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Canary Gold outlines technical steps to validate alluvial gold potential at Rio Madeira project.

Market News
25 Jun 2026
TheNewswire
View Source
Bullish
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Canary Gold Corp. announced a technical review supporting the Rio Madeira project's potential as a large-scale alluvial gold target. The review by expert geologist Clara Maria Lamus Molina recommends systematic validation of paleochannel geometry, gravel continuity, gold content, and volumetric grade using sonic drilling and rigorous sampling methods. This pathway aims to advance the project toward a possible National Instrument 43-101 mineral resource estimate, subject to further exploration success. The company is now planning a focused sonic drilling and sample processing program to build reliable data for future investment decisions, while cautioning that the project remains at an early exploration stage with no defined mineral resource yet.

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