Canary Gold Maiden drilling program to commence next week
Canary Gold Corp. Maiden drilling program to commence next week.
Vancouver, British Columbia, April 4, 2025 – Canary Gold Corp. (CSE: BRAZ, Frankfurt: K5D) (the
“ Company ” or “ Canary Gold ”) is pleased to announce that it has mobilized an Air Core drill rig t o
begin reconnaissance phase drill testing of gold targets a t its flagship Madeira Gold Project in
Rond ô nia, Brazil.
This Air Core* drilling program, Canary’s first since beginning exploration in late 2024, is designed
to provide critical 3D geological insights. The drilling will extend from the surface through
shallow, unconsolidated sedimentary cover to intersect and sample the targ eted, horizontally
layered, gold - bearing sequences above and at the hard bedrock interface. Based on available
geophysical data, the depth to bedrock is expected to range from 0 to 50 meters.
Figure 1 . Canary Gold´s Madeira River Project Area Tenement Package showing the location of
the upcoming reconnaissance Air Core Drilling Program centered on Tenement 012.
The drilling program will initially test a portion of Canary´s northern 012 t enement , with widely
spaced (approximately 500m intervals ) holes drilled as a series of fences perpendicular to the
interpreted paleo - current flow direction of the targeted , preserved ancient Madeira River paleo -
channels and associated sedimentary rocks.
Some 1000m of Air - Core Drilling has been planned which the C ompany envisages will allow for
the execution of 20 – 40 holes to be drilled over a period of 4 to 6 weeks.
Sampling and geological observation of the material recovered from these holes will provide
important preliminary information relati ng to the presence and distribution of gold , and the
geometry , lateral extent, continuity, grainsize variability , maturity and thickness of various
potentially gold bearing sedimentary layers .
Samples will be collected at 1m intervals down the hole and submitted to the SGS Laboratory in
Belo Horizonte for Fire Assay. Heavy mineral concentrates will also be prepared from the same
sample intervals to test for the presence of coarse gold and other heavy minerals such as
ilmenite, cassiterite, tantalite , monazite and zircon that may also be concentrated in the targeted
sediments.
Figure 2 – Photograph of the Air Core Rig, currently being mobilized to Rondônia to initiate drilling
at Canary Gold´s Madeira Project . The right image shows an example of the targeted geological
section of the drilling program.
* Air core drilling is a drilling method that uses compressed air to flush cuttings out of the borehole. It's a cost -
effective and efficient drilling method that's commonly used for shallow exploration projects. Air core drilling
was developed in Australia in the early 1960s to drill through soft, unconsolidated materials and is now a
popular method for exploring shallow deposits of minerals and other resources. One of the main benefits of air
core drilling is its efficiency. The use of compressed air means that cuttings can be quickly and easily removed
from the borehole, allowing drilling to proceed at a faster pace than other drilling methods. Additionally, ai r
core drilling is a cost - effective method, making it an attractive option for exploration projects looking for early
information prior to utilizing more expensive drilling methods once initial discoveries are explored and
developed. The main difference between diamond drilling and air core drilling is the type of sample that is
produced. Diamond drilling produces a solid core sample, while air core drilling produces a pulverized cuttings
sample. Diamond drilling is ideal for detailed geological information, while air core drilling is better suited for
a general understanding of subsurface geology.
Exploration Plan - Sonic Drilling
Analytical results and associated geological observations from this first Air Core drilling program
will be used to design and plan more focused Sonic drilling * program (s ), planned for June, which
will allow for recovery of intact core samples through the complete, continuous sedimentary
sequence for detailed sedimentological , gold and heavy mineral analysis and evaluation. From
this the C ompany will develop 3D Models that will inform exploration programs as they are
expanded in scope and scale to fully evaluate the upside potential across the entire, extensive
684 .45 square kilometr e tenement package .
*Sonic Drilling is an advanced form of drilling which employs the use of high - frequency, resonant energy generated
inside the Sonic head to advance a core barrel or casing into subsurface formations. The core samples that are
produced as a result of sonic drilling are far superior to samples provided by other drilling methods.
An undisturbed, quality, sample is possible due to an innovative advanced casing system that can capture the
sample and maintain its integrity with as little as 1% deviation as opposed to other comparative methods such as
a standard rotary drilling rig.
Figure 3 – Top left image of unconsolidated and semi consolidated sedimentary horizons where
the sonic drilling technique is ideal for recovery of 100% intact sample sections (top right image).
Below images are p hotograph s of the available Sonic Rig s that will be used by Canary at their
Madeira Project from June 2025 to advance exploration.
Geological Context – Madeira River Project
A review of reports on the Madeira River drainage system in Rondônia, within the Amazon
floodplain, was conducted and compared to global sediment - hosted gold deposits. The analysis
highlights an orogenic influence on sediment supply, where gold - bearing san ds and pebble
gravels were deposited and reworked over millions of years. Fine and visible gold (VG) grains are
distributed throughout the target area, with the highest gold concentrations found at the
Miocene - Basement contact.
Structural controls on bedrock and paleo - topography likely created zones where heavy minerals,
including gold, accumulated into potentially significant deposits. While these zones remain
undiscovered, they may also contain additional metals or minerals.
Below the Mocururu horizon, a similar gold - bearing sedimentary unit exists at shallow depths,
possibly suitable for surface mining, though further study is required. These sediments may also
host magnetite or radioactive elements, which could be detected u sing geophysical exploration
techniques.
Q2 - 2025 work program in Bra z il
As outlined above, Canary Gold is rapidly moving towards a preliminary drilling phase to
commence the 3D evaluation of gold targets believed to be preserved below shallow cover across
its extensive tenement package. The drilling is due to commence on or around the 7 th of April,
2025.
QP Disclaimer
Andrew Lee Smith, P.Geo., a Qualified Person as defined by National Instrument 43 - 101 –
Standards of Disclosure for Mineral Projects , has reviewed and approved the technical
information related to the Madeira River Project in Rondônia, Brazil, disclosed herein. The
information presented is based on Mr. Smith’s professional judgment and understanding of the
project at the time of review . However, readers are cautioned that the conclusions and
interpretations are subject to the inherent uncertainties and limi tations associated with
exploration activities.
About Canary Gold Corp.
Canary Gold Corp. is a mineral exploration company whose principal business is the acquisition
and exploration of gold mineral exploration properties, with a focus in Rondônia, Brazil. The
Company has the option to acquire up to a 70% undivided right, title and interest in the Rio
Madeira Project, a property that covers an area of 68,445 hectares of prospective geology in
Rondônia, Brazil.
More information about Canary can be found at www.canarygold.ca .
For further information, please contact:
Canary Gold Corp.
Mark Tommasi, President
Phone: 604 - 318 - 1448
www.canarygold.ca
Disclaimer Regarding Forward - Looking Statements
This news release contains forward - looking statements within the meaning of applicable securities laws that are not
historical facts. Forward - looking statements are often identified by terms such as “will”, “may”, “should”,
“anticipates”, “expects”, “belie ves”, and similar expressions or the negative of these words or other comparable
terminology. All statements, other than statements of historical fact, included in this release, including, without
limitation, statements regarding the Company’s planned expl oration programs and drill programs and potential
significance of results, are forward - looking statements that involve risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results and future events co uld differ materially from those
anticipated in such statements. Important factors that could cause actual results to differ materially from the
Company’s expectations include but are not limited to the risks detailed in the Company’s Prospectus and in the
continuous disclosure filings made by the Company with securities regulations from time to time. The reader is
cautioned that assumptions used in the preparation of any forward - looking information may prove to be incorrect.
Events or circumstances may cau se actual results to differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company.
The reader is cautioned not to place undue reliance on any forward - looking information. Such information, although
considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may
differ materially from those anticipated. Forward - looking statements contained in this news release are expressly
qualified by this cautionary statement. The forward - looking statements contained in this news release are made as
of the date of this news release and the Company will update or revise publicly any of the included forward - looking
statements only as expressly required by applicable law.
No securities exchange or commission has reviewed or accepts responsibility for the adequacy or accuracy of this
release.