ArcPacific Resources Corp. is pleased to announce it has received permits for the planned drilling and induced polarization program at its 100% owned LMSL Project located in the Quesnel Trough, British Columbia's primary copper and gold producing belt. Adrian Smith, CEO of the Company comments, "We are extremely pleased to receive the permits for our planned work programs at the LMSL Property. The region suffered from [...]
ArcPacific Resources Corp. is pleased to announce the closing of a non-brokered private of units . In accordance with the terms of the Private Placement, the Company issued 5,100,000 units at a price of $0.05 per Unit. Each Unit consists of one common share in the capital of the Company and one half of one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one additional common share in [...]
ArcPacific Resources Corp. is pleased to provide an update regarding its ongoing work at its 100% owned LMSL Project located in the Quesnel Trough, British Columbia's primary copper and gold producing belt. The initial work program has identified the location of an early 1900s era gold-copper mine previously incorrectly plotted in the BC government database and represents one of many historic workings located on the LMSL [...]
ArcPacific Resources Corp. is pleased to announce that it has mobilized a field crew to begin exploration work at its 100% owned, 120 plus square kilometre, LMSL Project located in the Quesnel Trough, British Columbia's primary copper producing belt. The initial work program now underway is designed to gather new data extending the geological and geochemical sample coverage beyond areas where highly anomalous values of [...]
ArcPacific Resources Corp. is pleased to announce that GoldSpot Discoveries Corp. has completed its initial targeting program and identified twenty-four target areas that show specific indicators to host copper-gold-molybdenum and/or skarn mineralization at the Company's LMSL Copper-Gold-Molybdenum-Silver Project . The Program included a detailed technical study by GoldSpot's team of experienced industry professionals [...]
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 [...]
