Pancontinental Resources Corp. announces that it has reached an agreement with 5007223 Ontario Inc. to amend the option agreement dated January 10, 2018, as amended, between the Company and the Optionor, granting the Company an option to acquire a 100% interest in the Montcalm West Nickel-Copper-Cobalt Project located in the Porcupine Mining [...]
Pancontinental Resources Corp. has signed a Purchase Agreement with Tempus Resources Inc. , a private Canadian company incorporated in Ontario, whereby Tempus can own up to a 100% interest in Pancon's Montcalm, Nova, Gambler and St. Laurent nickel-copper-cobalt exploration projects in Northern Ontario. Pancon acquired and explored the Projects in [...]
Pancontinental Resources Corp. announces that, due to delays caused by the COVID-19 pandemic, the Company has agreed with the Brewer Gold Receiver to extend by six months the initial term of the Brewer Option Agreement. The initial option term, which commenced on April 1, 2020, is now 24 months. If Pancon spends US$2 million during the initial [...]
Pancontinental Resources Corp. announced that the Company has executed, with the Brewer Gold Receiver LLC an exclusive Mining Lease With Option to Purchase the highly prospective former Brewer Gold Mine property . Brewer is located 12 kilometers northeast along trend from the producing Haile Gold Mine on the gold-rich and underexplored Carolina [...]
Pancontinental Resources Corp. announces that is has granted an aggregate of 2,400,000 options to purchase common shares in the capital of the Company exercisable at a price of $0.05 per Common Share, expiring on January 22, 2025 to certain directors, officers and consultants of the Company. The Common Shares issuable upon exercise of the options [...]
Pancontinental Resources Corp. announces that the Company - in cooperation with Environmental Risk Transfer LLC , an industry leader providing complex environmental risk-transfer solutions to cost-effectively eliminate environmental liabilities - was selected, through a competitive process, to explore the highly prospective former Brewer Gold Mine [...]
Pancontinental Resources Corp. provides exploration results from a recently completed program at the Company's St. Laurent Nickel-Copper-Cobalt Project. The program was planned to evaluate an historical Ni-Cu showing coincident with a pronounced 600-metre-long unexplained airborne electromagnetic anomaly. Recent drilling and downhole geophysical [...]
Pancontinental Resources Corp. further expanded its 100%-owned Jefferson Gold Project on the gold-rich Carolina Slate Belt in South Carolina, USA, and outlined its upcoming exploration program. The Jefferson Gold Project now nearly completely surrounds the former Brewer Gold Mine and is 15 kilometres along trend northeast of the multi-million ounce [...]
Pancontinental Resources Corp. is pleased to announce that it has closed an oversubscribed non-brokered private placement for total gross proceeds of $643,800. Layton Croft, President & CEO, said: "We are very encouraged by the active participation of both existing and new shareholders to our recently announced private placement, which was [...]
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 [...]
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 [...]
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 [...]