i-80 Gold Corp. and Paycore Minerals Inc. are pleased to announce the completion of i-80's acquisition of Paycore, owner of the FAD Property that hosts the high-grade FAD deposit located immediately south of, and adjoining, i-80's 100%-owned Ruby Hill Property in Eureka County, Nevada. This transaction was completed by way of a plan of arrangement under the Business Corporations Act and consolidates and enhances i-80's [...]
Paycore Minerals Inc. is pleased to report that the previously announced proposed acquisition of all of the issued and outstanding common shares of Paycore by i-80 Gold Corp. , pursuant to a plan of arrangement under the Business Corporations Act , has been overwhelmingly approved by the shareholders of Paycore at the special meeting of Paycore Shareholders held earlier today . A total of 21,341,555 Common Shares were [...]
i-80 Gold Corp. and Paycore Minerals Inc. are pleased to announce that the companies have entered into a definitive arrangement agreement whereby i-80 will acquire all of the outstanding common shares of Paycore pursuant to a statutory plan of arrangement under the Business Corporations Act . Paycore owns the FAD Property that is host to the high-grade FAD deposit located immediately south of, and adjoining, i-80's [...]
Paycore Minerals Inc. is pleased to announce an exploration update on the Company's 100%-owned FAD Property located on the Battle Mountain-Eureka Gold Belt in Nevada, USA. Highlights of today's exploration update: FAD Main Zone exploration drilling Definition drilling near historic non-43-101 resource as well as step-out drilling to test the ~1km down-dip extension of the favourable host rock which hosts mineralization at [...]
Paycore Minerals Inc. is pleased to announce that it has completed the previously announced bought deal offering of common shares of the Company . The Company issued and sold from treasury an aggregate of 11,293,000 Common Shares at a price of $1.63 per Offered Share for total gross proceeds to the Company of approximately $18.4 million, including the full exercise of the over-allotment option by the Underwriters . The [...]
Paycore Minerals Inc. is pleased to announce that due to strong investor demand, it has entered into an amending agreement with PI Financial Corp. and CIBC Capital Markets , as lead underwriters and co-bookrunners, on their own behalf and, if applicable, on behalf of a syndicate of underwriters to increase the size of the previously announced bought deal financing to an aggregate of 9,820,000 common shares of the Company [...]
Paycore Minerals Inc. is pleased to announce exploration drilling results from the Company's 100%-owned FAD Property located on the Battle Mountain-Eureka Gold Belt in Nevada, USA. Drill Highlights: FAD Main Zone drilling in hole PC22-10 include: 27.4 meters of 10% zinc, 1% lead, 79 g/t silver and 8.0 g/t gold from 707.8 - 735.2 meter depth. Including 13 meters of 16% zinc, 1% lead, 110 g/t silver and 11.1 g/t gold, from [...]
Paycore Minerals Inc. is pleased to announce exploration drilling results from the Company's 100%-owned FAD Property. Drill Highlights: FAD Main Zone drilling in hole PC22-08A include: 14.8 m of 6.3% zinc, 10.3% lead, 376.3 g/t silver and 7.1 g/t gold in hole PC22-8A from 738.8 - 753.6 m depth. Including 5.8 m of 9.4% zinc, 3% lead, 248.4 g/t silver and 15.9 g/t gold from 738.8 to 744.6 m depth. Hole PC22-03 assay results [...]
Paycore Minerals Inc. is pleased to announce exploration drilling results from the Company's 100%-owned FAD Property. Drill Highlights: FAD Main Zone drilling in hole PC22-08A include: 14.8 m of 6.3% zinc, 10.3% lead, 376.3 g/t silver and 7.1 g/t gold in hole PC22-8A from 738.8 - 753.6 m depth. Including 5.8 m of 9.4% zinc, 3% lead, 248.4 g/t silver and 15.9 g/t gold from 738.8 to 744.6 m depth. Hole PC22-03 assay results [...]
Paycore Minerals Inc. announces that on October 4, 2022 it granted to its directors and officers an aggregate of 725,000 options to acquire common shares pursuant to its share option plan. The Options are exercisable at $1.10 per share for a period of five-years from the date of grant. About Paycore Paycore is a corporation incorporated under the Business Corporations Act and, through its subsidiaries, holds a 100 [...]
Paycore Minerals Inc. is pleased to announce exploration drilling results from the Company's 100%-owned FAD Property located on the Battle Mountain-Eureka Gold Belt in Nevada, USA. Drill Highlights from hole PC22-07 Include: Drilling in the FAD Main Zone: 12.5 meters of 22.0% zinc, 1.5% lead, 155.5 g/t silver and 1.06 g/t gold in hole PC22-07 from 660 - 672.5 metres depth, and; 44.8 meters of 6.3% zinc, 3.7% lead, 231.6 [...]
Paycore Minerals Inc. is pleased to announce exploration drilling results from the Company's 100%-owned FAD Property located on the Battle Mountain-Eureka Gold Belt in USA. Drill Highlights Include: Drilling in the FAD Main Zone returned: 11.53 g/t AuEq* over 25m in hole GH21-04 comprised of 1.96 g/t Au, 92.61 g/t Ag, 1.26 % Pb, and 7.45 % Zn And; 13.41 g/t AuEq* over 1.8m comprised of 3.2 g/t Au, 204 g/t Ag, 6.86% Pb [...]