1844 Resources is pleased to announce that Forage Val d'Or Inc. equipment is mobilized on the Lac Arsenault project and the diamond drilling campaign has started. The campaign includes 13 core holes totaling approximately 2,000 meters, targeting the lateral and depth extensions of known mineralized zones. This campaign follows on from the mapping work and the positive results of the induced polarization geophysical survey [...]
1844 Resources Inc. is pleased to announce that it will, in association with Paul Benwell & Associates be presenting a live webinar at 12:00 PM eastern standard time on February 16, 2021. During the webinar, Mr. Sylvain Laberge, President and CEO of 1844 will be presenting the latest exploration work underway on the Lac Arsenault Gold Project, as well as providing a general corporate update. Mr. Laberge states "We look [...]
1844 Resources Inc. is pleased to announce that it has begun trading under its new name, 1844 Resources Ltd., and under the new trading symbol “EFF”. This new name and symbol replace the former Gespeg Resources Ltd. And “GCR” respectively. As per press release from December 29, 2020, 1844 Resources Inc. was selected due to its association with the first exploration and geological survey of the Gaspé Peninsula, completed [...]
Gespeg Resources announces that effective on or about January 7, 2021, the Company’s name will change from “Gespeg Resources Ltd.” to “1844 Resources Inc.”. The company is changing through a mutual agreement with the elected band council and the elected Chief Terry Shaw of the Gespeg community of the Mi’kmaq nation situated at the east end of the Peninsula a few kilometers from Gaspé. It has been an honor to represent the [...]
Gespeg Resources Ltd. is pleased to announce the closing of a non-brokered private placement for total gross proceeds of $548,549.92. The closing consists of 900,000 Non-Flow through Units at a price of $0.08 per Unit and 4,332,272 flow-through common share in the capital of the Company at a price of 0.11 per FT Share. Each Unit consists of one common share in the capital of the Company and one half of a common share [...]
Gespeg Resources Ltd. is pleased to announce that the recently completed induced polarization survey identified several well-defined chargeability anomalies on its Lac Arsenault gold project. The IP Survey was one of the exploration tools deployed on the Lac Arsenault gold project since September of 2020. The highlights from the IP Survey include: 18 Priority 1 and 2 polarized axes are concentrated in an area of 500 by [...]
Gespeg Resources Ltd. announces a financing up to $300,000 in non flow through units. The Units, priced at $0.08, will consist of one share and one half of one common share purchase warrant, with each full warrant exercisable at a price of $0.12 for 24 months, and $1,000,000 in flow through shares at an issue price of $0.11. The Company has lead orders in place totalling $300,000. The proceeds of the flow through will be [...]
Gespeg Resources Inc. is pleased to announce that it has identified multiple zones at Lac Arsenault that present similar structural context as the Baker, Mersereau, Marleau and L4W gold veins. The mapping work that has been recently completed has made it possible to develop a conceptual model of the formation and deformation of the quartz veins of the Lac Arsenault gold project. The gold-enriched zones are developed along [...]
Gespeg Resources Inc. is pleased to announce that, based on the initial results of the exploration program, it has acquired an additional 36 new claims at Lac Arsenault. The new claims adjoin the Company’s existing claims to the east and the west. With this acquisition, the Lac Arsenault project now consist of 75 claims covering a surface of 3,918 hectares or 39 square kilometres. The property hosts a known gold vein [...]
Gespeg Resources Inc. is pleased to provide an update of the exploration work on its 100% owned Lac Arsenault project, located in the center of the Gaspé Peninsula, Quebec. Gespeg is currently proceeding with exploration, trenching and geophysical work following the completion of the structural geology report by Mr. Jean-Philippe Desrochers P.Geo, Ph.D.. The soil samples collected in the field have been sent for assay [...]
Gespeg Resources Ltd. is pleased to announce that it has signed a Letter of Intent with J.A. MacLeod Exploration Reg’d. Gespeg agrees to grant to J.A. MacLeod fifty percent (50%) undivided interest in the Davidson Project. In return, J.A.MacLeod will pay a symbolic amount of $5,000 and participate equally in all exploration and development expenditures on the Property. The two parties will put together a committee to [...]
Gespeg Resources Ltd. announces, further to its news release of December 31, 2019, that it has completed the second tranche of its private placement and has raised gross proceeds of $95,450.00. The second tranche closing consisted of 1,909,000 units at a price of $0.05 per Unit. Each Unit consists of one common share in the capital of the Company and one half of one share purchase warrant. Each Warrant will entitle the [...]
