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Canagold Announces Positive Antimony Concentrate Production Results for the New Polaris Project Grading 59.1% Sb and 98.3 gpt. Au
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Canagold Resources Ltd. (TSX: C...
About this update from Canagold Resources Ltd
[{"type":"text","content":"Canagold Announces Positive Antimony Concentrate Production Results for the New Polaris Project Grading 59.1% Sb and 98.3 gpt. AuVancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) (\"Canagold\" or the \"Company\") is pleased to announce positive results from antimony (Sb) flotation testing for its 100% owned New Polaris gold-antimony project located in northwest British Columbia, Canada.Antimony Flotation Locked Cycle Test ResultsHigh quality and High recovery Sb-Au ConcentrateSb-Au Concentrate assaying 59.1 % Sb and 98.3 gpt Au93.1 % Sb recovery in Sb-Au concentrate and overall, 91.8% Au recovery in the combined Au and Sb-Au concentrates\"The Feasibility Study (\"FS\") completed in July 2025 has already demonstrated exceptional economics, with low Capex and low AISC for the New Polaris Gold-Antimony Project,\" stated Canagold's Chief Executive Officer, Catalin Kilofliski. \"Although antimony mining was included in the FS, no revenue from antimony has been accounted for at this stage. These new results highlight the project's ability to produce a very high-grade gold-antimony concentrate, which has the potential to create significant additional value on top of the already outstanding economics.\"Table 1: Antimony Locked Cycle Flotation ResultsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11878/268594_a2325c5da452ea50_002full.jpgFlotation testing commenced in April 2025 at Blue Coast Research Ltd. in Parksville, B.C., utilizing a 110-kilogram composite sample derived from 47 diamond drill core samples across 17 drill holes in the high-grade antimony zone. This zone is delineated in the January 22, 2025, resource model, referenced in the Image 1 below:Image 1. Antimony Mineralization Plan ViewTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11878/268594_a2325c5da452ea50_003full.jpgCritical Metals/AntimonyA total of 5,630 tonnes of Sb grading 0.6% is included in the Company's Indicated MRE dated April 2, 2025A total of 5,173 tonnes Sb is included in the FS mine plansThe Feasibility Study does not currently account for any revenue from antimony, as the process flowsheet outlined in the study was specifically designed to produce a bulk sulphide concentrate.While ...