Canagold’s New Polaris project moves into next phase of environmental assessment

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The recommendation follows Canagold’s recent submission of a detailed project description (DPD) with the BCEAO, outlining a significant reduction in energy usage and potential carbon footprint. In addition, the DPD highlighted that no cyanide will be used in the flotation process, and the tailings storage facility will no longer include materials high in arsenic.

In March 2023, the company kicked off the early engagement phases of the environmental assessment process with the submission of an initial project description (IPD). Canagold has since addressed the concerns raised by communities and governments and incorporated their feedback into the new project plan. This resulted in the decision to forgo the more complex process of on-site doré production in favor of producing a high-grade flotation concentrate.

“This milestone underscores our commitment to responsible mining practices and our ongoing collaboration with the…

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