Investor Overview

Developing High-Grade Gold Projects in the Gaspe Gold Belt of Quebec.


Canadian Gold Resources Ltd.

TSXV: CAN

Why Invest?

Canadian Gold Resources offers a unique investment opportunity with near-term cash flow from high-grade gold projects in Quebec’s Gaspé Peninsula. With bulk sample production expected to generate approx CAD $9 million (based on a $1,800 gold price) and a dividend projected in 2025, Canadian Gold stands out among other exploration juniors. Backed by an experienced team, the company has a clear path to shareholder dividends, significant exploration upside at its 3 projects and a strong market entry via its upcoming public listing​.*

ASM Materials

Investment Highlights

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Near-Term Cash Flow Potential*

The Lac Arsenault project is expected to generate CAD $9 million in revenue from bulk sampling, with dividends anticipated within the first year.

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High-Grade Gold Projects

Our projects have delivered high-grade results, such as 92.0 g/t gold from historic trenching at Robidoux, offering significant exploration upside​.

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Experienced Management

Led by Ron Goguen, founder of Major Drilling, our team has decades of experience advancing exploration projects through to development.

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Significant Exploration Upside

Active exploration is planned in 2025 at its three fully owned projects, including plans for drilling and two bulk samples to generate non-dilutive revenues.

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Corporate Presentation

Explore our corporate strategy, experienced leadership, and detailed project overviews. Download our presentation to uncover the key drivers behind Canadian Gold Resources, a company poised for near-term cash flow from high-grade gold projects in Quebec’s Gaspé Peninsula.


Key Highlights:

  • Advancing high-grade gold projects with near-term revenue potential*
  • Bulk sample expected to generate CAD $9 million and early dividends*
  • Tight cap structure and a planed go public listing via RTO
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* This is forward-looking info (FLI). Readers are advised to refer to the full forward-looking statement contained in our Terms & Conditions for important details regarding assumptions, risks, and uncertainties associated with such information.

Cap Table

36,667,221 2,063,000 9,242,919 47,973,140 ~36%
Shares Outstanding Post Financing Options Warrants Fully Diluted Insider Ownership

* As at August 15th, 2025

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Recent News

September 10, 2025
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.
July 15, 2025
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.
July 9, 2025
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.
June 12, 2025
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.
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Transfer Agent

TSX Trust

301–100 Adelaide Street West,

Toronto, ON M5H 4H1


+1 (514) 285-8801

guy.lesperance@tmx.com

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Auditor

MNP

800-1600 Carling Avenue,

Ottawa ON, K1Z1G3


+1 (613) 691-4200 



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Corporate Office

Canadian Gold Resources Ltd.
105 Englehart St. Suite 700, Dieppe, New Brunswick, E1A 8K2, Canada


+1 (506) 383-4274

info@canadiangold.com

Financials

  • 2024

    Annual  Auditied Financial Statements

    Annual Management Discussion & Analysis


    Q3 - Financial Statements

    Q3 - Management Discussion & Analysis


  • 2023

    Annual Audited Statements

FAQs

Find answers to common questions about Canadian Gold Resources Ltd.

  • How can I invest in Canadian Gold Resources Ltd.?

    Canadian Gold Resources Ltd. is currently in the process of completing a reverse takeover (RTO) with a public issuer, expected in October 2024. Once listed, shares will be available for purchase through the TSX Venture Exchange with the ticker CAN.V

  • What stage are Canadian Gold Resources' projects in?

    Canadian Gold Resources holds three high-grade exploration projects in Quebec's Gaspé Peninsula. The Lac Arsenault project is in advanced exploration, with bulk sampling expected to generate near-term cash flow. The Robidoux and VG Boulder projects are at earlier exploration stages, with historical high-grade results and exploration work planned. 


    Robidoux has has two previous historic bulk samples: 400 tonnes at 31.54 g/t Au + 8.9 g/t Ag and 657 tonnes at 12.02 g/t Au - confirmation work is planned with a goal to test via a further bulk sample in 2025. 

  • Where are Canadian Gold Resources' projects located?

    All three of Canadian Gold Resources' projects—Lac Arsenault, Robidoux, and VG Boulder—are located in Quebec’s Gaspé Peninsula, along the Grand Pabos Fault system, a region known for its orogenic gold deposits and significant historical gold exploration.

  • What is the expected timeline for cash flow from the Lac Arsenault project?

    Bulk sampling at Lac Arsenault is scheduled for completion in 2025, with an expected revenue of CAD $9 million. The project is anticipated to generate positive cash flow by early 2025, with dividends expected to be paid within the first year​, 2025.


    * This is forward-looking info (FLI). Readers are advised to refer to the full forward-looking statement contained in our Terms & Conditions for important details regarding assumptions, risks, and uncertainties associated with such information.

  • What are the historical exploration results for the Lac Arsenault and Robidoux projects?

    Lac Arsenault Gold Project

    Lac Arsenault has a rich exploration history, with Imperial & Esso Minerals identifying a historical estimate of 40,000 tonnes grading 15.43 g/t Au, 197 g/t Ag, 6.6% Pb, and 3.5% Zn. Significant results include 32.83 g/t Au over 0.27m from the Baker vein and 39.7 g/t Au from surface samples at the Mersereau vein. The property has 93 historical drill holes totaling 7,269 meters.


    Robidoux Gold Project

    The Robidoux project has returned high-grade results, with drilling intercepts such as 4.1 g/t Au over 4.46m and trench samples up to 92.0 g/t Au over 1.70m. Bulk samples confirmed the high-grade potential, including 400 tonnes grading 31.54 g/t Au + 8.9 g/t Ag. Further confirmation work and bulk sampling are planned for 2025.

  • What is Canadian Gold Resources' dividend policy?

    * While Canadian Gold Resources does not have a formal dividend policy, the company is aiming to complete at least one bulk sample in 2025 and distribute dividends from the profits generated. 


    A portion of the estimated CAD $6 million profit will be returned to shareholders in the form of a special dividend, with the remainder reinvested into ongoing exploration and growth.



    * This is a forward-looking statement and these statements are based upon assumptions that are subject to significant risks and uncertainties, including risks regarding the mining industry, commodity prices, market conditions, general economic factors, management's ability to manage and to operate the business, and explore and develop the projects, of the Resulting Issuer, and the equity markets generally. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance of each of Amseco and Canadian Gold may differ materially from those anticipated and indicated by these forward-looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although each of Amseco and Canadian Gold believes that the expectations reflected in forward looking statements are reasonable, they can give no assurances that the expectations of any forward-looking statements will prove to be correct. 

  • How is Canadian Gold Resources funded, and are there plans for additional financing?

    The company is currently pursuing flow-through financing of up to CAD $3 million at $0.30 per unit, with additional hard money financing at $0.25 per unit. 


    This funding will support exploration activities and the company’s public listing.

  • Who are the key members of Canadian Gold Resources' management team?

    Canadian Gold Resources is led by Ronald Goguen, Sr., who has decades of experience in the mining industry as the founder of Major Drilling International. The team also includes Mark Smethurst, P.Geo, an experienced geologist with over 25 years in exploration, and other seasoned industry professionals​. 

    Management Team
  • What are Canadian Gold Resources' long-term goals?

    Canadian Gold Resources is focused on creating shareholder value through near-term production, bulk sampling, and long-term resource growth. In addition to advancing its current projects, the company plans to continue exploration across its properties to identify additional high-grade zones and expand its resource base through formal NI 43-101 criteria.

  • How can I stay updated on Canadian Gold Resources' latest developments?

    You can stay informed by subscribing to our mailing list for regular updates on exploration progress, financial news, and project milestones. Simply fill out the form on our website’s investor overview page to receive updates directly to your inbox.

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