Canadian Gold Corp. Phase 3 Drilling at Tartan Mine Returns Multiple High-Grade Intercepts over Good Widths Extending Main Zone to the West Well Below Resource; Potential to Expand Resource Remains Excellent
Toronto, Ontario--(Newsfile Corp. - November 14, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce results from its Phase 3 Drill Program at the Tartan Mine, located near Flin Flon, Manitoba. Results in this news release have extended the high-grade mineralization along the western limits of the Main Zone (MZ) and continue to highlight a separate, longer-term opportunity of lower-grade bulk tonnage. The Company is continuing to prepare the full...
2024-11-14 7:00 AM EST
Canadian Gold Corp. Announces Initial Results from Phase 3 Drilling at Tartan Mine Extends High-Grade Mineralization to the West 7.3 gpt Gold over 7.0 Metres & Discovers Potential New Zone
Toronto, Ontario--(Newsfile Corp. - October 16, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce initial results from its Phase 3 Drill Program at the Tartan Mine, located near Flin Flon, Manitoba. Results in this news release have 1) Extended the high-grade mineralization along the western limits of the Main Zone (MZ) and 2) Discovered a potential parallel zone, located 100 metres south of the MZ (Fig. 2). In addition, the Company is starting...
2024-10-16 7:30 AM EDT
Canadian Gold Corp. Hammond Reef South Surface Sample Returns 11.6 gpt Expanding New Gold Discovery & Provincial (Ontario) Funding Grant Awarded to Help Advance Exploration
Toronto, Ontario--(Newsfile Corp. - September 25, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce an exploration update on the Hammond Reef South property, located near Atikokan, Ontario, and adjacent to Agnico Eagle's fully permitted Hammond Reef Project (Fig. 1). The Company also announces that it has been approved for the Ontario Junior Exploration Program ("OJEP") grant by the Ontario Ministry of Mines. The grant will provide funding for...
2024-09-25 8:30 AM EDT
Canadian Gold Corp. Makes New Gold Discovery Next to Agnico Eagle's Hammond Reef Deposit Samples 35.4 and 7.1 gpt Gold
Toronto, Ontario--(Newsfile Corp. - August 6, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to provide an exploration update on its 100% owned Hammond Reef South Project, located near Atikokan, Ontario, and adjacent to Agnico Eagle's fully permitted Hammond Reef Project (Fig. 1). Hammond Reef South was acquired in 2023 as part of the Company's strategy of acquiring prospective mineral rights around Canada's largest mines and development projects, which...
2024-08-06 8:01 AM EDT
Canadian Gold Corp. Commences Phase 3 Drill Program at Tartan Mine
Toronto, Ontario--(Newsfile Corp. - July 30, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to provide an exploration update for the Tartan Mine property, located near Flin Flon, Manitoba. Phase 3 Drill Program Initial Focus: Expanding the Hanging Wall Zone & Main Zone The Phase 3 Drill Program is now underway at the Tartan Mine. The Company had deferred the start of the Drill Program to ensure that a veteran drill crew would be on site for the program....
2024-07-30 4:30 PM EDT
Canadian Gold Corp. Closes Over-Subscribed Private Placement
Toronto, Ontario--(Newsfile Corp. - July 17, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces the completion of its final tranche closing of its private placement offering, raising an aggregate $1,634,995 (see also news release dated June 21, 2024). The Company issued 1,968,750 flow through shares at a price of $0.16 per share for gross proceeds of $315,000 in its first tranche closing on June 21, 2024, and on July 17, 2024 the Company issued: (i) 7,625,000...
2024-07-17 4:30 PM EDT
Canadian Gold Corp. Closes First Tranche of Financing, Results of Recent Annual and Special Meeting of Shareholders, Election of Michael Swistun, CFA, to the Board of Directors
Toronto, Ontario--(Newsfile Corp. - June 21, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce an initial first tranche closing of its private placement offering, by the issuance of 1,968,750 flow through shares at a price of $0.16 per share, for gross proceeds totalling $315,000. In connection with this first tranche closing, the Company paid $15,900 in finders fees to eligible finders, and insiders subscribed for 312,500 of the total shares...
2024-06-21 4:56 PM EDT
Canadian Gold Corp. Phase 3 Exploration to Begin at Tartan Mine; Three Priority Zones Will Be Drilled with Potential for Major Impact to Resource Size & Project Economics
Toronto, Ontario--(Newsfile Corp. - June 20, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce its Phase 3 exploration program at the Tartan Mine, located 14 km from Flin Flon, Manitoba. Phase 3 is scheduled to start at the beginning of July and will focus on three important target areas. If successful, management believes this drilling could have a major impact on the Tartan Mine's resource size and potential economics. The objective is to...
2024-06-20 7:00 AM EDT
Canadian Gold Corp. Announces Non-Brokered Financing
Toronto, Ontario--(Newsfile Corp. - June 13, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces a non-brokered private placement offering of up to $1,500,000, by the issuance of both flow-through common shares and non-flow through common shares. Each flow-through share will be priced at $0.16 per share, and each non-flow through common share will be priced at $0.14. The use of proceeds shall be used primarily for exploration at the Company's Tartan Lake...
2024-06-13 4:05 PM EDT
Canadian Gold Corp. Announces Results of Phase 2 Drill Program; Plans for Additional Drilling
Toronto, Ontario--(Newsfile Corp. - April 29, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce the results of its Phase 2 exploration drill program at the Tartan Mine, located near Flin Flon, Manitoba, and future plans for a Phase 3 Drill Program.
2024-04-29 7:00 AM EDT
Canadian Gold Corp. Appoints Michael Swistun as President and CEO
Toronto, Ontario--(Newsfile Corp. - April 9, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that the board of directors has appointed Mr. Michael Swistun, CFA, to succeed Ed Huebert as the Company's President and Chief Executive Of
2024-04-09 7:48 AM EDT
Canadian Gold Corp. Announces Tartan Mine Delivers High-Grade Gold Expanding the Hanging Wall Zone 20.6 g/t Gold over 5.7 Metres Including 30.4 g/t Gold over 3.0 Metres
Toronto, Ontario--(Newsfile Corp. - February 21, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce continued results from its Phase 2 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba. Since the Company's last update on January 11, 2024, two holes have been completed with assays having been received for one, TLMZ21-12W4, which was intended to expand the high-grade gold located in the Hanging Wall Zone to the west and to...
2024-02-21 9:00 AM EST
Canadian Gold Corp. Engages Velocity Trade as Market Maker
Toronto, Ontario--(Newsfile Corp. - January 19, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that it has engaged Velocity Trade Capital Ltd. ("Velocity Trade") to provide market-making services to the Company in accordance with applicable securities laws and the policies of the TSX Venture Exchange ("Exchange"). Velocity Trade will manage trading of the Company's shares from time to time for the purposes of maintaining an orderly market,...
2024-01-19 9:00 AM EST
Canadian Gold Corp Drills Deepest Hole at Tartan - 415 m Below the Mine Resource Intersecting 12.7 GPT Gold Over 3.2 m, Meaningfully Expanding High-Grade at Depth
Toronto, Ontario--(Newsfile Corp. - January 11, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce initial results from its Phase 2 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, including the deepest hole in the project's history. Drilling continues to extend the vertical limits of the high-grade gold mineralization, now identified to at least 415 metres below the resource estimate, increasing the vertical extent of...
2024-01-11 7:30 AM EST
Canadian Gold Corp. Highlights Transformative 2023 for Shareholders
Toronto, Ontario--(Newsfile Corp. - December 21, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce a summary of the work completed in 2023, in what has been a transformative year, and in addition, presents the Company's early exploration and development plans for 2024. Flin Flon Snow Lake Greenstone Belt Canadian Gold Corp.'s Tartan Mine project remains the Company's flag ship project, and sees opportunity being located in the prolific, world...
2023-12-21 1:11 PM EST
Canadian Gold Corp. Announces Final Closing of Private Placement and Drilling Update at Tartan Gold Mine
Toronto, Ontario--(Newsfile Corp. - November 30, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces the completion of the final tranche closing of its private placement offering, resulting in aggregate gross proceeds of $2,515,750 (see news releases dated November 6, and November 16, 2023). Overall, a total of $1,699,296 was raised by the issuance of flow through shares (all tranches of flow through shares) at a price of $0.205 per flow through share, and...
2023-11-30 7:03 AM EST
Canadian Gold Corp. Announces Over-Subscribed Private Placement Closing of Second Tranche
Toronto, Ontario--(Newsfile Corp. - November 16, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces the completion of the second tranche closing of its private placement offering, for gross proceeds of $1,729,997. Together with the first tranche closing ($626,753), the Company has raised an aggregate $2,356,750 to date. The Company anticipates a third and final tranche closing, which will increase the offering from $2,225,000, as announced on October 18,...
2023-11-16 8:53 AM EST
Canadian Gold Corp.: Approval of $300,000 Grant From Manitoba Mineral Development Fund (MMDF) Increases Company's Exploration Funding
Toronto, Ontario--(Newsfile Corp. - November 13, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that it has been approved for a $300,000 grant from the Manitoba Mineral Development Fund ("MMDF") as announced at the CCMEC Mineral Conference held in Winnipeg, Manitoba last week. This grant, when combined with the Company's treasury and pending final tranche closing of the current financing, will increase Canadian Gold's total capital to...
2023-11-13 7:30 AM EST
Canadian Gold Corp.: Phase 2 Drill Program Begins at the Tartan Mine
Toronto, Ontario--(Newsfile Corp. - November 8, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce the commencement of its Phase 2 drilling program at the Company's 100% held Tartan Mine in the prolific Flin Flon-Snow Lake Greenstone belt, Manitoba. The phase 2 drill program is currently underway and anticipated to occur over the next several months with a minimum of 2,500 metres of drilling planned. The objective of the program is to further...
2023-11-08 11:06 AM EST
Canadian Gold Corp. Closes First Tranche Financing and Upsizes Placement
Toronto, Ontario--(Newsfile Corp. - November 6, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce the closing of the first tranche of its private placement offering for gross proceeds totalling $626,753. The Company issued: (i) 447,560 flow through shares at a price of $0.205 per share for gross proceeds of $91,750; and (ii) 3,821,450 units at a price of $0.14 per unit for gross proceeds of $535,003. Each unit is comprised of one common share...
2023-11-06 6:26 PM EST