Canagold Drills 30.46% Antimony (Sb) and 49.10 Gold (Au) over 1.21m; Within 13.2m Averaging 3.83% Sb and 19.38 Au at New Polaris

Original announcement by prospectors_exchange on

Company
Canagold Resources Ltd.
Ticker
CCM
Exchange
Unavailable
Region
British Columbia
Primary commodity
Antimony
Secondary commodities
Gold
Document categories
Drill results, Resource update
Extracted
2026-10-02 13:49:47 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Canagold has reported high-grade antimony and gold drill results at the New Polaris Gold Project in British Columbia. The highlights include an intercept of 3.83% Sb and 19.38 g/t Au over 13.20m, which the company describes as the highest antimony grades and widths encountered at the project to date.

Reasoning: The results represent record-breaking antimony grades and widths for the project, suggesting a much larger scale of mineralization than previously understood.

Positive factors

  • highest Sb grades over greatest widths encountered to date
  • potential for significant resource expansion
  • high-grade gold and antimony intersection

Negative factors

  • insufficient drilling to determine true width/orientation

Facts used in scoring: 12

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 30.46% Sb and 49.10 g/t Au is exceptionally high grade for the project.

Evidence · text

“30.46% Antimony (Sb) and 49.10 Gold (Au) over 1.21m”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release details QA/QC procedures including standards, blanks, and duplicates, and names an ISO 17025 lab.

Evidence · text

“Quality control (QC) samples including certified reference material standards, blanks and duplicates are inserted”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that insufficient drilling has been done to determine true width/orientation.

Evidence · text

“insufficient drilling and modelling has taken place to determine the true dip and strike orientation of the veins”

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Drill Results (12)

NP26-01New Polaris · antimonyGrade: 3.83Grade Unit: %Intercept: 13.2 mView all details
Link to this fact

Identity

Hole ID
NP26-01
Project
New Polaris
Commodity
antimony
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
3.83
Grade Unit
%
Intercept
13.2 m
From
451.75 m
To
464.95 m
Intercept Depth
451.75 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-01:451.75-464.95

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade and significant width for the project's antimony zone.

Positive factors

  • record grades and widths for project

Negative factors

  • apparent width only

Evidence · text

“3.83% Sb and 19.38 Au grams per tonne (g/t) Au over 13.20 meters (m) from 451.75 m down hole in hole NP26-01”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-01New Polaris · goldGrade: 19.38Grade Unit: g/tIntercept: 13.2 mView all details
Link to this fact

Identity

Hole ID
NP26-01
Project
New Polaris
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
19.38
Grade Unit
g/t
Intercept
13.2 m
From
451.75 m
To
464.95 m
Intercept Depth
451.75 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-01:451.75-464.95

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Significant gold grade accompanying the antimony.

Positive factors

  • strong gold grade

Evidence · text

“3.83% Sb and 19.38 Au grams per tonne (g/t) Au over 13.20 meters (m) from 451.75 m down hole in hole NP26-01”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-01New Polaris · antimonyGrade: 30.46Grade Unit: %Intercept: 1.21 mView all details
Link to this fact

Identity

Hole ID
NP26-01
Project
New Polaris
Commodity
antimony
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
30.46
Grade Unit
%
Intercept
1.21 m
From
451.75 m
To
452.96 m
Intercept Depth
451.75 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-01:451.75-452.96

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Extremely high grade antimony intercept.

Positive factors

  • bonanza grade

Evidence · text

“including 1.21 m grading 30.46% Sb and 49.10 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-01New Polaris · goldGrade: 49.1Grade Unit: g/tIntercept: 1.21 mView all details
Link to this fact

Identity

Hole ID
NP26-01
Project
New Polaris
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
49.1
Grade Unit
g/t
Intercept
1.21 m
From
451.75 m
To
452.96 m
Intercept Depth
451.75 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-01:451.75-452.96

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Extremely high grade gold intercept.

Positive factors

  • bonanza grade

Evidence · text

“including 1.21 m grading 30.46% Sb and 49.10 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-02New Polaris · antimonyGrade: 3.9Grade Unit: %Intercept: 6.06 mView all details
Link to this fact

Identity

Hole ID
NP26-02
Project
New Polaris
Commodity
antimony
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
3.9
Grade Unit
%
Intercept
6.06 m
From
477.44 m
To
483.5 m
Intercept Depth
477.44 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-02:477.44-483.5

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Solid antimony intercept.

Positive factors

  • strong antimony grade

Evidence · text

“3.90% Sb and 14.97 g/t Au over 6.06 m from 477.44 m down hole in hole NP26-02”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-02New Polaris · goldGrade: 14.97Grade Unit: g/tIntercept: 6.06 mView all details
Link to this fact

Identity

Hole ID
NP26-02
Project
New Polaris
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
14.97
Grade Unit
g/t
Intercept
6.06 m
From
477.44 m
To
483.5 m
Intercept Depth
477.44 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-02:477.44-483.5

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Solid gold grade accompanying the antimony.

Positive factors

  • strong gold grade

Evidence · text

“3.90% Sb and 14.97 g/t Au over 6.06 m from 477.44 m down hole in hole NP26-02”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-02New Polaris · antimonyGrade: 24.68Grade Unit: %Intercept: 0.83 mView all details
Link to this fact

Identity

Hole ID
NP26-02
Project
New Polaris
Commodity
antimony
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
24.68
Grade Unit
%
Intercept
0.83 m
From
477.44 m
To
478.27 m
Intercept Depth
477.44 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-02:477.44-478.27

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Extremely high grade antimony sub-interval.

Positive factors

  • bonanza grade

Evidence · text

“including 0.83 m grading 24.68 % Sb and 29.0 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-02New Polaris · goldGrade: 29Grade Unit: g/tIntercept: 0.83 mView all details
Link to this fact

Identity

Hole ID
NP26-02
Project
New Polaris
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
29
Grade Unit
g/t
Intercept
0.83 m
From
477.44 m
To
478.27 m
Intercept Depth
477.44 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-02:477.44-478.27

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Extremely high grade gold sub-interval.

Positive factors

  • bonanza grade

Evidence · text

“including 0.83 m grading 24.68 % Sb and 29.0 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-03New Polaris · antimonyGrade: 3.3Grade Unit: %Intercept: 3.91 mView all details
Link to this fact

Identity

Hole ID
NP26-03
Project
New Polaris
Commodity
antimony
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
3.3
Grade Unit
%
Intercept
3.91 m
From
451.19 m
To
455.1 m
Intercept Depth
451.19 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-03:451.19-455.1

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Solid antimony intercept.

Positive factors

  • strong antimony grade

Evidence · text

“3.30% Sb and 15.08 g/t Au over 3.91 m from 451.19 m down hole in hole NP26-03”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-03New Polaris · goldGrade: 15.08Grade Unit: g/tIntercept: 3.91 mView all details
Link to this fact

Identity

Hole ID
NP26-03
Project
New Polaris
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
15.08
Grade Unit
g/t
Intercept
3.91 m
From
451.19 m
To
455.1 m
Intercept Depth
451.19 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-03:451.19-455.1

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: Solid gold grade accompanying the antimony.

Positive factors

  • strong gold grade

Evidence · text

“3.30% Sb and 15.08 g/t Au over 3.91 m from 451.19 m down hole in hole NP26-03”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-03New Polaris · antimonyGrade: 6.99Grade Unit: %Intercept: 1.81 mView all details
Link to this fact

Identity

Hole ID
NP26-03
Project
New Polaris
Commodity
antimony
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
6.99
Grade Unit
%
Intercept
1.81 m
From
451.19 m
To
452.99 m
Intercept Depth
451.19 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-03:451.19-452.99

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade antimony sub-interval.

Positive factors

  • strong antimony grade

Evidence · text

“including 1.81 m grading 6.99% Sb 26.3 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

NP26-03New Polaris · goldGrade: 26.3Grade Unit: g/tIntercept: 1.81 mView all details
Link to this fact

Identity

Hole ID
NP26-03
Project
New Polaris
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
26.3
Grade Unit
g/t
Intercept
1.81 m
From
451.19 m
To
452.99 m
Intercept Depth
451.19 m

Classification

Program
resource
Sample Type
drill
Group ID
NP26-03:451.19-452.99

QA/QC

Laboratory
MSA Labs
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-01T00:00:00.000Z

Reasoning: High grade gold sub-interval.

Positive factors

  • strong gold grade

Evidence · text

“including 1.81 m grading 6.99% Sb 26.3 g/t Au”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.