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.

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Canagold Resources Ltd

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Comment by JCMargot14on Mar 11, 2005 7:46am

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Post# 8734581

RE: dudely dog - question

"My main concern with ccm is the large amount of debt they are carrying." CANARC HAS NO DEBT! GGG just sold one of their properties, may use money to purchase Canarc's interest in Bellavista. JV in Benzdorp should move the price up, past the wall at 60 cents. Hope they do financing (if needed) after Benzdorp JV using higher share price.

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