Pancontinental Resources Corp.

Nickel, Cobalt, Copper and Gold Exploration in North America

This Pancontinental Resources Corporation profile is part of a paid investor education campaign.*

Overview

Led by its experienced and successful team, Pancontinental Resources Corporation (TSXV:PUC) is a Canadian-based exploration company with a growing portfolio of strategic gold and battery metals projects located in proven mining districts with excellent infrastructure.

Pancontinental’s current focus is on prospective nickelcoppercobalt properties in low-risk areas with existing resources and/or in proximity to producing or former mines. The company’s portfolio includes five projects in northern Ontario: Montcalm, Nova, Gambler and Strachan. Each project is adjacent to or near the former Montcalm nickel-copper-cobalt mine, which is located 65 kilometers northwest of Timmins, Ontario.

As for the St. Laurent project, it has an advanced nickel-copper-cobalt-gold-platinumpalladium target. The property is located 50 kilometers south of Detour Lake mine and 20 kilometers southwest of Casa Berardi mine.

Pancontinental is currently conducting exploration programs at the Montcalm and St. Laurent projects. After evaluating of exploration data from its Q1 2019 fieldwork on Montcalm, the geological team has identified a new target area, known as the Hook zone, that hosts a cluster of electromagnetic anomalies. Pancontinental is conducting induced polarization and geophysical surveys at the zone and expects to follow this up with a round of drilling.

Exploration fieldwork at St. Laurent commenced in July 2019 following evaluation of historical exploration work. Work to date indicates that there is the potential for a classic nickel-copper-cobalt massive sulfide target on the property. The characteristics of the mineralization at the St. Laurent project are similar to what has been found at the Montcalm mine.

Pancon also holds a 100-percent interest in the Jefferson gold project. The property is located 15 kilometers along-trend from the Haile gold mine and surrounds the former Brewer gold mine property, on the prolific and underexplored Carolina slate belt in South Carolina, US.

Pancontinental’s Company Highlights

  • A leading gold and battery metals explorer with a mission to generate value through responsible exploration, focusing on commodity, geology, location, timing and people.
  • Exploring for gold, nickel, copper and cobalt in proven North American mining districts.
  • Camp-sized projects in low-risk areas with excellent infrastructure and strong First Nations and local government support.
  • All projects are adjacent to near producing or former mines, in safe and geologically abundant jurisdictions.
  • Management team with track record of asset discovery, project development and value creation.

Montcalm project: nickel-copper-cobalt project in the Montcalm gabbro complex, adjacent to Glencore’s (LSE:GLEN) former Montcalm mine, 65 kilometers northwest of Timmins, Ontario.

St. Laurent project: Contains an advanced exploration target hosting a prominent 600-meter long EM anomaly associated with nickel-copper-cobalt-gold-platinum-palladium mineralization.

Gambler project: nickel-copper-cobalt camp-sized project, in the Montcalm gabbro complex, adjacent to Glencore’s former Montcalm mine.

Nova project: copper-cobalt-gold project with preliminary surface exploration results, 19 kilometers southwest of former Montcalm mine.

Strachan project: nickel-copper-cobalt project in the Strachan gabbro complex, 15 kilometers south of former Montcalm mine.

Jefferson gold project: 15 kilometers along trend from the Haile gold mine and surrounds the former Brewer gold mine, on the prolific Carolina slate belt in South Carolina, US.

Pancontinental’s Leadership Team

Layton Croft – President, CEO and Director

More than 25 years of leadership and management experience in North America, Asia, Europe, Africa and Latin America, including executive and advisory roles with Ivanhoe Mines, Rio Tinto, Peabody Energy and Duke Energy. Director of Erdene Resource Development (TSX: ERD) since 2015.

Mark McMurdie – CFO

Chartered Professional Accountant with more than 30 years of senior leadership experience in public and private companies. Currently serving as CFO for Roscan Minerals (TSXV: ROS), as well as Director of Finance for franchisor H&S Massage Spa Canada.

Jeanny So – External Relations Manager

More than 15 years of investor relations, corporate development, communications and communities experience in the mining sector. She is a consultant to Purepoint Uranium Group (TSXV: PTU) and a member of Prospector and Developers Association of Canada (PDAC) and Women In Mining.

Christopher Cherrywell, CPG, QP – South Carolina Geologic Advisor

40+ years of experience, from early exploration to mine feasibility and spent over a decade on the Carolina Gold Belt, including working at Brewer, Haile and Barite Hill in South Carolina. Chris was the lead geologist responsible for discovering the Brewer Gold Mine in 1983-84 and provided project development engineering solutions to support project economics and local socio-economic benefits to the mine.

Margaret Venable, PHD, CPG, QP – South Carolina Senior Exploration Geologist

Specializing in property evaluation and three-dimensional analyses and integration of data sets in order to enhance understanding of mineralization and plan future work, Margaret has 35+ years of experience, from early exploration to mine feasibility. Originally from North Carolina, she has been studying the geology and geophysics of the Brewer-Jefferson area since 2016.

Richard “Criss” Capps, PhD, CPG, QP – South Carolina Project Geologist

40+ years of experience in minerals exploration and economic geology. Mr. Capps was part of the team that discovered six gold deposits that became the Castle Mountain Gold Mine in California. Originally from North Carolina, Mr. Capps has been working in the Brewer-Jefferson area since 2016.

Thomas O’Shea – South Carolina Assistant Geologist

With an undergraduate degree in environmental studies with earth science concentration, Thomas is pursuing his Master’s degree in Geosciences at Easter Tennessee State University. Thomas has almost three years’ experience in geology filed teams in the US and is experienced in NC conducting industrial wastewater monitoring, surface water and soils sampling.

Kevin Filo, P.Geo. – Northern Ontario Project Advisor

Exploration geologist, mining geologist and project generator with nearly 40 years of experience, including 30 years in the Abitibi Greenstone Belt, Ontario. Former VP Exploration for team which acquired the Detour Gold Mine from Placer Dome, now one of the largest gold mines in Canada.

Todd Keast, P.Geo. – Northern Ontario Project Manager

Exploration and project geologist with 30 years of experience in a diverse field of commodities. Has led and advanced projects from grassroots target generation and evaluation through to deposit discovery, delineation, environmental permitting and PEA.

Pancontinental’s Board of Directors

Don Whalen – Chairman of the Board and Independent Director

Mr. Whalen has been a self-employed business consultant since 2009. From 1992-2008, Don served as Executive Chairman and Director of TSX-listed High River Gold Mines. Together with fellow Pancon Gold Director, David Mosher, Don succeeded in growing High River Gold from a small exploration company into a multi-mine, international gold producer with mines in Canada, West Africa and Russia. During this period, High River Gold’s market capitalization increased from C$7 million to more than C$1 billion. Don has been active in promoting Canada-Russia business investment and trade relations. From 1998-2008 he was Chairman of the Canada Eurasia Russia Business Association (CERBA), and from 2005-2007 he represented Canada as Co-Chair of the Canada Russia Business Council.

David Mosher – Independent Director and Technical Advisory Committee Member

Mr. Mosher is a geologist and mining executive with more than 35 years of experience in the United States, Canada, Australia, Russia, Africa and Asia. Over the past decade he has been active in the restructuring, financing and management of a number of mineral projects and mining companies, both private and public. David has served on many boards including Cambior and Equinox Minerals, and is currently a director of five public mineral exploration companies, including Pancon Gold.

From 1992 through 2008, David served as President and CEO of TSX-listed High River Gold Mines, where he raised more than US$300 million and developed three mines from exploration through to production in Canada, West Africa and Russia. He assisted with the expansion of two underground mines in Russia, and he outlined a 5-million-ounce gold deposit in Burkina Faso, which subsequently became an operating mine. Under David’s leadership, High River Gold’s market capitalization increased from C$7 million to more than C$1 billion.

David Petroff – Independent Director

Mr. Petroff brings substantial executive management experience with mining companies to the Pancon Gold Board. He served as President, CEO and Director of Jaguar Mining from 2012-2014. He was President, CEO and Director of Breakwater Resources from 2009-2011. From 2004-2008, David was Executive Vice President and Chief Financial Officer of Centerra Gold, a spin-off from Cameco. David was Chief Financial Officer and Senior Vice President, Finance and Administration for Cameco from 1997-2004.

David’s experience demonstrates his ability to step into challenging situations and provide leadership for creating and implementing strategies that lead to higher profitability, engaged employees, and overall improved business results.

Rick Mark – Independent Director

Mr. Mark has more than 25 years of experience in the public markets and has held leadership positions with various organizations over the last 40 years. During his tenure with public companies he has been responsible for: securing financings; developing short and long-term corporate goals; building cost-effective property development plans; creating effective communication platforms; and overseeing regulatory functions.

Rick is currently President and CEO, Chair and Director of Harvest Gold (TSXV:HVG). He was formerly President and CEO of VMS Ventures, which discovered the high-grade Reed copper deposit in Manitoba, now in production through a joint venture with Hudbay Mining. He was also Chairman of North American Nickel, which has made a number of nickel discoveries in Greenland. Rick has led efforts to raise more than C$85 million in the last 12 years.


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