Northwire Canada EditionFriday, November 13, 2026
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Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 992.00 −5.2% SEA 35.00 −3.2% GLO 0.300 −6.2% WM 1.42 −2.1% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2%
Drill Results

Canadian Gold Corp. Tartan Mine "Western Flank" Step-Out Drilling Continues to Deliver

By The Northwire Desk — AI Analysis Nov 27, 2025 · 07:01 CGC · 0.56 Canadian Gold Corp.
CGC · Price

Executive Summary

  • Canadian Gold Corp. reported high‑grade drill intercepts from its Phase 4 program at the 100 % owned Tartan Mine, including 12.3 g/t Au over 14 m, 8.2 g/t Au over 9.9 m and 10.7 g/t Au over 4.5 m on the Main Zone’s Western Flank.
  • South Zone drilling also returned notable grades, such as 5.2 g/t Au over 5 m and a broad 82‑m interval averaging 1.3 g/t Au with multiple higher‑grade sections.
  • The company is in the process of being acquired by McEwen Inc., with closing expected in early 2026, positioning the results as material to the pending transaction.

Key Details

  • Main Zone – Western Flank
  • Five new holes expanded mineralization ~30 m west and over an 80‑m vertical extent (440–520 m depth).
  • Highlight intercepts:
    • 12.3 g/t Au over 14.0 m (Hole TLMZ25‑49)
    • 8.2 g/t Au over 9.9 m (Hole TLMZ25‑49W2)
    • 10.7 g/t Au over 4.5 m (Hole TLMZ25‑49W1)

  • 31 of 35 holes (89 %) intersected potentially economic mineralization in the Main Zone to date.

  • South Zone

  • Significant intercepts include:

    • 5.2 g/t Au over 5.0 m (TLSZ25‑38W1) – internal high‑grade up to 12.5 g/t Au over 1.0 m
    • 4.4 g/t Au over 4.0 m (TLSZ25‑40) – internal high‑grade up to 8.9 g/t Au over 1.6 m
    • 82.0 m at 1.3 g/t Au (TLSZ25‑41) with multiple higher‑grade lenses (e.g., 7.2 g/t Au over 1.0 m).

  • Tartan West Property (Near‑Mine Target Generation)

  • Surface grab samples assayed up to 28.9 g/t Au; channel samples up to 28.5 g/t Au.

  • Canadian Gold holds an option to acquire 100 % of the Tartan West property (option disclosed May 16, 2025).

  • Acquisition

  • Canadian Gold is being acquired by McEwen Inc. (NYSE: MUX / TSX: MUX); closing anticipated in early 2026.

  • Technical Information

  • All drill core samples were NQ‑size ½‑core, crushed to 80 % passing –10 mesh and assayed by PhotonAssay at Paragon Geochemical (Surrey, BC) or ALS Labs (Thunder Bay, ON).
  • Qualified Person: Wesley Whymark, P.Geo., Consulting Geologist.

Notable Quotes

  • “The encouraging drill results across the Main and South Zones continue to support our plan for a potential mine restart and enhance the value of Canadian Gold as we move toward closing the McEwen transaction,” – Michael Swistun, President & CEO.
Read the original news release →

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