Core Viewpoint - Canadian Gold Corp. is advancing its Phase 4 drill program at the Tartan Mine, with promising results indicating potential for a mine restart, particularly in the Main Zone's Western Flank [1][3] Drilling Results - The drilling program has focused on three main areas: the Main Zone's Western Flank, the South Zone, and prospecting near the Tartan Mine [2] - Significant assay results from the Main Zone's Western Flank include 12.3 gpt gold over 14.0 metres, 8.2 gpt gold over 9.9 metres, and 10.7 gpt gold over 4.5 metres [3] - A total of 31 out of 35 holes (89%) have intersected potentially economic mineralization within the Main Zone since the start of the drilling program [4] South Zone Exploration - Drilling in the South Zone aims to expand resource size for higher production potential, with notable results including 5.2 gpt gold over 5.0 metres and 4.4 gpt gold over 4.0 metres [5] - TLSZ25-41 reported a significant intercept of 82.0 metres at 1.3 gpt Au, indicating the presence of higher-grade sections within broader mineralized envelopes [5] Near Mine Target Generation - Drill target generation on the Tartan West property has confirmed multiple areas of high-grade gold mineralization, with grab samples assaying up to 28.9 gpt gold [6] - The Tartan Shear presents significant exploration potential for hosting similar gold mineralization, aligning with future infrastructure investments [7] Company Overview - Canadian Gold Corp. is focused on expanding the high-grade gold resource at the Tartan Mine, which has a 2017 indicated mineral resource estimate of 240,000 oz gold at 6.32 g/t [14] - The company also holds exploration properties in Ontario and Quebec, adjacent to major gold mines and projects [14]
Canadian Gold Corp. Tartan Mine "Western Flank" Step-Out Drilling Continues to Deliver