Canary Gold Completes Inaugural Air-Core Drilling Programme and Advances Exploration Activities
Canary Gold Completes Inaugural Air - Core Drilling Programme and Advances
Exploration Activities
Vancouver, British Columbia, June 6 , 2025 – Canary Gold Corp. (the “Company” or
“Canary Gold”) (CSE: BRAZ, OTC: CNYGF, Frankfurt: K5D) is pleased to announce the
successful completion of its inaugural Air - core drilling programme at its flagship Madeira River
Project, Rondônia, Brazil.
The drilling program me encountered geology consistent with the Company’s exploration model
with confirmation of the widespread presence of its primary gold bearing “ Mocururu ” target as
well as important secondary targets associated with paleochannels.
The Company is now well positioned to expand its exploration efforts, with plans for property -
wide drill testing along approximately 70 kilometres of highly prospective strike within its
extensive 68,445 - hectare tenement package.
“Completing this first round of drilling marks a pivotal step for Canary Gold. The confirmation of
gold within our targeted Mocururu unit, and the scale of the prospective trend supports the
Company’s planned expansion of its systematic exploration efforts across the entire tenement.
These initial results provide a foundation for continued exploration across the broader tenement
package.” stated Mark Tommasi, President of Canary Gold Corp.
Figure 1. Canary Gold´s Madeira River Project Area Tenement Package showing the location of
the ongoing reconnaissance Air Core Drilling Programme centered on Tenement 012.
Air - core Drilling
The drilling campaign, which concluded in late May, comprised a total of 22 vertical Air - core
holes for a cumulative 950 drill metres. The deepest hole reached a vertical depth of 70m.
Sample preparation is now underway, with samples being readied for dispatch to SGS Laboratory
in Belo Horizonte for low - detection fire assay analysis. These results will play a key role in shaping
the next phase of exploration activities.
To further strengthen its exploration toolkit, Canary Gold has acquired a Brastorno - Conspeed
Gravity Concentrator - Centrifuge. This equipment will be used to upgrade the quality, quantity,
and reduce sample preparation production time of concentrates re covered from the Air - core
samples. The concentrates will provide vital information on the distribution of particulate gold
within the sedimentary profile and will support the geological team’s work in interpreting
sedimentary controls on gold mineralisatio n.
Canary Gold remains committed to systematic, data - driven exploration and looks forward to
updating shareholders as assay results are received and interpreted.
Radiometrics Interpretation – Surface Regolith Map
In parallel with the drilling operations, the Company has been active in developing a surface -
regolith map. This mapping integrates public domain radiometric datasets with the geological
profiles intersected during the drilling campaign, enhancing the Comp any’s understanding of the
distribution of regolith and underlying lithologies within the target area
Figure 2. Canary Gold´s Madeira River Project Area Tenement Package and collar positions of
the recently completed 22 - hole Air - core drilling programme overlain on the public domain
Radiometric Image.
Surface Regolith Map Interpretation
Figure 3 below shows a surface regolith map interpreted from public domain radiometric data and
validated by the recently completed Air - core drilling programme. This interpretation importantly
shows the wide distribution of areas which are underlain by the prospective sedimentary package
(orange areas on Figures 3 and 4) which hosts the primary “ Mocururu ” target horizon. The
presence of gold within this “ Mocururu ” unit has been demonstrated from both surface outcrop
samples and in material intersected in th e Air - core drilling programme ( see press release May 14 th
– 2025 ).
Figure 4 is a schematic cross - section (exaggerated vertical scale) across the northern portion of the
Canary Tenement package showing the relative position of the sedimentary package that hosts the
targeted gold bearing “ Mocururu ” horizon and the large scale paleochannels (yellow unit on
Figures 3 and 4) which have reworked this unit to form secondary gold targets associated with
favourable sedimentary depositional trap sites.
The interpretation suggests a wide distribution of the prospective Mocururu unit across the full
>70km strike extent of the Canary tenement package which provides a remarkable search space
for continued drill testing.
Figure 3. Regolith Map (interpreted from radiometrics and validated by Air - core drilling) across
Canary Gold´s Tenement Package highlighting the widespread distribution of the primary gold
bearing “ Mocururu ” target (orange) and location of paleochannels which control secondary gold
targets (yellow). Air - core drill collars from the recently completed programme are highlighted in
green.
Figure 4. Schematic Cross - Section (validated by Air - core drilling) across the northern portion of
Canary Gold ’ s Tenement Package highlighting the widespread distribution of the primary gold
bearing “ Mocururu ” target (orange) and location of paleochannels which control secondary gold
targets (yellow).
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 he rein. 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, titl e, 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 exploration program me s and drill program me s 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 could
differ materially from those a nticipated in such statements. Important factors that could cause
actual results to differ materi ally 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
assu mptions used in the preparation of any forward - looking information may prove to be incorrect.
Events or circumstances may cause actual results to differ materially from those predicted, as a
result of numerous known and unknown risks, uncertainties, and ot her 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 t o 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 ar e 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 responsibili ty for the adequacy or
accuracy of this release.