ArcWest Exploration Inc. announces that, further to its news release of December 12, 2019, it has paid $62,500 and issued 1,960,784 common shares of the Company to 802213 Alberta Ltd. in respect of an option payment due to 802 under section 2.2 of the Todd Creek Funk Option agreement between ArcWest and 802, Kelly Funk and Geofine Exploration Consultants Inc. and ArcWest dated November 16, 2015, as amended December 14 [...]
ArcWest Exploration Ltd. is pleased to announce that Locrian Resources Inc , a privately held mineral exploration company that is partly owned by OceanaGold Corp., has entered into an agreement to explore ArcWest's Oxide Peak property in northern British Columbia. Locrian can earn an initial 60% interest in the Property by funding over a three-year period cumulative exploration expenditures of $2,400,000, and staged cash [...]
ArcWest Exploration Ltd is pleased to announce that Teck Resources Ltd. has entered into an agreement to explore ArcWest's NVI property in northern Vancouver Island, British Columbia. Teck can earn an initial 60% interest in the Property by funding over a four-year period cumulative exploration expenditures of $2,000,000 and staged cash payments of $150,000. A minimum exploration expenditure of $150,000 is required before [...]
ArcWest Exploration Inc. announces that it intends to pay $62,500 and issue 1,960,784 common shares of the Company to 802213 Alberta Ltd. in respect of an option payment due to 802 under section 2.2 of the Todd Creed Funk Option agreement between ArcWest and 802, Kelly Funk and Geofine Exploration Consultants Inc. and ArcWest dated November 16, 2015, as amended December 14, 2017. The shares are to be issued at a price of [...]
ArcWest Exploration Inc. is pleased to announce the results of 2019 mapping and sampling of the Yellow Bowl porphyry copper-gold target on its 34,700 hectare Todd Creek Project located 30 km northeast of Stewart and 45 km southeast of the supergiant KSM-Iron Cap porphyry copper-gold deposits in B.C.'s Golden Triangle. The Yellow Bowl Zone cores a 4 kilometer long zone of large gossans, copper-gold mineralized intrusions [...]
ArcWest Exploration Ltd is pleased to announce that Teck Resources Ltd. has entered into an agreement to explore ArcWest's Teeta Creek property in northern Vancouver Island, British Columbia. Teck can earn an initial 60% interest in the Property by funding over a three-year period cumulative exploration expenditures and cash payments of $3,000,000 and $250,000, respectively, including a minimum of 1,000 meters of [...]
ArcWest Exploration Inc. is pleased to announce the discovery of a previously unknown zone of polymetallic volcanogenic massive sulfide mineralization on its 34,764 hectare Todd Creek Project, located 30 km northeast of Stewart in B.C.'s Golden Triangle. The newly discovered VMS West zone is located about 400 meters west of the VMS East zone which was previously sampled in 2018 . Highlights of the 2019 exploration program [...]
ArcWest Exploration Inc. is pleased to announce results of reconnaissance geological mapping and rock geochemical surveys on its Eagle and Sparrowhawk porphyry copper-gold projects, central British Columbia, as well as the acquisition of a newly discovered porphyry Cu prospect on northern Vancouver Island east of its Teeta Creek Cu-Au Project. Rock geochemical samples were select grabs from outcrops across the property [...]
ArcWest Exploration Inc. is pleased to announce the expansion of its Oxide Peak Copper-Gold Porphyry Project in the Toodoggone gold-copper district, northern British Columbia. Recently completed staking has resulted in a significant expansion of the project area from 3359 to 8211 Hectares. The new claims extend the property from north of the Toodoggone River to Talisker Resources' Baker-Shasta gold mine property to the [...]
ArcWest Exploration Inc. is pleased to announce results of reconnaissance geological mapping and rock geochemical surveys on its Teeta Creek porphyry copper-molybdenum-gold project, northern Vancouver Island, British Columbia. The rocks collected were select grab samples from various outcrops spanning the property. Complete geochemical results for the 2019 program are included in Appendix A. Highlights of program results [...]
ArcWest Exploration Inc. is pleased to announce the commencement of 2019 field activities with the mobilization of a crew headed by Vice President Exploration J.W. Kyba for a geological and geochemical program on the Teeta Creek Copper-Molybdenum-Gold-Silver Porphyry Project, northern Vancouver Island, B.C. The project is located 23 km south of BHP-Billiton's past producing Island Copper porphyry copper-molybdenum-gold [...]
ArcWest Exploration Inc. is pleased to announce that, further to its press releases dated January 16th, 2019 and March 20, 2019, StrikePoint Gold Inc. has completed its acquisition of 100% of ArcWest's Willoughby Property . The Property is situated about 30 kilometers east of Stewart, British Columbia in the province's famed Golden Triangle. Under the terms of transaction set out in the definitive agreement: Strikepoint [...]