ArcPacific Resources Corp. announces that further to the Company's news release dated March 15, 2022, the Company has received the approval from the TSX Venture Exchange to amend the terms of the 10,536,666 share purchase warrants that were issued pursuant to two non-brokered private placements that closed on November 24, 2020 and October 23, 2021. The exercise price of the Warrants is now $0.0553. The Warrants are [...]
ArcPacific Resources Corp. recently announced an acquisition of the Rey Lake Property immediately adjacent to the northeast of its established LMSL copper, silver, and gold Project in British Columbia, Canada. The acquisition broadens ArcPacific's footprint in a copper mining hotbed. According to Adrian Smith, the Chief Executive Officer of ArcPacific, the decision to acquire the adjacent claims around its LMSL Project [...]
ArcPacific Resources Corp. is pleased to announce it is strengthening its technical team with the addition of James Turner P.Geo., Consulting Geologist to its Advisory Board. Adrian Smith, CEO of ACP comments, "We are pleased to welcome Jim to the team and excited to take advantage of his extensive technical experience gained through the exploration and development of copper and gold projects globally. Jim's lengthy [...]
ArcPacific Resources Corp. is pleased to announce that it has entered into an agreement dated February 17th, 2022 with two arm's length parties to acquire an undivided 100% interest in certain mineral claims located in British Columbia commonly referred to as the Rey Lake Property . Adrian Smith, CEO of ArcPacific comments, "The Property is host to historical estimates totaling approximately 74 million tonnes with [...]
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 [...]