Canary Gold Corp. (CSE: BRAZ; OTCQB: CNYGF; Frankfurt: K5D) has installed and commissioned a second centrifuge at its exploration sampling facility in Porto Velho, Rondonia, Brazil. The company announced the development on April 9, 2026, marking a key step in scaling its exploration activities at the Madeira River Project.
The addition of a second centrifuge is expected to increase sample processing capacity and improve turnaround times, enabling more efficient handling of increasing sample volumes as field activities expand. Canary Gold is advancing a systematic exploration program across its district-scale land package, targeting approximately 80 kilometres of interpreted gold-bearing stratigraphy associated with the Madeira River system. The enhanced processing capability will support ongoing reconnaissance drilling programs, including a screw auger and reverse-circulation drilling campaign targeting prospective Mocururu stratigraphy and paleochannel targets within the company's tenement package in Rondonia.
Mark Tommasi, President of Canary Gold, stated, “We are pleased to have installed a second centrifuge at our Porto Velho facility, which represents another important step in scaling our exploration activities at the Madeira River Project. This additional capacity is expected to enhance our ability to process samples efficiently and support the continued advancement of our reconnaissance drilling efforts across the project.”
Canary Gold 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 expanded 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. The total consideration of CAD $1.7 million has been satisfied through staged cash and share payments. Talisman retains a 1.0% net smelter return (NSR) royalty on future production from the acquired tenements, one-half of which (reducing the NSR to 0.5%) may be repurchased by the company at any time for CAD $1.0 million. These interests provide Canary Gold with a dominant land position in the Madeira River region, one of Brazil's most prospective yet underexplored gold provinces.
The scientific and technical information in this news release has been reviewed and approved by Andrew Lee Smith, P.Geo., a Qualified Person as defined by National Instrument 43-101. Mr. Smith serves as Executive Chairman of Canary Gold Corp. and is not independent of the company.
Canary Gold Corp. is a Canadian public exploration company focused on gold projects in Brazil. For further information, visit the company's website at www.canarygold.ca.
