Pancontinental Resources Corp. reports that, subsequent to June 30, 2021, the Company received approximately $1,056,000 from the exercise of stock options, warrants and the payment of the fourth installment from the pending sale of Pancon's non-core Canadian mineral properties. Highlights Pancon directors, officers and a former director exercised 4,875,000 stock options at an average price of $0.12 for proceeds of [...]
Pancontinental Resources Corp. reports partial gold assay and multielement geochemistry results for diamond drill Hole 15 in Phase 2 of the Company's fully funded 10,000-meter maiden drill program at its flagship Brewer Gold & Copper Project. Hole 15 is a vertical hole located approximately 150 m south of the former Brewer Gold Mine. Pancon requested rush gold and geochemistry analysis of 20.2 m of the total 218.8 m of [...]
Pancontinental Resources Corp. reports gold and multielement geochemistry results for two more diamond drill holes in Phase 2 of the Company's fully funded 10,000-meter maiden drill program at its flagship Brewer Gold & Copper Project . Holes 11 and 12 are vertical holes located to the north and northwest of discovery Holes 4 and 5 and collared outside the northern pit wall of the former mine . In addition, Pancon reports [...]
Pancontinental Resources Corp. reports results for an additional four sonic drill holes and provides analysis for all six sonic drill holes in the reclaimed backfill waste material as part of the Company's fully funded maiden drill program at its flagship Brewer Gold & Copper Project in South Carolina. The six vertical sonic holes correspond with the top 44-81 meters of diamond drill holes 4, 5, 8, 9, 10 and 13 [...]
Pancontinental Resources Corp. reports gold and multielement geochemistry results for the first three diamond drill holes in Phase 2 of the Company's fully funded 10,000-meter maiden drill program at its flagship Brewer Gold & Copper Project . Holes 8, 9 and 10 are vertical holes located to the south and southeast of discovery Holes 4 and 5 and drilled below the former mine. Highlights: Hole 8 intersected 106.5 m of 1.07 [...]
Pancontinental Resources Corp. announced that, further to its press release of June 10, 2021, it has settled an aggregate of $103,000 of indebtedness owed to certain non-arm's length creditors of the Company through the issuance of an aggregate of 515,000 common shares of the Company at a deemed price of $0.20 per Common Share . All securities issued in connection with the Debt Settlement will be subject to a statutory [...]
Pancontinental Resources announced that it has agreed to settle an aggregate of $103,000 of indebtedness owed to certain non-arm's length creditors of the Company through the issuance of an aggregate of 515,000 common shares of the Company at a deemed price of $0.20 per Common Share. The Debt Settlement remains subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSX [...]
Pancontinental Resources Corp. , further to its news releases of March 2 and April 27, 2021, reports gold assay and multielement geochemistry results for the remaining two sonic and two diamond drill holes drilled in Phase 1 of the Company's fully funded 10,000-meter maiden diamond drill program at its flagship Brewer Gold & Copper Project. The Brewer Project, on the gold-rich Carolina Slate Belt in South Carolina, is [...]
Pancontinental Resources, further to its news release of March 2, 2021, reports complete gold assay and multielement geochemistry results for diamond holes 1 through 5, among the total 7 diamond and 2 sonic holes drilled in Phase 1 of the Company's fully funded 10,000-meter maiden diamond drill program at its flagship Brewer Gold & Copper Project. Results for diamond holes 6 and 7 and sonic holes 1 and 2 are pending. The [...]
Pancontinental Resources will commence Phase 2 drilling at its flagship Brewer Gold Project on April 5, following the recent success of its Phase 1 reconnaissance drilling, which included two holes directly beneath the former Brewer Gold Mine. The Project covers nearly 1,000 acres on the gold-rich Carolina Slate Belt in South Carolina, located 12 kilometers along trend from the producing Haile Gold Mine, and is where a [...]
Partial Results from 3 Holes Confirm Significant Continuity of Gold Mineralization Below Former Mine Pancontinental Resources Corp. reports complete results for Hole 2 and partial results for Holes 4 and 5, out of the total 7 holes drilled in Phase 1 of its fully funded 10,000-meter diamond drill program at its flagship Brewer Gold Project. The Project, nearly 1,000 acres on the gold-rich Carolina Slate Belt in South [...]
Pancontinental Resources Corp. has completed Phase 1 of a fully funded 10,000-meter diamond drill program at its flagship Brewer Gold Project. The Brewer Project covers nearly 1,000 acres on the gold-rich, underexplored Carolina Slate Belt in Chesterfield County, South Carolina, and is where a former mine produced 178,000 ounces of oxide gold between 1987-1995. Phase 1 drilling commenced on November 3, 2020 . Highlights [...]
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