Canagold Resources drills 30.46% antimony and 49.10 gold over 1.21 metres within 13.2 metres at 3.83% Sb and 19.38 Au at New Polaris Project, British Columbia

Original announcement by resourceworld on

Company
Canagold Resources Ltd.
Ticker
CCM
Exchange
Unavailable
Region
British Columbia
Primary commodity
Antimony
Secondary commodities
Gold
Document categories
Drill results
Extracted
2026-10-02 16:21:58 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Canagold Resources reported high-grade antimony and gold drill results from its New Polaris Project in British Columbia. The results include significant intercepts such as 3.83% Sb and 19.38 g/t Au, which the company states are the highest grades and widest intercepts for antimony at the project to date.

Reasoning: Exceptional high-grade antimony and gold intercepts that extend the known mineralization and suggest larger scale potential.

Positive factors

  • highest Sb grades over greatest widths encountered to date
  • potential for Sb to be a meaningful contributor to economics
  • suggests scale of Sb mineralization may be larger than understood

Negative factors

  • insufficient drilling to determine true dip and strike orientation

Facts used in scoring: 12

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: 24.68% Sb and 29.0 g/t Au is exceptionally high grade for the project.

Evidence · text

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

Apparent Width Onlynegative

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

Why it applies: Drill intercepts are stated as core length and insufficient drilling has taken place to determine true width.

Evidence · text

“Drill intercepts shown are core length as insufficient drilling and modelling has taken place to determine the true dip and strike orientation”

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade antimony intercept.

Positive factors

  • highest Sb grades over greatest widths to date

Evidence · text

“3.83% Sb and 19.38 Au g/t Au over 13.20 metres from 451.75 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade gold intercept.

Evidence · text

“3.83% Sb and 19.38 Au g/t Au over 13.20 metres from 451.75 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade antimony intercept.

Evidence · text

“3.90% Sb and 14.97 g/t Au over 6.06 metres from 477.44 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade gold intercept.

Evidence · text

“3.90% Sb and 14.97 g/t Au over 6.06 metres from 477.44 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Extremely high grade sub-interval.

Positive factors

  • Bonanza grade antimony

Evidence · text

“including 0.83 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Extremely high grade sub-interval.

Positive factors

  • Bonanza grade gold

Evidence · text

“including 0.83 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade antimony intercept.

Evidence · text

“3.30% Sb and 15.08 g/t Au over 3.91 metres from 451.19 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade gold intercept.

Evidence · text

“3.30% Sb and 15.08 g/t Au over 3.91 metres from 451.19 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade sub-interval.

Evidence · text

“including 1.81 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: High grade sub-interval.

Evidence · text

“including 1.81 metres 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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

NP26-06BNew Polaris · antimonyGrade: 0.01Grade Unit: %Intercept: 8.22 mView all details
Link to this fact

Identity

Hole ID
NP26-06B
Project
New Polaris
Commodity
antimony
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
0.01
Grade Unit
%
Intercept
8.22 m

Classification

Program
resource
Sample Type
drill
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Low grade antimony intercept.

Negative factors

  • low grade antimony

Evidence · text

“Drill hole NP26-06B returned 8.22 metres at 0.01% Sb”

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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

NP26-06BNew Polaris · goldGrade: 16.47Grade Unit: g/tIntercept: 8.22 mView all details
Link to this fact

Identity

Hole ID
NP26-06B
Project
New Polaris
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
CCM

Geometry

Grade
16.47
Grade Unit
g/t
Intercept
8.22 m

Classification

Program
resource
Sample Type
drill
Mining Method
unknown

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate grade gold intercept.

Evidence · text

“Drill hole NP26-06B returned 8.22 metres at 0.01% Sb and 16.47 g/t gold”

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"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Share this article Continue Reading Previous 0.28% WO₃ in soil at the White Star Tungsten Project as anomalies emerge Ne"

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.