Canary Gold Corp. (CSE: BRAZ; OTC: CNYGF; Frankfurt: K5D) has identified a sequence of new 'Mocururu' outcrops at its Madeira River Project in Rondonia, Brazil, according to a press release dated December 9, 2025. The Mocururu is an iron-cemented gravel historically recognized in the area for hosting gold mineralization. Preliminary panning of samples collected from these new occurrences resulted in the visual observation of gold particles in concentrates. However, the company cautions that visual gold is a qualitative observation only and does not confirm grade, continuity or economic significance.
Additional duplicate and replicate samples are being prepared for analysis at SGS Laboratory in Brazil and for physical examination at Overburden Drilling Management Ltd. (ODM), an internationally recognized Canadian laboratory specializing in heavy-mineral concentrate assessments. The newly identified outcrops are situated within a belt interpreted by the Company’s geological team as a zone exhibiting the most favourable geological characteristics observed to date adjacent to the right bank of the Madeira River. The integration of these discoveries, alongside ongoing data collection efforts, continues to support the Company's hypothesis that sediments prospective for gold, originating from Andean erosion, have accumulated over time within the Madeira River basin in Rondônia, Brazil.
These datasets underpin Canary Gold’s phased exploration strategy and will be further evaluated during the major drilling program scheduled to commence in early 2026 across the Company’s extensive tenement holdings. Click Here to see Figure 2, which shows visible gold occurrences in panned concentrate from the newly discovered Mocururu samples.
Mark Tommasi, President of Canary Gold, commented: 'Our team continues to uncover encouraging indications of a gold-bearing sedimentary system across our land package. These new Mocururu discoveries fit directly into our broader exploration strategy and provide further justification for the significant drill campaign we have planned for early 2026.'
The scientific and technical information in this news release has been reviewed and approved by Andrew Lee Smith, P.Geo., Executive Director of Canary Gold Corp., who is a 'Qualified Person' as defined under National Instrument 43-101. Data verification included assessment of sampling methods, chain-of-custody protocols, and a review of analytical methods used by ODM. The company notes that heavy-mineral analyses and field-based observations do not provide quantitative gold grades and cannot be used to estimate mineral resources. Additional drilling, systematic sampling, and assay verification are required to determine the significance of the geological features described.
Canary Gold Corp. is a Canadian public exploration company focused on the acquisition and development of gold projects in Brazil. The Company holds an option to earn up to a 70% undivided interest in the Rio Madeira Project. In August 2025, the Company further advanced its regional strategy by entering into a definitive agreement to acquire a 100% interest in ten additional mineral tenements totaling approximately 94,700 hectares from Talisman Venture Partners Ltd. These interests provide Canary Gold with a dominant and strategically consolidated land position in the Madeira River region of Rondonia State.
