Canagold is a growth-oriented, gold exploration and mining company currently focused on building western Canada’s highest grade, underground gold project, New Polaris in northwestern British Columbia. The company has engaged Ausenco Engineering to complete a full feasibility study on the project expected to be completed by Q1, 2024.
Canagold is working to revive New Polaris, a past producer, while ensuring engagement and creating benefits the line up with the values and needs of the community. Our core commitment is to unlock the value of the New Polaris Project in collaboration with the Taku River Tlingit First Nation (TRTFN), providing benefits and opportunities for the community.
From June 2021-March 2022 the company completed a 30,000 metre 54-hole drill program) and is continuing additional drilling through the summer/fall of2023. The goal of the program is to provide infill drilling to upgrade the resource category from Inferred to Indicated, and to drill deeper than the current 600 meters to expand the resource at depth. The current 8000 metre drilling program is focused on the near surface Y-Veins.
Canagold has optioned its non-core gold projects in Nevada, US.