Canagold Resources Ltd · TSX:CCM
Canagold Resources — Investor Presentation (January 2025)
27 slides from Canagold Resources's investor presentation, Jan 24, 2025
Slide 1: Developing The World's Highest Grade Gold Antimony Project
Developing The World's Highest Grade Gold Antimony Project CORPORATE PRESENTATION Q1 2025 | TSX: CCM | OTC: CRCUF 1
Slide 2: Disclaimer
Disclaimer Certain statements contained herein regarding the Company and its inherent in the estimation of mineral reserves and resources, fluctuations in operations constitute “forward-looking statements” within the the costs of goods and services, problems associated with exploration and meaning o
Slide 3: Why Invest in Gold & Antimony
Why Invest in GOLD & ANTIMONY Advancing Excellent Relative Major Shareholder New Polaris to Feasibility and Company Led by Experienced Strong Local Support Valuation Upside Potential Support Permitting Management & Board Feasibility and Permitting Geologists, Engineers and Strong Financial Backing E
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 Jan 6, 2025| Source: Stockwatch C$0.30 C$52.0 M Top Shareholder: Sun Valley Investments (48.5%) Analyst Coverage: Taylor Combaluzier, Re
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 in mining, Geologist and engineer with over 35 years global experience. Engineer with 40+ years experience.16 years as Gene
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 and “100 Global Inspirational Women in Mining.” P. Eng. with 35 years in Chartered Accountant with 15 years in financial and public compan
Slide 7: New Polaris: Developing The World's Highest Grade Gold Antimony Project
NEW POLARIS Developing The World's Highest Grade Gold Antimony Project • Production History - 232,000 oz from 1938-42, 1946-51 • Current resources 1.03 M oz Au indicated * (see Resource slide) • High Grade - average 12.75 gpt gold • Feasibility study advancing with Ausenco Engineering • Permitting i
Slide 8: 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: Sustainability & Community Engagement
Opening Ceremonies at the HAA KUSTEEYÍ Celebration in ÁATLEIN (Atlin) BC NEW POLARIS • Canagold establishes office in Atlin in June Sustainability & • Canagold attended Haa Kusteeyi (Our Way of Life) event in July hosted by Taku River Tlingit Community • TRT members of the Technical Working Group br
Slide 10: 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 as well as November 2024 • Detailed project description submitted to BC Environmental Assessment Office
Slide 11: Over 1M High Grade Indicated Gold Resource
NEW POLARIS –Over 1M High Grade Indicated Gold Resource Notes to the Resource Table: 1.Mineral resources are not mineral reserves and do not have demonstrated economic viability. There is no certainty that all or any part of the mineral resources will be converted into mineral reserves. 2.Resources
Slide 12: Critical Metals (Antimony)
NEW POLARIS CRITICAL METALS (ANTIMONY) Significant Antimony Production Potential at New Polaris The presence of antimony at New Polaris has been known since the early days of mine production in the 1940s and 1950s, Some of the significant antimony drill intercepts completed by Canagold are shown bel
Slide 13: Critical Metals (Antimony): High Recovery Rates
NEW POLARIS CRITICAL METALS (ANTIMONY) Metallurgical Success: High Recovery Rates* Results from a comprehensive 700 kg master composite metallurgical test program conducted in 2022 at ALS Labs, which included over 390 mineralized drill core intervals, with an average antimony grade of 0.44%, althoug
Slide 14: Mineralization
NEW POLARIS MINERALIZATION 14
Slide 15: 2024 Resource Expansion Drill Results
NEW POLARIS 2024 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 NP2
Slide 16: Resource Expansion 2024 Drill Results
NEW POLARIS Resource Expansion 2024 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
Slide 17: 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 18: Mesothermal Gold Deposits
Mesothermal Gold Deposits 1,000m 2,000m NEW POLARIS Red Lake Hemlo Timmins Kirkland Lake Potential for resource expansion at depth 18
Slide 19: Project Timeline
NEW POLARIS Project Timeline Permitting Near Completion Feasibility and Permitting Advances Financing Decisions 2025 2026 19
Slide 20: ANAGOLD_
& ANAGOLD_
Slide 21: 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 21
Slide 22: 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 23: 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 23
Slide 24: 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 24
Slide 25: Y-Vein Drilling
NEW POLARIS Y-Vein Drilling 25
Slide 26: Y19-Y20 Drilling
Y19-Y20 Drilling Cross Section 1200 Cross Section 1250 26
Slide 27: Y19-Y20 Drilling
Y19-Y20 Drilling Cross Section 1300 Cross Section 1350 Cross Section 1400 27
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