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Canagold Continues to Intersect High-Grade Gold Mineralization in C-West Main Vein Including 42.5 gpt Au over 2 m at New Polaris Project, BC

Vancouver, Canada – April 21, 2022 – Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CANA) announces high-grade gold assays for six more drill holes from the expanded drill program at its 100% owned New Polaris Gold project located in northwestern British Columbia, 100 kilometers (km) south of Atlin and 60 km northeast of Juneau, Alaska.

The assay results include samples from drill holes that have returned significant intercepts of gold mineralization in the C-West Main (“CWM”).


Highlights:

  • 42.5 grams per tonne  (“gpt”) gold  (“Au”) over 2.0 metres (“m”) from 466.1 m in Hole 22-1665E1
    • Including 69.7 gpt Au over 0.8 m from 466.6 m
  • 19.3 gpt Au over 4.3 m from 410.5 m down the hole, in Hole 21-1675E1A
    • Including 33.2 gpt Au over 1.0 m from 411.0 m
  • 10.4 gpt Au over 5.8 m from 460.5 m in Hole 21-1755E1
  • 10.5 gpt Au over 4.9 m from 268.8 m in Hole 21-1800E4
  • 12.9 gpt Au over 3.6 m from 408.5 m in Hole 22-1692E1
  • 9.43 gpt Au over 1.7 m from 469.9 m in Hole 22-1700E1

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