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. has issued a statement urging shareholders to ignore the misinformation propagated by SunValley Company DMCC regarding a proxy fight. The company asserts that SunValley is attempting a hostile takeover by seeking to control the board while holding only 17% of shares. Canagold emphasizes the importance of voting for its management nominees using the YELLOW Proxy to protect shareholder interests. The press release disputes claims made by SunValley, reinforcing Canagold's commitment to evaluate all financing options without bias and prioritize the benefits for all shareholders.
Canagold Resources Ltd. announced significant gold assay results from its New Polaris Gold project in British Columbia. The final results from the 30,000-meter drill program revealed 34.4 gpt gold over 6.6 meters and 13.6 gpt gold over 25.1 meters, marking the best results of the program. The company plans to upgrade Inferred Resources to Indicated Resources, enhancing shareholder value. These results bolster confidence in the ongoing exploration efforts, with drilling set to resume in summer 2022.
Canagold Resources Ltd. (TSX:CCM, OTCQB:CRCUF) refutes claims from dissident minority shareholder SunValley Company DMCC, accusing them of making false statements in a bid for control over the company and its New Polaris gold mine project. Canagold asserts that it received one financing offer from SunValley, which was not rejected. The company emphasizes its board's commitment to acting in the best interests of all shareholders. Shareholders are urged to vote for Canagold's management nominees using the YELLOW proxy to prevent the dissident's takeover attempt.
Canagold Resources Ltd. (OTCQB: CRCUF) faces a challenge from a minority dissident shareholder seeking control of its Board. This shareholder has nominated three directors to replace the current Board members. Canagold urges shareholders to support its nominees at the upcoming vote on July 19, 2022, emphasizing that the dissident's nominees lack sufficient experience and align with self-interests. The company is advancing its high-grade New Polaris gold project, aiming for completion of a feasibility study and updating resource estimates, which could create significant value for shareholders.
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.