Canary Gold Corp. (CSE: BRAZ; OTCQB: CNYGF; Frankfurt: K5D) announced it has received additional technical observations and recommendations from Clara Maria Lamus Molina, an internationally recognized geologist-engineer specializing in alluvial gold deposit evaluation. The review provides a practical roadmap to advance from preliminary geological observations toward systematic, representative, and auditable technical data for the Rio Madeira alluvial gold project in Brazil.
The review supports the company's view that Rio Madeira represents a prospective large-scale alluvial exploration target, where the next phase of technical advancement depends on disciplined validation of paleochannel geometry, gravel continuity, recoverable gold content, and volumetric grade. The company believes this work positions the project for future exploration milestones and evaluation of whether sufficient technical information can ultimately support a National Instrument 43-101 compliant mineral resource estimate, subject to continued exploration success.
Ms. Molina's review highlighted several positive indicators, including active alluvial gold mining observed within the Madeira River system, visible free gold during inspection of active mining operations, favorable gravel intervals, and geomorphological features compatible with alluvial plains, terraces, and paleochannels. She recommended sonic drilling as a preferred validation tool in priority target areas, along with recovered-volume control, standardized logging, granulometry, gold-particle classification, QA/QC, and chain-of-custody procedures. Geological-volumetric modeling was identified as a key step toward future resource-readiness.
Alluvial gold systems are formed when gold is naturally liberated from source rocks, transported by ancient or modern river systems, and concentrated by hydraulic sorting within favorable sedimentary environments. Canary's exploration model at the Madeira River Project focuses on identifying preserved paleochannel and high-energy gravel environments where gold may have been concentrated and preserved.
Mark Tommasi, President of Canary Gold, stated: "Rio Madeira exhibits several characteristics commonly associated with alluvial gold systems. The next step is disciplined validation. Ms. Molina's review gives us a clear technical pathway to test the project in a way that is systematic, auditable, and meaningful for investors." He added that alluvial gold systems are evaluated on a volumetric basis, where the size and continuity of the paleochannel, gravel thickness, recoverable gold content, stripping ratio, processing efficiency, and throughput are important.
A central recommendation is the use of sonic drilling, which is well-suited to unconsolidated alluvial environments because it can improve sample recovery, preserve stratigraphic relationships, reduce contamination, improve fine-material recovery, and support more accurate measurement of recovered sample volume. These factors are critical where gold distribution can be irregular and reliable evaluation depends on representative sampling, volume control, and repeatable recovery methods.
Future work is expected to focus on systematic sonic drilling in priority areas, metre-by-metre geological logging, recovered-volume measurement, controlled sample processing and gravity concentration, gold-particle recovery and classification, laboratory validation, and geological-volumetric modeling.
Canary has also reviewed mature alluvial gold systems, such as the Nechí system in Colombia operated by Mineros S.A., as an educational benchmark. However, the company cautions that Nechí is materially more advanced and not directly comparable.
The company is now reviewing budgets, logistics, access, and sequencing for a priority sonic-drilling and sample-processing program. It cautions that exploration remains at an early stage, with no mineral resource defined and no assurance that an economic deposit will be delineated.
Andrew Lee Smith, P.Geo., the qualified person under NI 43-101, has reviewed and approved the technical information in this release. Mr. Smith serves as Executive Chairman of Canary Gold and is not independent.
For more information, visit Canary Gold's website.
