Canary Gold Corp.CSE: BRAZ

Canary Gold Outlines Technical Validation Pathway for Rio Madeira Alluvial Gold Project

· Issued by Canary Gold Corp.

VANCOUVER, BRITISH COLUMBIA - June 25, 2026 (NEWMEDIAWIRE) - Canary Gold Corp. (CSE: BRAZ; OTCQB: CNYGF; Frankfurt: K5D) ("Canary Gold" or the "Company") is pleased to provide a follow-up to its June 10, 2026 news release and announce that it has received additional technical observations and recommendations from Clara Maria Lamus Molina, an internationally recognized geologist-engineer and specialist in the evaluation and sampling of alluvial gold deposits.

The review supports the Company's view that Rio Madeira represents a prospective large-scale alluvial exploration target where the next phase of technical advancement will depend on disciplined validation of paleochannel geometry, gravel continuity, recoverable gold content and volumetric grade. Ms. Molina's work provides Canary with a practical roadmap to advance from preliminary geological observations toward systematic, representative and auditable technical data.

The Company believes the review represents an important next step in positioning the Madeira River Project for future exploration milestones, evaluation of whether sufficient technical information can ultimately support a National Instrument 43-101 compliant mineral resource estimate subject to continued exploration success, additional drilling, representative sampling, QA/QC, recovery testing and geological modelling.

Ms. Molina's review highlights several positive indicators and technical priorities at the Madeira River Project, including:

  • active alluvial gold mining observed within the Madeira River system;

  • visible free gold observed during the inspection of active alluvial mining operations within the broader Madeira River system; these observations provide regional geological context only and are not necessarily indicative of mineralization on the Company's property;

  • favourable gravel intervals identified in areas of exploration interest;

  • geomorphological features compatible with alluvial plains, terraces, paleochannels and high-energy channel environments;

  • paleochannels and coarse-gravel systems identified as priority targets for alluvial gold concentration;

  • sonic drilling recommended as a preferred validation tool in priority target areas;

  • recovered-volume control recommended to evaluate gold content on a reliable volumetric basis;

  • standardized logging, granulometry, gold-particle classification, QA/QC and chain-of-custody procedures recommended; and

  • geological-volumetric modelling identified as a key step toward future resource-readiness.

As announced on June 10, 2026, recent deeper drilling has intersected targeted mature coarse sediments, including gravels and sands, supporting the Company's interpretation of a large-scale paleochannel system associated with the Madeira River.

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