Canadian Gold’s 10-Hole Drill Program Yields 19.5 g/t Gold at Baker Vein

CANCAN

Canadian Gold completed ten diamond drill holes at the Lac Arsenault Baker vein, intersecting gold mineralization in every hole and highlighting a high-grade intercept of 19.5 g/t gold and 47 g/t silver over 1 m. Results refine the vein’s geometry for planned bulk sampling and inform upcoming exploration at Robidoux.

1. Drill Program and Objectives

Canadian Gold completed a ten-hole diamond drill program at the Baker vein, using fan configurations at azimuths between 298° and 306° and dips ranging from 45° to 70° to test strike continuity and depth of gold mineralization beneath the planned bulk sample area.

2. Assay Highlights

All ten holes intersected the Baker vein, with the standout interval in hole LAC-25-BM-001 yielding 19.5 g/t gold and 47 g/t silver over 1 m starting at 30.35 m downhole; estimated true widths range from 0.6 to 0.75 m.

3. Future Exploration and Permitting

The company will integrate remaining assays into an updated geological model to guide further drilling and is advancing permitting for its maiden drill program at the 100%-owned Robidoux Project in Québec’s Gaspé Peninsula.

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