Canadian Gold Corp. Lifting of Evacuation Order in Flin Flon, Manitoba

Canadian Gold Corp. Lifting of Evacuation Order in Flin Flon, Manitoba

Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to share that 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 workers, RCMP, and emergency response teams who helped to protect the community and made this safe return possible." - Michael Swistun, CFA, President & CEO

For Further Information, Please Contact:
Michael Swistun, CFA
President & CEO
Canadian Gold Corp.
(204) 232-1373
info@canadiangoldcorp.com

Social Media Accounts:
X (Twitter)
Instagram
Facebook
LinkedIn

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Canadian Gold Corp.

Canadian Gold Corp. is a Canadian-based 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, Manitoba. The historic Tartan Mine currently has a 2017 indicated mineral resource estimate of 240,000 oz gold (1,180,000 tonnes at 6.32 g/t gold) and an inferred estimate of 37,000 oz gold (240,000 tonnes at 4.89 g/t gold). (Tartan Lake Project Technical Report, Manitoba, Canada, April 2017 authored by Mining Plus Canada Consulting Ltd.). The Company also holds a 100% 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 (QC), the Hemlo Mine (ON) and Hammond Reef Project (ON). McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) holds a 5.7% interest in Canadian Gold, and Robert McEwen, the founder and former CEO of Goldcorp, and Chairman and CEO of McEwen Mining, holds a 32.7% interest in Canadian Gold.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

This news release of the Company contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Canadian Gold's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256756

News Provided by Newsfile via QuoteMedia

CGC:CC
The Conversation (0)
Gold bars on US money.

WGC: Gold to Hold Near US$4,100 in Second Half of 2026

The global gold price will remain rangebound around US$4,100 per ounce in the second half of 2026 under current conditions, according to the World Gold Council’s (WGC) mid-year outlook report.The projection follows a period of high price volatility for the yellow metal. Spot gold reached an... Keep Reading...
Will Rhind, gold bars.

Will Rhind: Gold Price Takes a Hit, This Catalyst to Drive Next Leg

Will Rhind, CEO of GraniteShares, weighs in on gold's pullback below US$4,000 per ounce, identifying what needs to happen for the price to rise. "The trend I think in terms of the dollar cycle has to reverse," he explained. "In other words, the dollar has to start getting weaker on a more... Keep Reading...
Gold bars in stacks with words "5 Top Canadian Mining Stocks This Week" on top.

Top 5 Canadian Mining Stocks This Week: Grande Portage Resources Gains 32 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian news impacting the resource sector.Statistics Canada released May’s consumer price index data on Monday (June 22). The data shows that... Keep Reading...
Rhona O'Connell.

Rhona O'Connell: Gold Price Drop — Why it Happened, What's Next

Rhona O'Connell, StoneX's head of market analysis, EMEA and Asia, breaks down gold's price activity over the last six months, including its correction at the beginning of the year and this week's fall below the much-watched US$4,000 per ounce level. Although the metal is now back above US$4,000,... Keep Reading...
Wooden blocks with arrows and "GOLD PRICE" text sit on piles of gold coins against a black background.

Gold Price Falls Below US$4,000, How Low Can it Go?

Gold is feeling the summer heat with a drop below US$4,000 per ounce on Wednesday (June 24). The yellow metal hasn't been below that key psychological level since November 2025, but a stronger US dollar, expectations of higher interest rates and cooling tensions in the Middle East are combining... Keep Reading...
Guinea flag.

Guinea Bans Raw Gold Exports to Force Domestic Refining

Guinea has banned the export of raw gold effective immediately, requiring all industrial and artisanal miners to process the precious metal domestically before shipping.According to a Bloomberg report, Guinean President Mamadi Doumbouya announced the policy during a meeting with mining... Keep Reading...

Interactive Chart

Latest Press Releases

Related News