Canadian Goldfields Confirms High-Grade Gold at Michelle Zone, Swayze Central, with Historic Drill Hole Re-Assay Returning 35.00 m at 3.26 g/t Gold, Including 3.00 m at 15.11 g/t and 5.00 m at 6.08 g/t Gold

VANCOUVER, British Columbia, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Canadian Goldfields Discovery Corp. (TSX-V: CGM, OTCQB: CGMXF) (“Canadian Goldfields” or the “Company”) is pleased to report high-grade gold results from the re-assaying of historic drill core from the Michelle Zone at its Swayze Central Property in Ontario, alongside results from six recently completed diamond drill holes and a B-horizon soil geochemical survey. The re-assay of historic hole RPX-10-02 returned 35.00 metres at 3.26 g/t gold, including 3.00 metres at 15.11 g/t gold and 5.00 metres at 6.08 g/t gold (true widths unknown), independently confirming the Company's recalculated historic results and reinforcing the gold potential of the Michelle Zone.