
Canagold Resources Ltd. (TSX:CCM) – Notable News
April 22, 2022 Canagold Resources Ltd. (TSX:CCM, BUY, C$1.85 target, Taylor Combaluzier) reported assays from six holes completed at its 100%-owned, New Polaris project in
April 22, 2022 Canagold Resources Ltd. (TSX:CCM, BUY, C$1.85 target, Taylor Combaluzier) reported assays from six holes completed at its 100%-owned, New Polaris project in
We are initiating coverage on Canagold Resources with a BUY rating and C$1.85/sh target price representing 421% lift from the current share price. Canagold is focused on advancing its 100%-owned New Polaris Au project in northwestern BC. New Polaris is a past-producing operation that benefits from existing infrastructure, including ten levels of underground workings. The project is well advanced, with a ~1.0M oz (I+I) high-grade resource and a positive PEA outlining robust economics. The company is aiming to materially expand this resource through approximately 30,000m of drilling followed by the commencement of a Feasibility Study. Considering Canagold’s relatively low market capitalization, we believe the market has yet to recognize New Polaris’ potential of becoming one of the world’s highest-grade Au mines once up and running.
March 22, 2022 Canagold Resources Ltd. (TSX:CCM, Not Rated, Taylor Combaluzier) announced additional results from its 2021 47-hole (24,000m) drill program at its 100%-owned New
Yesterday, Red Cloud hosted the second of its three-day 2022 Very Pre-PDAC Mining Showcase, which featured 32 presenting companies and a fireside chat with Ross Beaty, Chairman of Equinox Gold Corp. Over 1,750 participants have registered for the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event (see our Day One recap here). If you would like to attend Day Three of Red Cloud’s 2022 Very Pre-PDAC Conference, register here. Replays are available on the Red Cloud website.
March 3, 2022 Canagold Resources Ltd. (TSX:CCM, Not Rated, Taylor Combaluzier) announced results from a deep exploration drill hole and two wedge holes that successfully intersected
February 25, 2022 Canagold Resources Ltd. (TSX:CCM, Not Rated, Taylor Combaluzier) announced assays for an additional six drill holes from its 100%-owned New Polaris project
January 27, 2022 Canagold Resources Ltd. (TSX:CCM, Not Rated, Taylor Combaluzier) reported assays for five additional drill holes from its 100%-owned New Polaris Au project
January 20, 2022 Canagold Resources Ltd. (TSX:CCM, Not Rated, Taylor Combaluzier) announced it has closed the second and final tranche of its non-brokered, oversubscribed private placement
January 13, 2022 Canagold Resources Ltd. (TSX:CCM, Not Rated, Taylor Combaluzier) released highlights from its 2021 activities and outlined its plans for 2022 to advance
at its 100%-owned New Polaris Au project in NW BC. Two holes returned multiple high-grade Au intercepts over significant widths in the C West Main (CWM) vein, as well as in two parallel hanging wall veins (C9 and C10) and include some of the best intercepts we have seen from CCM to date. In our view, these results should allow CCM to upgrade and expand the existing ~1.1M oz (I+I) resource at New Polaris, which bodes well for a future FS.