Vancouver, British Columbia — December 9, 2025 — Leads & Copy — Canary Gold Corp. (CSE: BRAZ; OTC: CNYGF; Frankfurt: K5D) has announced the identification of new “Mocururu” outcrops, an iron-cemented gravel known for hosting gold mineralization in the Madeira River area.
Preliminary panning of samples from these outcrops revealed visual gold particles in concentrates. The company noted that the visual observation of gold is qualitative and doesn’t confirm grade, continuity, or economic significance.
Duplicate and replicate samples are being prepared for analysis at SGS Laboratory in Brazil and physical examination at Overburden Drilling Management Ltd. (ODM) in Canada.
The outcrops are located within a belt exhibiting favorable geological characteristics near the Madeira River’s right bank, according to the company’s geological team.
The company believes that sediments prospective for gold, originating from Andean erosion, have accumulated over time within the Madeira River basin in Rondônia, Brazil.
Canary Gold’s exploration strategy involves the evaluation of collected data for a major drilling program scheduled to begin in early 2026 across the company’s tenement holdings.
According to President Mark Tommasi, the team continues to uncover encouraging indications of a gold-bearing sedimentary system across their land package and these discoveries justify the drill campaign planned for early 2026.
Andrew Lee Smith, P.Geo., Executive Director of Canary Gold Corp. and a Qualified Person under National Instrument 43-101, has reviewed and approved the scientific and technical information in the release.
Smith is not independent of the company, as he holds an executive and board position.
The qualified person verified the scientific and technical information through reviews of geological logs, field notes, sampling documentation, heavy-mineral concentrate reports, analytical certificates, and laboratory procedures from the company’s 2025 exploration program. The assessment included sampling methods, chain-of-custody protocols, sample security, and analytical methods used by Overburden Drilling Management Ltd. (ODM). Drill core photographs, stratigraphic profiles, and field observations were compared with laboratory findings.
The company noted the information relates to early-stage exploration results, including heavy-mineral indicator mineral data, reconnaissance sampling, and geological interpretations. Heavy-mineral analyses and field-based observations do not provide quantitative gold grades and cannot be used to estimate mineral resources. Further drilling, systematic sampling, and assay verification are required to determine the significance of the geological features described.
Visible gold described in the release is a qualitative field observation only and does not confirm grade, continuity, or economic mineralization. Quantitative determination of gold content requires fire-assay analysis and appropriate QA/QC procedures. Early-stage occurrences of visible gold should not be interpreted as indicative of a mineral resource or economic viability.
Any reference to potential mineralization, sediment-hosted or paleoplacer systems, or regional metal enrichment is conceptual. Insufficient exploration has been conducted to define a mineral resource, and it is uncertain whether further exploration will result in the delineation of a mineral resource. Geological models, including interpretations of the Mocururu horizon, sediment provenance, placer maturity, and basin-scale transport mechanisms, are interpretive hypotheses based on limited datasets and should not be considered definitive.
Historical information, academic references, or third-party geological interpretations have not been independently verified by the Qualified Person and may not be representative of mineralization within Canary Gold’s current tenement boundaries. Historical information is not being treated as current and should not be relied upon until verified by the Company.
ODM Ltd is a Canadian international laboratory specializing in heavy-mineral concentrate analysis and sediment provenance studies for mineral exploration programs.
Canary Gold Corp. is a Canadian public exploration company focused on gold projects in Brazil. It holds an option to earn up to a 70% undivided interest in the Rio Madeira Project through staged exploration expenditures and milestone payments.
In August 2025, the Company entered into an agreement to acquire a 100% interest in ten additional mineral tenements totaling approximately 94,700 hectares from Talisman Venture Partners Ltd. for CAD $1.7 million, satisfied through staged cash and share payments. Talisman retains a 1.0% net smelter return (NSR) royalty on future production from the acquired tenements, which may be repurchased by the Company for CAD $1.0 million.
These interests provide Canary Gold with a strategically consolidated land position in the Madeira River region of Rondônia State in Brazil.
For Further Information, Please Contact:
Mark Tommasi, President
Tel: (604) 318-1448
Source: Canary Gold Corp.
