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Canagold Drills 69.8 g/t Gold (Au) over 2.6m; Within 4.64m Averaging 52.8 g/t Au and 0.83% Antimony (Sb)

Canagold Resources reported assays from three more holes (NP26-07, NP26-08 and NP26-09) in its recently completed 14-hole, 7,277 m infill and expansion program at the 100%-owned New Polaris Gold Project in northwestern British Columbia. Hole NP26-08 returned 52.8 g/t gold and 0.83% antimony over 4.64 m from 503 m, including 69.8 g/t gold over 2.64 m, while NP26-07 intersected 24.6 g/t gold over 7.33 m from 458.5 m. CEO Catalin Kilofliski said most of these high-grade intervals are not included in the current mineral resource model or mine plan, pointing to significant potential for resource expansion. The company believes the high-grade gold and antimony mineralization may be substantially greater than previously understood.

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