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Canagold Resources Ltd T.CCM

Alternate Symbol(s):  CRCUF

Canagold Resources Ltd. is a mineral exploration company. It owns a direct interest in precious metal properties, known as the New Polaris property, the Windfall Hills property, and the Corral Canyon property, as well as a portfolio of smaller exploration properties in Nevada, Idaho and Montana. It owns a 100% interest in the New Polaris property, located in the Atlin Mining Division, British Columbia (BC), which consists of 61 contiguous Crown-granted mineral claims and one modified grid claim covering 850 hectares. The Windfall Hills gold project is located 65 km south of Burns Lake, which consists of the Atna properties, comprised of two mineral claims totaling 959 hectares and the Dunn properties, comprised of eight mineral claims totaling 2820 hectares. Corral Canyon property lies 35 km west of the town of McDermitt in Humboldt County along the western flank of the McDermitt caldera complex. Princeton Gold Property consists of 14,650 hectares and lies 35 km south of Princeton, BC.


TSX:CCM - Post by User

Bullboard Posts
Comment by guidon Jul 20, 2009 11:43am
340 Views
Post# 16150762

RE: RE: Suriname

RE: RE: SurinameWith regard to what Canarc brings to the table... They bring the years of work and millions already spent on that property to define a resource... I highly doubt that someone is going to want to start that process all over again. 

80% of all discoveries are made by juniors and there is a reason for that. Larger companies have less interest in the risk and cost associated with exploration work... they tend to be more interested in producing.

This is the cycle.

Bullboard Posts