March 24, 2022 Pancontinental Resources Corp. (TSXV:PUC, Not Rated, David A. Talbot) has extended the term of its agreement to explore and purchase the Brewer
Yesterday, Red Cloud hosted the second of its three-day 2022 Very Pre-PDAC Mining Showcase, which featured 32 presenting companies and a fireside chat with Ross Beaty, Chairman of Equinox Gold Corp. Over 1,750 participants have registered for the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event (see our Day One recap here). If you would like to attend Day Three of Red Cloud’s 2022 Very Pre-PDAC Conference, register here. Replays are available on the Red Cloud website.
Pancontinental (PUC) has released a Geological Compilation and Discovery Model for its flagship Brewer Au-Cu project in South Carolina. Brewer hosts a high sulphidation epithermal alteration system that forms a prominent topographic feature extending ~3km2. We note that although the project saw past production in the 1820’s and 1987-1995, PUC is the first company to systematically explore for Au below the shallow oxide zone and across its large alteration footprint. In our view, results from the model represent the extensive work completed on the project over the last couple of years. This helps put all previous work into context, but more importantly strives to understand the mineralized system, and points PUC towards targeting areas of interest. Extensive Au-Cu mineralization have been identified to date, both below the pit, along trend and in within new rock types. Going forward, we anticipate these corresponding mineralized areas to continue to expand.
Pancontinental provided drilling results from its Phase 2 RAB (104 holes) and Phase 2 diamond drilling (two holes) program completed at its flagship Brewer Au-Cu project in South Carolina. We view these results positively as RAB drilling has shown a halo of near-surface Au mineralization around the former mine and an apparent extension of Au mineralization to the west, providing priority targets for Phase 3 drilling in 2022. With continued exploration and drilling programs, we see increasing potential for the discovery of new gold zones at the Brewer mine and the surrounding Jefferson land package, both in a brecciated upper zone and a deeper lower mineralized zone.
November 25, 2021 Pancontinental Resources Corp. (TSXV:PUC, Not Rated, David A. Talbot) provided drilling results from its flagship (100%-controlled via option agreement) Brewer Au-Cu project in
October 19, 2021 Pancontinental Resources Corp. (TSXV:PUC, Not Rated, David A. Talbot) provided several updates at its flagship (100%-controlled for option agreements) Brewer Au-Cu project in
Yesterday, Red Cloud hosted the first day of its three-day 2021 Oktoberfest Fall Mining Showcase, which featured 26 presenting companies including our keynote speaker Dr. Thomas Brady, Managing Director of Capitalight Research Inc., and had over 1,000 participants registered in advance of the event. With this note, we want to provide a quick recap of the highlights from the conference for those who were unable to attend the live event. If you would like to attend Day Two and Three of Red Cloud’s Oktoberfest Fall Mining Showcase, register here. Replays are available on the Red Cloud website.
September 9, 2021 Pancontinental Resources Corp. (TSXV:PUC, Not Rated, David A. Talbot) reported partial gold assay and geochemistry results for diamond drill Hole 15 in
September 1, 2021 Pancontinental Resources Corp. (TSXV:PUC, Not Rated, David A. Talbot) reported assays from two additional holes from its Phase 2 10,000m drill program at its
Pancontinental Resources announced results for six sonic drill holes in the reclaimed backfill waste material at its Brewer project, for which it has exclusive rights to explore and potentially own. The results collected from 488 samples across five backfill layers within the former Brewer open pit, covered 348.8m and showed consistent Au values. We believe these results are positive due to the potential synergies the company can achieve from monetizing the waste and concurrently de-risking environmental risk.