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Pancon Reports Results and Analysis for All Six Sonic Drill Holes in Reclaimed Backfill Waste Material at Brewer
Toronto, Ontario--(Newsfile Corp. - August 11, 2021) - Pancontinental Resources Corporation (T...
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[{"type":"text","content":"Pancon Reports Results and Analysis for All Six Sonic Drill Holes in Reclaimed Backfill Waste Material at BrewerToronto, Ontario--(Newsfile Corp. - August 11, 2021) - Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) (\"Pancon\" or the \"Company\") reports results for an additional four sonic drill holes (B21S-003 to B21S-006) and provides analysis for all six sonic drill holes in the reclaimed backfill waste material as part of the Company's fully funded maiden drill program at its flagship Brewer Gold & Copper Project in South Carolina. The six vertical sonic holes correspond with the top 44-81 meters (m) of diamond drill holes 4, 5, 8, 9, 10 and 13 (for more context see Figure 1 and news releases of June 8, 2021 and July 26, 2021).Highlights: Average 0.35 g/t gold from 488 samples in all six sonic holes covering 348.8 m across all five backfill layers (see Table 1)Average 0.30 g/t gold from 186 samples collected within the upper heap leach pad backfill layer, the average estimated thickness of which is 17.6 m (see Table 2 and Figure 2) Average 0.57 g/t gold from 76 samples collected within the waste rock backfill layer, the average estimated thickness of which is 14.6 m (see Table 2 and Figure 2)Average 0.26 g/t gold from 195 samples collected within the lower heap leach pad backfill layer, the average estimated thickness of which is 20.4 m (see Table 2 and Figure 2)Average 0.90 g/t gold from 22 samples collected from the pit floor-bedrock interface (see Table 2 and Figure 2)Pancon President and CEO Layton Croft stated, \"These six sonic hole results show strong consistency in gold values - averaging 0.35 g/t gold - in the estimated 6.7 million cubic yards of material from the former heap leach pads and waste rock piles reclaimed as backfill into the former mined pits at Brewer. This data corroborates our expectations as the historic Mine Closure Report (see here) contains clear documentation that the reclamation work was well engineered in homogeneous layers of material type, thus achieving consistency throughout the backfill (as shown in Figure 2, Figure 3 and Table 3). As a result, we believe it is possible to extrapolate the information obtained from our sonic drill program across the reclaimed pit. Pancon is working closely with our Brewer Project partner Environmental Risk Transfer (ERT) to conduct met...