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Pancon Intersects 106 Meters of 1.07 g/t Gold and 0.26% Copper, Including 45 Meters of 2.03 g/t Gold and 0.52% Copper, in Hole 8 at Brewer
Toronto, Ontario--(Newsfile Corp. - July 26, 2021) - Pancontinental Resources Corporation (TSX...
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[{"type":"text","content":"Pancon Intersects 106 Meters of 1.07 g/t Gold and 0.26% Copper, Including 45 Meters of 2.03 g/t Gold and 0.52% Copper, in Hole 8 at BrewerToronto, Ontario--(Newsfile Corp. - July 26, 2021) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) (\"Pancon\" or the \"Company\") reports gold and multielement geochemistry results for the first three diamond drill holes in Phase 2 of the Company's fully funded 10,000-meter (m) maiden drill program at its flagship Brewer Gold & Copper Project (see Table 1). Holes 8, 9 and 10 are vertical holes located to the south and southeast of discovery Holes 4 and 5 and drilled below the former mine.Highlights: Hole 8 intersected 106.5 m of 1.07 g/t Au, 0.26% Cu and 1.49 g/t AuEq, including:45.23 m of 2.03 g/t Au, 0.52% Cu and 2.87 g/t AuEq; and8.23 m of 5.04 g/t Au, 1.43% Cu and 7.34 g/t AuEqHole 9 intersected 15.95 m of 1.09 g/t, 0.22% Cu and 1.44 g/t AuEqHole 10 intersected 11.90 m of 2.22 g/t Au, 0.07% Cu and 2.33 g/t AuEqPancon President and CEO Layton Croft stated: \"These new results prove that gold-copper mineralization extends to the south and southeast of discovery Holes 4 and 5. Hole 8 is located 50 meters south of Hole 4 and 160 meters south of Hole 5. Hole 9 is located 50 meters south of Hole 8. Hole 10 is located 50 meters east of Hole 9 (see Figure 1). This 210-meter north-south mineralized strike length, open in all directions, sets the stage for definition grid drilling of a potential gold-copper resource below the former mine (see Figure 2). Meantime we are testing zones outside the former mine by drilling step-out holes to the north, east, south and west (see Figure 1). To date Pancon has reported results for 10 Brewer diamond holes (and 3,291.5 m of core). Four of those 10 holes contain significant gold and copper values (Holes 4, 5, 8 and 10) and another two contain encouraging gold and copper values (Holes 2 and 9). We will build on this success by soon adding a second diamond drill rig.\"Table 1: Gold Assays and Multielement Geochemistry Results for Diamond Holes 8, 9 and 10(see here for Certificates of Analysis and complete results)Hole IDHole SizeFrom (m)To (m) Interval (m)Au (g/t) Cu (%)AuEq* (g/t)B21C-008HQ52.00158.50106.501.070.261.49Incl.104.00149.2345.232.030.522.87Incl.135.50149.2313.733.721.025.36Incl.141.00149.238.235.041.437.34B21C-009HQ154.55170.50...