Business
Canadian Gold Resources Uncovers High-Grade Gold-Silver Mineralization in Surface Sampling at Lac Arsenault Four Best Samples Return Grades up to 28.9 g/t Gold and 452 g/t Silver
Dieppe, New Brunswick--(Newsfile Corp. - July 9, 2025) - Canadian Gold Resources Ltd. (TSXV: CA...

About this update from Canadian Gold Resources Ltd.
[{"type":"text","content":"Canadian Gold Resources Uncovers High-Grade Gold-Silver Mineralization in Surface Sampling at Lac Arsenault Four Best Samples Return Grades up to 28.9 g/t Gold and 452 g/t SilverDieppe, New Brunswick--(Newsfile Corp. - July 9, 2025) - Canadian Gold Resources Ltd. (TSXV: CAN) (\"Canadian Gold\" or the \"Company\") is pleased to report exciting new surface sampling results from its 100%-owned Lac Arsenault Property, located in Québec's underexplored Gaspé Peninsula. This latest fieldwork, conducted in early June 2025, focused on exposing and sampling the Baker and Mersereau veins-two primary structures central to the Company's upcoming bulk sample program.High-grade assay results continue to validate Lac Arsenault's strong potential to host a precious metals system, while also identifying new zones of mineralization in previously overlooked areas.Sampling Highlights Sample BVA2025-004: 28.9 g/t gold, 306 g/t silverSample BVA2025-006: 22.9 g/t gold, 399 g/t silver, 17.8% leadSample Mersereau (unnumbered): 25.5 g/t gold, 447 g/t silver, 18.4% leadSample BVA2025-008: 5.32 g/t gold, 452 g/t silver, 25.7% leadThese grades are significant for surface sampling and support the near-surface potential for bulk-tonnage extraction.Figure 1: Samples Maps at Baker Vein and Mersereau VeinTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11663/258245_6cc8655034fdbb8c_002full.jpgExploration Program SummaryThe June 2025 program included mechanical trenching and sampling along the Baker and Mersereau veins. In addition to confirming historical data, new assays revealed broader zones of high-grade gold, silver, and lead mineralization than previously recognized.Importantly, three samples from Type-4 veins-historically considered \"poor in metals\"-returned mineralization of economic interest. For example, Sample BV2025-002 returned:1.29 g/t gold39.0 g/t silver1.04% zinc\"We consider these sample results to be significant.\" said Mark Smethurst, P.Geo., VP Exploration for Canadian Gold Resources. \"Not only have we confirmed high-grade gold and silver in our primary structures, but we're now seeing mineralization in areas that had be previously written off by prior operators. This discovery opens new potential across the property and puts us in a strong position as we advance toward bulk sampling...