Canagold submits New Polaris environmental application

Executive Summary

• Canagold Resources Ltd. has filed an environmental assessment (EA) application with the B.C. Environmental Assessment Office for its New Polaris gold-antimony project.
• This submission advances the project into the formal provincial review process, marking a critical milestone that brings the company closer to a final construction decision.
• The EA application integrates extensive technical studies, environmental baseline work, and comprehensive stakeholder engagement, underscoring the project's economic potential and the strategic importance of antimony as a critical mineral.

Key Details

• Regulatory Filing: Submitted EA application to the B.C. Environmental Assessment Office.
• Project Focus: New Polaris gold-antimony project.
• Project Stage: Advances into formal provincial review process, moving closer to a construction decision.
• Technical & Environmental Work: Culmination of extensive technical studies, environmental baseline work, and detailed impact assessments with incorporated mitigation measures to minimize environmental footprint and support long-term sustainability.
• Stakeholder Engagement: Prioritized substantive, transparent engagement with Indigenous nations, local communities, regulators, and key stakeholders throughout development; feedback has actively shaped project design and environmental management strategies.
• Economic & Strategic Impact: Expected to deliver employment opportunities, regional investment, and government revenue contributions; inclusion of antimony enhances strategic importance for secure and responsible critical mineral supply chains.
• Financial/Technical Basis: Feasibility study demonstrates solid project economics (referenced in attached table).
• Qualified Person: Garry Biles, PEng (President & COO), validated and approved all technical and scientific content per National Instrument 43-101.

Notable Quotes

• "The submission of our EA application is a pivotal moment for the New Polaris project," stated CEO Catalin Kilofliski. "This milestone reflects not only the advancement of the New Polaris project, but also the strength of the relationships we have built along the way. Our approach has always been grounded in meaningful engagement, transparency, and respect for indigenous nations and local communities."