TSX: CCM   |   OTCQB: CRCUF   |   Frankfurt: CANA

RELEASE HIGHLIGHTS

4 deep holes that have extended mineralization from 600 to 1000+ m 

Results mark the deepest gold intercepts that the project has ever experienced

9 separate intercepts of gold mineralization outside the currently defined resource demonstrating the upside potential to add tonnage and ounces

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Significantly Undervalued, De-Risked Projects

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Invest in Canagold

Canagold is a TSX Main Board listed company focused on advancing its New Polaris gold assets located in British Columbia, Canada. The company is well funded and is managed  by an experienced  team with proven ability to raise capital and advance projects from exploration to production. The company has also optioned its non-core gold projects in Nevada, US and British Columbia.

The company has a planned growth strategy aimed to increase the current the gold resource base at New Polaris and advance the project towards a feasibility study.

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About Canagold Resources

CanaGold is a TSX Main Board listed company focused on advanced Gold assets located in North America. The company is well funded and is managed by an experienced team with proven ability to raise capital and advance projects from exploration to production. CanaGold has projects with significant existing gold resources located in Nevada, US and British Columbia, Canada as well as prime drill ready exploration targets.

Contact

info@canagoldresources.com
Suite 810-625 Howe Street
Vancouver, B.C., Canada, V6C 2T6
Tel: 
(604) 685-9700
Fax: 
(604) 685-9744

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"This Time Is Different”

Canagold Announces High-Grade Drill Intercepts

Vancouver, Canada – January 26, 2022 – Canagold Resources Ltd. (TSX: CCM |OTCQB: CRCUF | Frankfurt: CANA) announces high-grade gold assays for five more drill holes from the expanded drill program at its 100% owned New Polaris Gold project located in northwestern British Columbia, 100 kilometers (km) south of Atlin and 60 km northeast of Juneau, Alaska.

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Progress on Infill Drilling, Resource Expansion of High Grade Gold; Plans for 2022!

Scott Eldridge, CEO, Comments on recent news announcement

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Deep Extension Exploration Drilling Intersects the C-West Main and Discovers a New High Grade Gold Mineralized C-vein at New Polaris Project

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WHY CANAGOLD'S NEW POLARIS?

  • Well-drilled, high grade, low cost, highly profitable gold mine (May 2020 PEA study) in mining-friendly BC
  • Potential to become the 6th highest grade gold mine in Canada, 11th in the world
  • Proven team that has built and operated 6 precious metal mines in North America
  • Geological leadership from Rio Tinto with 2X “Discovery of the Year” accolades
  • Past producer (1930-50s) with local support
  • In 3rd and final year of base-line environmental studies, moving towards full feasibility

A simple plan: make it bigger, build a mine

"New Polaris does indeed extend to depths well beyond the 600m level of our currently defined resources, confirming the blue-sky potential of the project."

- Scott Eldridge, CEO