Canary Gold Corp. (CSE: BRAZ; OTCQB: CNYGF; Frankfurt: K5D) has received additional technical observations and recommendations from Clara Maria Lamus Molina, an internationally recognized geologist-engineer specializing in alluvial gold deposits, providing a roadmap to advance the Rio Madeira Project from preliminary geological observations toward systematic, auditable technical data.
The review supports the company's view that Rio Madeira represents a prospective large-scale alluvial exploration target. The next phase of technical advancement will depend on disciplined validation of paleochannel geometry, gravel continuity, recoverable gold content and volumetric grade, according to a news release.
Ms. Molina's review highlights several positive indicators at the Madeira River Project, including active alluvial gold mining within the Madeira River system, visible free gold observed during inspection of active mining operations, favourable gravel intervals, and geomorphological features compatible with alluvial plains, terraces, paleochannels and high-energy channel environments. Paleochannels and coarse-gravel systems have been identified as priority targets for alluvial gold concentration.
The review recommends 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 has been identified as a key step toward future resource-readiness.
Mark Tommasi, President of Canary Gold, said the Rio Madeira exhibits characteristics commonly associated with alluvial gold systems, including interpreted paleochannel targets, favourable gravel horizons and active alluvial mining within the broader Madeira River region. "The next step is disciplined validation. 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," he said.
Tommasi explained that alluvial gold systems are evaluated on a volumetric basis, where the size and continuity of the paleochannel, thickness of favourable gravels, recoverable gold content, stripping ratio, processing efficiency and throughput are all important. The company's objective is to define the channel, measure the gravel, validate the grade, test recovery and build the database step by step.
Canary has also reviewed mature alluvial gold systems, such as the Nechí alluvial gold system in Colombia operated by Mineros S.A., to understand the technical pathway required to move an alluvial discovery toward resource definition. The company cautions that Nechí is referenced solely as an educational benchmark and no inference should be drawn that the Madeira River Project hosts comparable mineralization, grades or resources.
The company is now reviewing budgets, logistics, access and sequencing for a priority sonic-drilling and sample-processing program at the Madeira River Project. Canary cautions that exploration remains at an early stage, no mineral resource has been defined, and there can be no assurance that continued exploration will result in the delineation of an economic mineral deposit.
Andrew Lee Smith, P.Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release. He serves as Executive Chairman of Canary Gold and is not independent.
