New Polaris Gold Project - Permitting
On March 29, 2023 Canagold announced its Initial Project Description (IPD) and Engagement Plan submission to the B.C. Environmental Assessment Office on behalf of the New Polaris Project.
The IPD submission formally initiates the Early Engagement phase of the provincial assessment process. The IPD provides an overview and detailed description of the Company’s plans to develop, operate, and eventually decommission the New Polaris Gold Project.
The company also announced March 29, 2023, a Groundbreaking Collaboration Agreement with Taku River Tlingit First Nation at the New Polaris Site
The agreement establishes a robust framework for a long-term cooperative and mutually respectful working relationship between the parties in support of Canagold’s New Polaris exploration and advancement activities while undertaking to minimize any adverse impacts on the rights and interests of the TRTFN.
“Taku River Tlingit First Nation (TRTFN) is leading the way with mining company relationships. Consent agreements are beginning with our nation and our people.” says Jìnìk (Charmaine Thom), Spokesperson for the Taku River Tlingit First Nation.
In October 2022 Canagold announced it has retained Ausenco Engineering Canada Inc. to complete a feasibility study on New Polaris, the study is expected to be completed within 18 months.