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FAQ: Canary Gold's 20,000-Metre Dual-Rig Drilling Program at Madeira Project
TL;DR
Canary Gold Corp. gains a strategic advantage by mobilizing a dual-rig drilling program to define near-surface mineralization and rapidly assess its large land package in Brazil.
Canary Gold Corp. is executing a 20,000-meter drilling program using specialized screw-auger and reverse circulation rigs with specific spacing, depth, and targeting protocols for geological definition.
This exploration program advances responsible mineral discovery in Brazil, potentially creating economic opportunities while maintaining transparent communication through updated investor materials.
Canary Gold is using a specialized screw-auger drilling technique optimized for unconsolidated ground to recover high-quality samples from the unique Mocururu geologic horizon.
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Canary Gold Corp. has announced the mobilization of its 2026 exploration program at the Madeira Project, marked by the arrival of the first drill rig on site for a comprehensive 20,000-metre dual-rig drilling campaign.
The program consists of approximately 20,000 metres of drilling: 5,000 metres of screw-auger drilling across about 100 holes, and 15,000 metres of reverse circulation drilling across about 300 holes.
Screw-auger drilling is optimized for unconsolidated ground to recover high-quality samples from specific geological horizons. Reverse Circulation (RC) drilling is for rapid regional reconnaissance to assess geological continuity and identify new targets across the broader property.
It targets the definition of high-priority geological zones, specifically the 'Mocururu' geologic horizon and associated prospective gravel beds, with shallow drilling to a maximum depth of about 50 metres per hole.
The RC program aims to conduct regional reconnaissance drilling to test the broader extent of the property, identify new geological anomalies, and consistently test the oxide profile to a depth of about 50 metres.
The Company expects the arrival of the second RC drill rig during the second half of January, with drilling commencing thereafter.
The Company has engaged Geosol, a leading drilling services contractor, to execute the drilling campaign.
The Company has completed a comprehensive update of its corporate website and investor presentation to more clearly communicate its geological framework, exploration strategy, and land position as it transitions into an active execution phase.
The RC drilling will cover the broader land package included in the original agreement with New Frontiers. Drilling on the additional land package associated with the agreement with Talisman is not contemplated at this stage.
Curated from NewMediaWire
