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Canadian Goldfields completes acquisition of Newton Gold Property with strong historic gold results in Ontario.

Company Fundamentals
20 May 2026
Newsfile Corp
View Source
Bullish
pluang ai news

Canadian Goldfields Discovery Corp. has finalized its acquisition of the Newton Gold Property in Ontario, a highly prospective site within the Swayze Greenstone Belt known for significant historic gold drill results. The property features notable past drill intercepts, including 35m at 4.05 g/t Au and 40m at 2.65 g/t Au, highlighting its potential for orogenic gold deposits similar to major gold camps in the region. The acquisition involved issuing 12.5 million common shares to Newton Gold shareholders with resale restrictions. Canadian Goldfields plans to focus future exploration on the orogenic gold deposit types present on the property, aiming to unlock value through disciplined exploration and drilling.

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