Pancontinental Resources Corporation (TSXV:PUC) has released its monthly battery metals report, which updates its shareholders on the company’s activities as well as trends in the battery sector.
Pancontinental Resources Corporation (TSXV:PUC) has released its monthly battery metals report, which updates its shareholders on the company’s activities as well as trends in the battery sector. The May edition provided an overview of the commodity prices in Q1 2019 and introduced the company’s newest project. The report noted that changes in global policies were driving high commodity prices and that China continues to demand more from the base metals sector as they electrify the country’s automotive industry.
Pancontinental acquired the St. Laurent in March 2019. The project resides in the St. Laurent township and covers 4,170 hectares of land. The project is 160 kilometers northeast of Timmins, Ontario, 50 kilometers south of the Detour Lake mine and 20 kilometers southeast of the Casa Berardi mine. The property has seen historical drilling which identified a nickel-copper-cobalt-gold-platinum-palladium zone that remains open along strike and at depth. The area also coincides with a strong 600-meter-long EM anomaly. Pancontinental provided an interactive document to help educate investors on the various elements of the St Laurent project.
The report also featured short articles on the multi-million-dollar mining industry in Ontario; the role nickel is playing in EV batteries and Canada’s response to the global demand for clean energy technology.
To view the full report, click here.