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Canagold Advances Active Collaboration with Taku River Tlingit First Nation on Proposed New Polaris Mine

Partnerships & JV

Canagold Advances Active Collaboration with Taku River Tlingit First Nation on Proposed

New Polaris Mine

Vancouver, B.C. –November 4, 2025 - Canagold Resources Ltd. (TSX: CCM, OTC-QB: CRCUF, Frankfurt:

CANA) (“Canagold” or the “Company”) is pleased to announce the advancement of an active

collaboration with Taku Riber Tlingit First Nation (“TRTFN”) on the Company’s permitting efforts for the

New Polaris Mine.

TRTFN has issued a public release (“release”) on November 3, 2025, summarizing TRTFN’s position and

collaboration with Canagold to date.

As detailed in TRTFN’s release, “Canagold is continuing to actively engage and collaborate with TRTFN on

the New Polaris mine proposed deep within TRTFN’s traditional territory, approximately 100 kilometres

south of Atlin, B.C. Canagold and TRTFN have been actively engaged in discussions and project

assessments with Canagold to ensure that any development within its lands only proceeds if it is done in

a manner that is consistent with TRTFN’s values, laws, and responsibilities to its people and future

generations.”

As per the release, “TRTFN is not opposed to mining or responsible economic development in its

territory. However, any such activity (i) must be carried out in full compliance with TRTFN laws, including

but not limited to TRTFN Constitution Act, 1993 and the TRTFN Mining Policy, and (ii) must properly

respect and protect TRTFN’s constitutionally protected Aboriginal Title and Rights. The TRTFN Mining

Policy sets out how TRTFN exercises its jurisdiction to make decisions about mineral development in its

territory, guided by the principles of stewardship, accountability, and consent.”

TRTFN has further acknowledged that: “Since 2023 Canagold has been upholding its commitments and

working respectfully and collaboratively with TRTFN as the mine undergoes an environmental

assessment. This ongoing cooperation confirms the shared commitment to transparency, accountability,

and the protection of the environment and TRTFN title and rights.”

“This relationship between TRTFN and Canagold represents a positive step toward ensuring that any

future development within TRTFN territory proceeds in a way that aligns with the Nation’s vision for its

lands and people. TRTFN looks forward to continuing this important work and will share further updates

as the project advances.”

About Canagold

Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris

Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its

asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team

of technical experts, the Company is poised to unlock substantial value for its shareholders.

“Catalin Kilofliski”

_____________________

Catalin Kilofliski, Chief Executive Officer

CANAGOLD RESOURCES LTD

[email protected], 604-685-9700

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.