Canagold Resources Ltd · TSX:CCM
Canagold Resources — Investor Presentation (November 2024)
25 slides from Canagold Resources's investor presentation, November 2024
Slide 1: Advancing Western Canada's Highest Grade Gold Project to Feasibility & Permitting
Advancing Western Canada’s Highest Grade Gold Project to Feasibility & Permitting CORPORATE PRESENTATION Q4 2024 | TSX: CCM | OTC: CRCUF 1
Slide 2: Disclaimer
Disclaimer Certain statements contained herein regarding the inherent in the estimation of mineral reserves and resources, Company and its operations constitute “forward-looking fluctuations in the costs of goods and services, problems statements” within the meaning of the United States associated w
Slide 3: Why Invest in Canagold?
Why Invest in ? Advancing Excellent Relative Major Shareholder New Polaris to Company Led by Strong Local Valuation Upside Support Feasibility with Experienced Management & Board Support Potential Permitting Feasibility and Geologists, Engineers Strong Financial Engagement with EV per Global Permitt
Slide 4: Investor Information
Investor Information TSX OTCQB FRA CCM CRCUF CANA SHARES OUTSTANDING DSU/RSU OPTIONS 173.6 M 1.5 M/1.4 M 900 K RECENT SHARE PRICE CURRENT MARKET CAP ONE YEAR CHART Sept,25 2024| Source: Stockwatch C$0.34 C$60.0 M Top Shareholder: Sun Valley Investments (48.5%) Analyst Coverage: Taylor Combaluzier, R
Slide 5: Experienced Management
Experienced Management Catalin Kilofliski Mike Doyle Garry Biles M.Sc, M.Eng P. Eng. CEO Chief Technical President & COO Officer 25+ years of leadership and extensive expertise Geologist and engineer with over 35 years global Engineer with 40+ years experience.16 years as in mining, senior managemen
Slide 6: Board of Directors
Board of Directors Director, Chair Director Director Sofia Bianchi Dr. Carmen Letton Andrew Trow BA PhD B. Comm. 13 years of board experience in multiple private “100 Global Inspirational Women in Mining.” P. Eng. with 35 Chartered Accountant with 15 years in financial and public companies. Former C
Slide 7: New Polaris Advanced High Grade Gold Mine Project
NEW POLARIS Advanced High Grade Gold Mine Project • Production History - 232,000 oz from 1938-42, 1946-51 • Current resources 1.03 M oz Au indicated * (see Resource slide 10) • High Grade - average 12.75 gpt gold • Feasibility study advancing with Ausenco Engineering • Detailed Project Description a
Slide 8: New Polaris Location and Access
NEW POLARIS Location and Access LOCATION Northwestern BC, 60 km NE of Juneau, Alaska and 100 km south of Atlin, BC within the Taku River Tlingit First Nation traditional territory – 250 km by road from Atlin to Skagway Port, Alaska INFRASTRUCTURE 1,500 ft airstrip, 20 person exploration camp with ac
Slide 9: High Grade Gold Resources
NEW POLARIS High Grade Gold Resources New Polaris - Resource Estimate, effective date: April 20, 2023 and Comparison to 2019 PEA • 2021-22 drill program includes some of the highest grade-width reported in the history of the project, and a 2023 Resource 2019 Resource Difference as a Percent: build o
Slide 10: Exploration
NEW POLARIS Exploration 2024 Exploration: 12,000m targeting high-grade historical North Zone Historical * Drill Highlights North Zone/ Grade Width (m) Hole # (Au g/t) 475 (1940’s) 26.2 4.3 PT9760 (1997) 16.7 1.6 PT9618 (1996) 11.9 22.1 *True widths have not been determined. Further drilling is requi
Slide 11: Resource Expansion Drill Results
NEW POLARIS Resource Expansion Drill Results Drill Highlights (July 18, 2024) North Zone/ Grade Width From Hole # (Au g/t) (m) (m) NP24-01 14.5 3.8 108.8 including 21.4 1.7 108.8 NP24-01 12.9 3.8 206.5 NP24-02 10.6 5.0 109.0 including 17.6 3.0 109.0 NP24-04 13.2 2.6 78.7 within 8.6 9.8 75.0 NP24-04
Slide 12: Resource Expansion Drill Results
NEW POLARIS Resource Expansion Drill Results Drill Highlights (Aug 29, 2024) North Zone/ Grade Width From Hole # (Au g/t) (m) (m) NP24-09 20.2 4.4 121.6 including 26.9 3.0 123.0 NP24-28 18.3 4.5 69.8 including 33.6 2.0 72.3 NP24-11 14.9 2.1 106.7 including 30.1 1.7 106.7 NP24-25 12.4 3.2 213.3 inclu
Slide 13: Grade vs Global Average
NEW POLARIS Grade vs Global Average • Grade is King: Higher Grades = Richer Ore • In combination with lowest quartile AISC • Industry average AISC = $900 - $1,100/oz • New Polaris Gold Grades are 7.6 X Higher Than Global Average* • Average grades are decreasing with time • High-Grade deposits are be
Slide 14: Mesothermal Gold Deposits
Mesothermal Gold Deposits 1,000m 2,000m NEW POLARIS Red Lake Hemlo Timmins Kirkland Lake Potential for resource expansion at depth 14
Slide 15: New Polaris Sustainability & Community Engagement
Opening Ceremonies at the HAA KUSTEEYÍ Celebration in ÁATLEIN (Atlin) BC • Canagold establishes office in Atlin in June NEW POLARIS • Canagold attended Haa Kusteeyi (Our Way of Life) event in July hosted by Sustainability & Taku River Tlingit • TRT members of the Technical Working Group brought to s
Slide 16: New Polaris Permitting
NEW POLARIS PERMITTING • Officially entered the BC Environmental Permitting process in March 2023 • Community engagement, information sharing, consultation sessions completed in May and June, 2023 • Detailed project description submitted to BC Environmental Assessment Office • Canagold and the Taku
Slide 17: New Polaris Project Timeline
NEW POLARIS Project Timeline Additional Near-Surface Permitting Near Completion Feasibility and Permitting Resource Drilling Financing Decisions Advances Feasibility, Permitting and Environmental Work 2024 2025 2026 17
Slide 18: Appendix
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Slide 19: CWM Vein-Plan View
4.9 m @ 10.47 g/t 4.9 m @ 7.68 g/t N 9.0 m @ 17.92 g/t S CWM Vein-Plan View 7.8 m @ 21.17 g/t 1.7 m @ 22.84 g/t 7.85 m @ 15.38 g/t 4.0 m @ 21.28 g/t 1.74 m @ 11.59 g/t 19
Slide 20: Parallel Zones
NEW POLARIS Parallel Zones LEGEND S N West Main C Vein East Low C Vein East High C Vein - C9 Vein 100 m C10 Vein Overburden - 200 Bedrock m 8.10 gpt over 9.9 m Drill Hole - Planned Hole 300 m 0 100 11.0 gpt over 8.9 m 17.1 gpt over 8.4 m Meters - Scale 1 : 2 000 400 m Section 1875mE 11.1 gpt over 17
Slide 21: C10 Vein-Plan View
N 8.0 m @ 7.12 g/t 8.4 m @ 17.13 g/t S 5.75 m @ 12.29 g/t 7.55 m @ 4.44 g/t 13.15 m @ 13.00 g/t C10 Vein-Plan View 5.05 m @ 4.99 g/t 2.10 m @ 25.71 g/t 0.55 m @ 4.62 g/t 4.90 m @ 5.74 g/t 21
Slide 22: C10 Vein-Plan View
N 6.76 m @ 7.44 g/t S 1.0 m @ 3.78 g/t 14.05 m @ 7.46 g/t C10 Vein-Plan View 3.0 m @ 14.54 g/t 10.29 m @ 8.01 g/t 4.50 m @ 7.88 g/t 22
Slide 23: Y-Vein Drilling
NEW POLARIS Y-Vein Drilling 23
Slide 24: Y19-Y20 Drilling
Y19-Y20 Drilling Cross Section 1200 Cross Section 1250 24
Slide 25: Y19-Y20 Drilling
Y19-Y20 Drilling Cross Section 1300 Cross Section 1350 Cross Section 1400 25
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