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Canadian Gold Corp. Provides an Update on the Forest Fire Situation Near the Tartan Mine

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Canadian Gold Corp. (STRRF) has temporarily suspended drilling operations at its Tartan Mine property near Flin Flon, Manitoba, due to nearby forest fires. The company has evacuated all personnel from the site and is monitoring facilities remotely in compliance with local directives. Management maintains continuous communication with local and provincial authorities to coordinate efforts during this emergency situation.

While the company's Phase 4 drilling program is currently on hold, Canadian Gold remains optimistic that the fire activity will not materially impact their operations. The company has confirmed that all staff are safe and facilities are secure, with a commitment to provide market updates should any material changes occur regarding the forest fire situation.

Canadian Gold Corp. (STRRF) ha temporaneamente sospeso le operazioni di perforazione presso la sua proprietà della miniera Tartan vicino a Flin Flon, Manitoba, a causa di incendi boschivi nelle vicinanze. La società ha evacuato tutto il personale dal sito e sta monitorando le strutture da remoto, in conformità con le direttive locali. La direzione mantiene una comunicazione costante con le autorità locali e provinciali per coordinare gli sforzi durante questa situazione di emergenza.

Nonostante il programma di perforazione Fase 4 sia attualmente sospeso, Canadian Gold rimane ottimista sul fatto che l'attività degli incendi non influenzerà in modo significativo le operazioni. L'azienda ha confermato che tutto il personale è al sicuro e le strutture sono protette, impegnandosi a fornire aggiornamenti al mercato qualora si verifichino cambiamenti rilevanti riguardo alla situazione degli incendi boschivi.

Canadian Gold Corp. (STRRF) ha suspendido temporalmente las operaciones de perforación en su propiedad de la mina Tartan cerca de Flin Flon, Manitoba, debido a incendios forestales cercanos. La compañía ha evacuado a todo el personal del sitio y está monitoreando las instalaciones de forma remota, cumpliendo con las directivas locales. La gerencia mantiene comunicación continua con las autoridades locales y provinciales para coordinar esfuerzos durante esta situación de emergencia.

Aunque el programa de perforación Fase 4 está actualmente en pausa, Canadian Gold sigue siendo optimista de que la actividad del incendio no afectará materialmente sus operaciones. La empresa ha confirmado que todo el personal está seguro y las instalaciones están protegidas, comprometiéndose a proporcionar actualizaciones al mercado si ocurren cambios significativos respecto a la situación del incendio forestal.

Canadian Gold Corp. (STRRF)는 매니토바 플린플론 근처의 타탄 광산 부지에서 인근 산불로 인해 시추 작업을 일시 중단했습니다. 회사는 현장 인력을 모두 대피시키고 지역 지침에 따라 시설을 원격으로 모니터링하고 있습니다. 경영진은 이 긴급 상황 동안 지역 및 주 당국과 지속적으로 소통하며 협력하고 있습니다.

4단계 시추 프로그램은 현재 중단된 상태이지만, Canadian Gold는 화재 활동이 운영에 중대한 영향을 미치지 않을 것이라고 낙관하고 있습니다. 회사는 모든 직원이 안전하며 시설도 안전하게 유지되고 있음을 확인했으며, 산불 상황에 중대한 변화가 있을 경우 시장에 업데이트를 제공할 것을 약속했습니다.

Canadian Gold Corp. (STRRF) a temporairement suspendu les opérations de forage sur sa propriété de la mine Tartan près de Flin Flon, Manitoba, en raison d'incendies de forêt à proximité. La société a évacué tout le personnel du site et surveille les installations à distance, conformément aux directives locales. La direction maintient une communication continue avec les autorités locales et provinciales pour coordonner les efforts durant cette situation d'urgence.

Bien que le programme de forage Phase 4 soit actuellement en pause, Canadian Gold reste optimiste quant au fait que l'activité des incendies n'affectera pas matériellement leurs opérations. La société a confirmé que tout le personnel est en sécurité et que les installations sont protégées, s'engageant à fournir des mises à jour au marché si des changements significatifs surviennent concernant la situation des incendies de forêt.

Canadian Gold Corp. (STRRF) hat die Bohrarbeiten auf seinem Tartan-Minen-Gelände nahe Flin Flon, Manitoba, vorübergehend eingestellt, aufgrund von nahegelegenen Waldbränden. Das Unternehmen hat sämtliches Personal vom Gelände evakuiert und überwacht die Anlagen aus der Ferne gemäß den örtlichen Anweisungen. Die Geschäftsleitung steht in ständigem Kontakt mit lokalen und provinziellen Behörden, um die Maßnahmen in dieser Notlage zu koordinieren.

Obwohl das Bohrprogramm Phase 4 derzeit pausiert ist, bleibt Canadian Gold optimistisch, dass die Feueraktivität die Betriebsabläufe nicht wesentlich beeinträchtigen wird. Das Unternehmen hat bestätigt, dass alle Mitarbeiter sicher sind und die Anlagen geschützt sind, und verpflichtet sich, den Markt bei wesentlichen Änderungen bezüglich der Waldbrandsituation zu informieren.

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  • Temporary suspension of Phase 4 drilling operations at Tartan Mine
  • Potential delays in exploration program due to forest fire situation

Flin Flon, Manitoba--(Newsfile Corp. - May 28, 2025) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") has temporarily suspended drilling operations at its Tartan Mine property near Flin Flon, Manitoba, due to a forest fire in the nearby vicinity.

"We have withdrawn our staff and continue to monitor our facilities remotely in accordance with local directives. Our team is in constant communication with local and provincial authorities to coordinate all efforts during this difficult time. All personnel are safe, and the Tartan facilities are secure. While all activities at the site are currently suspended, we remain hopeful that the nearby forest fire activity will not have any material impact on our Phase 4 drilling program.

All the firefighters, EMS workers, RCMP, and the great people of Flin Flon remain in our thoughts during this difficult time." - Michael Swistun, CFA, President & CEO

Canadian Gold Corp. will update the market in the event of any material change arising in relation to the forest fire situation.

For Further Information, Please Contact:

Michael Swistun, CFA
President & CEO
Canadian Gold Corp.
(204) 232-1373
info@canadiangoldcorp.com

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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). The Company also holds a 100% interest in greenfields exploration properties in Ontario and Quebec adjacent to some of Canada's largest gold mines and development projects, specifically, the Canadian Malartic Mine (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) holds a 5.7% interest in Canadian Gold, and Robert McEwen, the founder and former CEO of Goldcorp, and Chairman and CEO of McEwen Mining, holds a 32.9% interest in Canadian Gold.

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 including but not limited to the receipt of regulatory approval for the transactions contemplated by the Option Agreement and the exercise of the Option Agreement by the Company.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253751

FAQ

Why did Canadian Gold Corp (STRRF) suspend operations at Tartan Mine in May 2025?

Canadian Gold Corp suspended operations at Tartan Mine due to forest fires in the nearby vicinity of Flin Flon, Manitoba, requiring the evacuation of staff for safety reasons.

What is the current status of Canadian Gold Corp's Phase 4 drilling program?

The Phase 4 drilling program is temporarily suspended due to forest fire activity near the Tartan Mine property, though the company hopes there will be no material impact on the program.

Are Canadian Gold Corp's Tartan Mine facilities affected by the forest fires?

According to the company, all Tartan Mine facilities are secure and being monitored remotely, with no reported damage from the forest fires as of May 28, 2025.

How is Canadian Gold Corp (STRRF) managing the forest fire situation at Tartan Mine?

The company has evacuated all personnel, is monitoring facilities remotely, and maintains constant communication with local and provincial authorities to coordinate efforts during the emergency.
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