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Canadian Goldfields reports new Swayze Central drilling and core re-assay

Six-hole drilling and a re-assay extended the Michelle Zone picture; true widths and historical collar details remain qualified.

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Canadian Goldfields Discovery reported results from six 2026 drill holes totalling 1,422 metres, a soil survey and a quarter-core re-assay at its Swayze Central property in Ontario. Re-assayed historic hole RPX-10-02 returned 35.00 metres at 3.26 g/t gold from 93 metres, including 3.00 metres at 15.11 g/t and 5.00 metres at 6.08 g/t. The source says the historic collar and orientation have not been independently verified.

New hole CGM26-003 returned 48.5 metres at 0.54 g/t gold from 61.5 metres, with an estimated true width of about 24.3 metres based on the company’s interpretation; hole CGM26-004 returned 20.8 metres at 0.56 g/t from 7.2 metres, with true width not stated. The 1,808-sample survey over about 113 line-km had gold values up to 2,790 ppb, but the highest single-station values lacked neighbouring anomalous samples. These are exploration results, not a mineral resource or economic study.

Data

Table

Selected Swayze Central gold intervals

Core lengths; the source interprets an approximate true width for CGM26-003.

RPX-10-02 re-assay, historic core35
CGM26-003 Zone 248.5
CGM26-00420.8
CGM26-002 southern IP anomaly20.15
Methodology

Lengths are as reported by the source. The historic RPX-10-02 collar and orientation were not independently verified; CGM26-003 true width is interpreted at about 50%, while widths for other holes are unknown.

Updated:

Table

Swayze Central soil survey

Samples collected over about 113 line-km in the 2026 B-horizon soil survey.

Soil samples collected1808
Methodology

1,808 samples were collected over about 113 line-km; the highest single-station values lacked neighbouring anomalous samples.

Updated:

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  • Canada · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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