Fruchtexpress Grabher GmbH & Co KG has filed an Early Warning Report that advises that they have obtained ownership or control of 10,675,000 common shares of 1844 Resources Inc. ("EFF") via a purchase through the TSX Venture Exchange. This represents 16.55% of EFF's issued and outstanding common shares as at February 28, 2022. The shares were acquired for investment purposes only. This investment may be increased or decreased as circumstances warrant. The Early Warning Report of the Acquiror will be filed on the System for Electronic Document Analysis and Review ("SEDAR") under the Issuer's profile and can be viewed at


"Sven Gollan"

Sven Gollan, Corporate Treasury Manager

Tel. +43 5522 500 429

Click here to connect with 1844 Resources Inc. (TSXV:EFF) to receive an Investor Presentation


1844 Resources

1844 Resources


The Gaspe Peninsula in southeastern Quebec covers approximately 11,390 square miles of thick forest and free-flowing rivers and lakes. Despite its humble appearance, this region stands as one of the definitive districts for geological and mineral exploration in Canada, a reputation in the midst of making a strong comeback.

In 1844, Sir William Logan, founder and first director of the Geological Survey of Canada mapped the majestic Gaspe Peninsula, unknowing the exceptional copper mining opportunities the region would later present. After decades of under exploration, Gaspe presents investors and active copper and polymetallic companies the opportunity for exciting discovery and economic success.

1844 Resources Inc. (TSXV:EFF) is an exploration company with a focus on grossly underexplored regions of Gaspé and Chibougamau in Québec. The company’s robust project portfolio includes the Vortex, Native Copper, Davidson and Lac Arsenault projects.

1844 Resources’ strategic positioning in the Gaspe Peninsula allows it to leverage its rich past-producing mining history. The prolific Gaspe Copper Mine, a subsidiary of Noranda Mines Limited in Murdochville, produced approximately 141 million tons at 0.85 percent copper from 1954 to 1999. 1844 Resources could likely see similar margins with exploration and project development today.

The company’s other region of operation in Chibougamau presents exceptional exploration upside potential with its established roadways, railroad transportation access and widespread gold and copper mineralization discovered in the early 1950s. Both Chibougamau and Gaspe are primed for extensive revitalization and exciting first-mover exploration opportunities.

After finalising a purchase agreement to acquire 100 percent undivided interest of nine claims in the Chibougamau region in 2020, 1844 Resources began its initial exploration and prospecting work program on the Davidson Project.

1844 Resources’ secondary asset is the Native Copper project in the Municipality of Chandler, which is comprised of 156 claims. The project is part of the Mont Alexandre syncline, associated with an important metallotect volcanic horizon part of the Lake McKay Member, which lies within the greenstone belt present in the Gaspe Peninsula.

1844 Resources’ management team consists of world-class experts in the mining sector. The team combines over 100 years of experience in copper resources, finance and geological exploration. These attributes prime the company for outstanding economic success and mineral yield potential in the growing copper market.

Company Highlights

  • 1844 Resources is focused on the underexplored regions of Gaspé and Chibougamau and its exciting portfolio of copper and polymetallic projects, including the Vortex, Native Copper, Davidson and Lac Arsenault Gold projects.
  • The Gaspe Peninsula has a rich history of past-producing successes, stemming mainly from its Gaspe Copper mine. The company has strategic positioning close to this especially valuable copper resource.
  • 1844 Resources’ management team consists of strong leaders in the copper and mineral exploration sector, who bring over 100 years of combined expertise in financial resource development and project acquisition.

Key Projects

Vortex Project

The Vortex project is a copper, molybdenum and gold project, which adjoins the Glencore and Soquem property, situated at Sullipek East and 25 kilometers west of Murdochville. The project has seen extensive exploratory and developmental work since 2000, which significantly benefits 1844 Resources’ future plans for the project.

Between 2009 and 2011, the Vortex had over 4,700 meters of combined drilling, geophysics and soil surveys and an exciting discovery of 0.94 percent copper at 29 meters in 2012. Strategically positioned near the Glencore and Soquem portion of the property, estimated resources hover between 2,240,000 tons at 1.09 percent copper and 5,500,000 tons at 0.88 percent copper.

The next steps for Vortex include a 7,000-meter drill program planned for 2021. 1844 Resources remains excited for the future of this project and could see similar mineralization and discovery success as past projects from the prolific Gaspe Copper mine.

Native Copper Project

The Native Copper project is an exceptional greenfield copper exploration opportunity situated within the Gaspe greenstone belt, west of Chandler, Quebec. The property comprises 156 claims divided into four sectors: Native Copper South, North-west, North-East and Central. 1844 Resources has 100 percent undivided interest in the entirety of these claims.

This strategically positioned asset spans 28 kilometers in length on a horizon that is known to generate multiple mineralized copper zones and has already shown nine indicators in the area. To date, the project has seen extensive prospecting, trenching and drilling, which has revealed copper grades upwards of 5.38 percent.

The company intends to conduct an exciting Airborne geophysics program in mid-2021.

Davidson Project

The Davidson project comprises 33 claims situated within the historic Chibougamau mining district. The asset is strategically located directly south of the past-producing Icon Mine. 1884 Resources has a 50/50 joint venture with J.A. MacLeod Exploration Reg’d for Davidson.

The project has produced over 1,616,567 tons of copper at grades of 3.07 percent copper across several known sources on the property. Davidson displays exceptional exploration upside with its close proximity to Route 167 North East of Chibougamau and several prospective copper showings, including Clero, Blondeau and Bouzan-Cuivre targets.

The company remains excited to continue exploring this highly prospective project.

Lac Arsenault Gold Project

The Lac Arsenault gold project consists of 75 mining claims equivalent to 3,918 hectares in the southern part of the Gaspé Peninsula and situated North-West of Port-Daniel and North-East of Bonaventure. 1844 Resources has 100 percent undivided interest in the entirety of these claims.

The project sits along the Grand Pabos Fault, which is known for high-grade gold, silver, copper and lead showings North of the Riviere Garin Fault. Between 2005 and 2006, Lac Arsenault saw preliminary prospecting and drilling on the property, but end results were not made available in any government report. In March 2021, the company also announced the commencement of a 2,000-meter diamond drilling program for the project.

Management Team

Sylvain Laberge — President, CEO & Director

After obtaining a degree in Hotel management Sylvain Laberge entered into a sales career in a different sector. He became part of a new company founded in 1999, Renmark Financial Communication, an enterprise specializing in Investor Relations, where he became VP and developed an interest in emerging companies and especially mining exploration. Laberge has been managing Gespeg since 2013 and also managed other junior companies during that period. He is presently a director of Omineca Mining.

Andrew Davidsoni CA — CFO, Secretary & Director

A graduate of the University of Calgary (BComm), Andrew Davidson is a Chartered Accountant with Certification in both Saskatchewan and Alberta. Davidson’s extensive experience in junior natural resource finance and international financial reporting standards has been gained through years of experience in the Canadian junior resource markets and in public practice accounting in both the Alberta and Saskatchewan markets, focusing specifically on assurance for publicly listed enterprises. He is also involved as an officer or director in several other junior resource exploration and production.

Bernard-Olivier Marteli — Manager of Exploration

Bernard-Olivier Martel graduated from the University of Quebec in Montreal in 1999. He is a member of the Geologist Order of Quebec and acts as a qualified person under the National Instrument 43-101. His experience includes government services, engineering and geological and mineral exploration. Before and after graduation, he worked on various mapping projects for the Quebec Department of Natural Resources. Since 2004,

Martel has worked exclusively for the mining industry as a consulting geologist for various exploration companies in Quebec and Ontario. In addition to his duties as technical director of geology for Gespeg Copper Resources, Martel acts as a geologist responsible for the exploration work for Explo-Logik Inc., a mineral exploration services company. projects in recent years: Nouveau-Monde Graphite, Maple Gold Mines, Laurion Mineral Exploration Inc. Tarkus Resources, Fancamp Exploration Ltd., Jourdan Resources and many others.

1844 Considers Quebec Ministry of Forests' Letter Regarding Exploration Permit for the Vortex Property

1844 Considers Quebec Ministry of Forests' Letter Regarding Exploration Permit for the Vortex Property

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") reports that on May 17, 2022, the Quebec Ministry of Forests, Fauna and Parks (the "MFFP") issued a letter to the Company (the "Letter"), announcing the MFFP's intention to deny the Company's application for an intervention permit relating to the development of eight exploratory drilling sites at the Company's Vortex property. The Company has decided not to pursue any work programs at the Vortex property for at least the next 12 months while the Company considers the Letter.

About 1844 Resources Inc.: 1844 is an exploration company with a focus in strategic and energetic metals and underexplored regions "Gaspé, Chibougamau Québec". With a dedicated management team, the Company's goal is to create shareholder value through the discovery of new deposits.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
1844 Extends Its Position to 299 Claims on Native Copper Project

1844 Extends Its Position to 299 Claims on Native Copper Project

1844 Resources Inc. (TSXV: EFF) (the "Company" or "1844") announces that it has acquired the final four (4) claims required to complete its land position on it Native Copper Project on the Gaspe Peninsula of eastern Quebec. This addition now brings the total land position to 299 claims covering over 98 square kilometres and includes seven (9) known copper showings and high-grade drilling, trenching and grab sample assays for both coppers.

(Map of Native Copper Project complete with showings and LIDAR background)

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Yamana Gold Provides Notice of Second Quarter 2022 Results

YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) ("Yamana" or "the Company") will release its second quarter 2022 operational and financial results after the market closes on Thursday, July 28, 2022, Eastern Daylight Time ("EDT"). The Company will then host a conference call and webcast to review the results on Friday, July 29, 2022 at 9:00 a.m. EDT.

The Company also plans to provide a pre-release of production for the second quarter with a further update on certain optimizations and project advancements on or around Thursday, July 7, 2022.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
gold coins and us money

VIDEO — Will Rhind: Upside Favors Gold; Strong US Dollar Checking Gains for Now

Will Rhind: Upside Favors Gold; Strong US Dollar Checking Gains for

Strength in the US dollar is keeping the gold price in check right now, but that won't last forever.

Speaking to the Investing News Network, Will Rhind, CEO of GraniteShares, said the yellow metal is in a good position given market conditions and looks set to strengthen moving forward.

"(Gold has) really managed to shrug off a lot of the negatives around rising rates and a strong dollar, and I think people have got to ask themselves, 'How much more can the dollar strengthen from here? ... Realistically is there more upside for the dollar here, or for gold?' I think clearly I'm in the camp of favoring gold on that one," he said.

Keep reading...Show less
12 Largest Producers of Gold by Country (Updated 2022)

12 Largest Producers of Gold by Country (Updated 2022)

The gold price has tracked higher in the past few years, sparking interest in the biggest producers.

The precious metal’s price gains have come along with the uncertainty born from the global economic impact of the COVID-19 outbreak, as well as geopolitical turmoil.

These circumstances have left investors seeking safe-haven assets like gold. So far gold production levels have seemed to defy pandemic disruptions, but rising inflation is likely to push up costs for miners.

Keep reading...Show less


Stock Symbol: AEM (NYSE and TSX)

Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (" Agnico Eagle " or the " Company ") today announced that it will release its second quarter 2022 results on Wednesday, July 27, 2022 after normal trading hours.

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
gold bars

VIDEO — Kal Kotecha: Gold Price Holding Up Well, Time to Watch for Buying Opportunities

Kal Kotecha: Gold Price Holding Up Well, Time to Watch for Buying

Gold's performance has disappointed some market participants this year, but according to Dr. Kal Kotecha of Junior Gold Report, the yellow metal is holding up well compared to other assets.

Speaking at the Prospectors & Developers Association of Canada (PDAC) convention, Kotecha said that looking back over the last 20 years, gold has outperformed major indexes like the S&P 500 (INDEXDJX:.DJI).

"A lot of people want to see gold at US$5,000 and US$10,000 (per ounce), kind of like how bitcoin rose quite a bit. But gold is a different beast in itself," he said. "So in my opinion gold is doing well."

Keep reading...Show less
Prismo Metals

Prismo Metals Announces Closing of Financing and Appointment of New Director

Prismo Metals Inc. (CSE: PRIZ) ("Prismo" or the "Company") is pleased to announce that it has completed its previously announced financing for gross proceeds of $682,125 through the exercise of warrants by certain warrantholders, including a number of insiders.

"The proceeds received by Prismo will be primarily used to drill a minimum of 2,000 meters of HQ core at the Company's Verdes property in several holes to test mineralization at depth under the high-grade intercepts from previous drilling campaigns," said Dr. Craig Gibson, President and CEO of Prismo. He added: "Two of these holes intersected high-grade mineralization similar in grade and width to the results of Vizsla Silver Corp. (TSXV: VZLA and NYSE: VZLA) in the Panuco district, whose property is contiguous to Palos Verdes. The best intercepts of these previous drilling campaigns were 2,336 g/t Ag and 8.42 g.t Au over a true width estimated at 0.8 meters within a larger mineralized interval with 1,098 g/t Ag and 3.75 g/t Au over a true width of 2.3 meters (see Prismo's news release dated September 30, 2020). The Company believes these intercepts indicate the presence of a potentially large Ag-Au shoot of the type being defined by Vizsla Silver."

Keep reading...Show less

Latest Press Releases

Related News