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Drill Program Commencing at New Polaris High Grade Gold Project

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Wed, May 19, 2021 at 12:00 PMendedReplay
Drill Program Commencing at New Polaris High Grade Gold Project

Investor webinar replay

Meeting Overview The meeting was a live investment summit hosted by Cana Gold, featuring CEO Scott Eldridge. The primary focus was on the company's new flagship asset, the Polaris project, including updates on a significant drilling campaign and financial details related to the project. Key Discussion Points - Introduction of the Polaris flagship asset and its significance. - Overview of recent corporate changes, including a name change, new management, and a successful financing round. - Details of the upcoming 24,000-meter drilling program aimed at infill and exploration drilling. - Financial health of the company, including cash reserves and market capitalization. - Discussion of the preliminary economic assessment (PEA) for the New Polaris project, highlighting its robust economic metrics. - Background information on the management team and their relevant experience in the mining industry. - Description of the New Polaris project as a past-producing gold mine with a focus on pro...

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Speaker 1: All right. Well, hello, everyone, and welcome to Cana Gold's live investment summit today hosted by 6. We are joined today by CEO and Director Scott Eldridge. Speaker 1: Scott will walk us through a company presentation and then we will be accepting questions live. So you can submit your questions at any time on the Q&A panel on the right-hand side of the screen and we'll get to them after the presentation. Speaker 1: And as always, the summit is being recorded and will be available afterwards on SIX.com. Speaker 1: So without further ado I'll hand it over to you Scott. Speaker 2: Thank you Dasha and thank you everyone for for listening in today. Speaker 2: My name is Scott Eldridge and I'm the CEO of Cana Gold Speaker 2: resources. Speaker 2: Today we'll be talking about our new Polaris flagship asset. Speaker 2: And many of you would have seen the news release that we put out yesterday, Speaker 2: explaining that we're moving forward with 24, 000 M DROP PRO campaign. Speaker 2: And We'll talk about the details of that throughout the presentation. Speaker 2: I'll point your attention to our standard cautionary note, and maybe making some forward-looking statements throughout the presentation. Speaker 2: So as many of our audience knows, Speaker 2: last summer Speaker 2: was what we call the rebirth of the company. And we had a series of corporate level changes. Speaker 2: Those changes Speaker 2: included a name change. We brought on a new director, Speaker 2: a new VP of exploration, Speaker 2: a 5 for 1 share consolidation, Speaker 2: as well as a financing, Speaker 2: where we originally went out to raise $3.2 million that was substantially oversubscribed Speaker 2: and through a shareholder vote we decided to upsize that financing Speaker 2: to $8.4 m...

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