Canadian Gold Resources Identifies Major Structural Targets from Magnetic Survey at VG Boulder Property, Quebec
03 Abril 2025 - 10:00AM
Canadian Gold Resources Ltd. (“Canadian Gold” or the “Company”)
(TSX.V: CAN), a Canadian exploration company focused on high-grade
gold projects within Quebec’s prolific Gaspé Gold Belt, is pleased
to announce the preliminary interpretation of data from its
recently completed airborne magnetic survey at the wholly-owned VG
Boulder Property, located on Quebec’s Gaspé Peninsula.
Survey Highlights:
- Identification of multiple
major fault structures, notably the precise delineation of the
Grand Pabos Fault and the Rivière Garin Fault, and the delineation
of a second major structure parallel to the Grand
Pabos Fault.
- Key structural intersections, including where the Grand
Pabos and Rivière Garin Faults converge on the VG Boulder Property,
along with significant splay structures that could host
concentrated zones of mineralization.
- Correlation of major
structural targets with historical high-grade mineral showings,
enhancing regional geological understanding and mineralization
continuity across the Company's land holdings, including the
Robidoux and Lac Arsenault projects.
Figure 1. First Vertical Derivative data (FVD) magnetic data
with interpreted structures.
Mark Smethurst, P.Geo., Director and Geologist at
Canadian Gold, noted:
“The structural intersections revealed by this survey represent
prime exploration targets. Such intersections often lead to intense
fracturing and faulting, creating ideal geological conditions for
significant gold and silver deposits. The identification of
parallel structures to the Grand Pabos Fault suggests high
potential zones of shearing and associated mineralization that
warrant follow-up exploration.”
“The compelling structural interpretations from this survey
along with the known favourable lithologies at VG Boulder
underscores the exceptional exploration potential on Canadian
Gold’s claims which cover 35km of the Grand Pabos Fault system,”
stated Ronald Goguen, Chairman, President & CEO of
Canadian Gold. “Identifying clear structural continuity
greatly increases our confidence that the Company will uncover
additional targets of high-grade gold and silver mineralization,
and reinforces our strategic vision to create substantial value for
our shareholders within the Gaspé Gold Belt.”
Historical mineral showings referenced in Figure 1 are
documented from previous exploration filed with Ressources
naturelles et Forêts (e.g., report GM56965). While these historical
grades have not been independently verified by Canadian Gold and
should not be considered indicative of current or future mineral
resources, they align closely with the newly interpreted
structures, highlighting the region’s considerable exploration
upside.
The Company will integrate these geophysical findings with
ongoing field mapping, targeted sampling programs, and a
comprehensive review of historical exploration data to further
define high-potential drill targets at VG Boulder, Lac Arsenault,
and adjacent properties.
Qualified PersonMark T. Smethurst, P.Geo., a Director of
Canadian Gold Resources and a Qualified Person as defined by
National Instrument 43-101, has reviewed and approved the technical
content of this news release.
About Canadian Gold Resource Ltd.Canadian Gold Resources Ltd.
(TSXV: CAN) is a Canadian exploration company focused on developing
high-grade gold projects in the Gaspé Gold Belt of Quebec. The
Company targets under-explored, past-producing properties with
significant growth potential, leveraging modern exploration
techniques to unlock value. With a team of experienced
professionals and a commitment to sustainability and community
engagement, Canadian Gold Resources is well-positioned to
capitalize on opportunities within this historic and promising gold
region. For more information, visit www.cdngold.com.
For further information, please contact: Ronald GoguenChairman,
President & CEOCanadian Gold Resources
Ltd.rongoguen@cdngold.com 506-383-4274
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) has reviewed or accepts responsibility for the
adequacy or accuracy of this release.
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and
content of upcoming work programs, geological interpretations,
receipt of property titles, potential mineral recovery processes,
etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/03da596a-44ee-4359-991d-bfee6da6e7c6
Canadian Gold Resources (TSXV:CAN)
Gráfico Histórico do Ativo
De Jun 2025 até Jul 2025
Canadian Gold Resources (TSXV:CAN)
Gráfico Histórico do Ativo
De Jul 2024 até Jul 2025