Mr. Ronald Goguen reports

CANADIAN GOLD RESOURCES LTD. ANNOUNCES ADOPTION OF QUARTERLY REPORTING EXEMPTION UNDER COORDINATED BLANKET ORDER 51-933

Canadian Gold Resources Ltd. has adopted semi-annual financial reporting (SAR). This news release is being issued and filed pursuant to Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (CBO 51-933).

CBO 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. By adopting SAR, Canadian Gold aims to reduce the administrative and financial burden associated with quarterly reporting, allowing management to focus its resources on the company's exploration and development programs.

As a result of adopting SAR, the company will not file interim financial statements and related management discussion and analysis for the three-month period ending March 31 and the nine-month period ending Sept. 30 of each applicable fiscal year. Canadian Gold will continue to file audited annual financial statements (due within 120 days of Dec. 31) and six-month interim financial reports and related MD&A (due within 60 days of June 30).

The company remains committed to timely and transparent disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102, Continuous Disclosure Obligations.

About Canadian Gold Resources Ltd.

Canadian Gold Resources is a junior exploration company advancing three high-grade gold properties totalling approximately 16,000 hectares in Quebec's Gaspe Peninsula. The company's strategy is to unlock the potential of historically explored assets through modern exploration and development, supported by a management team with a proven record in discovery and project advancement.

We seek Safe Harbor.