TSX-V-listed Pancontinental Resource has been selected, through a competitive process, to explore the former Brewer gold mine – an abandoned property that lies about 12 km north-east along trend from the producing Haile gold mine in Carolina, US.
Brewer is surrounded by Pancon’s 100%-owned Jefferson gold project.
Pancon CEO Layton Croft said on Wednesday that they were ready to investigate the underexplored project, with the goal of discovering new oxide gold mineralisation and the underlying copper/gold porphyry system by 2021.