Anconia is pleased to announce results from the final 4 holes in its 2012 drilling program at its ATLAS-1 occurrence, which demonstrate mineralization to a depth of 200m. These are the last set of drillholes for the 2012 summer drill program on the ATLAS-1 discovery, and confirm the existence of a volcanogenic massive sulfide (VMS) body of unknown size. The strike length of the sulfide occurrences is 2.4 km based on [...]
Anconia is pleased to announce assay results from the first 8 holes of its summer drilling program focused on the MARCE occurrence, which is being renamed ATLAS 1, part of the newly renamed ATLAS project, located 200 km west of Rankin Inlet, Nunavut. The drilling program began on August 7th and finished September 15th. It consisted of 1790m of drilling in 12 holes varying in length from 93 to 223 m. Preliminary results [...]
Anconia announces that it has oversubscribed its previously announced $996,750 non-brokered private placement financing with a closing in the amount of $1,195,479.94. On closing of the Offering, Anconia issued 3,540,000 units ("Units") at $0.20 per Unit and 2,119,478 flow-through units ("Flow-Through Units") at $0.23 per Flow-Through Unit. Each Unit consists of one common share of the Company and one-half of one common [...]
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