Canadian Gold Corp. Lifting of Evacuation Order in Flin Flon, Manitoba
Rhea-AI Summary
Canadian Gold Corp. (TSXV: CGC) announced the lifting of evacuation orders in Flin Flon, Manitoba, where their Tartan Mine Property is located. While local businesses and critical services are expected to resume operations, access to backcountry areas, including the Tartan Mine, remains restricted due to proximity to active forest fires.
The company had temporarily suspended drilling operations during the evacuation period. Canadian Gold will provide updates on the surface infrastructure at Tartan once access is restored and field crews can return to the site.
Positive
- None.
Negative
- Drilling operations remain suspended at Tartan Mine Property
- Backcountry areas still restricted due to active forest fires
News Market Reaction – STRRF
In the trading session that priced this news, STRRF gained 9.78%, reflecting a notable positive market reaction.
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Flin Flon, Manitoba--(Newsfile Corp. - June 25, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to share that the evacuation order affecting the Town of Flin Flon has been lifted, and it is therefore expected that critical services and other businesses will resume activities.
Canadian Gold had temporarily paused drilling operations at its Tartan Mine Property near Flin Flon during the evacuation. Access to backcountry areas, including the Tartan Mine, remain restricted until further notice due to the close proximity to active forest fires. Once access is restored and the field crews have been able to return to the site, the Company will provide an update on surface infrastructure at Tartan.
"Our thoughts remain with those who were impacted, and we thank all the firefighters, EMS workers, RCMP, and emergency response teams who helped to protect the community and made this safe return possible." - Michael Swistun, CFA, President & CEO
For Further Information, Please Contact:
Michael Swistun, CFA
President & CEO
Canadian Gold Corp.
(204) 232-1373
info@canadiangoldcorp.com
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Canadian Gold Corp.
Canadian Gold Corp. is a Canadian-based mineral exploration and development company whose objective is to expand the high-grade gold resource at the past producing Tartan Mine, located in Flin Flon, Manitoba. The historic Tartan Mine currently has a 2017 indicated mineral resource estimate of 240,000 oz gold (1,180,000 tonnes at 6.32 g/t gold) and an inferred estimate of 37,000 oz gold (240,000 tonnes at 4.89 g/t gold). (Tartan Lake Project Technical Report, Manitoba, Canada, April 2017 authored by Mining Plus Canada Consulting Ltd.). The Company also holds a
CAUTION REGARDING FORWARD-LOOKING INFORMATION
This news release of the Company contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Canadian Gold's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256756