Welcome to our dedicated page for Canagold Resources news (Ticker: CRCUF), a resource for investors and traders seeking the latest updates and insights on Canagold Resources stock.
Canagold Resources Ltd. (CRCUF) generates frequent news flow around the advancement of its New Polaris gold-antimony project in northwest British Columbia. As an advanced development company, its announcements focus on feasibility milestones, permitting progress, metallurgical results, financing activities, and collaboration with Indigenous Nations. Investors following CRCUF news can track how the company is moving New Polaris through feasibility, environmental assessment, and toward potential production.
Recent news releases highlight several key themes. Canagold has reported positive feasibility study results for New Polaris, including a NI 43-101 technical report that outlines project economics for a high-grade underground gold mine and milling operation. The company has also announced a process order from the British Columbia Environmental Assessment Office, allowing the project to enter the Application Development and Review phase, and has emphasized ongoing engagement with the Taku River Tlingit First Nation and other stakeholders during permitting.
Another important news focus is antimony. Canagold has disclosed that New Polaris contains significant antimony mineralization and has released a dedicated antimony mineral resource estimate within the existing gold resource. Metallurgical test work and locked-cycle flotation results have been reported, demonstrating the potential to produce a high-grade antimony-gold concentrate. These updates provide insight into how antimony could enhance the project’s value as a critical mineral.
Additional CRCUF news items include corporate appointments that expand permitting and compliance capacity, equity financings to fund exploration and working capital, and commentary from management on project strategy and Indigenous collaboration. This news page allows readers to follow technical, regulatory, and corporate developments affecting Canagold and its flagship New Polaris Project over time.
Canagold Resources Ltd. (OTCQB:CRCUF) announced positive sample assay results from new drill holes at its New Polaris Gold project in British Columbia. Notable intercepts include 7.54 grams per tonne (gpt) Au over 18.6 meters in a newly discovered vein. The results indicate strong potential for resource expansion, demonstrating significant gold grades at depths beyond the current resource estimates. The ongoing drill program aims to upgrade Inferred Resources to Indicated Resources, contributing to future feasibility studies. The infill drilling campaign totaled 30,000 meters, with results for 50 holes received so far.
Canagold Resources has announced high-grade gold assays from six additional drill holes at its New Polaris Gold project in British Columbia. Key results include 42.5 gpt gold over 2.0 metres in Hole 22-1665E1 and other significant intercepts across various holes. CEO Scott Eldridge highlighted the continuity of mineralization and opportunities for resource expansion. The ongoing infill drilling aims to upgrade inferred resources to indicated status, with a total of 47 planned holes completed by the end of 2021. The firm anticipates more assay results in the coming weeks.
Canagold Resources announces high-grade gold assay results from its New Polaris Gold project in British Columbia.
Drilling has expanded the C-10 vein by 500%, achieving impressive grades including 44.10 gpt Au over 12.5 m. The company is focused on upgrading Inferred Resources to Indicated Resources as part of a feasibility study.
Drilling operations have concluded for the season with pending assay results expected. Additionally, the company reports the resignation of Andrew Bowering from the Board of Directors.
Canagold Resources Ltd. announces significant drilling results at its 100% owned New Polaris project in British Columbia. Recent drilling intersected both a deep extension of the C-West Main Vein and a new high-grade C-vein. Notable gold assay results include 17.6 gpt over 1.5 m and 13.9 gpt over 4.2 m. The findings confirm the potential for resource expansion beyond the current defined depths, encouraging further exploration. The ongoing drilling aims to upgrade Inferred Resources to Indicated Resources for a future feasibility study.
Canagold Resources Ltd. (OTCQB:CRCUF) has announced high-grade gold assays from six drill holes at its New Polaris Gold project in British Columbia. Key findings include:
- 19.5 gpt Au over 3.7 m in Hole 21-1615E1A
- 21.1 gpt Au over 2.2 m in Hole 21-1700E2A, including 38.6 gpt Au over 0.7 m
- All 47 holes of the 24,000 m drill program were completed in 2021, with 28 assay results received
Drilling aims to upgrade inferred resources to indicated resources for a future feasibility study.
Canagold Resources Ltd. (OTCQB: CRCUF) reports high-grade gold assays from five drill holes at the New Polaris Gold project in BC. Notable intervals include:
- 20.7 gpt Au over 3.8 m in Hole 21-1700E1A, with visible gold (VG).
- 27.1 gpt Au over 2.9 m in Hole 21-1725E1, containing VG.
- 13.5 gpt Au over 8.0 m in Hole 21-1750E1.
The company is optimistic about resource expansion, leading to an update later this year. A live investor webinar is scheduled to discuss results.
Canagold Resources Ltd. has successfully closed the second and final tranche of its oversubscribed CAD$2.3 million private placement, raising CAD$2.03 million by issuing 4.05 million flow-through common shares at CAD$0.50 each. The funds will support Canadian exploration expenses related to the New Polaris gold project in British Columbia, with proceeds renounced to shareholders by December 31, 2022. The share issuance is subject to a four-month hold period, ending May 20, 2022, pending final exchange acceptance.
Canagold Resources Ltd. (OTC-QB:CRCUF) reported significant advancements for 2021 and outlined plans for 2022 aimed at enhancing the New Polaris gold mine project in British Columbia. The company completed a 47-hole drilling program, confirming high-grade intervals and potential for resource expansion. Highlights include a private placement raising CAD $5.3 million and ongoing environmental assessments. Plans for 2022 focus on further drilling, environmental studies, and potential partnerships for other projects in Nevada. CEO Scott Eldridge emphasized continued strong results in exploration.
Canagold Resources Ltd. has successfully completed the first tranche of a non-brokered private placement, issuing 560,000 flow-through shares at CAD$0.50 each, raising CAD$280,000. The funds will finance eligible exploration expenses at the New Polaris gold project in British Columbia. Shares are subject to a four-month hold period and final acceptance by the Toronto Stock Exchange. This financing supports Canagold's strategy to enhance shareholder value through gold exploration.
Canagold Resources Ltd. announces a non-brokered private placement financing for up to 4 million flow-through shares at a price of CAD$0.50 per share, aiming to raise up to CAD$2 million. The offering will close in two tranches, with the first by December 30, 2021 and the second by January 18, 2022, pending necessary approvals. Proceeds will fund exploration expenses for the New Polaris gold project in British Columbia. The shares have a four-month hold period post-closing.
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