Antimony Mineral Resource Estimate For New Polaris Gold Project

VANCOUVER - Canagold Resources Ltd. reported on a Mineral Resource Update for New Polaris Gold Project that quantifies the antimony metal contained within the current gold resource.

“We are thrilled to incorporate a substantial antimony resource alongside our high-grade gold deposits at the New Polaris project,” said Catalin Kilofliski, CEO. “Past metallurgical testing has shown excellent antimony recovery rates within the New Polaris concentrate, highlighting its potential to enhance future revenue streams. With New Polaris at an advanced stage of development, Canagold is strategically positioned as a leading Canadian company ready to play a key role in strengthening Canada’s critical mineral supply.”

In 2025, further analysis of the antimony resource and expansion potential will take place, accompanied by additional metallurgical testing, aimed at establishing the best processing methods for producing a commercially viable antimony product. Canagold remains committed to exploring ways to maximize the potential of its New Polaris asset as a source of both gold and antimony, aiming to enhance the project’s overall value while contributing to the increasing demand for critical minerals.