Pancontinental Resources Corp. announces that it intends to complete a non-brokered private placement financing of up to 12,000,000 units at a price of $0.07 per Unit, and up to 12,500,000 "flow-through" units at a price of $0.08 per unit, for gross proceeds of up to $1.8 million . Each Unit and FT Unit will include a one-half Common Share Purchase Warrant. Each Full Warrant will entitle the holder to purchase a Common [...]
Pancontinental Resources Corporation is finalizing plans for the maiden drill program at its early stage nickel-cobalt-copper Montcalm Project, 65 kilometres northwest of Timmins. The Project covers 3,780 hectares and surrounds Glencore's former Montcalm Mine. Pancon's boundary is about 1 km from the actual mine. Pancon President and CEO, Layton Croft, stated: "We have taken a methodical, scientific approach to crafting [...]
Pancontinental Resources Corporation is pleased to announce its signing of a Memorandum of Understanding , effective October 1, 2018, with the Flying Post First Nation in northern Ontario. The FPFN-Pancon MOU provides a mutually beneficial framework for cooperation on the Company's three battery metals exploration projects, located 65 kilometres northwest of Timmins: the Montcalm Project, the Gambler Project, and the Nova [...]
Pancontinental Resources Corporation provides an update on exploration activities at the Company's early stage nickel-cobalt-copper Montcalm Project, 65km northwest of Timmins, Ontario. The Montcalm Project covers 3,780 hectares and is adjacent to Glencore's former Montcalm Mine. "We are encouraged by initial and ongoing results of our carefully designed geophysical program to identify the best possible drill targets at [...]
Pancontinental Resources Corporation hosted its first public McBride Project Community Information Session at the Limerick Township Community Centre on Sunday, September 9th. The consultative event lasted almost four hours and was attended by more than 200 local residents and cottage owners from Hastings County in southeast Ontario. Pancon President and CEO Layton Croft provided information about the Company and the [...]
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Pancontinental Resources Corporation announced today that initial prospecting and mobile metal ion soil sampling programs on its Nova Project confirmed the presence of cobalt mineralization as well as significant MMI cobalt and gold anomalies. Layton Croft, President and CEO of the Company stated: "We are pleased with the results from our initial surface exploration work at Nova, including results from a series of MMI [...]
Pancontinental Resources Corporation announced today it has completed a Virtual Time Domain Electromagnetic survey over part of the Company's early stage nickel-cobalt-copper Montcalm Property. The Montcalm Property is one of three properties included in the Company's Montcalm West Project, near Timmins, Ontario. The Montcalm Property is adjacent to Glencore's former Montcalm Mine, which previously mined 3.9 million [...]
Pancontinental Resources Corporation provides an update on exploration activities at the Company's advanced stage nickel-cobalt-copper McBride Project , located in Limerick Township, 25 kilometres south of Bancroft, Ontario. The Project contains Historical Resources of an estimated 5.1 million tons of near-surface nickel-cobalt-copper mineralization that includes the North Zone deposit, the South Zone deposit, and the [...]
Pancontinental Resources provides an update on exploration activities at the Company's early-stage nickel-cobalt-copper Montcalm West Project near Timmins. The Montcalm West Project covers 11,600 hectares and is comprised of three separate Properties: Montcalm, Nova and Gambler. Montcalm West is adjacent to Glencore's former Montcalm Mine, which previously mined 3.9 million tonnes of Ni-Co-Cu ore and produced more than 4 [...]
Pancontinental Gold today announces that the Company has changed its name to Pancontinental Resources Corporation. The Company anticipates that shares will be trading under the new name on the TSXV on July 13, 2018 and its trading symbol will remain unchanged. The Company's new web site domain is www.panconresources.com and new Twitter feed is @PanconResources. "As we continue to execute our strategy to expand our [...]
Pancontinental Gold is pleased to announce that is has closed its previously announced debt settlement through the issuance of 1,126,000 common shares in the capital of the Company at a price of $0.07 per Common Share . All Common Shares issued in connection with the Debt Settlement will be subject to a statutory hold period until September 22, 2018, in accordance with applicable securities legislation. The Debt [...]