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Pancon Provides Brewer Gold & Copper Project Update
Toronto, Ontario--(Newsfile Corp. - October 18, 2021) - Pancontinental Resources Corporation (...
About this update from Carolina Rush Corporation
[{"type":"text","content":"Pancon Provides Brewer Gold & Copper Project UpdateToronto, Ontario--(Newsfile Corp. - October 18, 2021) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) (\"Pancon\" or the \"Company\") provides an update for its flagship Brewer Gold & Copper Project in South Carolina, USA.HighlightsStrategic pause in drilling until all Phase 2 results are received and analyzedActively refreshing Pancon's Geologic Compilation and Discovery Model for the Brewer systemActively engaging Environmental Risk Transfer on due diligence for a Remediation PlanLaurie Curtis has joined the Pancon Board of DirectorsDavid Harquail and Keith Laskowski have joined the Pancon team as AdvisorsPancon President and CEO Layton Croft stated: \"Pancon takes a data-driven approach to exploration, using analysis of historic and new geological, geochemical, mineralogical and geophysical data to target, discover and define new gold-copper mineralization. Lab turnaround times are four to five times slower than before the pandemic, due to chronic labor shortages and supply chain breakdowns. Given this, we've paused drilling until we receive results for hundreds of pending samples from Phase 2.\"Croft continued: \"We are actively integrating existing data into our Geologic Compilation and Discovery Model for Brewer. This Model will identify critical components of the Brewer-Jefferson system. Exploration results to date indicate that near surface gold and copper mineralization is associated with a large magmatic-hydrothermal system with potential to host a porphyry-style copper-gold deposit. We possess a substantial amount of data, and we are awaiting a lot more. Integrated analysis of all data will optimize drill targeting when Phase 3 drilling commences, planned for early 2022. Phase 3, which is fully funded, will build on our compelling drill results to date. In addition, we are actively working with Environmental Risk Transfer on environmental due diligence to inform a Remediation Plan for Brewer.\" Croft continued: \"Pancon's exploration success ultimately depends on our people. To that end we have strengthened the Pancon Team with high-caliber leaders in the global minerals exploration and mining industry. Mining geologist Laurie Curtis has joined Pancon's Board of Directors. Geological engineer and executive David Harquail and mining geologist Keit...