Business
1844 Extends Its Position to 299 Claims on Native Copper Project
Saskatoon, Saskatchewan--(Newsfile Corp. - June 20, 2022) - 1844 RESOURCES INC. (TSXV: EFF) ...
About this update from 1844 Resources Inc
[{"type":"text","content":"1844 Extends Its Position to 299 Claims on Native Copper ProjectSaskatoon, Saskatchewan--(Newsfile Corp. - June 20, 2022) - 1844 RESOURCES INC. (TSXV: EFF) (the \"Company\" or \"1844\") announces that it has acquired the final four (4) claims required to complete its land position on it Native Copper Project on the Gaspe Peninsula of eastern Quebec. This addition now brings the total land position to 299 claims covering over 98 square kilometres and includes seven (9) known copper showings and high-grade drilling, trenching and grab sample assays for both coppers.(Map of Native Copper Project complete with showings and LIDAR background)Mr. Bernard-Olivier Martel, Director of Exploration at 1844, states \"we are exceptionally pleased with this addition as it closes off our land position and adds the remaining two (2) known showing in the Native Copper Project area. The high-grade samples taken to date on the limited exploration done in the area are highly prospective and strengthens our thesis that the Native Copper Project could become a copper exploration camp in the Gaspe Peninsula.\" Historic work results on these newly acquired claims are as follows:ShowingGMTypeCu (%)Ag (g/t)Length (m)      Fer à Cheval 2GM56982Trenches/channels: 95-042.622411Triangle d'ArgentGM57820Main showing5.42.811.6Triangle d'ArgentGM59588Trenches/channels: TR 2000-024.1471Triangle d'ArgentGM59588Trenches/channels: TR 2000-0410.321.39Triangle d'ArgentGM61139*Drilling: TA-2002-010.390.43Triangle d'ArgentGM61139*Drilling: TA-2002-020.621.98Triangle d'ArgentGM61139*Drilling: TA-2002-021.772.23Triangle d'ArgentGM61139*Drilling: TA-2002-0311.05Triangle d'ArgentGM61139*Drilling: TA-2002-040.381.5Triangle d'ArgentGM61139*Drilling: TA-2002-040.133.04Triangle d'ArgentGM61139*Drilling: TA-2002-040.41.46Triangle d'ArgentGM61139*Drilling: TA-2002-051.213.04Triangle d'ArgentGM61139*Drilling: TA-2002-061.42.64Triangle d'ArgentGM61139*Drilling: TA-2002-070.293.35Triangle d'ArgentGM61139*Drilling: TA-2002-080.353.05* The GM report does not include any certificates of analysis or summary tables of results. These exposed values are selected from longitudinal section available in the report.Under the terms of the purchase agreement (the \"Agreement\"), the Vendor, an arms-length party, will receive $5,000 and 500,000 common shares and ...