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 [...]
Pancontinental Gold has commenced exploration on two of three properties at its camp-sized Montcalm West Nickel-Cobalt-Copper Project, adjacent to Glencore's former Montcalm Nickel-Cobalt-Copper Mine in the Montcalm Gabbro Complex, 65 kilometres west of Timmins. The first phase of exploration will focus on the Montcalm Property, covering 3,780 hectares, and the Nova Property, covering 840 hectares and located 17 km [...]
Pancontinental Gold Corp. has granted 2,550,000 options to directors and officers and an employee and consultant of the Company to purchase common shares at an exercise price of $0.07 cents per common share, expiring on May 1, 2023. The Company also intends to settle an aggregate of $78,820 of indebtedness owed to the Company's President and CEO and a creditor of the Company, through the issuance of 1,126,000 common [...]
Pancontinental Gold has entered into an option agreement effective April 25, 2018 with Hastings Highlands Resources Limited to earn up to 76% of the McBride Nickel-Cobalt-Copper Project, located in Limerick Township, 25 kilometres south of Bancroft. If Hastings, a private company, chooses not to fund its share of the joint venture after 76% is earned, Pancon can fully fund the joint venture and increase its ownership to [...]
Pancontinental Gold is pleased to announce it has expanded its total land position nearly threefold at its Montcalm West Ni-Cu-Co Project from 3,984 hectares to 11,600 hectares. The Project is part of the nickel-copper-cobalt-rich Montcalm Gabbro Complex, within the Montcalm Greenstone Belt in the Porcupine Mining Division, approximately 65 kilometers northwest of Timmins, Ontario. In January, Pancon acquired an option to [...]
Pancontinental Gold is pleased to announce the closing of its previously announced non-brokered private placement of flow-through shares and units for gross proceeds of $1,976,490. The Company issued 16,266,500 common shares of the company which will qualify as "flow-through shares" pursuant to the Income Tax Act at a price per flow-through share of $0.06 for gross proceeds of $975,990. In addition, the Company issued [...]
Pancontinental Gold is pleased to announce that due to increased demand, its previously announced financing, see press release of March 14, 2018, has been increased for total gross proceeds of up $2,100,000. The flow-through component of the financing will now include up to 17,500,000 common shares of the Company which will qualify as "flow-through shares" pursuant to the Income Tax Act issued at a price of $0.06 per FT [...]
Pancontinental Gold is pleased to announce the Company's exploration plans for its recently acquired Montcalm West Nickel-Copper-Cobalt Project, and that it is raising up to $1,500,000 to fund this initial exploration. The Company has an option to acquire a 100% interest in the Montcalm West Project, which is comprised of two separate properties: Montcalm and Nova . Layton Croft, Pancontinental President and Chief [...]
Pancontinental Gold is pleased to announce the launch of a new, upgraded web site and an updated corporate presentation to reflect the Company's expansion into key battery metals — cobalt, nickel and copper — in addition to gold. The web site domain remains www.pancongold.com, and the new presentation is available for viewing or download from the web site. Pancontinental recently announced its option agreement, effective [...]
The Board of Directors of Pancontinental Gold is pleased to announce that it has entered into an option agreement, effective January 10, 2018 with 2522962 Ontario Incorporated, to acquire a 100% interest in the Montcalm West Nickel-Copper-Cobalt Project. The Montcalm West Project is located in the Porcupine Mining Division, approximately 65 kilometers northwest of Timmins, Ontario, Canada. The Montcalm West Project is [...]
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