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Led by its experienced and successful team, Pancontinental Resources Corporation (“Pancon” or the “Company”) (TSX-V: PUC) is a Canadian-based mining company focused on the exploration and development of its strategic battery metals projects in proven mining districts and excellent infrastructure. The Company’s current focus is on prospective Nickel-Cobalt-Copper properties in low-risk areas with existing resources and/or in proximity to producing or former mines.

Looking to help address the growing demand for battery metals, Pancon’s flagship projects are:

  • Montcalm, Nova and Gambler nickel-cobalt-copper projects makes up a camp-sized land position covering 13,480 ha in the Porcupine Mining Division in Ontario and adjacent to Glencore’s former Montcalm Mine that mined ~4mt of ore grading 1.25% Ni, 0.67% Cu, and 0.051% Co, and:
  • McBride nickel-cobalt-copper project, an advanced exploration and development property with historical resources of 5.1 million tons of nickel-cobalt-copper mineralization (predating NI 43-101), previously explored by Macassa Gold Mines Ltd. and Long Lac Minerals Ltd.

The Company also holds the Jefferson Gold project, located in the Carolina Gold Belt,12km away from OceanaGold’s (TSX:OGC) Haile mine, which produced 574,606 ounces of gold in 2017.

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The Montcalm Project

Contiguous to and surrounds the western, northwestern and southwestern portion of the former Montcalm Mine, currently owned by Glencore plc. The former Montcalm Mine was discovered and developed based on a single airborne electromagnetic anomaly identified in the 1970s and previously mined 3,931,610 tonnes of ore grading 1.25% nickel, 0.65% copper and 0.051% cobalt, producing in excess of 4 million pounds of cobalt (Ontario Geological Survey, Atkinson, 2011). 

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The Nova Project

One of the three Pancon projects in the Montcalm Greenstone Belt, The Nova Project covers a portion of the eastern boundary of a major regional structure known as the Kapuskasing High (also known as the Kap High). Very little exploration has been conducted on this structure until recently, leading up to Goldcorp's recent announcement of plans to develop its Borden Lake gold Mine, located in the Kap High. 

 

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