Canadian Goldfields Advances 2026 Exploration Program at Miminiska Gold Project

Canadian Goldfields Discovery Corp. announced the commencement of its 2026 Fall Exploration Program at the Miminiska Gold Project in northwestern Ontario. The initiative focuses on soil geochemical surveys comprising approximately 1,500 samples across 7.5 km, high-resolution airborne magnetic mapping across the 6,366-hectare property, and winter camp construction. Exploration efforts aim to test approximately 12 kilometers of prospective strike between the known Miminiska and Frond Zones, which remain largely untested by historical drilling.

The company highlighted a collaborative partnership with Eabametoong First Nation (EFN), including planned community visits and an exploration agreement foundation. Historical drill results provided for context show high-grade intercepts at both the Miminiska Zone, such as 4.85m at 17.83 g/t Au, and the Frond Zone, such as 1.31m at 14.74 g/t Au.

This update follows the July 2026 announcement of a fully funded 1,500-metre inaugural drill program at the Swayze Central project, indicating parallel exploration acceleration across both Ontario assets.

Canadian Goldfields Discovery Corp. (CGM) released an update that represents a standard, expected progression of its previously announced 2026 exploration calendar. The announcement includes no new drill results, resource estimates, or financing announcements. Instead, the company is focusing on soil sampling, magnetic surveys, and camp preparation as routine preparatory work for an anticipated winter diamond drill program. This update aligns with historical news and management's stated exploration timeline. Given the lack of new data or capital, the market impact is expected to be minimal and incremental.

Canadian Goldfields Discovery Corp. (CGM) is a pre-revenue gold exploration company focused on two primary assets in Ontario: the Miminiska Gold Project and the Swayze Central Gold Project, formerly known as Newton. The Miminiska property features a 14-kilometer interpreted iron-formation trend with historical drilling totaling approximately 28,000 meters and high-grade intercepts. The Swayze Central site is located in the Swayze Greenstone Belt and features historical high-grade gold intercepts and orogenic gold deposit potential. The company is in the early exploration phase, relying on equity financing to fund geological surveys, drilling, and general working capital.