Pinecrest Resources Ltd. is pleased to announce the commencement of a 3,000 metre Reverse Circulation drill program on the 100% owned Enchi Gold Project , located in Southwest Ghana, a region well-known for prolific gold production. Highlights on the Enchi Gold Project Pinecrest has commenced a RC drilling program testing shallow extensions of the existing open pit, one million ounce, Inferred gold resource at Enchi The [...]
Pinecrest Resources Ltd. today announced that all resolutions were passed by the requisite majority at its AGM held in Vancouver on May 31, 2017. PricewaterhouseCoopers LLP, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year. All of the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and information circular dated April 26, 2017, were [...]
Pinecrest Resources Ltd. is pleased to announce a 3,000 m RC drill program planned to commence during Q3, 2017 on the 100% owned Enchi Gold Project, located in Southwest Ghana, a region well-known for prolific gold production. The region hosts numerous historical and current operating open pit and underground gold mines located along strike to the northeast of the Project. All figures are in United States dollars, unless [...]
Pinecrest Resources Ltd. is pleased to announce, effective immediately, the appointment of Mr. Douglas Hurst and Mr. Michael Vint to the Board of Directors of the Company. Ms. Kim Williams will be retiring from the Board of Directors concurrently with the new board appointments. Ryan King, President and Director of Pinecrest stated: "On behalf of the Board of Directors, I am delighted to welcome Mr. Douglas Hurst and Mr [...]
Pinecrest Resources Ltd. is pleased to announce that the Company has closed its non-brokered private placement financing previously announced on March 20, 2017 for gross proceeds of $1,501,500. The proceeds of the Private Placement will be used to advance the exploration and development of the Company's 100% owned Enchi Gold Project in Ghana and for general working capital purposes. Pursuant to the Private Placement, the [...]
Pinecrest Resources is pleased to announce that it intends to conduct a non-brokered private placement of up to 7,150,000 common shares of the Company at a price of $0.21 per Share for gross proceeds of up to $1,501,500. The proceeds of the Private Placement will be used to advance the exploration and development of the Company's 100% owned Enchi Gold Project in Ghana and for general working capital purposes. All sha...
Pinecrest Resources is pleased to announce that it will be applying to the TSX Venture Exchange for approval of the extension of the expiry date of 18,000,000 common share purchase warrants issued on December 4, 2014. The Company proposes to extend the expiry date of the Warrants from December 4, 2016 to December 4, 2019. The Warrants were issued as part of a private placement transaction and are exercisable at $0.30. All [...]
Pinecrest Resources Ltd. has granted 2,850,000 stock options at a price of $0.10 per share for a period of five years to directors, officers, employees, and consultants of the Company. These options are subject to regulatory approval and are granted under the Company's stock option plan and include vesting provisions. About Pinecrest Resources Ltd. Pinecrest is a British Columbia corporation that is based in Vancouver [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 17, 2015) - Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) announces the results from an alternative Preliminary Economic Assessment (the "PEA" or the "Study") using contract mining, carried out on the Company's 100% owned Enchi Gold Project ("Enchi" or "the Project") located in south-west Ghana, West Africa. Enchi is comprised of eight licenses [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 29, 2015) - Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) announces refiling of an amended Technical Report titled "Technical Report and Preliminary Economic Assessment on the Enchi Gold Project, Enchi, Ghana" dated April 14, 2015 is prepared by WSP Canada Inc. ("WSP"). There were no material differences in the results or conclusions of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2015) - Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) is pleased to provide an update on activities on the Company's 100% owned Enchi Gold Project ("Enchi" or "the Project") in Ghana, West Africa. Preliminary Economic Assessment ("PEA") Update The Company recently announced the results of the owner operated PEA on the Enchi Gold Project [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 15, 2015) - Mr. George Salamis, CEO of Pinecrest Resources Ltd. ("Pinecrest" or the "Company") (TSX VENTURE:PCR) is pleased to announce that the Technical Report titled "Technical Report and Preliminary Economic Assessment on the Enchi Gold Project, Enchi Ghana", dated April 14, 2015 has now been filed on SEDAR. The Technical Report was prepared by WSP Canada Inc., Canada [...]