Canagold Resources Ltd · TSX:CCM
Canagold Resources — Investor Presentation (July 2025)
20 slides from Canagold Resources's investor presentation, Jul 21, 2025
Slide 1: Building One of the World's Highest Grade Gold-Antimony Mine
BUILDING ONE OF THE WORLD’S HIGHEST GRADE GOLD-ANTIMONY MINE CORPORATE PRESENTATION Q3 2025 | TSX: CCM | OTC-QB: 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: New Polaris - World Class Gold & Antimony Mine
New Polaris - World Class Gold & Antimony Mine Significant Gold High Gold Low Operating Production Grade Costs ~100,000 gold ounces will be 9.94 gpt Reserves Mine US $1,247per oz AISC produced annually in years 2-8 Grade Low Initial Solid Antimony CAPEX Ownership Production Potential Projected initi
Slide 4: Robust Project Economics @ 3,300 Au (Spot) Price
Robust Project Economics | @ 3.300 Au (Spot) Price Payback (Years) Annual Financial Metrics at Spot Au Price US$3,300 2.9 2.4 1.7 47.3% $389 Million $271 Million IRR NPV (5%) $C 30.9% Annual Revenue Annual EBITDA $793 Mil NPV $425 Mil 23.5% NPV $287 Mil $138 Million $1.15 Billion NPV Annual after-ta
Slide 5: Robust Project Economics @ 2,500 Au (Base) Price
Robust Project Economics | @ 2.500 Au (Base) Price Payback (Years) Annual Financial Metrics at Base Case Au Price US$2,500 2.9 2.4 1.7 47.3% $294 Million $177 Million IRR NPV (5%) $C 30.9% Annual Revenue Annual EBITDA $793 Mil NPV $425 Mil 23.5% NPV $287 Mil $78 Million $649 Million NPV Annual after
Slide 6: 2025 Feasibility Parameters @ $2,500 Au
2025 Feasibility Parameters @ $2,500 Au New Polaris Project FS Parameters Operating Costs Per Tonne – Cont’d Base Case Economic Assumptions Processing Cost ($/t Milled) $64 Gold Price (US$/oz ) $2,500 G&A Cost (C$/t Milled) $68 Exchange Rate (C$/US$) 0.725 Total Operating Costs ($/t Milled) $267 Dis
Slide 7: Production Profile
Production PROFILE ~100,000 oz Average Annual Gold Production Years 2-8 9.94 gpt gold Average Gold Grade US $997/oz Au Cash Cost US $1,247/oz Au All In Sustaining Cost • Cash costs are inclusive of mining costs, processing costs, site G&A, off-site charges and royalties • AISC includes total cash co
Slide 8: Plans for Unlocking the Antimony Value
PLANS FOR UNLOCKING THE ANTIMONY VALUE • A total of 5,630 tonnes of Sb grading 0.6% is included in the Company’s MRE estimated dated April 2, 2025 • A total 5,173 tonnes Sb is included in the FS mine plans • The current FS does not yet include any revenue contribution from antimony. This is because
Slide 9: Underground Mining Overview
Underground Mining Overview • Ramp accessed underground mine to 740 meters depth. • Tonnes Mined: • Ore 2.8 million tonnes • Waste 1.8 million tonnes Two Mining Methods used: • Mechanized cut-and-fill mining in narrower parts of the orebody (60% ). • Sublevel long-hole mining in wider parts of the o
Slide 10: New Polaris NI 43-101 Mineral Reserves & Resources
NEW POLARIS NI 43-101 Mineral Reserves & Resources 10
Slide 11: Project Value Enhancement Opportunities & Clean Energy
Project Value Enhancement Opportunities & Clean Energy Opportunities to Enhance Project Value and Reduce Carbon Footprint The 2025 FS clearly demonstrates that New Polaris is an economically viable project. Several key opportunities have the potential to significantly increase the economic value of
Slide 12: Mesothermal Gold Deposits vs New Polaris Gold Deposit
Mesothermal Gold Deposits vs New Polaris Gold Deposit 1,000m 2,000m NEW POLARIS Red Lake Hemlo Potential for Timmins Kirkland Lake resource expansion at depth 12
Slide 13: New Polaris Location & History
NEW POLARIS Location & History New Polaris Mine Site 1950s 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 HISTORICAL PRODUCTION • Production Histor
Slide 14: New Polaris Community Engagement
NEW POLARIS Community Engagement Opening Ceremonies at the HAA KUSTEEYÍ Celebration in ÁATLEIN (Atlin) BC • Canagold has maintained a long-standing and respectful relationship with the TRTFN, having operated within their traditional territory since 1990 • In February 2023, Canagold and the TRTFN est
Slide 15: Permitting
PERMITTING • Officially entered the BC Environmental Permitting process in March 2023 • Collaborative agreement signed with the Taku River Tlingit First Nation (TRTFN) in March 2023 • Detailed project description submitted to BC Environmental Assessment Office ( BCEAO ) In July 2024 • Process Order
Slide 16: Project Timeline
Project Timeline Permitting Near Completion Feasibility Completed July 2025 Additional Antimony & Clean Energy work Additional Antimony & Clean Energy work Financing Decisions Permitting & Financing Discussions Advances 2025 2026 16
Slide 17: Investors Information
Investors Information TSX OTCQB FRA CCM CRCUF CANA SHARES OUTSTANDING DSU/RSU OPTIONS 173.5 M 1.5M/1.4M 900K RECENT SHARE PRICE CURRENT MARKET CAP C$0.35 C$60.73 M Top Shareholder: Sun Valley Investments (48.25%) ONE YEAR CHART July 18, 2025| Source: Stockwatch Analyst Coverage: Taylor Combaluzier,
Slide 18: Experienced Management
Experienced Management Catalin Kilofliski Mike Doyle Garry Biles CEO M.Sc. M.Eng P. Eng. Chief Technical Officer President & COO 25+ years of leadership and extensive expertise in Geologist and engineer with over 35 years global Engineer with 40+ years experience.16 years as mining, senior managemen
Slide 19: Experienced Board of Directors
Experienced 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 and “100 Global Inspirational Women in Mining.” P. Eng. with 35 Chartered Accountant with 15 years in financial and public com
Slide 20: wld
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Canagold Resources — Investor Presentation (July 2025) on 6ix