Canagold Resources (TSX: CCM; US-OTC: CRCUF) is drilling 7,000 metres this year at New Polaris in northwestern British Columbia to pull more antimony into the project’s economics, CEO Catalin Kilofliski said.
“While the antimony production is captured in the current mine plan, there is zero revenue associated with that,” CEO Catalin Kilofliski told The Northern Miner’s Western Editor, Henry Lazenby, this month at the PDAC annual convention in Toronto. “We’re fixing all that right now through this drilling campaign.”
The holes are to test targets around the existing antimony core with the aim of adding both antimony and gold without changing much of the existing shape of the mine. In parallel with permitting, Canagold is working towards a construction decision by the end of 2027.
Watch the full interview below:
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