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

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. 

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.

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.

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.

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​. 

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.

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