2024
Hammond Reef South Surface Sample Returns 11.6 gpt Expanding New Gold Discovery & Provincial (Ontario) Funding Grant Awarded to Help Advance Exploration
Toronto, Ontario –September 25, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce an exploration update on the Hammond Reef South property, located near Atikokan, Ontario, and adjacent to Agnico Eagle’s fully permitted Hammond Reef Project (Fig. 1). The Company also announces that it has been approved for the Ontario Junior Exploration Program (“OJEP”) grant by the Ontario Ministry of Mines. The grant will provide funding for 50% of exploration expenditures, to a maximum of $200,000, incurred between April 2024 and February 2025 at the Hammond Reef South property.
Canadian Gold Corp. Makes New Gold Discovery Next to Agnico Eagle’s Hammond Reef Deposit Samples 35.4 and 7.1 gpt Gold
Toronto, Ontario –August 6, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to provide an exploration update on its 100% owned Hammond Reef South Project, located near Atikokan, Ontario, and adjacent to Agnico Eagle’s fully permitted Hammond Reef Project (Fig. 1). Hammond Reef South was acquired in 2023 as part of the Company’s strategy of acquiring prospective mineral rights around Canada’s largest mines and development projects, which provides additional optionality for shareholders beyond the exploration drilling currently taking place at the Tartan Mine in Manitoba.
Canadian Gold Corp. Commences Phase 3 Drill Program at Tartan Mine
Toronto, Ontario – July 30, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to provide an exploration update for the Tartan Mine property, located near Flin Flon, Manitoba.
Canadian Gold Corp. Closes Over-Subscribed Private Placement
Toronto, Ontario – July 17, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces the completion of its final tranche closing of its private placement offering, raising an aggregate $1,634,995 (see also news release dated June 21, 2024).
Canadian Gold Corp. Closes First Tranche of Financing, Results of Recent Annual and Special Meeting of Shareholders, Election of Michael Swistun, CFA, to the Board of Directors
Toronto, Ontario – June 21, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce an initial first tranche closing of its private placement offering, by the issuance of 1,968,750 flow through shares at a price of $0.16 per share, for gross proceeds totalling $315,000.
Phase 3 Exploration To Begin At Tartan Mine
Toronto, Ontario – June 20, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce its Phase 3 exploration program at the Tartan Mine, located 14 km from Flin Flon, Manitoba. Phase 3 is scheduled to start at the beginning of July and will focus on three important target areas. If successful, management believes this drilling could have a major impact on the Tartan Mine’s resource size and potential economics. The objective is to advance the project towards becoming a high-grade, low-cost, long-life gold asset that has an achievable initial capital cost.
Canadian Gold Corp. Announces Non-Brokered Financing
Toronto, Ontario – June 13, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) announces a non-brokered private placement offering of up to $1,500,000, by the issuance of both flow-through common shares and non-flow through common shares.
Canadian Gold Corp. Announces Results of Phase 2 Drill Program; Plans For Additional Drilling
Toronto, Ontario – April 29, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce the results of its Phase 2 exploration drill program at the Tartan Mine, located near Flin Flon, Manitoba, and future plans for a Phase 3 Drill Program.
Canadian Gold Corp. Appoints Michael Swistun as President and CEO
Toronto, Ontario – April 9, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that the board of directors has appointed Mr. Michael Swistun, CFA, to succeed Ed Huebert as the Company’s President and Chief Executive Officer. The appointment follows the resignation of Mr. Huebert, who will continue to advise the Company on environmental, permitting and government relations.
Tartan Mine Delivers High-Grade Gold Expanding the Hanging Wall Zone
Toronto, Ontario – February 21, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce continued results from its Phase 2 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba. Since the Company’s last update on January 11, 2024, two holes have been completed with assays having been received for one, TLMZ21-12W4, which was intended to expand the high-grade gold located in the Hanging Wall Zone to the west and to intersect the Main Zone, demonstrating further extension of the deposit.
Canadian Gold Corp. Engages Velocity Trade as Market Maker
Toronto, Ontario – January 19, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce that it has engaged Velocity Trade Capital Ltd. (“Velocity Trade”) to provide market-making services to the Company in accordance with applicable securities laws and the policies of the TSX Venture Exchange (“Exchange”). Velocity Trade will manage trading of the Company’s shares from time to time for the purposes of maintaining an orderly market, with a view to reducing trading volatility and improving the liquidity of the Company’s shares. The funding and securities required for these services undertaken will be provided by Velocity Trade.
Canadian Gold Corp Drills Deepest Hole at Tartan – 415 m Below the Mine Resource Intersecting 12.7 GPT Gold Over 3.2 m, Meaningfully Expanding High-Grade at Depth
Toronto, Ontario – January 11, 2024 – Canadian Gold Corp. (TSXV: CGC) (“Canadian Gold” or the “Company”) is pleased to announce initial results from its Phase 2 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, including the deepest hole in the project’s history. Drilling continues to extend the vertical limits of the high-grade gold mineralization, now identified to at least 415 metres below the resource estimate, increasing the vertical extent of the high-grade mineralization by 72% compared to the resource (Fig. 1). Hole TLMZ23-26W5 returned 12.7 gpt gold over 3.2 m, inside of another wide interval of disseminated gold mineralization that returned 2.7 gpt gold over 25 m. The implication of these wider intervals surrounding the high-grade at depth (which are becoming common) is being reviewed by the Company’s geological team in order to determine its importance and the ability to convert this mineralization into a potential resource.