Canagold Resources Ltd T.CCM

C-TV CEO Update - Working towards feasibility study in 2022

[goldguy]

[nozzpack]

Superb news. Since we are just resuming production a bit deeper in the lode but with the same grades and higher resources, the FS should not take too long.. Finally we are moving up the charts

[nozzpack]

Adding another 6000 m with the objective of getting tp production of 100,000 ounces for 10 years. That is of course highly desirous for those bigger fish looking to grow production by acquisition . What is also nice is the substantial resource expansion at depth. The gold lodes in these  mesothermals go as deep as 4000 m, and we are now delineating down to just 600 m for the 100,000 Oz

[MisterMarket]

Having bought almost as many Canagold shares as I want I feel it is safe to start posting.  If you want to be a part owner of a gold mine New Polaris is the pot of gold at the end of the rainbow. Some of the information posted on this bullboard is grossly inaccurate.  Nozzpack says mesothermal veins go as deep as 4000 M. Are there any examples?   I have always thought they are

[nozzpack]

I also invest in Africa which have the deepest mines in the world, and one of them now nearing 4 km and expected to go deeper. Even in Canada, these Messos go deeper than 2 km. Typically, grades get progressively richer with depth. If such is the case , profitability can be sustained at these great depths.. https://www.mining-technology.com/features/feature-top-ten-deepest-mines-world-south

[MisterMarket]

The link to the Top Ten Deepest Mines in the World is most interesting.  All of the mines are pushing operations deeper.  It looks like underground heat will stop operations before the mines run out of ore. It looks like Canagold management is preparing the project for sale with their goal to get production to 100 000 oz of gold per year.  With low ASIC costs New Polaris will

[nozzpack]

That is exactly my view and reviewing the drill assays in their extensional implications, I think that we will get there before this year is out..