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Canagold Resources ( (TSE:CCM) ) has shared an update.
Canagold Resources Ltd. has announced a Mineral Resource Update for its New Polaris Gold Project, revealing substantial antimony metal resources within its existing gold resource. This update includes 5,630 tonnes of antimony in the indicated resource and 1,195 tonnes in the inferred resource, indicating the potential for enhanced revenue streams through antimony recovery. The New Polaris project is at an advanced development stage, strategically positioning Canagold to strengthen Canada’s critical mineral supply.
More about Canagold Resources
Canagold Resources Ltd. is a Canadian mining company focused on the exploration and development of high-grade gold resources. The company’s primary project is the New Polaris Gold Project, which is advancing in development and includes significant antimony resources, positioning Canagold as a key player in Canada’s critical mineral supply market.
YTD Price Performance: 22.58%
Average Trading Volume: 43,058
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$66.31M
For detailed information about CCM stock, go to TipRanks’ Stock Analysis page.
