CANADIAN GOLD CORP - STRRF STOCK NEWS

Canadian Gold Corp. (TSXV: CGC) has initiated its Phase 4 drill program at the Tartan Mine near Flin Flon, Manitoba. The program focuses on four key areas: western extension and infill between 375-600 meters, western flank definition below previous resource estimate, deeper exploration, and South Zone deeper extension.

Previous Phase 3 drilling yielded significant results, including intersections of 7.3 gpt gold over 7.0 metres, 7.2 gpt gold over 5.7 metres, and 7.8 gpt gold over 4.0 metres. Notable historical results include 4.2 gpt gold over 53.7 metres in deeper drilling.

Canadian Gold Corp. (TSXV: CGC) has announced the initial closing of its private placement offering's first tranche. The company issued 2,631,579 flow-through shares at $0.19 per share, raising gross proceeds of $500,000. The company paid $12,000 in finders fees to eligible finders, and all securities are subject to a four-month hold period. The proceeds will be used for Canadian Exploration Expenditures (CEE) on the company's Canadian exploration projects.

Canadian Gold Corp (TSXV: CGC) announces a non-brokered private placement offering of up to $750,000 through flow-through common shares at $0.19 per share. The proceeds will fund eligible Canadian exploration expenditures at the Tartan Mine near Flin Flon, Manitoba. The Phase 4 exploration program targets four key areas: western extension and infill between 375-600 metres, western flank definition below previous resource estimate, deeper exploration, and South Zone extension. Previous Phase 3 drilling yielded significant results, including intersections of 7.3 gpt gold over 7.0 metres and 4.2 gpt gold over 53.7 metres.

Canadian Gold Corp. (TSXV: CGC) has issued a clarification regarding news releases incorrectly disseminated under its ticker by third-party wire services. The company confirms that during fall 2024, it has only released three official announcements: Phase 3 Drilling results at Tartan Mine on November 14, showing multiple high-grade intercepts; Initial Phase 3 Drilling results on October 16, reporting 7.3 gpt gold over 7.0 metres; and Hammond Reef South surface sampling results on September 25, yielding 11.6 gpt gold. The company has notified wire services to address these erroneous releases.

Canadian Gold Corp. has announced significant results from its Phase 3 Drill Program at the Tartan Mine near Flin Flon, Manitoba. The drilling has extended high-grade mineralization along the western limits of the Main Zone and revealed potential for lower-grade bulk tonnage mining. Notable intercepts include 7.2 gpt gold over 5.7 metres and 5.1 gpt gold over 6.2 metres within a wider zone of 4.4 gpt gold over 17.8 metres. The program has successfully extended the Main Zone by 50 metres westward between 770 and 860 vertical metres below surface, demonstrating excellent grade and width continuity.

Canadian Gold Corp. (TSXV: CGC) has announced initial results from its Phase 3 Drill Program at the Tartan Mine near Flin Flon, Manitoba. The program has successfully extended high-grade mineralization along the western limits of the Main Zone (MZ) and discovered a potential new parallel zone 100 metres south of the MZ. Key highlights include:

1) An intersection of 7.3 gpt gold over 7.0 metres, including 12.0 gpt gold over 3.0 metres in drill hole TLSZ24-29W2, extending the zone 27 metres west and down plunge.

2) Discovery of a potential new zone returning 6.0 gpt gold over 3.0 metres including 15.9 gpt gold over 1.0 metres, located 475 metres below surface.

The company is preparing to update its mineral resource estimate and conduct a new Preliminary Economic Assessment (PEA) study, incorporating results from approximately 21,000 additional metres of drilling.

Canadian Gold Corp. (TSXV: CGC) has announced an exploration update on its Hammond Reef South property in Ontario. Key highlights include:

1. A new surface sample returned 11.6 gpt gold, expanding a recently discovered high-grade zone.
2. The company has been approved for an Ontario Junior Exploration Program (OJEP) grant, providing funding for 50% of exploration expenditures up to $200,000.
3. A stock work vein system with a minimum strike length of 80 metres and widths up to 20 metres was identified.
4. The project has outlined a potential 6.7 km gold trend through the property.
5. An induced polarization (IP) survey is planned for late fall to identify areas of increased sulphide associated with gold mineralization.

Canadian Gold Corp. (TSXV: CGC) has made a significant gold discovery at its Hammond Reef South Project in Ontario, adjacent to Agnico Eagle's Hammond Reef Deposit. Surface sampling returned high-grade gold assays of 35.4 g/t and 7.1 g/t, revealing a new zone approximately 2 km from Agnico Eagle's project. The discovery is part of a 6.7 km trend of gold mineralization across the property.

Key points:

• Exploration permit approved on July 24, 2024, allowing for drilling and trenching
• Company applied for Ontario Junior Exploration Program grant for 50% reimbursement of expenses up to $200,000
• Follow-up field work scheduled to begin immediately
• Gold mineralization found in large gossanous shear-hosted quartz vein with up to 10% sulphides

Canadian Gold Corp. (TSXV: CGC) has commenced its Phase 3 Drill Program at the Tartan Mine property near Flin Flon, Manitoba. The program's initial focus is on expanding the Hanging Wall Zone (HWZ) and Main Zone. Previous drilling in the HWZ returned significant results, including 23.8 gpt gold over 12.6 metres and 20.6 gpt gold over 5.7 metres. The Main Zone's most important hole yielded 4.2 gpt gold over 53.7 metres, the longest intercept in the mine's history. The company believes expanding these zones is important for unlocking value at the Tartan Mine. Funding for this program comes from a recently completed private placement offering.