Dieppe, N.B. – October 27, 2025 – Canadian Gold Resources Ltd. (TSXV: CAN) (“Canadian Gold” or the “Company”) is pleased to announce that it has received the required permits to commence drilling at its 100%-owned Lac Arsenault Gold Project, located in the Gaspé Peninsula, Québec. The maiden drill program, expected to commence on or around November 17, 2025, will consist of a minimum of 36 drill holes totaling approximately 3,000 metres. The objectives of the program include: Establishing a modern, NI 43-101-compliant database of assay and QA/QC results to validate and advance the historical resource model at the Baker Vien and Mersereau Vein. Historical drilling outlined near-surface gold mineralization but pre-dates current reporting standards. The new program will twin select holes and complete step-out drilling to confirm grades, continuity, and data quality in support of a potential NI 43-101-compliant mineral resource estimate. Enhancing geological understanding of grade distribution and mineralized continuity by refining the structural and lithological controls on gold mineralization at the Baker Vien and Mersereau Vein. Drilling will test lateral and vertical extensions of mineralized zones, assess alteration patterns, and strengthen the geological model to support future resource estimation and targeting. Testing the strike and vertical extent of known gold-bearing structures using results from the recent induced polarization (IP) survey and geophysics work to refine drill targeting. The data will guide step-out and deeper drilling aimed at extending mineralization and identifying additional zones along strike and at depth. Management Commentary "Our team is excited to advance the Lac Arsenault property through its first modern drill campaign," said Ronald Goguen, President and CEO of Canadian Gold Resources Ltd. "This program represents an important milestone in confirming historical mineralization and defining the broader exploration potential of this high-grade, unexplored gold system." Canadian Gold anticipates the potential to expand the program with additional metres and drill holes as new targets are identified. These targets are being refined using data from an ongoing induced polarization (IP) survey conducted in conjunction with existing aeromagnetic (Mag) data, designed to highlight high-priority anomalies across the project area. About the Lac Arsenault Project The Lac Arsenault Property, located in Québec's Gaspé region, lies along the Grand Pabos Fault within the Gaspé-Newfoundland tectonic belt. This structure shares geological characteristics with prolific gold-bearing systems such as the Cadillac-Larder Lake Fault Zone in Abitibi and the Cape Ray-Valentine Lake Shear Zone in Newfoundland. The property hosts several high-grade, epithermal-style vein systems, including the Baker, Mersereau, and Dunning veins, with historical exploration outlining significant gold-silver-base metal mineralization that provides a strong platform for the Company's current work. Covering more than 3,600 hectares, Lac Arsenault is strategically located near tidewater at New Richmond, Québec, offering excellent road, power, and rail infrastructure within one of Canada's most established mining jurisdictions. Historical Resource Estimate Disclosure (NI 43-101 2.4) Stevenson, L. (1975): 40,000 tonnes grading 15.43 g/t Au and 197 g/t Ag (Esso Minerals Canada). Côté, R. (1996): 199,580 tonnes grading 9.59 g/t Au (~61,536 contained oz Au). These historical estimates predate NI 43-101 and were based on sampling, trenching, and drilling using manual polygonal methods. A Qualified Person has not completed sufficient work to classify the estimates as current mineral resources or reserves. The Company is not treating them as current and further verification is required. These historical estimates pre-date the adoption of current CIM Definition Standards (2014) and therefore cannot be directly compared to modern resource categories (i.e., "Inferred," "Indicated," or "Measured"). The terminology and estimation methodologies used at the time are not compliant with current CIM categories, and no classification equivalence is implied. The Company considers these historical estimates to be relevant, as they demonstrate the presence of significant gold and silver mineralization at shallow depths within the Baker and Mersereau vein systems, which remain priority targets for verification and expansion. However, their reliability is uncertain because the underlying data, methods, and QA/QC procedures are not adequately documented to current standards. The Company is not treating the estimate as current. To the Company's knowledge, there are no more recent mineral resource estimates available for the Lac Arsenault Property that would supersede these historical figures. To bring these into compliance, Canadian Gold plans to: Conduct systematic drilling to confirm grades and geometry; Complete verification sampling and density determinations; Build a validated geological model with modern QA/QC protocols; Commission an independent NI 43-101 compliant resource estimate. Qualified Person Statement: The scientific and technical information in this news release has been reviewed and approved by Mark Smethurst, P.Geo., Director of Canadian Gold and a Qualified Person under NI 43-101
Dieppe, N.B. – October 23, 2025 – Canadian Gold Resources Ltd. (TSXV: CAN) (“Canadian Gold” or the “Company”) announces a non-brokered listed issuer financing exemption ("LIFE") private placement financing (the "Offering") for total gross proceeds of up to $3.0 million, with up to $2,000,000 in units ("NFT Units") and up to $1,000,000 in flow-through units ("FT Units"). The Company has engaged Research Capital Corporation (the "Finder") as exclusive finder and sole booker runner to assist with the Offering. The NFT Units are priced at $0.20 per NFT Unit. Each NFT Unit will be comprised of one (1) common share (a "Common Share") and one (1) Common Share purchase warrant of Canadian Gold (a "NFT Warrant"). Subject to the restrictive period described below, each NFT warrant is exercisable for 3 years from the Closing Date at an exercise price of $0.28 per Common Share. The FT Units are priced at $0.30 per FT Unit. Each FT Unit will be comprised of one (1) flow-though common share (a "FT Share") and one half of one (1/2) Common Share purchase warrant of Canadian Gold (the "FT Warrant"). Subject to the restrictive period described below, each whole FT warrant will be exercisable for 3 years from the Closing Date at an exercise price of $0.40 per Common Share. Upon closing of the Offering, the Common Share component of the NFT and FT Units will be free trading in Canada. As the Company completed a financing less than 12 months ago (see the Company's new release dated January 2, 2025), all FT and NFT Warrants in this Offering will be restricted from being exercised for a period of 61 days after closing to ensure compliance with the dilution restriction in section 5A.2(h) of the LIFE exemption in National Policy 45-106. Any Common Shares issued upon exercise of a NFT or FT Warrant after the restrictive period expires will be free trading in Canada. The net proceeds from this Offering will be used for exploration and drilling on the Lac Arsenault project, the Robidoux project and VG Boulder project as well as working capital. The NFT Units and the FT Units will be offered for sale in each of the provinces of Canada, except Quebec, pursuant to the listed issuer financing exemption (the "Listed Issuer Financing Exemption") under Part 5A of National Instrument 45-106 - Prospectus Exemption. The Company has filed a Form 45-106F19 with the securities commissions or similar regulatory authorities in each of the provinces of Canada, other than Quebec. There is an offering document related to this Offering that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at https://www.cdngold.com/ . Prospective investors should read this offering document before making an investment decision. The Offering is expected to close on or about November 7, 2025 (the "Closing Date") and will be subject to regulatory approvals and customary closing conditions including listing of the Common Shares on the TSX Venture Exchange. Subject to certain adjustments for president's list purchasers, the Finder is entitled, on the Closing Date, to a cash commission equal to 8% of the gross proceeds of the Offering and will receive finder's warrants entitling the Finder, for a period of 3 years from the Closing Date, to acquire that number of Common Shares that is equal to 8% of the number of the NFT Units and the FT Units issued pursuant to the Offering, at an exercise price of $0.20 per Common Share. The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws, and may not be offered or sold in the United States without registration under the U.S. Securities Act and all applicable state securities laws or compliance with the requirements of an applicable exemption therefrom. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor may there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Dieppe, N.B. – September 16, 2025 – Canadian Gold Resources Ltd. (“Canadian Gold” or the “Company”), is pleased to announce that it has engaged Geophysique TMC to conduct an induced polarization ("IP") survey at its 100%-owned Lac Arsenault Property, located in the Gaspé region of Québec. The survey is intended to enhance the Company's understanding of the structures that control three key mineralized zones - the Baker Vein, the Mersereau Vein, and the Type-4 Vein - and to help identify high-priority targets for future drill programs. These three veins host the historical non-NI 43-101 compliant resource estimates previously reported for the Lac Arsenault Property (please see Historical Resource Estimate Disclosure (NI 43-101 2.4), below). The data from the IP survey will be integrated into Canadian Gold's expanding exploration dataset, which already incorporates recent surface sampling results. Mechanical trenching and sampling along the Baker and Mersereau veins returned very high grades from surface exposures, including 28.9 g/t gold and 306 g/t silver (BVA2025-004) and 22.9 g/t gold and 399 g/t silver. Complementing this, airborne magnetic survey work at Lac Arsenault has outlined major fault structures, including the Grand Pabos Fault, together with newly recognized splays and secondary structures interpreted to be important controls on the emplacement of gold-silver-lead mineralization. Together, these results are sharpening Canadian Gold's exploration focus on high-priority targets while reinforcing the broader discovery potential across the Lac Arsenault property. Management Commentary "The initiation of this IP survey represents another important step in uncovering the value of our Lac Arsenault property by refining and prioritizing targets for the upcoming maiden diamond drill program," stated Ronald Goguen, President & CEO of Canadian Gold. "By applying modern geophysical techniques, we aim to validate historical results and further sharpen our understanding of the Baker, Mersereau, and Type-4 veins." An IP survey is a geophysical technique used to measure the electrical chargeability and resistivity of subsurface materials. In exploration settings, this method can detect disseminated sulphide mineralization associated with gold and base metal systems. By mapping variations in chargeability and resistivity across the target area, the survey provides a powerful tool to refine drill targets, prioritize anomalies, and strengthen the Company's exploration model. About the Lac Arsenault Project The Lac Arsenault Property is located in Québec's Gaspé region along the Grand Pabos Fault, part of the Gaspé-Newfoundland tectonic belt. This structure shares geological characteristics with prolific gold-bearing systems such as the Cadillac-Larder Lake Fault Zone in Abitibi and the Cape Ray-Valentine Lake Shear Zone in Newfoundland. The property hosts multiple high-grade, epithermal-style vein systems, including the Baker, Mersereau, and Dunning veins. Historical exploration outlined significant gold-silver-base metal mineralization, providing a strong foundation for the Company's current work. Historical Resource Estimate Disclosure (NI 43-101 2.4) Stevenson, L. (1975): 40,000 tonnes grading 15.43 g/t Au and 197 g/t Ag (Esso Minerals Canada). Côté, R. (1996): 199,580 tonnes grading 9.59 g/t Au (~61,536 contained oz Au). These historical estimates predate NI 43-101 and were based on sampling, trenching, and drilling using manual polygonal methods. A Qualified Person has not completed sufficient work to classify the estimates as current mineral resources or reserves. The Company is not treating them as current and further verification is required. To bring these into compliance, Canadian Gold plans to: Conduct systematic drilling to confirm grades and geometry; Complete verification sampling and density determinations; Build a validated geological model with modern QA/QC protocols; Commission an independent NI 43-101 compliant resource estimate.
Dieppe, N.B. – September 10, 2025 – Canadian Gold Resources Ltd. (“Canadian Gold” or the “Company”), is pleased to provide an update on its exploration and development activities at its 100%-owned Lac Arsenault Property located in the Gaspé region of Québec. The Company is also announcing the resignation of Ken Booth from the Board of Directors. Applications Submitted for Lac Arsenault Maiden Drill Program Canadian Gold has submitted permit applications to the Ministère des Ressources naturelles et des Forêts (MRNF) for its maiden diamond drilling program on the Lac Arsenault Property. The proposed program comprises 36 drill holes totalling approximately 2,345 metres, with expected drilling to begin upon permit approval. The objective of the drill program is to take the extensive historical work completed at Lac Arsenault and advance it to modern reporting standards under National Instrument 43-101. Historical work at Lac Arsenault (1975–1996) outlined non-compliant resource estimates ranging from 40,000 tonnes at 15.43 g/t Au and 197 g/t Ag to approximately 200,000 tonnes averaging 9.59 g/t Au (~61,500 oz Au). These estimates predate NI 43-101 and cannot be relied upon as current resources, but they highlight the project’s long-recognized high-grade potential. Through the upcoming drill program, Canadian Gold intends to: Twin and verify historical drill holes and channel samples to confirm grades and geometry; Apply modern QA/QC protocols to establish reliability of the data; Generate sufficient new drilling data to support an independent mineral resource estimate prepared in accordance with NI 43-101 and CIM Definition Standards; Convert these historical estimates into a current, compliant mineral resource that can be reported to the market, forming a strong foundation for future project development and valuation. Management Commentary "The submission of our first drill permit applications marks an important milestone as we move toward validating the historic high-grade results at Lac Arsenault and establishing an NI 43-101 compliant resource base,” stated Ronald Goguen, President & CEO of Canadian Gold. “We believe Lac Arsenault represents a rare opportunity in Québec, one of the world’s most proven mining jurisdictions: a project with extensive historical work, strong high-grade potential, and excellent infrastructure. By applying modern exploration standards, we are committed to unlocking this value responsibly while engaging transparently with Québec regulators and local First Nations communities.” Update on Bulk Sampling Program On July 15, 2025, Canadian Gold announced that it had received permits from the Government of Québec to proceed with a 5,000-tonne bulk sampling program, conditional upon the completion of three shallow water monitoring wells in the vicinity of the proposed sampling area ( See July 9, 2025 press release ) and an Autorisation pour travaux à impacts (ATI) report. The Company is ready to drill these wells immediately; however, the Québec’s Ministère des Ressources naturelles et des Forêts (MRNF) has since requested that Canadian Gold temporarily pause while it seeks additional input from another First Nations community, located approximately 18 kilometres from the proposed bulk sampling site. Canadian Gold has already engaged with the Gesgapegiag First Nation community, which is domiciled within the project area, providing full details of the program and receiving no opposition during the allotted feedback period. In compliance with the ATI requirements, the Company is now re-engaging with the Mi'gmawei Mawio’mi Secretariat (MMS), the political and tribal council representing the three Mi'gmaq First Nations in the Gaspé region, to ensure transparency and comply with ATI. In parallel, Canadian Gold continues to work closely with the MRNF to finalize the process and is scheduled to meet jointly with the MMS and MRNF on September 11, 2025, regarding the ATI. At this time, the Company does not anticipate a material delay to the commencement of the bulk sampling program. Board Resignation Mr. Ken Booth has resigned as a Director of Canadian Gold, effective immediately, to focus on other professional commitments. The Board thanks Mr. Booth for his valued contributions since the Company’s inception and wishes him every success in his future endeavours. About the Lac Arsenault Project The Lac Arsenault Property is located in Québec’s Gaspé region along the Grand Pabos Fault, part of the Gaspé–Newfoundland tectonic belt. This structure shares geological characteristics with prolific gold-bearing systems such as the Cadillac–Larder Lake Fault Zone in Abitibi and the Cape Ray–Valentine Lake Shear Zone in Newfoundland. The property hosts multiple high-grade, epithermal-style vein systems, including the Baker, Mersereau, and Dunning veins. Historical exploration outlined significant gold-silver-base metal mineralization, providing a strong foundation for the Company’s current work. Historical Resource Estimate Disclosure (NI 43-101 2.4) Stevenson, L. (1975): 40,000 tonnes grading 15.43 g/t Au and 197 g/t Ag (Esso Minerals Canada). Côté, R. (1996): 199,580 tonnes grading 9.59 g/t Au (~61,536 contained oz Au). These historical estimates predate NI 43-101 and were based on sampling, trenching, and drilling using manual polygonal methods. A Qualified Person has not completed sufficient work to classify the estimates as current mineral resources or reserves. The Company is not treating them as current and further verification is required. To bring these into compliance, Canadian Gold plans to: Conduct systematic drilling to confirm grades and geometry; Complete verification sampling and density determinations; Build a validated geological model with modern QA/QC protocols; Commission an independent NI 43-101 compliant resource estimate.
Dieppe, N.B. – July 15, 2025 – Canadian Gold Resources Ltd. (TSXV: CAN) (“Canadian Gold” or the “Company”) is pleased to announce that it has received all required permits from the Government of Québec to proceed with a bulk sampling program with plans to test 5,000 tonnes of mineralized materials at its 100%-owned Lac Arsenault Gold Project, located in the Gaspé region of eastern Québec. The bulk sample is intended for exploration purposes only and is not considered a production decision. As a condition of the permit, the Company is required to drill three (3) shallow water monitoring wells in the vicinity of the proposed sampling area to identify potential groundwater presence. If water tables are encountered, baseline water quality testing will be conducted both before and after the program. Canadian Gold fully supports this requirement as part of its commitment to responsible exploration and environmental stewardship. Next Steps With permits secured, Canadian Gold will now begin preparations for mobilizing personnel and equipment to site. In the coming weeks, the Company will finalize agreements with drilling, excavation, and haulage contractors, complete the required water wells, and install temporary infrastructure to support safe operations near the Baker and Mersereau veins. Once site preparation is complete, material sampling is anticipated to commence and continue for approximately three weeks. The sampled material will be transported to a third-party facility for off-site processing and analysis. Updates will be provided as results become available, including recoveries and implications for future exploration planning. Management Commentary Ron Goguen, President & CEO of Canadian Gold, commented: “ Receiving this permit is a major milestone in the advancement of our Lac Arsenault Project. This program is designed to evaluate the technical and geological characteristics of the near-surface mineralization. Historical work conducted by Imperial and Esso Minerals in the 1970s reported a historical estimate of approximately 40,000 tonnes grading 15.43 g/t gold and 197 g/t silver (Stevenson, L., 1975, Geological Report on the Lac Arsenault Property, Esso Minerals Canada). A subsequent 1996 report revised the estimate to 199,580 tonnes grading 9.59 g/t gold, or approximately 61,536 contained ounces (Côté, R., 1996, Lac Arsenault Project Resource Evaluation, Unpublished Internal Report). While these historical estimates do not comply with current CIM standards, they indicate strong historical interest in this high-grade system. Additional core drilling, systematic surface sampling, and database verification will be required to validate the data and assess whether a current resource can be defined. ” Clarification on Economic Potential While Canadian Gold is encouraged by the opportunity to generate technical and metallurgical data from the bulk sample, no economic analysis has been completed, and there are no mineral reserves at Lac Arsenault. Any references to possible revenue from sample processing are entirely speculative and do not demonstrate economic viability. There is no production decision and no feasibility study has been conducted. Should positive results occur, proceeds may be allocated toward working capital, additional exploration, or future shareholder returns, but no production decision or dividend policy has been made at this time. There is no assurance that results will support future exploration or development decisions.
Dieppe, N.B. – July 9, 2025 – Canadian Gold Resources Ltd. (TSXV: CAN) (“Canadian Gold” or the “Company”) is pleased to report exciting new surface sampling results from its 100%-owned Lac Arsenault Property , located in Québec’s underexplored Gaspé Peninsula. This latest fieldwork, conducted in early June 2025, focused on exposing and sampling the Baker and Mersereau veins—two primary structures central to the Company’s upcoming bulk sample program. High-grade assay results continue to validate Lac Arsenault’s strong potential to host a precious metals system, while also identifying new zones of mineralization in previously overlooked areas. Sampling Highlights: Sample BVA2025-004: 28.9 g/t gold, 306 g/t silver Sample BVA2025-006: 22.9 g/t gold, 399 g/t silver, 17.8% lead Sample Mersereau (unnumbered): 25.5 g/t gold, 447 g/t silver, 18.4% lead Sample BVA2025-008: 5.32 g/t gold, 452 g/t silver, 25.7% lead These grades are significant for surface sampling and support the near-surface potential for bulk-tonnage extraction.
Dieppe, N.B. – June 12, 2025 – Canadian Gold Resources Ltd. (“Canadian Gold” or the “Company”), is pleased to report the completion of key site preparation activities at its 100%-owned Lac Arsenault Gold Project, located in the Gaspé region of Quebec. As part of preparations for the upcoming bulk sample program, Company crews have conducted surface washing of outcrop exposures at both the Mersereau and Baker Veins to further delineate mineralized structures and optimize the bulk sampling plan. The Mersereau and Baker Veins, previously highlighted in the Company’s April 22 and May 16, 2025 news releases, are known to host high-grade gold and silver mineralization. The recent washing activities have successfully enhanced surface visibility, exposed fresh mineralized rock and aided in the design of targeted extraction areas for the upcoming bulk sample.
Dieppe, N.B. – April 3, 2025 – Canadian Gold Resources Ltd. (“Canadian Gold” or the “Company”) (TSX.V: CAN), a Canadian exploration company focused on high-grade gold projects within Quebec’s prolific Gaspé Gold Belt, is pleased to announce the preliminary interpretation of data from its recently completed airborne magnetic survey at the wholly-owned VG Boulder Property, located on Quebec’s Gaspé Peninsula. Survey Highlights: Identification of multiple major fault structures, notably the precise delineation of the Grand Pabos Fault and the Rivière Garin Fault, and the delineation of a second major structure parallel to the Grand Pabos Fault. Key structural intersections, including where the Grand Pabos and Rivière Garin Faults converge on the VG Boulder Property, along with significant splay structures that could host concentrated zones of mineralization. Correlation of major structural targets with historical high-grade mineral showings, enhancing regional geological understanding and mineralization continuity across the Company's land holdings, including the Robidoux and Lac Arsenault projects.
Dieppe, N.B. – March 25, 2025 – Canadian Gold Resources Ltd. (“Canadian Gold” or the “Company”) (TSX.V: CAN), a Canadian exploration company focused on high-grade gold projects in Quebec’s Gaspé Gold Belt, is pleased to announce the preliminary interpretation of data from the recently completed airborne magnetic survey at its wholly owned Lac Arsenault Property, located on the Gaspé Peninsula. The survey results represent a significant exploration milestone, delivering critical structural insights and advancing the Company’s understanding of the mineralized systems along its 34-kilometre land position on the highly prospective Grand Pabos Fault. “The promising data from Lac Arsenault reinforces the exploration potential along the Grand Pabos Fault system,” said Ronald Goguen, Chairman, President & CEO of Canadian Gold. “The identification of clear structural continuity enhances our confidence in the potential for new gold and silver discoveries across our holdings and marks a key advancement in our strategy to unlock value within the Gaspé Gold Belt.” Highlights of the Magnetic Survey: Multiple major fault structures identified, including precise delineation of the Grand Pabos Fault and newly recognized splay and secondary structures interpreted to be critical for gold-silver mineralization emplacement. Key structures correlate with known historical mineral showings, including the Baker Vein (Au-Ag-Pb) and the Mersereau Vein (Au-Ag-Pb), significantly enhancing the prioritization of future drill targets. Improved structural understanding supports regional continuity of mineralized systems across the Company’s land holdings, including the Robidoux and VG Boulder properties.
Dieppe, N.B. – February 21, 2025 – Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN), announces that, effective as of February 21, 2025, it has terminated its investor relations agreement with Alliance Advisors, LLC (the “Agreement”) (see the Company’s news release dated January 20, 2025). As a result, the Company has withdrawn its application to TSXV to accept the Agreement. The decision to terminate was made after careful consideration of the Company's strategic direction and continuing challenges in respect of the operating terms of the Agreement for both parties. The Company remains committed to enhancing shareholder value and will explore alternative options to ensure effective communication with its stakeholders and the broader investment community. The Company also wishes to provide supplemental information and clarification regarding certain stock option grants originally announced on January 29, 2025, as follows: according to the terms of its stock option plan, the Company has granted, effective January 23, 2025, 1,500,000 options to members of the board of directors and 500,000 options to various officers, employees and non-investor relations consultants. Each option entitles the holder to acquire one common share of the Company at $0.25 per share for a period of 10 years. There are no vesting provisions. For more information, visit www.cdngold.com . About Canadian Gold Resources Ltd. Canadian Gold Resources Ltd. (TSXV: CAN) is a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec. The Company targets under-explored, past-producing properties with significant growth potential, leveraging modern exploration techniques to unlock value. With a team of experienced professionals and a commitment to sustainability and community engagement, Canadian Gold Resources is well-positioned to capitalize on opportunities within this historic and promising gold region. For more information, visit www.cdngold.com . For further information, please contact: Ronald Goguen Chairman, President & CEO  Canadian Gold Resources Ltd. rongoguen@cdngold.com 506-383-4274 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Dieppe, N.B. – January 29, 2025 – Canadian Gold Resources Ltd . ("Canadian Gold" or the "Company") (TSX.V: CAN), a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec, is excited to announce the preliminary interpretation of airborne magnetic survey data for its Robidoux property in Quebec’s Gaspé Peninsula. The results represent a major milestone for the Company, providing detailed structural insights into the Robidoux property, which is part of the Company’s broader 34 km stretch along the highly prospective Grand Pabos Fault. “The promising results from our Robidoux property survey significantly enhance the outlook for our projects along the Grand Pabos Fault system,” said Ronald Goguen, Chairman, President and CEO of Canadian Gold. "With clear structural continuity, we're confident in new gold and silver discoveries and expanding our resource base, marking a key milestone in our strategy to lead the Gaspé Gold Belt." Key Findings: Identified key fault structures that align with known mineral showings, structures are critical in the emplacement of gold-silver mineralization and point to significant exploration potential. The new data has allowed for a more precise location of the Grand Pabos Fault, which was previously unclear in regional datasets. Also revealed are key splay and secondary structures offering valuable drill targets for future exploration. The interpreted structures coincide with known showings such as the Robidoux-Appalache Au-Ag-Pb showing, and the location of the historic bulk sample. Canadian Gold Resources has not verified these historic results and is not relying on them. The Robidoux-Appalache Au-Ag-Pb showing source of historical information referred to herein is report GM58486 filed with Ressources naturelles et Forêts. The historic bulk sample source of historical information referred to herein is Fancamp press release dated March 15, 2021 referencing Fancamp press release dated March 26, 2015. Historical production grades are not an indication of existing mineral resources or grades of any existing mineral deposits.
Dieppe, N.B. – January 20, 2025 – Canadian Gold Resources Ltd. ("Canadian Gold" or the "Company") (TSXV: CAN), Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec, is pleased to announce it has entered into an investor relations agreement (the “Alliance Agreement”) with Alliance Advisors Investor Relations (“Alliance”) and has retained Integral Wealth Securities Limited (“Integral”) to provide market-making services (the “Integral Agreement”) in accordance with TSX Venture Exchange (“TSXV”) policies. The partnerships aim to enhance Canadian Gold’s communication with the investment community and increase visibility within the resource sector. “Partnering with Alliance and Integral marks an important milestone for Canadian Gold Resources,” Ron Goguen, Chairman, President and CEO of Canadian Gold stated. “Alliance’s strategic communication expertise, paired with Integral’s focus on improving market dynamics, will help us strengthen relationships with investors, enhance trading activity, and effectively showcase the potential of our projects.” “We are excited to partner with Canadian Gold Resources as they continue to build momentum in the resource sector,” said Alyssa Barry, President of Alliance Advisors Investor Relations. “With a unique project portfolio and an experienced leadership team, we look forward to helping them connect with investors and effectively communicate their vision to the market.” Pursuant to an agreement dated November 1, 2024, entered with Alliance through the acquisition of IR Labs Inc., Alliance has agreed to provide investor relations and communications services to the Company in exchange for a monthly fee of C$10,000. The services include developing and managing PR/media, social media and stakeholder relations. The term of the agreement is for a period of 12 months ending October 31, 2025. Canadian Gold has also retained Integral Wealth Securities to provide market-making services with the objective of improving liquidity and enhancing the trading environment for the Company’s shares. Integral Wealth Securities will trade shares of Canadian Gold on the TSX Venture Exchange in accordance with applicable policies to ensure a fair and orderly market. The Integral Agreement has an initial term of three (3) months commencing from December 1, 2024 (the “Initial Term”) and shall be renewable at the Company’s discretion on a month-to-month basis. The engagement may be terminated by the Company on 30 day’s written notice. Integral will be paid a monthly fee of C$5,500 (plus HST). There are no performance factors contained in the Integral Agreement and no security-based compensation in connection with the engagement. Integral and its clients may acquire an interest in the securities of the Company in the future. Integral is an arm's length party to the Company. Integral will be responsible for the costs it incurs in buying and selling the Company's common shares, and no third party will be providing funds or securities for the market making activities. The Alliance and Integral Agreements are subject to the acceptance of the TSX Venture Exchange. For more information, visit www.cdngold.com . About Canadian Gold Resources Ltd. Canadian Gold Resources Ltd. (TSXV: CAN) is a Canadian exploration company focused on developing high-grade gold projects in the Gaspé Gold Belt of Quebec. The Company targets under-explored, past-producing properties with significant growth potential, leveraging modern exploration techniques to unlock value. With a team of experienced professionals and a commitment to sustainability and community engagement, Canadian Gold Resources is well-positioned to capitalize on opportunities within this historic and promising gold region. For more information, visit www.cdngold.com . About Alliance Advisors IR With headquarters in the U.S. and Canada, Alliance Advisors Investor Relations implements strategic IR programs to meet the specific needs of clients across diverse sectors. Leveraging industry best practices and modern investor strategies, the firm’s seasoned professionals help clients navigate complex markets, drive shareholder engagement, and support their strategic growth on a global scale. Alliance Advisors IR is a division of Alliance Advisors, a global leader in shareholder engagement and governance advisory. For more information, visit https://allianceadvisorsir.com/ . About Integral Integral Wealth Securities Limited is a national independent CIRO-licensed investment dealer. Founded in 2003, the firm has established capabilities in market making, wealth management and investment banking. The firm's FINRA-regulated US broker dealer affiliate, Integral Wealth Securities LLC, is engaged in investment banking and private placements. For more information, visit https://integralwealth.com/ca/ . For further information, please contact: Ronald Goguen Chairman, President & CEO of Canadian Gold Resources rongoguen@cdngold.com 506-383-4274 Investor Relations Susan Xu investors@cdngold.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. Forward-looking statements in this news release include statements regarding the Offering and use of proceeds from the Offering. In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include, but are not limited to: compliance with extensive government regulations; domestic and foreign laws and regulations adversely affecting the Company’s business and results of operations; and general business, economic, competitive, political and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.
