Canary Gold Corp. has signed a drilling services contract with Geosol and Geosedna, subsidiaries of Brazil's largest drilling services group Geopar, to conduct a 20,000-meter drilling program at its Madeira River Project in Rondônia, Brazil. The program consists of two concurrent components: approximately 5,000 meters of screw-auger drilling by Geosol and approximately 15,000 meters of Reverse Circulation-Aircore drilling by Geosedna.
The drilling initiative follows positive geological validation from the company's first year of field exploration and builds on heavy-mineral results recently analyzed by Overburden Drilling Management. The screw-auger program will focus on known Mocururu outcrops and conduct short step-outs to trace shallow extensions beneath cover, while the RC-AC program will systematically evaluate approximately 80 kilometers of prospective strike length within Canary's tenements using a 2 km × 1 km grid configuration.
This drilling represents the next major step toward defining the scale and continuity of gold-bearing Mocururu and related secondary gold targets. The program's importance lies in its potential to transform understanding of gold mineralization in Brazil's Madeira River region, which remains one of the country's most prospective yet underexplored gold provinces. The data generated will be instrumental in determining the distribution, thickness, and continuity of gold-bearing units across Canary's dominant land position.
Mark Tommasi, President of Canary Gold, stated that securing Geosol and Geosedna represents a major operational milestone and that the program's scale and design constitute the most comprehensive subsurface evaluation undertaken by the company to date. The company is now positioned to rapidly accelerate its exploration strategy following consistent support for its geological thesis from fieldwork and ODM's positive heavy-mineral results.
Mobilization will commence in early January with drilling to begin following site preparation, staging, and land access. The company will provide further updates as drilling progresses. The scientific and technical information has been reviewed and approved by Andrew Lee Smith, P.Geo., Executive Director of Canary Gold Corp., who is a Qualified Person as defined under National Instrument 43-101.
It is important to note that the information disclosed relates to early-stage exploration results, and heavy-mineral analyses and field-based observations do not provide quantitative gold grades and cannot be used to estimate mineral resources. Additional drilling, systematic sampling, and assay verification are required to determine the significance of the geological features described. Visible gold observations are qualitative field observations only and do not confirm grade, continuity, or the presence of economic mineralization.
The company holds an option to earn up to a 70% undivided interest in the Rio Madeira Project and recently entered into a definitive agreement to acquire a 100% interest in ten additional mineral tenements totaling approximately 94,700 hectares from Talisman Venture Partners Ltd. For more information, visit https://www.canarygold.ca.
