ArcPacific Resources Corp. is pleased to announce it has formed a wholly owned subsidiary, ACP Carbon Corp. to explore business opportunities in the voluntary carbon offset credit market. Such opportunities exist within the Canadian landscape that are closely related to the natural resource sector. The Company sees the voluntary carbon offset credit market as a rapidly evolving space, which may avail opportunities for ACP [...]
ArcPacific Resources Corp. is pleased to announce that it has filed a notice of work application for a multi-year area-based work permit for its 3,479 hectare Blackdome Gold Project . The NOW proposes mechanical trenching and drilling to follow-up on the successful first-pass field program in 2021 that saw up to 8.37 grams per tonne gold sampled from outcrop and 1.03 g/t gold equivalent returned over the entire length of [...]
ArcPacific Resources Corp. is pleased to announce it has closed a non-brokered private placement of flow-through units and non-flow-through units for combined gross proceeds of $200,000.05 as set out below. Non-Flow-Through Offering The Company has issued 2,000,000 non-flow-through units at a price of $0.05 per Unit for gross proceeds of up to $100,000. Each Unit consists of one non-flow-through common share in the [...]
ArcPacific Resources Corp. is pleased to announce it has generated a new high-priority copper-gold-molybdenum porphyry target through the completion of its technical review of the geological and geochemical data compiled on the LSML Project and it has acquired through staking, an additional 2,063 hectares, bringing the total project size to 10,199 hectares or over 100 square kilometres. The technical review has resulted [...]
ArcPacific Resources Corp. is pleased to announce it has closed the first tranche of a non-brokered private placement of flow-through units and non-flow-through units for combined gross proceeds of $456,750 as set out below. Non-Flow-Through Offering The Company has issued 5,823,333 non-flow-through units at a price of $0.075 per Unit for gross proceeds of up to $436,750. Each Unit consists of one non-flow-through common [...]
ArcPacific Resources Corp. is pleased to report that the entire length of both trenches completed at the Blackdome project in British Columbia, Canada, showed anomalous to high-grade gold and silver values. With the both trenches returning greater than 1 gram per tonne gold equivalent over their entire lengths, and up to 7.35 g/t gold over a 1-meter segment. These results confirm epithermal-style gold-silver [...]
ArcPacific Resources Corp. is pleased to report that it has completed the first ever detailed drone magnetic survey at the Rickard Gold Project , near Timmins Ontario, Canada. The survey successfully identified new structures with cross-cutting relationships showing multiple generations of deformation, intrusions and faulting. The detailed survey was also able to pick up on the structures related to the significant [...]
ArcPacific Resources Corp. is pleased to report that it has mobilized a geophysics crew to the Rickard Project , to complete a detailed drone-based magnetic geophysical survey over the recently identified structural corridor on the Property located in Ontario, Canada . Highlights: Drone based magnetic survey covering 500-line kilometers Utilizing new technology to generate highly detailed structural mapping Targeting [...]
ArcPacific Resources Corp. is pleased to announce that it has completed the first ever trenching as part of a detailed mapping and sampling program at the Blackdome gold-silver project in British Columbia, Canada. Trenching at the Stibnite Zone discovered new veins in outcrop that have now been exposed over 35 meters and show epithermal characteristics including banding, cockscomb and vuggy textures. The newly identified [...]
ArcPacific Resources Corp. is pleased to provide an update on its ongoing exploration on its gold, copper and silver projects in Ontario and British Columbia, Canada. Rickard Gold Project The Company has engaged a geophysical contractor to complete a detailed magnetic survey over the newly recognized north-south structures potentially connecting the Rickard Main Zone to the regional scale North Pipestone Fault . Of [...]
ArcPacific Resources Corp. is pleased to provide an update on initial results for the first four holes completed at the Rickard gold project near Timmins, Ontario. Holes one through four show gold present in anomalous values of less than 1 gram per tonne and up to 0.32 grams per tonne over 1 metre , which is highly elevated above background . The anomalous samples occur within zones of quartz-carbonate veining and [...]
ArcPacific Resources Corp. is pleased to announce it has intersected a new mineralized shear structure and new quartz-carbonate veining in hole 17 on a 200 metre southern step-out at the Rickard gold project near Timmins, Ontario. Hole 16 ,the westernmost hole in the Rickard Main Zone also continued to intersect wide zones of alteration and quartz-carbonate veining with visual sulphide mineralization including pyrite [...]
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