Canadian Gold Resources to Conduct Induced Polarization Survey at Lac Arsenault Property
Canadian Gold Resources to Conduct Induced
Polarization Survey at Lac Arsenault Property
Moncton, New Brunswick--(Newsfile Corp. - September 16, 2025) - Canadian Gold Resources Ltd.
(TSXV: CAN) ("Canadian Gold" or the "Company") is pleased to announce that it has engaged
Geophysique TMC to conduct an induced polarization ("IP") survey at its 100%-owned Lac Arsenault
Property, located in the Gaspé region of Québec.
The survey is intended to enhance the Company's understanding of the structures that control three key
mineralized zones - the Baker Vein, the Mersereau Vein, and the Type-4 Vein - and to help identify high-
priority targets for future drill programs. These three veins host the historical non-NI 43-101 compliant
resource estimates previously reported for the Lac Arsenault Property (please see Historical Resource
Estimate Disclosure (NI 43-101 2.4), below).
The data from the IP survey will be integrated into Canadian Gold's expanding exploration dataset, which
already incorporates recent surface sampling results. Mechanical trenching and sampling along the
Baker and Mersereau veins returned very high grades from surface exposures, including 28.9 g/t gold
and 306 g/t silver (BVA2025-004) and 22.9 g/t gold and 399 g/t silver. Complementing this, airborne
magnetic survey work at Lac Arsenault has outlined major fault structures, including the Grand Pabos
Fault, together with newly recognized splays and secondary structures interpreted to be important
controls on the emplacement of gold-silver-lead mineralization.
Together, these results are sharpening Canadian Gold's exploration focus on high-priority targets while
reinforcing the broader discovery potential across the Lac Arsenault property.
Management Commentary
"The initiation of this IP survey represents another important step in uncovering the value of our Lac
Arsenault property by refining and prioritizing targets for the upcoming maiden diamond drill program,"
stated Ronald Goguen, President & CEO of Canadian Gold. "By applying modern geophysical
techniques, we aim to validate historical results and further sharpen our understanding of the Baker,
Mersereau, and Type-4 veins."
An IP survey is a geophysical technique used to measure the electrical chargeability and resistivity of
subsurface materials. In exploration settings, this method can detect disseminated sulphide
mineralization associated with gold and base metal systems. By mapping variations in chargeability and
resistivity across the target area, the survey provides a powerful tool to refine drill targets, prioritize
anomalies, and strengthen the Company's exploration model.
About the Lac Arsenault Project
The Lac Arsenault Property is located in Québec's Gaspé region along the Grand Pabos Fault, part of
the Gaspé-Newfoundland tectonic belt. This structure shares geological characteristics with prolific gold-
bearing systems such as the Cadillac-Larder Lake Fault Zone in Abitibi and the Cape Ray-Valentine
Lake Shear Zone in Newfoundland.
The property hosts multiple high-grade, epithermal-style vein systems, including the Baker, Mersereau,
and Dunning veins. Historical exploration outlined significant gold-silver-base metal mineralization,
providing a strong foundation for the Company's current work.
Historical Resource Estimate Disclosure (NI 43-101 2.4)
Stevenson, L. (1975):
40,000 tonnes grading 15.43 g/t Au and 197 g/t Ag (Esso Minerals
Canada).
Côté, R. (1996):
199,580 tonnes grading 9.59 g/t Au (~61,536 contained oz Au).
These historical estimates predate NI 43-101 and were based on sampling, trenching, and drilling using
manual polygonal methods. A Qualified Person has not completed sufficient work to classify the
estimates as current mineral resources or reserves. The Company is not treating them as current and
further verification is required.
To bring these into compliance, Canadian Gold plans to:
Conduct systematic drilling to confirm grades and geometry;
Complete verification sampling and density determinations;
Build a validated geological model with modern QA/QC protocols;
Commission an independent NI 43-101 compliant resource estimate.
About Canadian Gold Resources Ltd.
Canadian Gold Resources Ltd. (TSXV: CAN) is a junior exploration company advancing three high-
grade gold properties totaling ~16,000 hectares in Québec's Gaspé Peninsula. The Company's strategy
is to unlock the potential of historically explored assets through modern exploration and development,
supported by a management team with a proven track record in discovery and project advancement.
Qualified Person Statement:
The scientific and technical information in this news release has been reviewed and approved by Mark
Smethurst, P.Geo., Director of Canadian Gold and a Qualified Person under NI 43-101
For further information, please contact:
Ronald J. Goguen
President & CEO, Director
Canadian Gold Resources Ltd.
+1 (506) 857-4090
Investor Relations
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Canadian Gold trades on the TSX Venture Exchange under the ticker CAN and has 36,667,221
common shares outstanding.
Forward-Looking Statements Disclaimer
:
Certain information in this release may constitute forward-looking statements under applicable securities
laws. These statements are based on assumptions and involve risks and uncertainties. Actual results
may differ materially. Readers should not place undue reliance on forward-looking statements.
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