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

Canagold Resources Ltd

Bullboard Posts

Comment by goldenone1on May 23, 2017 1:12pm

245 Views

Post# 26273304

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:11 Cents

good news.
The appointment of an experienced Nevada exploration manager is a crucial step for Canarc achieving its goals of unlocking value from the ten Nevada properties it obtained with its acquisition of American Innovative Minerals in March 2017.

The Fondaway Canyon property is the most advanced project with a 43-101 compliant Indicated resource of 409,000 ounces of gold at an average grade of 6.18 g/t gold and an Inferred resource of 660,000 ounces of gold at an average grade of 6.4 g/t gold using a cut-off grade of 3.43 g/t gold.

Bullboard Posts

Calibre discovers significant gold in Newfoundland