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Kanagold Appoints Chief Technology Officer

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Vancouver, BC / Accesswire / 10 August 2022 / Canagold Resources Ltd. (TSX:CCM)(OTCQB:CRCUF)(Frankfurt:CANA) (“Company” Also “kana gold“) is pleased to announce the appointment of Mike Doyle as our Chief Technology Officer, effective August 9, 2022.

With extensive experience in exploration, discovery, resource development and mining, Mike is a rare individual with considerable depth and breath in all aspects of mining. ” Director Sofia Bianchi said: “Our board, including Mike, is committed to advancing the New Polaris project towards feasibility study and permitting, instilling the highest standards of environmental practices, sustainability and community consultation. . Mike’s education and decades of practical experience in many jurisdictions around the world make him the only candidate to lead our technical team..”

Mike Doyle, Director, Chief Technology Officer

Mr. Doyle has over 35 years of global mining and exploration experience at Rio Tinto, Inmet, Wardell-Armstrong and Sun Valley Investments. He is a chartered engineer, senior geologist, and has a master’s degree. He has a PhD in environmental management.

Mr. Doyle has experience in exploration, feasibility studies, environmental permits, construction and development of small to large scale mining projects. While at Rio de Tinto, Mr. Doyle directly led the exploration team that discovered the Las He Cruces high-grade copper deposit in southern Spain.

Mr. Doyle is an executive at Sun Valley Investments, responsible for reviewing the company’s existing mining operations and potential investments in exploration and mining projects around the world. Sun Valley is currently producing two high grade narrow vein underground mines with a third under construction. One of the mines went from acquisition to license to construction to its first gold spill in just four years.

About Kanagold

Canagold Resources Ltd. is a growth-oriented gold exploration company focused on advancing the New Polaris project through feasibility and permitting. Canagold also looks to expand its asset base through future acquisitions of additional advanced projects. Canagold has access to a team of technical experts who help drive significant value for all his Canagold shareholders.

On behalf of the Board of Directors

“Katarin Kilofsky”

Katalin Kirofski
Chief executive officer

For more information, please contact:

Knox Henderson, Vice President of Corporate Development
Toll Free: 1-877-684-9700; Phone: (604) 604-416-0337; Cell: (604) 551-2360

Neither TSX Exchange nor its regulated service providers (as that term is defined in the TSX Exchange Policy) assumes responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities laws. Statements contained in this news release that are not historical facts are forward-looking information that involve known and unknown risks and uncertainties. Forward-looking statements in this news release include statements regarding Canagold’s future performance and our plans and exploration programs for mineral properties, including the timing of such plans and programs; is not limited to In some cases, forward-looking statements may include words such as “planned,” “proven,” “expects,” “does not expect,” “anticipates,” “may,” “will occur.” Identifiable by the use of words. “budget”, “planned”, “estimate”, “forecast”, “at least”, “intend”, “forecast”, “not foresee” or “believe” or variations of such words or phrases; or state-specific actions, events, or outcomes such as “could”, “could”, “could”, “could”, or “performed”, “occurred”, or “achieved”.

Forward-looking statements involve known and unknown risks, uncertainties and the Company’s actual results, performance or performance may differ materially from future results, performance or achievements expressed or implied by the forward-looking statements. Includes other factors that may vary. Such risks and other factors include, among other things, risks associated with the uncertainties inherent in Mineral Resource estimates. commodity prices; changes in general economic conditions; market sentiment; exchange rates; our ability to raise funds through equity financing; Risks inherent in mineral exploration. Risks associated with doing business in a foreign country. future prices of metals; equipment or processes not performing as expected; mining accidents, labor disputes, and other risks; Delays in obtaining government approval. Government regulation of mining operations. environmental risks; title disputes or claims; insurance coverage limitations, and the timing and possible consequences of litigation. We have attempted to identify important factors that could affect us and could cause our actual actions, events or results to differ materially from those set forth in the forward-looking statements. However, there may be other factors that cause an action, event, or outcome to be otherwise. As expected, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Therefore, you should not place undue reliance on forward-looking statements. All statements are made as of the date of this news release, and we undertake no obligation to update or revise any forward-looking statements, except as required by applicable securities laws. not.

sauce: Kanagold Resources Co., Ltd.

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