resource Expansion Drilling at the New Polaris Project
Drill crews have mobilized to restart drilling at the New Polaris gold project in northern British Columbia, with 8,000 metres planned for 2022, primarily targeting the shallower high-grade Y-vein system north of the C-West Main vein. Previous intercepts in the area included 30.6 gpt gold over 3.2 m, 13.0 gpt over 6.8 m and 22.7 gpt over 8.0 m. The program aims to upgrade Y-vein resources from Inf
Drill resultsCanagold Summarizes Results of 30,000 m Infill Drill Program at New Polaris Project, BC, Highlights Include 13.6 gpt Over 25.1 m
Results from a 30,000 m, 54-hole infill drill program at the 100%-owned New Polaris gold project in northwestern British Columbia included 13.6 gpt gold over 25.1 m in hole 21-1800E3, 34.4 gpt over 6.6 m, and 15.8 gpt over 13.0 m from the C-West Main vein, plus 15 intercepts on the new C-9 and C-10 veins. Step-out holes traced C-West Main to at least 1,000 m depth. An updated interim resource esti
Drill resultsCanagold Drilling Reports Two Highest Grade Drill Results of 54 Hole Program Including 13.6 gpt Gold over 25.1 m Length and 34.4 gpt over 6.6 m Length at New Polaris Project, BC
Final assay results from the 54-hole, 30,000 m infill drill program at the 100%-owned New Polaris gold project in northwestern British Columbia included 13.6 gpt gold over 25.1 m from 362.1 m in hole 21-1800E3, with 37.2 gpt over 5.0 m and 17.0 gpt over 9.0 m sub-intervals, and 34.4 gpt gold over 6.6 m from 362.7 m in hole 21-1700E3, including 646 gpt over 0.3 m. Drilling finished in February 2022
Drill resultsCanagold Drilling Intersects New Vein Grading 7.54 gpt Gold over 18.6 m Length at New Polaris Project, BC, Additional High-Grade Mineralization Outlined in C-West Main Vein
Assay results from seven additional drill holes at the 100%-owned New Polaris project in northwestern British Columbia included a new vein below the current 600 m resource depth, returning 7.54 gpt gold over 18.6 m from 679.8 m in hole 22-1844E2W1A and 12.3 gpt gold over 2.3 m from 578.5 m in hole 22-1844E2. Hole 22-1844E2W2A cut 5.27 gpt over 22.6 m in the C-10 vein and 16.0 gpt over 6.1 m in the
Drill resultsCanagold Continues to Intersect High-Grade Gold Mineralization in C-West Main Vein Including 42.5 gpt Au over 2 m at New Polaris Project, BC
Drilling at the 100%-owned New Polaris gold project in northwestern British Columbia returned 42.5 gpt gold over 2.0 m from 466.1 m in hole 22-1665E1, including 69.7 gpt over 0.8 m, plus 19.3 gpt over 4.3 m in hole 21-1675E1A, 10.4 gpt over 5.8 m, 10.5 gpt over 4.9 m, 12.9 gpt over 3.6 m and 9.43 gpt over 1.7 m. All 47 holes of the 24,000 m infill program were completed by end-2021, with assays re
Drill resultsCanagold Announces Additional High-Grade Gold Drill Intercepts from the C-10 and the C-West Main Veins at New Polaris Project, BC
Assay results from five more drill holes at the 100%-owned New Polaris gold project in northwestern British Columbia included 14.2 gpt gold over 2.9 m from 426.8 m and 5.99 gpt over 2.1 m from 633.6 m in hole 21-1875E3W1, 4.10 gpt over 12.5 m from 549.3 m in 21-1844E4, and 8.10 gpt over 1.5 m plus 8.37 gpt over 2.8 m in 21-1935E1. The intercepts expanded the interpreted C-10 vein model by 500%; fo
Drill resultsCanagold Drilling Intersects Deep Extension of C-West Main Vein, and Discovers New High-Grade Parallel C-Vein at New Polaris Project, BC
Drilling at the 100%-owned New Polaris project in northwestern British Columbia intersected a deep extension of the C-West Main vein and a previously undrilled parallel C-vein. Results include 17.6 gpt gold over 1.5 m from 379.1 m and 4.00 gpt over 3.1 m from 1,018.9 m in hole 21-2025E1; 13.9 gpt over 4.2 m from 333.1 m and 9.26 gpt over 3.6 m in 21-2025E1W1; and 6.04 gpt over 1.8 m from 767.7 m i
Drill resultsCanagold Continues to Intersect High-Grade Gold Mineralization in C-West Main Vein at New Polaris Project, BC
Six additional drill holes from the C-West Main vein system at the 100%-owned New Polaris gold project in northwestern British Columbia returned intercepts including 19.5 gpt gold over 3.7 m from 427.3 m in hole 21-1615E1A, 21.1 gpt over 2.2 m in 21-1700E2A, 22.8 gpt over 1.7 m in 21-1760E1, and 12.2 gpt over 1.8 m in 21-1635E1. All 47 holes of the 24,000 m infill program were completed by end-202
Drill results