00:20:48 EDT Sat 12 Jul 2025
Enter Symbol
or Name
USA
CA



Canadian Gold Corp
Symbol CGC
Shares Issued 207,063,068
Close 2025-06-24 C$ 0.275
Market Cap C$ 56,942,344
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Canadian Gold sees Flin Flon evacuation order lifted

2025-06-25 12:02 ET - News Release

Mr. Michael Swistun reports

CANADIAN GOLD CORP. LIFTING OF EVACUATION ORDER IN FLIN FLON, MANITOBA

Canadian Gold Corp. says the evacuation order affecting the town of Flin Flon has been lifted, and it is therefore expected that critical services and other businesses will resume activities.

Canadian Gold had temporarily paused drilling operations at its Tartan mine property near Flin Flon during the evacuation. Access to backcountry areas, including the Tartan mine, remain restricted until further notice due to the close proximity to active forest fires. Once access is restored and the field crews have been able to return to the site, the company will provide an update on surface infrastructure at Tartan.

"Our thoughts remain with those who were impacted, and we thank all the firefighters, EMS (emergency medical services) workers, RCMP (Royal Canadian Mounted Police) and emergency response teams who helped to protect the community and made this safe return possible," said Michael Swistun, CFA, president and chief executive officer.

About Canadian Gold Corp.

Canadian Gold is a mineral exploration and development company whose objective is to expand the high-grade gold resource at the past-producing Tartan mine, located in Flin Flon, Man. The historical Tartan mine currently has a 2017 indicated mineral resource estimate of 240,000 ounces of gold (1.18 million tonnes at 6.32 grams per tonne gold) and an inferred estimate of 37,000 oz gold (240,000 tonnes at 4.89 g/t gold). The company also holds a 100-per-cent interest in greenfields exploration properties in Ontario and Quebec adjacent to some of Canada's largest gold mines and development projects, specifically the Canadian Malartic mine (Quebec), the Hemlo mine (Ontario) and the Hammond Reef project (Ontario). McEwen Mining holds a 5.7-per-cent interest in Canadian Gold, and Mr. McEwen, the founder and former chief executive officer of Goldcorp, and chairman and CEO of McEwen Mining, holds a 32.7-per-cent interest in Canadian Gold.

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