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 (OTCQB: CRCUF) announced its 100%-owned New Polaris gold-antimony project was added to Canada’s advanced gold-antimony projects map on March 16, 2026. The company plans a fully funded 7,000-metre diamond drill program beginning June 2026 to expand high‑grade mineralization near a July 2025 feasibility study mine plan.
Canagold said potential integration of antimony production could enhance the project’s strategic value amid rising demand for critical minerals; further updates will follow as 2026 work progresses.
Canagold (OTCQB: CRCUF) announced a fully funded 2026 program at its 100%‑owned New Polaris project to expand gold‑antimony resources and assess antimony production economics.
The plan includes ~7,000 metres of diamond drilling starting June–July 2026, metallurgical test work, and preliminary engineering to quantify incremental antimony revenue.
Qualified Person: Garry Biles, P.Eng.
Canagold Resources (OTCQB: CRCU) closed a private placement raising $9,228,456.50 via 9,396,570 common shares at $0.45 and 10,000,000 flow-through shares at $0.50.
Net proceeds will fund working capital, administrative and project development; FT proceeds will fund Canadian exploration expenses at the New Polaris project. Sun Valley increased its stake to 103,226,102 shares (48.25%). TSX gave conditional approval; final approval is pending. Shares are subject to a four-month-and-one-day hold expiring June 14, 2026.
Canagold Resources (OTCQB: CRCUF) announced an advance in active collaboration with Taku River Tlingit First Nation on permitting for the proposed New Polaris Mine on November 4, 2025.
The project is located about 100 kilometres south of Atlin, B.C. TRTFN said it is not opposed to responsible mining but requires activities to comply with TRTFN laws (including the TRTFN Constitution Act, 1993 and TRTFN Mining Policy) and to respect TRTFN's constitutionally protected Aboriginal Title and Rights. TRTFN also noted ongoing engagement since 2023 and said both parties are working on environmental assessment and stewardship, with further updates to follow as the project advances.
Canagold Resources (TSX: CCM | OTCQB: CRCUF) announced on October 15, 2025 the appointment of Collen Middleton as Vice President Permitting and Compliance.
Middleton is a Registered Professional Biologist with over 20 years of environmental consulting and regulatory permitting experience across western Canada, covering metals and coal mining, major infrastructure and energy projects. He will join and support Chris Pharness, Senior Vice President of Sustainability and Permitting, to strengthen permitting capacity for the New Polaris permitting process and stakeholder engagement.
Canagold Resources (OTCQB: CRCUF) has announced positive antimony flotation test results from its New Polaris gold-antimony project in British Columbia. The tests produced a high-quality concentrate grading 59.1% Sb and 98.3 gpt Au, with impressive recovery rates of 93.1% for antimony and 91.8% for gold in combined concentrates.
While the project's July 2025 Feasibility Study demonstrated strong economics with low Capex and AISC, it did not include potential antimony revenue. The project contains 5,630 tonnes of antimony grading 0.6% in Indicated Resources, with 5,173 tonnes included in mine plans. The company continues metallurgical testing to evaluate including antimony revenue in the project's financial model.
Canagold Resources (OTC-QB: CRCUF) has filed a Technical Report for the Feasibility Study of its wholly-owned New Polaris gold-antimony project in British Columbia, Canada. The study reveals compelling economics with an after-tax NPV of $425 million and an IRR of 30.9% at a base gold price of $2,500/oz.
The project demonstrates strong potential with a 2.4-year payback period and estimated pre-production capital expenditures of $250 million. The high-grade underground mine is expected to produce 805,589 ounces of recovered gold over its life, with an average diluted grade of 9.94 g/t gold. The life of mine all-in sustaining cost is projected at $1,247 per ounce.
Canagold Resources (OTC-QB: CRCUF) has successfully closed a $4 million financing through a combination of charity flow-through shares and regular common shares. The company issued 4,651,163 flow-through shares at $0.43 per share and 5,128,205 regular common shares at $0.39 per share.
The proceeds from flow-through shares will fund Canadian exploration expenses at the New Polaris project, while proceeds from regular shares will be used for working capital. Sun Valley Investments AG and its affiliate Goldlogic Corp. participated significantly in the offering, increasing their aggregate ownership to 48.25% of the company's outstanding shares.
Canagold Resources (OTC-QB: CRCUF) has announced positive Feasibility Study results for its 100% owned New Polaris gold-antimony project in British Columbia. The study demonstrates robust economics with an after-tax NPV of C$425 million and IRR of 30.9% at a base gold price of US$2,500/oz, or NPV of C$793 million and IRR of 47.3% at current spot gold price of US$3,300/oz.
The project features low initial CAPEX of C$250 million and attractive AISC of US$1,247/oz. The high-grade underground mine is expected to produce 805,589 ounces of recovered gold over an 8.3-year mine life, with an average grade of 9.94 g/t gold. While significant antimony resources have been identified, the current feasibility study excludes antimony revenue pending additional metallurgical testing.
Canagold Resources (TSX: CCM, OTC-QB: CRCUF) has announced a Mineral Resource Update for its New Polaris Gold Project, specifically quantifying the antimony metal content within the existing gold resource. The update reveals 5,630 tonnes of antimony within the indicated gold resource and 1,195 tonnes within the inferred gold resource.
The resource estimation is based on metal prices of US$1,750/oz Au with a 0.75 US:CDN forex rate, including 99% payable metal for gold. The project's economics factor in mining costs of CDN$82.78/t, processing costs of CDN$105.00/t, and G&A costs of CDN$66.00/t, with a metallurgical gold recovery rate of 90.5%.
The company views this antimony resource as a potential additional revenue stream, positioning Canagold as a significant player in Canada's critical mineral supply chain. The antimony resource is reported as a subset of the total mineral resource at a 4 gpt Au cutoff.