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Canary Gold Provides Update on Exploration Progress at Madeira River Project, Rondonia and Corporate Milestones
October 2nd, 2025 – TheNewswire - Vancouver, Canada – Canary Gold Corp. (“Canary” or the “Company”) is pleased to provide an update on exploration activities ac
About this update from Canary Gold Corp.
[{"type":"text","content":"October 2nd, 2025 – TheNewswire - Vancouver, Canada – Canary Gold Corp. (“Canary” or the “Company”) is pleased to provide an update on exploration activities across its Madeira River Project in Rondônia, Brazil, as well as recent corporate achievements that position the Company for its next phase of growth. Exploration Progress Since its successful IPO one year ago, Canary has focused on building a solid foundation for long-term success, including the establishment of a fully operational exploration team and an in-house sample preparation facility in Porto Velho. With this infrastructure in place, the Company has completed two initial drilling campaigns which support the targeted geological concepts across a wide search space encompassing the Company’s large prospective landholding. Aircore Drilling Campaign – A 1,950m aircore drilling program was completed over a small portion of the extensive tenement package. The program intersected the target stratigraphic horizon known to host the auriferous Mocururu layers. Sonic Drilling Campaign – A 457m sonic drilling program tested conceptual geophysical targets while also providing continuous intact samples through the unconsolidated and semi-consolidated target stratigraphic horizon from surface. Panning of selected samples resulted in the visual observation of gold particles in heavy mineral concentrates. It must be noted that visual observations of gold in pan concentrates are not representative of grade or volume and should not be considered indicative of economic mineralization. These observations are considered an early, qualitative indicator that warrants further quantitative analysis. Canary has initiated collaboration with Overburden Drilling Management (ODM), a Canadian heavy mineral specialist, to begin characterization of gold in heavy mineral concentrates. This work, while in early stages, is critical to developing robust and repeatable procedures for sample collection, processing, and economic assessment—key steps in evaluating project economics. Encouraged by these early results and leveraging its first-mover advantage in this underexplored but promising region, Canary is now committing to a major drilling investment across its expanding tenement portfolio. In para...