Canagold Resources Ltd · TSX:CCM

Canagold Resources — Investor Presentation (July 2022)

23 slides from Canagold Resources's investor presentation, July 2022

  1. Slide 1: Investor Presentation Q3 2022

    INVESTOR PRESENTATION Q3 2022 | TSX: CCM | OTC: CRCUF Canagoldresources.com | TSX: CCM OTC: CRCUF 1

  2. Slide 2: Disclaimer

    DISCLAIMER Certain statements contained herein regarding the inherent in the estimation of mineral reserves and Company and its operations constitute “forward- resources, fluctuations in the costs of goods and looking statements” within the meaning of the services, problems associated with explorati

  3. Slide 3: Investor Highlights

    INVESTOR HIGHLIGHTS Rebirth of the Robust High Grade Safe Mining Company Development Jurisdictions New name, New director, New VP New Polaris robust PEA Safe mining friendly jurisdictions Exp, New structure, New financing Advancing towards Feasibility Nevada (USA) and BC (Canada) Strong cash positio

  4. Slide 4: Investor Information

    INVESTOR TSX OTCQB FRA INFORMATION CCM CRCUF CANA SHARES OUTSTANDING WARRANTS OPTIONS 86.6 M 11.5 M 6.6 M (at $0.65 to Nov. 2022) CURRENT SHARE PRICE CURRENT MARKET CAP CASH & EQUIVALENT C$0.29 C$25.1 M C$2 M Top 5 Shareholders Hold 40%: Sun Valley, Ruffer Gold Fund, Bradford Cooke (Chairman) and HN

  5. Slide 5: Experienced Management

    EXPRERIENCED MANAGEMENT CEO Chairman & Founder President & COO Scott Eldridge Bradford Cooke Garry Biles BBA, MBA M.Sc, P. Geo. P. Eng. Experienced executive involved in the Professional geologist with over 40 years Professional engineer with more than 40 acquisition, exploration, development and ex

  6. Slide 6: Board of Directors

    BOARD OF DIRECTORS Director Director Deepak Malhotra Martin Burian PHD CA, CBV Metallurgical Engineer and Mineral Economist Chartered Accountant and Chartered with over 40 years experience having worked Business Valuator with over eighteen years on over 50 gold projects throughout the world. of inve

  7. Slide 7: Core Assets

    NewPolaris,BC Vancouver, CORE ASSETS BC BRITISH COLUMBIA 100% owned New Polaris Gold Mine in north-western BC Fondaway, NV NEVADA Portfolio including 100% owned Fondaway Canyon Gold Project (optioned to Getchell) Canagoldresources.com | TSX: CCM OTC: CRCUF 7

  8. Slide 8: New Polaris Advanced Gold Mine Project

    NEW POLARIS ADVANCED GOLD MINE PROJECT • Production History - 232,000 oz from 1938-42, 1946-51 • 1 million oz Resource* - see slide 10 for details • High Grade - average 10.3 gpt gold • Robust Economics at $1,500 gold (May 2020 PEA): After-tax IRR 56%, NPV US$333M, Payback 1.9 years • Key to unlock

  9. Slide 9: New Polaris Location & Access

    NEW POLARIS LOCATION & ACCESS LOCATION North-western BC, 60 km NE of Juneau, Alaska and 100 km south of Atlin, BC INFRASTRUCTURE 1,500 ft and 4,500 ft (1,370 m) airstrips, road to barge landing, barge access to tidewater, 20 person exploration camp with active permit PROPERTY 61 crown grants and 1 c

  10. Slide 10: New Polaris High Grade Gold Resources

    NEW POLARIS HIGH GRADE GOLD RESOURCES Indicated Au Cutoff Grade Tonnage Au Average Grade Au Contained (g/tonne) (Ktonnes) (gpt) (Koz) 2 1,880 10.0 605 3 1,798 10.4 599 4 1,687 10.8 586 5 1,556 11.3 567 6 1,403 12.0 540 7 1,260 12.6 509 8 1,105 13.3 472 9 947 14.1 428 Inferred Au Cutoff Grade Tonnage

  11. Slide 11: New Polaris Current Drill Program

    NEW POLARIS CURRENT DRILL PROGRAM • Completed 30,000m expanded program • 2 diamond rigs stored on site • All 54 drill hole sample assay results released • Lab turnaround time has improved Troy Gill, • Announcement of parallel vein intercepts VP Exploration including 17.1 gpt over 8.4m Holding 50.1 g

  12. Slide 12: Resources Open at Depth

    NEW POLARIS RESOURCES OPEN AT DEPTH Select Drill Highlights Width (m) Grade (Au g/t) 25.1 13.6 6.6 34.4 6.2 44.7 8.0 31.9 12.4 16.1 • Completed 30,000m infill and exploration drilling program (June 2021-March 2022) • Included two deep holes testing down dip extension • Infill drill program extended

  13. Slide 13: New Polaris Gold Mine Site Map - Infill Drill Holes

    Site Map - Infill Drill Holes UTM NAD83 Zone 8 NEW POLARIS GOLD MINE Canagoldresources.com | TSX: CCM OTC: CRCUF 13

  14. Slide 14: Canagoldresources.com | TSX: CCM OTC: CRCUF

    Canagoldresources.com | TSX: CCM OTC: CRCUF 14

  15. Slide 15: Canagoldresources.com | TSX: CCM OTC: CRCUF

    Canagoldresources.com | TSX: CCM OTC: CRCUF 15

  16. Slide 16: Canagoldresources.com | TSX: CCM OTC: CRCUF

    Canagoldresources.com | TSX: CCM OTC: CRCUF 16

  17. Slide 17: Canagoldresources.com | TSX: CCM OTC: CRCUF

    Canagoldresources.com | TSX: CCM OTC: CRCUF 17

  18. Slide 18: Mesothermal Gold Deposits

    MESOTHERMAL GOLD DEPOSITS 1,000m 2,000m NEW POLARIS Red Lake Hemlo Timmins Kirkland Lake Canagoldresources.com | TSX: CCM OTC: CRCUF 18

  19. Slide 19: New Polaris Gold Mine Grade

    NEW POLARIS GOLD MINE GRADE • 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 becoming e

  20. Slide 20: New Polaris Robust PEA

    NEW POLARIS ROBUST PEA Scheduled Resources 1,686,000 tonnes Indicated& 1,483,000 tonnes Inferred Grade 10.3 grams per tonne (diluted 20%) Production 750 tonnes per day Rate Recoveries Internal Rate of Return (After Tax) 90.5% 56% Output 80,000 oz gold per annum into dore bars Minelife NPV (5%) 8.7 y

  21. Slide 21: Peer Comparison

    PEER COMPARISON Source: Company Websites as of April 26, 2022, most recent Financials filed on SEDAR Canagoldresources.com | TSX: CCM OTC: CRCUF 21

  22. Slide 22: Why Invest in Canagold?

    WHY INVEST IN CANAGOLD? Excellent Relative Seeking New Advancing Company Led by Strong Cash Valuation Upside Acquisitions New Polaris Experienced Position Potential Management & Board EV per Global Analyzing Infill Drilling and Geologists, Approximately CAN Resource Ounce opportunities with Feasibil

  23. Slide 23: Thank You!

    THANK YOU! CANAGOLD RESOURCES LTD. Knox Henderson, VP Corporate Development Suite 810 - 625 Howe Street TSX: CCM OTC: CRCUF Vancouver, BC V6C 2T6 knox@canagoldresources.com +1 604.416.0337 www.canagoldresources.com Canagoldresources.com | TSX: CCM OTC: CRCUF 23

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