Canadian Gold Resources Uncovers High-Grade Gold-Silver Mineralization in Surface Sampling at Lac Arsenault Four Best Samples Return Grades up to 28.9 g/t Gold and 452 g/t Silver
Canadian Gold Resources (TSXV: CAN) has reported promising surface sampling results from its Lac Arsenault Property in Québec's Gaspé Peninsula. The June 2025 exploration program revealed significant high-grade gold and silver mineralization, with top samples yielding up to 28.9 g/t gold and 452 g/t silver.
The sampling focused on the Baker and Mersereau veins, with four notable samples showing exceptional grades, including high lead content up to 25.7%. Importantly, the company discovered new mineralization in previously overlooked Type-4 veins, expanding the property's potential. The company is now advancing toward a bulk sampling program, with permitting currently underway.
Canadian Gold Resources (TSXV: CAN) ha riportato risultati promettenti dalle analisi superficiali effettuate sulla sua proprietà Lac Arsenault nella penisola di Gaspé, Québec. Il programma di esplorazione di giugno 2025 ha evidenziato una mineralizzazione significativa di oro e argento ad alto tenore, con campioni di punta che hanno raggiunto fino a 28,9 g/t di oro e 452 g/t di argento.
Le analisi si sono concentrate sulle vene Baker e Mersereau, con quattro campioni degni di nota che mostrano valori eccezionali, inclusa un'elevata presenza di piombo fino al 25,7%. Importante è stata la scoperta di nuova mineralizzazione nelle vene di Tipo 4, precedentemente trascurate, ampliando il potenziale della proprietà. L'azienda sta ora procedendo verso un programma di campionamento bulk, con le autorizzazioni attualmente in fase di ottenimento.
Canadian Gold Resources (TSXV: CAN) ha informado resultados prometedores de muestreos superficiales en su propiedad Lac Arsenault, ubicada en la península de Gaspé, Québec. El programa de exploración de junio de 2025 reveló una mineralización significativa de oro y plata de alta ley, con muestras destacadas que alcanzaron hasta 28,9 g/t de oro y 452 g/t de plata.
El muestreo se centró en las vetas Baker y Mersereau, con cuatro muestras notables que mostraron grados excepcionales, incluyendo un alto contenido de plomo de hasta el 25,7%. De manera importante, la compañía descubrió nueva mineralización en vetas Tipo 4 previamente pasadas por alto, ampliando el potencial del yacimiento. La empresa avanza ahora hacia un programa de muestreo a granel, con los permisos actualmente en trámite.
Canadian Gold Resources (TSXV: CAN)는 퀘벡 가스페 반도의 Lac Arsenault 광산 부지에서 유망한 지표 샘플링 결과를 보고했습니다. 2025년 6월 탐사 프로그램에서는 고등급 금 및 은 광화가 확인되었으며, 최고 샘플은 금 28.9 g/t, 은 452 g/t에 달했습니다.
샘플링은 Baker 및 Mersereau 광맥에 집중되었으며, 네 개의 주목할 만한 샘플에서 납 함량이 최대 25.7%에 이르는 뛰어난 성분이 나타났습니다. 특히, 회사는 이전에 간과되었던 Type-4 광맥에서 새로운 광화대를 발견하여 부지의 잠재력을 확장했습니다. 현재 회사는 대량 샘플링 프로그램으로 나아가고 있으며, 허가 절차가 진행 중입니다.
Canadian Gold Resources (TSXV: CAN) a annoncé des résultats prometteurs d'échantillonnages de surface sur sa propriété Lac Arsenault, située dans la péninsule de Gaspé au Québec. Le programme d'exploration de juin 2025 a révélé une minéralisation significative en or et argent à haute teneur, avec des échantillons de pointe atteignant jusqu'à 28,9 g/t d'or et 452 g/t d'argent.
Les échantillonnages se sont concentrés sur les veines Baker et Mersereau, avec quatre échantillons notables présentant des teneurs exceptionnelles, incluant un taux élevé de plomb allant jusqu'à 25,7%. Fait important, la société a découvert une nouvelle minéralisation dans des veines de Type 4 auparavant négligées, élargissant ainsi le potentiel de la propriété. La société progresse désormais vers un programme d'échantillonnage en vrac, les autorisations étant en cours d'obtention.
Canadian Gold Resources (TSXV: CAN) hat vielversprechende Ergebnisse von Oberflächenproben auf seinem Lac Arsenault-Gelände auf der Gaspé-Halbinsel in Québec gemeldet. Das Explorationsprogramm im Juni 2025 zeigte eine signifikante hochgradige Gold- und Silbermineralisierung, wobei Spitzenproben bis zu 28,9 g/t Gold und 452 g/t Silber ergaben.
Die Probenahme konzentrierte sich auf die Baker- und Mersereau-Adern, wobei vier bemerkenswerte Proben außergewöhnliche Gehalte zeigten, darunter einen hohen Bleigehalt von bis zu 25,7%. Wichtig ist, dass das Unternehmen neue Mineralisierung in zuvor übersehenen Typ-4-Adern entdeckte, was das Potenzial des Grundstücks erweitert. Das Unternehmen arbeitet nun auf ein Bulk-Sampling-Programm hin, für das derzeit Genehmigungen eingeholt werden.
- High-grade surface samples with up to 28.9 g/t gold and 452 g/t silver
- Discovery of new mineralization zones in previously overlooked areas
- 100% ownership of the Lac Arsenault Property
- Advancement towards bulk sampling program
- Surface grab samples are inherently selective and may not represent overall mineralization
- Bulk sampling permits still pending
Dieppe, New Brunswick--(Newsfile Corp. - July 9, 2025) - Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to report exciting new surface sampling results from its
High-grade assay results continue to validate Lac Arsenault's strong potential to host a precious metals system, while also identifying new zones of mineralization in previously overlooked areas.
Sampling Highlights
- Sample BVA2025-004: 28.9 g/t gold, 306 g/t silver
- Sample BVA2025-006: 22.9 g/t gold, 399 g/t silver,
17.8% lead - Sample Mersereau (unnumbered): 25.5 g/t gold, 447 g/t silver,
18.4% lead - Sample BVA2025-008: 5.32 g/t gold, 452 g/t silver,
25.7% lead
These grades are significant for surface sampling and support the near-surface potential for bulk-tonnage extraction.
Figure 1: Samples Maps at Baker Vein and Mersereau Vein
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11663/258245_6cc8655034fdbb8c_002full.jpg
Exploration Program Summary
The June 2025 program included mechanical trenching and sampling along the Baker and Mersereau veins. In addition to confirming historical data, new assays revealed broader zones of high-grade gold, silver, and lead mineralization than previously recognized.
Importantly, three samples from Type-4 veins-historically considered "poor in metals"-returned mineralization of economic interest. For example, Sample BV2025-002 returned:
- 1.29 g/t gold
- 39.0 g/t silver
1.04% zinc
"We consider these sample results to be significant." said Mark Smethurst, P.Geo., VP Exploration for Canadian Gold Resources. "Not only have we confirmed high-grade gold and silver in our primary structures, but we're now seeing mineralization in areas that had be previously written off by prior operators. This discovery opens new potential across the property and puts us in a strong position as we advance toward bulk sampling."
Next Steps
Permitting for the bulk sample program is underway. Additional surface work and modeling will continue in parallel to expand the understanding of mineralization throughout the vein system.
QAQC
All technical information in this release has been reviewed and approved by Mark Smethurst, P.Geo., a Director of Canadian Gold Resources who is a Qualified Person as defined under National Instrument 43-101.
The above-mentioned surface grab samples were collected from mineralized quartz veins exposed on surface. Investors are cautioned that grab samples are inherently selective and serve to prove the presence of mineralization only. Grab sample were put into sample bags, marked and sealed on-site at the sample location. The samples were then transported in secured bags directly from the sample location sites to Actlabs, Hamilton. All are ISO/IEC 17025 accredited labs. Analysis for precious metals were completed by Fire Assay. Certified standards and blanks are inserted at a rate of two standards and a blank per 10 samples, duplicates are also completed.
For further information, please contact:
Ronald J. Goguen
President & CEO, Director
Canadian Gold Resources Ltd.
investors@cdngold.ca
+1 (506) 857-4090
About Canadian Gold Resources Inc.
Canadian Gold Resources Inc. is a Canadian-based junior exploration company focused on advancing high-grade gold and silver assets in mining-friendly jurisdictions. The Company's flagship Lac Arsenault Project in Quebec hosts multiple gold-bearing epithermal vein systems and offers significant expansion potential through near-surface exploration and development.
For further information, please contact:
Ron Goguen - CEO/President
Email: investors@cdngold.com
Website: www.cdngold.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258245
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