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Pancontinental Resources Corporation: Pancon Intersects 20 Meters of 2 25 g/t Gold and 0 35% Copper 150 Meters South of Former Brewer Mine
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Pancontinental Resources Corporation: Pancon Intersects 25 Meters of 0 96 g/t Au and 0 2% Cu, Further Extending Gold-Copper Zone at Brewer
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Pancontinental Resources Corporation: Pancon Reports Significant Copper in Discovery Holes 4 and 5
Toronto, Ontario (Newsfile Corp. - April 27, 2021) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) ( Pancon or the Company ), further to its news release of March 2, 2021, reports complete gold assay and multielement geochemistry results for diamond holes 1 through 5, among the total 7 diamond and 2 sonic holes drilled in Phase 1 of the Company s fully funded 10,000-meter (m) maiden diamond drill program at its flagship Brewer Gold & Copper Project (see Table 1). Results for diamond holes 6 and 7 and sonic holes 1 and 2 are pending. The Brewer Project, on the gold-rich Carolina Slate Belt in South Carolina, is where the former shallow Brewer Gold Mine produced 178,000 ounces of oxide gold between 1987-1995, and is located 12 kilometers along trend from the producing Haile Gold Mine.
Pancontinental Resources Corporation: Pancon Intersects 181.6 Meters of 1.24 g/t Gold in Maiden Diamond Drill Program at Former Brewer Gold Mine
Intervals are core lengths, and are not presumed to be true thicknesses.
The Company has posted the Certificates of Analysis and corresponding complete gold-only results for Hole 4 and Hole 5, and gold plus multielement results for Hole 2 in our website (see it here). The Company cautions that the mineralization at the former Brewer Gold Mine is not necessarily indicative of the mineralization that may be identified by the Company s ongoing and upcoming exploration work.
Challenges of Assay Turnaround
Pancon, like many of its peers, is experiencing delays in assay turnaround. It is unclear when these various results will be received. The unusually long delays in results are due to exceptionally high demand on labs across North America plus logistical and labor challenges due to the COVID-19 pandemic. To mitigate against such long delays