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Pancon's Partial Shallow Drill Results at Brewer Gold Project Show Continuity of Gold and Associated Mineralogy in 96% of Exploration Samples Received
Toronto, Ontario--(Newsfile Corp. - October 27, 2020) -  Pancontinental Resources Corpora...
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[{"type":"text","content":"Pancon's Partial Shallow Drill Results at Brewer Gold Project Show Continuity of Gold and Associated Mineralogy in 96% of Exploration Samples ReceivedToronto, Ontario--(Newsfile Corp. - October 27, 2020) -  Pancontinental Resources Corporation (TSXV: PUC) (OTCQB: PUCCF) (\"Pancon\" or the \"Company\") reports on partial geochemistry results received to date on its initial shallow rotary air blast (RAB) drill program at its flagship Brewer Gold Project. The program drilled 1,680 meters in 90 vertical holes averaging 18.5 meter depths per hole. Seven of the 90 RAB holes are in sulphide-bearing tailings from the former mine that were encapsulated back into the main pit during reclamation. The remaining 83 exploration holes are located outside the former mine. \"Pancon has received lab results on 613 samples from 51 holes out of a total 1,090 samples from the 90-hole program. All 51 holes contain detectable gold, and 44 are exploration holes outside the former pits. Of the 536 samples from these 44 exploration holes, 515 or 96% of those samples contain gold values ranging between the detection level of 0.005 g/t Au and up to 3.59 g/t Au,\" stated Layton Croft, Pancon President and CEO. \"The mineralized zones extend for a length of more than one kilometer and are open in all directions. The strong continuity of gold and associated mineralogy in these 44 shallow holes drilled outside the former mine to the northwest, west and south is significant, and very encouraging for our upcoming deeper core drill program. We're sharing this preliminary news as we await the remaining results from the complete RAB program, after which we will update our compilation database and provide a fulsome analysis of our geophysical, geochemical, geological and structural data that informs Pancon's emerging conceptual model for discovering a new gold-copper deposit at Brewer.\" The Company also used aiSIRIS infrared spectrometry and x-ray diffractometry (XRD) to assess the mineralogy of the RAB samples from Brewer's shallow oxidized zones. Commonly associated minerals include quartz, pyrophyllite, topaz, kaolinite group minerals +/- alunite, white mica, zeolite, gibbsite, smectite, goethite, hematite and Mg-chlorite. Pancon considers this continuity of mineralogy from such an early-stage shallow drill program to be significant, and would look for both...