Canagold Resources Ltd. reports developments tied to its advanced mineral-development business and its 100%-owned New Polaris gold-antimony project in northwest British Columbia. Company news commonly covers feasibility and technical reporting, environmental assessment and permitting activity, metallurgical work on antimony recovery, project development planning, and engagement with Indigenous Nations and local communities.
Updates also include capital actions such as common-share and flow-through share financings, use of proceeds for exploration and project development, insider participation in offerings, and management additions related to permitting and compliance. The recurring news profile centers on New Polaris as a gold-antimony asset moving through feasibility, permitting, and development-stage work.
Canagold Resources (CRCUF) reported gold and antimony assay results from three additional drill holes at its wholly owned New Polaris project.
Hole NP26-08 returned 52.8 grams per tonne (g/t) gold and 0.83% antimony over 4.64 metres, including 69.8 g/t gold and 0.13% antimony over 2.64 metres, plus 30.4 g/t gold and 1.75% antimony over 2.00 metres. NP26-07 returned 24.6 g/t gold over 7.33 metres, including 70.4 g/t over 1.18 metres, and a separate 8.04 g/t gold interval over 10.00 metres. NP26-09 returned 6.50 g/t gold over 6.92 metres.
The completed British Columbia drilling program covered 7,277 metres in 14 holes, targeting resource definition and expansion. Intervals are core lengths, not established true widths. Canagold said most high-grade intervals are outside the current resource model or mine plan and indicate potential for resource expansion.
Canagold Resources (CRCUF) successfully produced physical antimony metal grading greater than 99% Sb from its New Polaris gold-antimony project concentrate. Refining tests at Core Metallurgy's Australian laboratory used alkaline sulphide leaching followed by electrowinning, which recovers metal from solution using electricity. Antimony extraction reached 99.7% in the leach stage; this is not a reported overall metal recovery rate. Earlier flotation tests generated concentrate containing 59.1% antimony and 98.3 grams of gold per tonne.
Canagold sees refined metal as a potential alternative to concentrate sales to third-party smelters, with opportunities to retain more value and supply end users directly. Further testing and technical evaluations are planned to support engineering and feasibility-level studies. Transportation, refining options, potential purchase agreements and facility requirements remain under study before the commercial plan is finalized.
Canagold Resources (CRCUF) reported assays from five drill holes targeting antimony mineralization at its wholly owned New Polaris Gold Project.
Hole NP26-01 returned 3.83% antimony and 19.38 grams per tonne gold over 13.20 metres, including 1.21 metres grading 30.46% antimony and 49.10 grams per tonne gold. NP26-02 returned 3.90% antimony and 14.97 grams per tonne gold over 6.06 metres; NP26-03 returned 3.30% antimony and 15.08 grams per tonne gold over 3.91 metres. The completed program drilled 7,277 metres in 14 holes and intersected multiple mineralized zones. Canagold sees potential to expand antimony and gold resources and for antimony to contribute to the project's economics.
Canagold Resources (CRCUF) closed a private placement financing on September 18, 2026, raising total gross proceeds of $7.1 million.
The Offering comprised 5,319,149 common shares at $0.47 per share and 8,846,154 flow-through shares at $0.52 per share. Net proceeds from common shares will fund working capital, administrative and project development expenses, while flow-through proceeds will be used for eligible Canadian exploration expenditures at the New Polaris project. The Toronto Stock Exchange granted conditional approval on September 8, 2026, and final approval is pending.
Sun Valley Investments AG acquired 6,413,462 flow-through shares and 3,856,383 common shares, increasing its beneficial ownership from 48.25% to 49.75% of Canagold’s outstanding common shares. No finder’s fees were paid, and all issued shares are subject to a hold period expiring January 19, 2027.
Canagold Resources (CRCUF) reports that its 100%-owned New Polaris Gold-Antimony Project in northwestern British Columbia has been included in the Canada Investment Summit Prospectus as a project of strategic importance and investment potential.
New Polaris is a feasibility-stage gold-antimony project with a Feasibility Study completed in 2025. Canagold submitted an Environmental Assessment Application in April 2026, and the project has been designated a Priority Project by the Province of British Columbia.
Canagold Resources (OTCQB: CRCUF) announced the planned retirement of Chris Pharness, Senior Vice President, Sustainability and Permitting, and the promotion of Collen Middleton to Senior Vice President, Permitting and Compliance, effective September 1, 2026. According to Canagold, Pharness played a key leadership role in advancing the New Polaris Gold-Antimony Project through its Environmental Assessment and permitting process. Middleton, who joined in October 2025, brings over 20 years of environmental consulting and regulatory permitting experience in western Canada and will lead permitting and compliance as New Polaris advances through its Environmental Assessment and permitting, after submission of the Environmental Assessment Application in April 2026.
Canagold (OTCQB: CRCUF) announced the successful completion of shallow-draft landing craft trials on the Taku River, using the 98-foot by 23-foot, self-propelled Inlet Raider (approx. four-foot draft, 100-ton cargo capacity) to transport freight from Juneau, Alaska, to the Tulsequah River confluence near the proposed New Polaris Gold-Antimony Mine in northwestern British Columbia.
The June 11–19, 2026 program involved multiple trips guided by a sonar-equipped lead boat, plus a monitoring vessel carrying independent environmental consultants and Taku River Tlingit First Nation monitors. According to Canagold, preliminary observations indicate no significant negative effects on water quality, noise, or shoreline wake. Detailed environmental and navigational data, including bathymetry, tidal water depths, noise levels, wake heights, water quality, and drone video, will support future project planning, environmental assessment, and evaluation of the landing craft as a long-term logistics option for the New Polaris Project.
Canagold Resources (OTCQB: CRCUF, TSX: CCM) reported voting results from its June 12, 2026 annual general meeting.
All director nominees were elected, each receiving at least 99.82% of votes cast. Shareholders also approved the reappointment of Davidson & Company LLP as auditor and supported a non-binding advisory resolution on executive compensation.
Canagold (OTCQB: CRCUF) announced that the New Polaris Gold-Antimony Project was added to British Columbia's priority major projects list on April 29, 2026. The designation links New Polaris to provincial measures for streamlined permitting, enhanced coordination, and inclusion among 17 newly listed priority projects.
The Province links priority projects to a broader plan targeting about $88 billion in major project investments and up to $200 billion in private-sector investment by 2035 to support jobs, trade diversification, and critical minerals development.
Canagold (OTCQB: CRCUF) filed an Environmental Assessment application with the BC Environmental Assessment Office on April 1, 2026 for the New Polaris gold‑antimony project. The filing follows extensive technical studies, baseline work and stakeholder engagement and advances the project into the formal provincial review toward a construction decision.
Feasibility highlights: after‑tax NPV(5%) C$793M, IRR 47.3%, payback 1.7 years, free cash flow C$1,145M (US$3,300/oz gold).