Canagold Resources (TSE:CCM) has released an update.
Canagold Resources Ltd. has commenced a 12,000-meter drilling program at the New Polaris Gold project in British Columbia, aiming to expand and define high-grade gold resources. The program follows up on historical drill results that indicated substantial mineralization, with the intention of supplementing the Indicated Resource category. The company’s CEO expressed optimism about adding substantial near-surface gold resources through the new drilling based on past successful drilling campaigns.
For further insights into TSE:CCM stock, check out TipRanks’ Stock Analysis page.