Newcastle is pleased to provide an update on its Pickle Lake exploration program, which has successfully discovered new gold occurrences on the Fault Creek Property. In August, Newcastle shifted its focus from the Southwest Powderhouse area of the extensive property and the area contiguous to PC Gold's property - where it successfully identified [...]
Newcastle has engaged Billiken Management Services to conduct an exploration program consisting of detailed compilation of existing data, mapping, mucking out and detailed sampling of several known historic trenches in the Fault Creek area, and drill testing under the known showings and along strike using a man portable prospector drill. Newcastle [...]
Newcastle is pleased to announce that NY85 Capital has commenced a drill program on Newcastle's Carscallen property. NY85 Capital has the option to earn a 60-per-cent undivided interest in the property by making cash payments to Newcastle over a period of two years totaling $85,000 and issuing to Newcastle over a period of two years a total of [...]
Newcastle is pleased to announce that it has closed its previously announced non-brokered private placement of 10,000,000 units at a price of $0.05 per unit with Trelawney Mining and Exploration Inc. Newcastle's President, Michael Romanik, said, "We welcome Trelawney Mining and Exploration Inc. as a strategic Newcastle shareholder. We expect to [...]
Newcastle is pleased to announce that it has negotiated, subject to regulatory acceptance, a non-brokered private placement of 10,000,000 units at a price of $0.05 per unit with one investor. Each unit consists of one common share and one-half of one warrant. Each full warrant, in turn, entitles the holder to purchase an additional common share at [...]
Newcastle is pleased to provide an update on its 100% owned South Swayze Greenstone belt properties in northwestern Ontario. A two-phase prospecting program was carried out between September 22 and November 14, 2011, with a focus on the Neville-Potier Project. A total of 241 samples were taken and promising gold and copper results were returned. A [...]
Newcastle has engaged Billiken Management to conduct a surface reconnaissance program on Newcastle's Pickle Lake area claims. The 27,000-acre Pickle Lake project is divided into three claim groups known as the Western Claim Group, the Crowshore Patents and the Crowshore North Group. In brief, the work plan is as follows:
Newcastle is pleased to announce that it has, subject to regulatory acceptance, granted an option to Rodocanachi Capital Inc. on Newcastle's Carscallen Property located in the West Timmins area of Ontario. To exercise its option and acquire a 60% interest in Newcastle's Carscallen Property, Rodocanachi must pay Newcastle $85,000 and issue 750,000 [...]
