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Canagold Resources Ltd.

10:06 AM EST - Canagold Resources Ltd. : Announced the results from the last three holes by Getchell Gold Corp. from their six-hole 1,995-metre diamond drill program at the Fondaway Canyon Gold Project in Nevada. Getchell has an option to acquire 100% interest in Fondaway Canyon from Canagold by paying $4 million U.S. in cash payments and share issuances and incurring annual exploration expenditures on the property Upon exercise of the option Canagold will retain a 2% NSR on the Project. Canagold Resources Ltd. shares T.CCM are trading up $0.01 at $0.73.