Canagold Submits Environmental Application for the New Polaris Project

About this update from Canagold Resources Ltd

Canagold Submits Environmental Application for the New Polaris ProjectVancouver, British Columbia--(Newsfile Corp. - April 1, 2026) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) ("Canagold" or the "Company") is pleased to announce that it has taken a significant step forward in advancing its New Polaris gold-antimony project by filing an Environmental Assessment (EA) application with the BC Environmental Assessment Office."The submission of our EA application is a pivotal moment for the New Polaris project," stated Canagold's Chief Executive Officer, Catalin Kilofliski. "This milestone reflects not only the advancement of the New Polaris project, but also the strength of the relationships we have built along the way. Our approach has always been grounded in meaningful engagement, transparency, and respect for Indigenous Nations and local communities. We remain committed to continuing this collaborative process as we move through the Environmental Assessment and beyond."The submission of the EA application represents the culmination of extensive technical studies, environmental baseline work, and ongoing engagement efforts. This step advances the project into the formal provincial review process and brings it closer to a construction decision.Canagold recognizes that the EA process is a critical component in the responsible development of the project. The Company has worked diligently to ensure that the application reflects a comprehensive understanding of environmental, social, and economic considerations. This includes detailed assessments of potential project impacts, as well as the incorporation of mitigation measures designed to minimize environmental footprint and support long-term sustainability.Throughout the development of the EA application, Canagold has prioritized substantive and transparent engagement with Indigenous Nations, local communities, regulators, and other key stakeholders. The Company remains committed to continuing this collaborative approach as the project progresses through the EA review process. Feedback received to date has played an important role in shaping project design and environmental management strategies, and ongoing dialogue will remain central to the Company's approach.The New Polaris project is expected to deliver tangible economic benefits to all stakeholders, including employment opportuniti...

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