Canary Gold Corp. (CSE: BRAZ; OTCQB: CNYGF; Frankfurt: K5D) has announced that it has received additional technical observations and recommendations from Clara Maria Lamus Molina, a geologist-engineer specializing in alluvial gold deposits, for its Rio Madeira alluvial gold project in Brazil. The review supports the company's view that Rio Madeira represents a prospective large-scale exploration target and provides a practical roadmap to advance from preliminary geological observations toward systematic, representative and auditable technical data.
The company believes the review is an important step in positioning the Madeira River Project for future exploration milestones and evaluating whether sufficient technical information can ultimately support a National Instrument 43-101 compliant mineral resource estimate. Ms. Molina's review highlights several positive indicators, including active alluvial gold mining observed within the Madeira River system, visible free gold during inspections of active mining operations, favourable gravel intervals, and geomorphological features compatible with alluvial plains and paleochannels.
Key recommendations include the use of sonic drilling as a preferred validation tool in priority target areas, recovered-volume control to evaluate gold content on a reliable volumetric basis, and standardized logging, granulometry, gold-particle classification, QA/QC and chain-of-custody procedures. Geological-volumetric modelling is identified as a key step toward future resource-readiness.
Mark Tommasi, President of Canary Gold, stated that the next step is disciplined validation. “Rio Madeira exhibits several characteristics commonly associated with alluvial gold systems, including interpreted paleochannel targets, favourable gravel horizons and active alluvial mining within the broader Madeira River region,” Tommasi said. “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.”
Canary's exploration model at the Madeira River Project is focused on identifying preserved paleochannel and high-energy gravel environments within the broader Madeira River system where gold may have been naturally concentrated. The company is currently in the early stages of a staged alluvial-gold development pathway, with the next phase intended to validate geometry, continuity, gravel thickness, representative grade and recovery characteristics.
A central recommendation from Ms. Molina is the use of sonic drilling, which is considered well suited to unconsolidated alluvial environments because it can improve sample recovery, preserve stratigraphic relationships, and support more accurate measurement of recovered sample volume. Future work is expected to focus on systematic sonic drilling, metre-by-metre geological logging, recovered-volume measurement, controlled sample processing and gravity concentration, gold-particle recovery, and robust QA/QC procedures.
Canary has also reviewed mature alluvial gold systems such as the Nechí alluvial gold system in Colombia, operated by Mineros S.A., as an educational benchmark for how alluvial systems can be evaluated when sufficient drilling and testing have been completed. The company cautions that Nechí is not a direct comparison and no inference should be drawn that Rio Madeira hosts comparable mineralization.
The scientific and technical information in the news release has been reviewed and approved by Andrew Lee Smith, P.Geo., a Qualified Person under NI 43-101 and Executive Chairman of Canary Gold. The company continues to review budgets, logistics, access and sequencing for a priority sonic-drilling and sample-processing program at the Madeira River Project.
Canary Gold Corp. is a Canadian exploration company focused on gold projects in Brazil. It holds an option to earn up to a 70% interest in the Rio Madeira Project and has acquired additional tenements totaling approximately 94,700 hectares. The company cautions that exploration remains at an early stage and no mineral resource has been defined.
