Canadian Gold Resources (CDNGF) Stock News

Canadian Gold Resources (TSXV: CAN) has engaged Geophysique TMC to conduct an induced polarization (IP) survey at its wholly-owned Lac Arsenault Property in Quebec's Gaspé region. The survey aims to better understand the structures controlling three key mineralized zones: the Baker Vein, Mersereau Vein, and Type-4 Vein.

Recent surface sampling has yielded significant results, with grades of 28.9 g/t gold and 306 g/t silver from the Baker and Mersereau veins. The company plans to integrate the IP survey data with existing exploration datasets, including airborne magnetic survey results that have identified major fault structures. This comprehensive approach will help identify high-priority targets for the upcoming maiden diamond drill program.

Canadian Gold Resources (TSXV: CAN) has submitted permit applications for a maiden diamond drilling program at its 100%-owned Lac Arsenault Property in Québec. The program includes 36 drill holes totaling 2,345 metres aimed at validating historical high-grade results and establishing an NI 43-101 compliant resource.

Historical work (1975-1996) indicated non-compliant resources ranging from 40,000 tonnes at 15.43 g/t Au and 197 g/t Ag to 200,000 tonnes averaging 9.59 g/t Au. The company's previously announced 5,000-tonne bulk sampling program is temporarily paused pending additional First Nations consultation, with a key meeting scheduled for September 11, 2025.

Additionally, Ken Booth has resigned from the Board of Directors, effective immediately.

Canadian Gold Resources (TSXV: CAN) has secured permits from Quebec's government for a bulk sampling program at its 100%-owned Lac Arsenault Gold Project. The program aims to test 5,000-10,000 tonnes of mineralized materials from the Baker and Mersereau veins.

The company must install three shallow water monitoring wells near the sampling area as a permit condition. Historical estimates from the 1970s indicated 40,000 tonnes grading 15.43 g/t gold and 197 g/t silver, while a 1996 report suggested 199,580 tonnes at 9.59 g/t gold (approximately 61,536 contained ounces). However, these estimates don't comply with current CIM standards and require validation.

The company emphasizes this is an exploration-only initiative, not a production decision, and no economic analysis or feasibility study has been completed.

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 has completed key site preparation activities at its Lac Arsenault Gold Project in Quebec's Gaspé region. The company conducted surface washing of outcrop exposures at the Mersereau and Baker Veins to optimize their upcoming bulk sample program. During these preparations, the geological team discovered a new vein structure approximately 500 meters northwest of the Baker Vein, showing similar quartz-carbonate veining and sulphides characteristics. The new structure runs subparallel to the Baker Vein, and samples have been collected for geochemical analysis. The recent work has enhanced surface visibility and exposed fresh mineralized rock, helping to better define bulk sampling zones.

Canadian Gold Resources (TSXV: CAN) has filed for TSX Venture Exchange acceptance of a completed investor relations contract with consultant Fidel Thomas. The contract, which ran from December 1, 2024, to February 28, 2025, involved a total compensation of $9,450 ($3,150 monthly). The consultant's services included shareholder communication, coordinating meetings with investment professionals, capital sourcing assistance, and marketing support. The company chose not to extend the contract beyond its initial 3-month term. This filing follows an Exchange review of the company's flow-through private placement from December 2024.

Canadian Gold Resources (TSXV: CAN) has completed the bulk sample extraction schematics and procedures for its Lac Arsenault Gold Project in Quebec. The program targets two key areas: the Mersereau Vein and Baker Vein. The bulk sampling aims to verify grade continuity, evaluate metallurgical recoveries, and gather technical and economic data for future development. The extracted material will be processed at an off-site toll milling facility, with gold recovery proceeds supporting exploration, growth initiatives, and potential shareholder dividends. The company awaits necessary approvals from Quebec's government. Additionally, Canadian Gold has engaged 1000903966 Ontario Inc. for a one-year marketing contract worth CAD$37,500 per quarter, focusing on social media engagement across platforms like X, Facebook, YouTube, and Reddit.