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Tasca Commences Trenching Program on the Princeton Gold Property

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca” or the “Company”) (TSX.V:TAC, FSE:3TA) is pleased to announce the commencement of the excavator trenching program at its Princeton Gold Property. Tasca will follow up the Area 2 discoveries, where float grab and in-place quartz rock sampling documented 25 of 37 samples returning gold values in excess of 1,000 ppb with 13 of the 25 samples returning gold values in excess of 10,000 ppb gold, or 10 grams per tonne, to a maximum of 66,237 ppb or 66.2 grams per tonne gold. Tasca plans to initiate a diamond drill program upon completion of the trenching program.

Princeton Gold Property

The Princeton Gold Property lies 35 kilometres south of Princeton, British Columbia and 11 kilometers south of the producing Copper Mountain Copper Mine. The road accessible, 4013 hectare property is fully permitted for fifty trenching sites and ten drilling sites.

The Area 2 samples were collected from three separate locations consisting of angular float, sub crop or outcrop of rusty weathered, limonite stained quartz with trace to 5% very fine grained disseminated pyrite. Several of the samples exhibit remnant vugs or cellular boxwork structure.

A 2011 grid soil sampling survey indicates Area 2 hosts multiple, linear, parallel gold-in-soil anomalies with the strongest anomaly striking a minimum of 500 metres to a maximum of 650 metres in a northwestern direction.

About Tasca Resources

Tasca Resources Ltd. (TAC: TSX-V; FWB: 3TA) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties.  Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., Tasca’s geologist, who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).

For additional information regarding the above noted property and other corporate information, please visit the Company’s website at www.tascaresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

Tasca Investor Relations

Phone: (604) 644-6794

Email: info@tascaresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Tasca Commences Trenching Program on the Princeton Gold Property 2018-09-30T19:49:15+00:00

Tasca Provides Update to Finders’ Fees Paid for Private Placement

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca”, “TAC” or the “Company”) (TSX Venture symbol: TAC) wishes to update its News Release of September 5, 2018 concerning the completion of its Private Placement Offering of Flow-Through and Non-Flow-Through Units to report a reduction in the amount of the total finders’ fee paid.  The cash finders’ fees reported in that News Release were reduced by $525.00 to a reduced total of $64,970 and the number of Brokers’ Warrants was reduced by 10,500 Brokers’ warrants to a reduced total of 590,500 Brokers warrants.

About Tasca Resources

Tasca Resources Ltd. (TAC: TSX-V) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

For additional information regarding the above noted Property and other corporate information, please visit the Company’s website at www.tascaresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

Tasca Investor Relations

Phone: (604) 644-6794; Email: info@tascaresources.com

#830 – 1100 Melville St. | PO Box 43 | Vancouver | BC | V6E 4A6

Tel: (604) 341-6870 | Fax: (604) 395-7068

Website: www.tascaresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements\

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Tasca Provides Update to Finders’ Fees Paid for Private Placement 2018-09-30T19:47:54+00:00

Tasca Options Pistol Lake Property in Newfoundland, Canada

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca” or the “Company”) (TSX.V: TAC, FSE: 3TA) is continuing its focus in Newfoundland and is pleased to announce the acquisition of the 1,350 hectare Pistol Lake property from Arm’s Length vendors. Pistol Lake lies within a plus 400 km regional structural zone comprising the Cape Ray Fault – Valentine Fault –Rogerson Lake Structural Zone (CRF-VLS-RLS) running SW to NE through the centre of Newfoundland. This key structural zone hosts the: Benton Resources Inc. / Matador Capital Pty Ltd. Cape Ray gold deposits, Quadro Resources Inc. Staghorn gold zone, Marathon Gold Corporation Valentine Lake gold camp, Antler Gold Inc. Wilding Lake gold zone, and the recent Sokomon Iron Inc. Moosehead discovery. Tasca cautions investors the Company has not yet verified any of the exploration data from any of the above mentioned camps, deposits or zones.

President Clive Massey states, “Tasca continues to believe in the excellent exploration potential of Newfoundland and is very pleased with opportunity to acquire the option on the Pistol Lake property. On-going exploration continues to suggest CRF-VLS-RLS is a significant regional structure controlling the distribution of gold deposits through central Newfoundland. The initial exploration results at Pistol Lake suggest to Tasca’s technical team focussed exploration may well bring success. Tasca plans an aggressive exploration program once the technical team has reviewed and compiled the historic data set.”

The road accessible Pistol Lake property is comprised of 2 licenses totalling 54 claims and lies 37 kilometres southwest of Grand Falls. Pistol Lake is underlain by Silurian sandstones and siltstones with proximal felsic volcanic flows and intrusives, a setting favourable for epithermal precious metal mineralization similar to the above mentioned deposits. Epithermal textures in the quartz veins and stockworks are common at Pistol Lake.

Two areas meriting significant exploration are the Elliot showing and the Pistol Lake showing. Elliot is a hematite carbonate altered syenite intruding carbonate altered sandstones. Several angular quartz breccia boulders were located near the syenite. A trenching program had water issues and only a small amount of bedrock was reached. A total of 239 largely grab samples of the syenite and the quartz boulders returned values ranging from 5 to 3323 ppb Au with 7 of the samples returning values in excess of 1000 ppb or 1 g/t. In addition 597 soils samples were taken. Pistol Lake is 2 km south of Elliot and consists of angular quartz breccia boulders. Tasca cautions investors grab samples are selected samples and are not necessarily representative of mineralization hosted on the property.

Tasca’s technical team will immediately commence a thorough review and compilation of the historic exploration to develop an exploration program to locate the source of the epithermal quartz boulders for a follow up drill program.

Under the terms of the Option Agreement, Tasca will make cash payments of $40,000, issue 4,250,000 shares and complete $2,400,000 in exploration expenditures over the next four years. The Vendors will retain a 2% Net Smelter Return Royalty; Tasca will have the option to purchase 50% of this royalty for $1,000,000 at any time. The agreement is subject to approval by the TSX Venture Exchange (the “Exchange”).

About Tasca Resources

Tasca Resources Ltd. (TAC: TSX-V) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

For additional information regarding the above noted Property and other corporate information, please visit the Company’s website at www.tascaresources.com

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by R. Tim Henneberry, P.Geo. an independent consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

Tasca Investor Relations

Phone: (604) 644-6794; Email: info@tascaresources.com

#830 – 1100 Melville St. | PO Box 43 | Vancouver | BC | V6E 4A6

Tel: (604) 341-6870 | Fax: (604) 395-7068

Website: www.tascaresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Tasca Options Pistol Lake Property in Newfoundland, Canada 2018-09-30T19:46:07+00:00

Tasca Closes Private Placements of Flow Through and Non Flow Through Units

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca”, “TAC” or the “Company”) (TSX Venture symbol: TAC) is pleased to announce that, further to its News Release of August 10, 2018, it has closed its private placement offering of Non Flow Through Units (each a “NFT Unit”) and Flow Through Units (each a “FT Unit”), raising aggregate gross proceeds of $767,200.

In the private placement, Tasca sold 9,260,000 NFT Units at a price of $0.05 per NFT Unit for gross proceeds of $463,000, and 4,680,000 FT Units at a price of $0.065 per FT Unit for gross proceeds of $304,200, for aggregate gross proceeds of $767,200.

Each NFT Unit is comprised of one common share of the Company and one full share purchase warrant (each a “NFT Unit Warrant”).  Each NFT Unit Warrant entitles the holder to purchase one additional common share of the Company at an exercise price of $0.075 per common share until September 4, 2020.

Each FT Unit is comprised of one common share of the Company and one-half (1/2) of one share purchase warrant (each such whole warrant being a “FT Unit Warrant”).  Each FT Unit Warrant entitles the holder to purchase one additional common share of the Company at an exercise price of $0.10 per common share (which will not be a flow-through share) until September 4, 2020.

Finders’ fees were paid to three finders in the form of cash and brokers’ units, in the aggregate total of $65,495 in cash, 574,500 common shares and 601,000 brokers’ warrants.  Of the 601,000 total brokers’ warrants to be issued, 377,000 entitle the holder to purchase one additional common share at $0.075 per common share and 224,000 entitle the holder to purchase one additional common share at $0.10 per common share until September 4th, 2020

All of the securities issued in the private placement are subject to a four month and one day hold period.

A director of the company subscribed for 1,400,000 of the NFT Units sold in this private placement.  This director is considered to be a “related party” to Tasca within the meaning of Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and the issuance of these 1,400,000 NFT Units to him is considered to be a “related party transaction” within the meaning of MI 61-101, but this transaction is exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in Section 5.5(a) of MI 61-101, and from the minority shareholder approval requirement of MI 61-101 by virtue of the exemption contained in Section 5.7(1)(a) of MI 61-101, in that the fair market value of the consideration paid for the NFT Units (on a partially diluted basis) by the related party does not exceed 25% of the Company’s market capitalization.

About Tasca Resources

Tasca Resources Ltd. (TAC: TSX-V) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

For additional information regarding the above noted Property and other corporate information, please visit the Company’s website at www.tascaresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

Tasca Investor Relations

Phone: (604) 644-6794; Email: info@tascaresources.com

#830 – 1100 Melville St. | PO Box 43 | Vancouver | BC | V6E 4A6

Tel: (604) 341-6870 | Fax: (604) 395-7068

Website: www.tascaresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Tasca Closes Private Placements of Flow Through and Non Flow Through Units 2018-09-30T19:44:27+00:00

Tasca Cancels Its Acquisition of the Beaverhead Property

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca” or the “Company”) (TSX.V: TAC, FSE: 3TA) Further to the Company’s news release on July 25, 2018, the Company has decided not to proceed with the acquisition of the Beaverhead Property and is withdrawing its application with the TSX Venture Exchange.

About Tasca Resources

Tasca Resources Ltd. (TAC: TSX-V) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

For additional information on the Company, please visit the Company’s website at www.tascaresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

Tasca Investor Relations

Phone: (604) 644-6794; Email: info@tascaresources.com

#830 – 1100 Melville St. | PO Box 43 | Vancouver | BC | V6E 4A6

Tel: (604) 341-6870 | Fax: (604) 395-7068

Website: www.tascaresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Tasca Cancels Its Acquisition of the Beaverhead Property 2018-09-30T19:49:30+00:00

Tasca to Proceed to Private Placements of FT and NFT Units

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca”, “TAC” or the “Company”) (TSX Venture symbol: TAC) wishes to announce that further to its price reservation on file with the TSX Venture Exchange, it intends to proceed with a private placement of up to 20,000,000 NFT Units at $0.05 per Unit for gross proceeds of up to $1,000,000.  Each NFT Unit is comprised of one common share at $0.05 and one full warrant exercisable at $0.075 per common share for two years from closing.

In addition, and also pursuant to its Price Reservation on file, it intends to proceed with a private placement of up to 5,000,000 Flow Through Units at $0.065 per Flow Through Unit for gross proceeds of up to $325,000.  Each FT Unit is comprised of one common share at $0.065 and one-half (1/2) of one warrant with each whole warrant exercisable at $0.10 per common share (which is not a flow-through share) for two years from closing.

There will be finders’ fees payable.  The private placement is subject to TSX Venture Exchange acceptance and the resulting securities which are issued will be subject to a four month and a day hold period.

About Tasca Resources

Tasca Resources Ltd. (TAC: TSX-V) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

For additional information regarding the above noted Property and other corporate information, please visit the Company’s website at www.tascaresources.com

ON BEHALF OF THE BOARD OF DIRECTORS 

“Clive Massey” 

Clive H. Massey

President & CEO

For further information, please contact:

Tasca Investor Relations

Phone: (604) 644-6794; Email: info@tascaresources.com

#830 – 1100 Melville St. | PO Box 43 | Vancouver | BC | V6E 4A6

Tel: (604) 341-6870 | Fax: (604) 395-7068

Website: www.tascaresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Tasca to Proceed to Private Placements of FT and NFT Units 2018-09-30T19:49:38+00:00

New Point Exploration Closes $4.6 Million Financing

VANCOUVER, British Columbia, Aug. 09, 2018 (GLOBE NEWSWIRE) — New Point Exploration Corp. (CSE: NP / OTC: NPEZF / FSE: 4NP) (“New Point” or the “Company”) is pleased to announce it has closed a non-brokered private placement financing (“Placement”) for aggregate gross proceeds of C$4,651,000.

The Company has issued 37,208,000 units (“Units”) at a price of C$0.125 per Unit. Each Unit is comprised of one common share and one-half of one transferable common share purchase warrant with each whole Warrant (“Warrant”) entitling the holder to purchase one additional common share of the Company at a price of C$0.13 for a period of up to six months from the date of issue, subject to accelerated expiry.

In the event that the closing price of the Company’s common shares is at or above $0.13 per share for five consecutive days, the Company may provide notice to the warrant holders that the expiry date of the warrants has been accelerated and that warrants not exercised within 14 days will expire.

The proceeds of the Placement will be used for general corporate purposes including G&A and exploration on the Company’s projects.  All securities issued pursuant to the Placement will be free trading upon issuance pursuant to prospectus exemption 2.25 of NI 45-106.

Further, the Company announces the appointment of Mr. James Hyland to the Board of Directors.

Mr. Hyland brings more than 25 years of experience in the public markets as a financial and marketing consultant, a corporate founder and manager of numerous early stage public and private businesses.  His industry expertise includes mining, publishing, financial services, oil & gas, hospitality, technology, alternative energy and healthcare appliances. He is currently a Director of Tasca Resources Corp. (TSX.V: TAC), Resolve Ventures Inc. (TSX.V: RSV) and BLOK Technologies Inc. (CSE: BLK). Mr. Hyland has an extensive network of contacts within the financial community including brokers, fund managers, industry analysts and media, throughout North America, the United Kingdom and continental Europe.  He earned a Bachelor of Commerce in Entrepreneurial Management from Royal Roads University of Victoria, BC. Canada.

The Company has accepted the resignation of Norman Wareham as Chief Financial Officer and a Director of the Company as well as Eric Saderholm as a Director of the Company.  The Company wishes to thank Mr. Wareham and Mr. Saderholm for their contributions to the Company and wishes them all the best in their future endeavours.

About New Point Exploration Corp.

New Point (CSE: NP / OTC: NPEZF / FSE: 4NP) is engaged in the business of acquiring, exploring and developing mineral properties related to the growing battery industry. Focused on high grade, prospective properties in North America, New Point is building a portfolio that includes lithium, cobalt and copper projects in prospective, mining-friendly jurisdictions. New Point, A Next Generation Metals Company.

On Behalf of the Board of New Point Exploration Corp.

“Bryn Gardener-Evans”
President & CEO

Corporate Office
700-838 W Hastings Street Vancouver, BC
V6C 0A6

For further information, please contact:

E: investors@newpointexploration.com
P: 403-830-3710

Forward-looking Information

This news release includes certain forward-looking statements and forward-looking information (collectively, “forward- looking statements”) within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the Assumption Agreement, the anticipated exploration program for the Empire Lithium Property, future capital expenditures, the anticipated business plans, including the Company’s transition into mineral exploration and development related to the battery industry, and the timing of future activities of the Company, are forward-looking statements. Often, but not always, forward looking information can be identified by words such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. These forward-looking statements reflect the Company’s current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant operational, business, economic and regulatory uncertainties and contingencies, including, prices for lithium, cobalt, copper, and base metals remaining as estimated, prices for labour, materials, supplies and services (including transportation) remaining as estimated, all necessary permits, licenses and regulatory approvals for the Company’s operations being received in a timely manner, and the Company’s ability to comply with environmental, health and safety laws. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, operating and technical difficulties in connection with mineral exploration and development, actual results of exploration activities, variations to the geological and metallurgical assumptions, the costs and timing of the development of new exploration projects, requirements for additional capital to fund the Company’s business plan, future prices of lithium, cobalt, copper, and base metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, delays in obtaining governmental and regulatory approvals (including of the Canadian Securities Exchange), permits or financing, or in the completion of development or construction activities, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or claims limitations on insurance coverage and the timing and possible outcome of pending litigation, and environmental issues and liabilities, as well as those factors discussed under the heading “Risk Factors” in the Company’s prospectus dated November 8, 2017 and other filings of the Company with the Canadian Securities Authorities, copies of which can be found under the Company’s profile on the SEDAR website at www.sedar.com. Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.

New Point Exploration Closes $4.6 Million Financing 2018-09-30T19:49:46+00:00

Tasca Acquires Second Property Proximal to the Moosehead Gold Project’s New Gold Discovery Located in Newfoundland, Canada

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca” or the “Company”) (TSX.V: TAC, FSE: 3TA) is pleased to announce that the Company has acquired a second property in the burgeoning Moosehead Gold area of north-central Newfoundland. The 600 hectare property is located 6.2 km due east of Sokomon Iron Corp’s (Symbol: SIC-TSXV) Moosehead Gold Project where Sokoman recently reported a drill intersection of 44.96 grams per tonne (g/t) gold over 11.9 metres.

The 4 km N-S by 1.5 km E-W road accessible property is located 10 kilometres SE of the town of Bishop’s Falls. The Moosehead and Tasca property lies along a northeast trending 150km belt of Silurian volcanic, volcaniclastic and sedimentary rocks with associated intrusives. Mineralization in the Moosehead area is associated with east-west trending quartz veins associated with a north dipping fault system.

The Sokoman intersection consisted of quartz veining at a down hole depth of 109m to 120.9m. Visible gold was noted in the quartz veining. True width is not known but appears to be 50% to 80%.

Tasca cautions investors mineralization on the Moosehead property is not necessarily indicative of similar mineralization on its newly acquired claim block. Tasca further cautions investors it has not verified the Sokoman exploration data.

President Clive Massey stated: “The addition of this new ground to our property portfolio puts Tasca in an excellent position to be a leader in this emerging area play. We feel Newfoundland is one of the best exploration jurisdictions in Canada and we are eager to become a key player in this developing exploration camp. Our exploration team will be on the ground in the next few weeks to begin evaluation of these key pieces. ”

Under the terms of the Agreement, Tasca has agreed to purchase a 100% interest in the Moosehead Claim from an Arms-Length Vendor by paying $15,000 and issuing 1,500,000 million shares on approval of the Agreement by the TSX Venture Exchange (the “Exchange”). Tasca will have an exploration crew on the properties later in August to undertake preliminary prospecting programs to identify targets for follow up.

About Tasca Resources 

Tasca Resources Ltd. (TAC: TSX-V) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

For additional information regarding the above noted Property and other corporate information, please visit the Company’s website at www.tascaresources.com

Qualified Person 

The scientific and technical information contained in this news release has been reviewed and approved by R. Tim Henneberry, P.Geo. an independent consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).

ON BEHALF OF THE BOARD OF DIRECTORS 

“Clive Massey” 

Clive H. Massey

President & CEO

For further information, please contact: 

Tasca Investor Relations
Phone: (604) 644-6794; Email: info@tascaresources.com

#830 – 1100 Melville St. | PO Box 43 | Vancouver | BC | V6E 4A6
Tel: (604) 341-6870 | Fax: (604) 395-7068
Website: www.tascaresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

Tasca Acquires Second Property Proximal to the Moosehead Gold Project’s New Gold Discovery Located in Newfoundland, Canada 2018-09-30T19:38:51+00:00

Tasca Acquires Land Package Contiguous to the Moosehead Gold Project’s New Gold Discovery Located in Newfoundland, Canada

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca” or the “Company”) (TSX.V: TAC, FSE: 3TA) is pleased to announce that the Company has acquired the Beaverhead Claims (“Agreement”) that is contiguous to the Moosehead Gold Project located close to the town of Grand Falls-Windsor in North-Central Newfoundland.

 

The newly acquired property is 2.5 km long by 1.5 km wide and traverses the TransCanada Highway and Bay d’Espoir Highway (Route 360). The property is contiguous to the northwest of the Sokoman Iron Corp. (SIC-TSX.V) Moosehead Gold Project, where Sokoman recently reported a drill intersection of 44.96 grams per tonne (g/t) gold over 11.9 metres.

 

Tasca cautions investors mineralization on the Moosehead property is not necessarily indicative of similar mineralization on its newly acquired claim block. Tasca further cautions investors it has not verified the Sokoman exploration data.

 

President Clive Massey states, “On July 24, Sokoman Iron issued a news release announcing a new quartz vein discovery that caught our attention. Drill hole MH-18-01 reported 50 specks of visible gold ranging from less than a millimetre to 2 millimetres in diameter. However, the mineralization hosted on the Sokoman property is not necessarily indicative of the mineralization hosted on our property. Tasca made the decision to ensure our shareholders had exposure to what we feel may perhaps be a burgeoning area of interest.”

 

The Sokoman intersection consisted of quartz veining at a down hole depth of 109m to 120.9m. Visible gold was noted in the quartz veining. True width is not known but appears to be 50% to 80%.

 

The Moosehead and Tasca property lies along a northeast trending 150km belt of Silurian volcanics, volcaniclastics and sediments rocks. Mineralization in the Moosehead area is associated with east-west trending quartz veins associated with a north dipping fault system.

 

Under the terms of the Agreement, Tasca has agreed to purchase a 100% interest in the Beaverhead Claims by paying $7,500 and issuing 2,000,000 million shares on approval of the Agreement by the TSX Venture Exchange (the “Exchange”). Tasca plans to immediately undertake a preliminary prospecting program to identify targets for follow up.

 

About Tasca Resources 

Tasca Resources Ltd. (TAC: TSX-V) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties. Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

 

For additional information regarding the above noted Property and other corporate information, please visit the Company’s website at www.tascaresources.com

 

Qualified Person 

The scientific and technical information contained in this news release has been reviewed and approved by R. Tim Henneberry, P.Geo. an independent consulting geologist who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).

 

ON BEHALF OF THE BOARD OF DIRECTORS 

 

“Clive Massey” 

Clive H. Massey

President & CEO

 

For further information, please contact: 

Tasca Investor Relations
Phone: (604) 644-6794; Email: info@tascaresources.com

#830 – 1100 Melville St. | PO Box 43 | Vancouver | BC | V6E 4A6
Tel: (604) 341-6870 | Fax: (604) 395-7068
Website: www.tascaresources.com

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Forward-Looking Statements

 

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Tasca Acquires Land Package Contiguous to the Moosehead Gold Project’s New Gold Discovery Located in Newfoundland, Canada 2018-09-30T19:37:07+00:00

Tasca Completes Phase I Till and Soil Sampling Program on the Poplar Property

Vancouver, British Columbia (FSCwire) – Tasca Resources Ltd. (“Tasca” or the “Company”) (TSX.V:TAC, FSE:3TA) is pleased to announce the completion of the first phase of the 2018 summer work program on the Poplar Property, located on the all season maintained road southwest of Houston, British Columbia.

The till sampling program was directed at one of the key airborne geophysical targets areas identified throughout the 62,000 hectare property, the Alder target. Preliminary widely spaced till sampling in 2012 and 2013 located several anomalous values in the corridor from the Poplar deposit itself north toward the Alder target. A regular spaced 3 km by 5 km grid was completed over the area, resulting in the collection of 281 basal till samples.

Basal till sampling is an accepted exploration method for locating potential buried porphyry copper mineralization beneath glacial till, a common geological setting in British Colombia. In simple terms, elevated levels of either the metals associated with porphyry style mineralization or the indicator minerals associated with porphyry style mineralization can be traced back their source in basal tills by tracing the anomalous values back up-ice. Interested investors can read a good overview paper on the exploration technique at the following url: http://publications.gc.ca/collections/collection_2015/rncan-nrcan/M44-2014-2-eng.pdf.

The Phase I till samples have been sent to the ALS Minerals Laboratory in North Vancouver, B.C. an ISO/IEC 17025:2005 certified facility where they will be analyzed using the ME-MS41L procedure. Results will be reported once they have been received and reviewed by the Tasca Poplar technical team. Tasca anticipates the identification of potential drill targets based on the till results.

The Phase I 2018 campaign also focussed on the Copper Pond target, 10km southwest of the Poplar deposit. Five lines of conventional soil sampling were completed to test the areas east and west of the target, resulting in the collection of 98 samples. A 1995 percussion drill hole returned 0.18% Cu over 220 feet (67 metres) at Copper Pond and in addition, Copper Pond is one of the prominent airborne geophysical targets. Tasca cautions investors it has not verified the 1995 exploration data.

About the Poplar

The Poplar copper deposit hosts an historical indicated mineral resource of 131 million tonnes grading 0.31 per cent copper, 0.009 per cent molybdenum, 0.09 gram per tonne gold and 2.39 grams per tonne silver and a historical inferred mineral resource of 132 million tonnes grading 0.27 per cent Cu, 0.005 per cent Mo, 0.07 g/t Au and 3.75 g/t Ag has been identified through the drilling of 147 historical holes.

These historical indicated and inferred resources were disclosed by Lions Gate Metals Inc. in its technical report dated March 30, 2012, prepared by Gary Giroux, PEng.

To determine the historical resource, a three-dimensional solid was constructed to constrain the mineralized area, using a 0.1-per-cent-copper-grade shell as a guide. Large internal waste zones were modelled as were some larger-post mineral dikes. Of the total database, 129 drill holes totalling 37,205 metres were within the mineralized zone and were used to estimate the resource. Drill holes were compared with the mineralized solid, and assays were tagged if inside. Copper, molybdenum, gold and silver assays within the mineralized solid were capped at 1.4 per cent Cu, 0.14 per cent Mo, 0.34 g/t Au and 41 g/t Ag, respectively. Five-metre composites were formed and used for variography.

For this estimate and to aid with some preliminary planning, the blocks were reduced to five by five by 10 metres in dimension and were estimated for Cu, Mo, Au and Ag by ordinary kriging. The historical resource is classified as indicated and inferred based on each block’s proximity to data and the grade continuity. The historical indicated and historical inferred resource uses the categories set out in Section 1.2 of National Instrument 43-101.

Tasca will need to review and verify the historical drilling database and twin a number of the existing drill holes to bring the historical resources current. Investors are cautioned a qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves and therefore Tasca is not treating the historical estimate as current mineral resources or mineral reserves.

About Tasca Resources

Tasca Resources Ltd. (TAC: TSX-V; FWB: 3TA) is a Canadian-based mineral exploration company focused on the acquisition, exploration and development of mineral properties.  Our objective is to build shareholder value through exploration and potential development or acquisition of existing projects with significant up-side.

Qualified Person

The scientific and technical information contained in this news release has been reviewed and approved by R. Tim Henneberry, P.Geo., Tasca’s geologist, who is a “Qualified Person” as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43- 101”).

For additional information regarding the above noted property and other corporate information, please visit the Company’s website at www.tascaresources.com

ON BEHALF OF THE BOARD OF DIRECTORS

“Clive Massey”

Clive H. Massey

President & CEO

For further information, please contact:

Tasca Investor Relations

Phone: (604) 644-6794

Email: info@tascaresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Tasca Resources Ltd. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Tasca Resources Ltd. management on the date the statements are made. Except as required by law, Tasca Resources Ltd. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

 

Tasca Completes Phase I Till and Soil Sampling Program on the Poplar Property 2018-09-30T19:34:43+00:00
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