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Canadian Gold Resources Reports Drill Results Confirming Continuity of Mineralization at The Baker Vein
Dieppe, New Brunswick--(Newsfile Corp. - April 6, 2026) - Canadian Gold Resources Ltd. (TSXV: CAN...
About this update from Canadian Gold Resources Ltd.
[{"type":"text","content":"Canadian Gold Resources Reports Drill Results Confirming Continuity of Mineralization at The Baker VeinDieppe, New Brunswick--(Newsfile Corp. - April 6, 2026) - Canadian Gold Resources Ltd. (TSXV: CAN) (\"Canadian Gold\" or the \"Company\") is pleased to report initial results from its completed diamond drilling program at the Lac Arsenault Project located in the Gaspé Peninsula, Québec.The drill program was designed to test the presence and geometry of gold mineralization at depth and along strike within the Baker vein system, including beneath the area targeted for the planned bulk sample. A total of ten (10) drill holes were completed in three fan configurations with varying dips designed to test the geometry of the mineralized structure.HighlightsLAC-25-BM-001: 19.5 g/t Gold and 47.0 g/t Silver over 1.0 metre beginning 30.35 metres downhole and 1.89 g/t Gold over 1.3 metres beginning 40 metres downhole (previously reported) LAC-25-BM-002: 7.01 g/t Gold over 1.2 metres beginning 42.25 metres downhole LAC-25-BM-003: 4.00 g/t Gold and 7.00 g/t Silver over 1.45 metres beginning 49.15 metres downhole LAC-25-BM-008: 8.63 g/t Gold and 70.00 g/t Silver over 0.25 metres beginning 50.15 metres downhole LAC-25-BM-009: 5.32 g/t Gold and 33.00 g/t Silver over 0.3 metres beginning 53.2 metres downhole LAC-25-BM-010: 15.00 g/t Gold and 95.00 g/t Silver over 0.4 metres beginning 50.9 metres downhole Management CommentaryRon Goguen, President and CEO of Canadian Gold Resources, commented:\"These results represent an important step in advancing our understanding of the Baker vein system. The program was specifically designed to test the geometry of the vein through fan drilling, and the results provide valuable information to guide future work, including the continued evaluation of the planned bulk sample area.\"A total of ten (10) drill holes were completed in three fan configurations, oriented generally between 298° and 306° azimuth (true north), except for hole LAC-25-BM-010, which was oriented at 283°, with varying dips designed to test the geometry and continuity of the mineralized structure:Holes 1, 2, and 3 were drilled as a fan at dips of 45°, 60°, and 70°, respectively Holes 4, 5, and 6 were collared approximately 20 metres southwest along strike from Holes 1-3 Holes 7, 8, 9, and 10 were collar...