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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

Comment by nozzpackon Jan 26, 2022 8:01am
128 Views
Post# 34361318

RE:Superb Assays..Visible Gold..over 1 ounce per ton

RE:Superb Assays..Visible Gold..over 1 ounce per tonIntegrate that intercept and its over 16 gms per ton over 40 meters.

That is superb and will boost gold resources as it is infill which already averages over 10 gm per ton.

Even better, another 25 holes from the 2021 yet to report while noting that all assays todate maintain high grades both infill and extensional , almost certainly going to boost New Polaris Resource towards 1.5 million ounces, boost production to 100,000 ounces per year and a fair value towards $5 per share once production resumes in about 1 years time frame .

Load up at these prices, as sometimes late in 2022, these very rich and low cost grades in prime BC location where the big boys are competing to acquire the next 100,000 ounce producer, with just modest capex , we are going to be bought out no doubt about it..


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