Canadian Goldfields Discovery Finishes Inaugural Drill Program at Swayze Central Gold Project; Shares up 10.5%

11:16 AM EDT, 09/02/2026 (MT Newswires) -- Canadian Goldfields Discovery (CGM.V) completed its inaugural diamond drill program at the Swayze Central Gold Project in Ontario, it said Wednesday. The company drilled six holes totaling 1,422 meters, testing priority targets identified through its initial field work completed along with a review and interpretation of historical exploration data, it said. Assay results from the program are pending, it added. The company also conducted an extensive soil geochemical survey across Swayze Central. "We have now tested priority targets with 6 drill holes while continuing a broad soil geochemical program across the property," said Chief Executive Officer John Booth. "With assays pending and additional exploration data being generated, we are looking forward to bringing these results together and using them to define the next phase of exploration at Swayze Central." The company's shares were last seen up C$0.02 to C$0.21 on the TSX Venture Exchange. Price: 0.21, Change: +0.02, Percent Change: +10.53