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.*
Investment Highlights
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.
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.
Experienced Management
Led by Ron Goguen, founder of Major Drilling, our team has decades of experience advancing exploration projects through to development.
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.
Download Our
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

* 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
28,533,187 | 263,000 | 4,101,166 | 32,897,353 | ~36% |
---|---|---|---|---|
Shares Outstanding Post Financing | Options | Warrants | Fully Diluted | Insider Ownership |
* As at December 4th, 2024

Recent News



Transfer Agent
Auditor
MNP
800-1600 Carling Avenue,
Ottawa ON, K1Z1G3
+1 (613) 691-4200
Corporate Office
Canadian Gold Resources Ltd.
105 Englehart St. Suite 700, Dieppe, New Brunswick, E1A 8K2, Canada
+1 (506) 383-4274
Financials
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?
Management TeamCanadian 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.
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?
Join Mailing ListYou 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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