Pancontinental Resources Corp. announced today that an initial diamond drilling and downhole geophysics program has begun at the Company's St. Laurent Nickel-Copper-Cobalt Project. Located in St. Laurent Township in northern Ontario, the Project is 160 kilometres northeast of Timmins, 50 kilometres south of Detour Lake Mine and 20 kilometres southwest of the Casa Berardi Mine. Pancon President and CEO Layton Croft stated [...]
Pancontinental Resources Corp. announces that it has entered into advisory services agreements with Liberty Capital Inc. and Lateral Management Inc. . Under the terms of the Agreements, the Advisors will provide Pancon long-term strategic support and advisory services on corporate development, including growing the business and leveraging strategic partnerships. The Agreements between the Company and the Advisors have [...]
Pancontinental Resources Corp. announces that it intends to complete a non-brokered private placement financing of up to 10,000,000 units at a price of $0.05 per Unit, for gross proceeds of up to $500,000 . Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.07 for [...]
Pancontinental Resources Corp. is pleased to announce it has strategically improved its 100%-owned Jefferson Gold Project's land position on the gold-rich Carolina Slate Belt in South Carolina, USA . The Project has grown to 644 hectares and now surrounds the former Brewer Gold Mine property . The Jefferson Gold Project is located on the same mineralized trend and 15 kilometres northeast of the operating Haile Gold Mine [...]
Pancontinental Resources Corp. announced today that exploration field work is underway on the newly acquired nickel-copper-cobalt St. Laurent Project, located in St. Laurent Township, Northern Ontario, 160 kilometres northeast of Timmins, 50 kilometres south of Detour Lake Mine and 20 kilometres southwest of the Casa Berardi Mine. According to Pancon President and CEO Layton Croft, "A recently completed geological [...]
Pancontinental Resources Corp. has completed its first exploratory drill program at the early stage Montcalm Ni-Cu-Co Project, adjacent to the former Montcalm Mine owned by Glencore, 65 kilometres northwest of Timmins, Ontario. The purpose of the maiden drill program was to test airborne virtual time-domain electromagnetic (VTEM) geophysical anomalies identified in 2018. All assay results have been received from 10 [...]
Pancontinental Resources Corp.) is pleased to announce the acquisition of the St. Laurent Project, containing an advanced exploration target hosting a prominent 600-metre long electromagnetic (EM) anomaly with associated Ni-Cu-Co-Au-Pt-Pd mineralization. The Project covers 4,170 hectares and is located in St. Laurent Township, Northern Ontario, 160 kilometres northeast of Timmins, 50 kilometres south of Detour Lake Mine [...]
Pancontinental Resources Corp. announced today it has entered into a binding letter of intent with Pelangio Exploration Inc. to acquire up to a 75% interest in the Strachan Project, covering 2,280 hectares within the Montcalm Greenstone Belt, 65 kilometres northwest of Timmins, Ontario. Strachan is Pancon's fourth early stage Ni-Co-Cu exploration project in the emerging Montcalm battery and energy metals district, and it [...]
Pancontinental Resources Corp. today commenced its maiden diamond drill program on its nickel-cobalt-copper Montcalm Project, located 65 kilometres northwest of Timmins and adjacent to the former Montcalm nickel-cobalt-copper mine, owned by Glencore plc. Pancon's objective for the initial phase of the Montcalm Project drill program is to drill a minimum of 4,500 metres to test a series of new conductor targets identified [...]
Pancontinental Resources is issuing a correction to its previously disseminates news released dated December 31, 2018. The correction is limited to the number of flow-through units issued which was stated as follows: 1,875,000 Flow-Through Units through the issuance of 10,125,000 units at a price of $0.08 per FT Units for total gross proceeds of $154,200.00.
Pancontinental Resources announced that it closed the final tranche of its previously announced non-brokered private placement through the issuance of 60,000 units at a price of $0.07 per Unit and 1,875,000 Flow-Through Units through the issuance of 10,125,000 unitsat a price of $0.08 per FT Unit for total gross proceeds of $154,200.00, with combined gross proceeds from the first and final tranche of $1,701,050.52. Pancon [...]
Pancontinental Resources Corporation announced that it closed the first tranche of its previously announced non-brokered private placement through the issuance of 10,526,436 units at a price of $0.07 per Unit and 10,125,000 Flow-Through Units through the issuance of 10,125,000 units at a price of $0.08 per FT Unit for a gross proceeds of $1,546,850.52 . Each Unit and FT Unit include a one-half Common Share Purchase [...]