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C2C Gold Corp. (OTCQB: CTCGF) has acquired all shares of The Rock Gold Corp. for 12,250,000 common shares. The acquisition enhances C2C's mineral portfolio in Newfoundland, adding over 40 mineral claims with multiple drill-ready projects. This strategic move complements C2C's recent visible gold discovery at the Atlas Zone in the Central Newfoundland Gold Belt. The new projects will undergo reconnaissance work and a planned drill program in 2022, reflecting a strong future pipeline. C2C's shares issued are subject to a four-month hold period.
C2C Gold Corp. (CSE: CTOC; OTCQB: CTCGF) announced a share purchase agreement to acquire The Rock Gold Corp. for 12,250,000 common shares. This purchase enhances C2C's asset portfolio with Rock Gold's 40+ mineral licenses in Newfoundland, including drill-ready projects. Director William M. Sheriff joins C2C's board, bringing extensive experience in minerals. The transaction aims to leverage exploration opportunities, reduce project risks, and improve financial sustainability. The acquisition has been approved unanimously by C2C's board.
C2C Gold Corp. (OTCQB:CTCGF) has commenced its 2022 exploration season at the South Tally project, implementing an airborne drone geophysical survey. This survey aims to enhance mapping of subsurface structures, crucial for identifying potential gold deposits. Additionally, the company entered a joint venture with Buchans Resources, allowing C2C to acquire up to 70% of 364 mineral claims in Central Newfoundland, deemed prospective for gold mineralization. The South Tally property, located near the Tally Pond volcanic belt, has untapped gold and base metal potential.
C2C Gold Corp. (OTCQB:CTCGF) announced the resignation of CEO Lori Walton, effective immediately, for personal reasons. Janet Sheriff, the Executive Chair, has been appointed as Interim CEO while a search for a permanent replacement is conducted. Walton will continue as a Director and consultant. The company is gearing up for its 2022 exploration season in Newfoundland following a successful first phase in 2021. C2C holds significant mineral exploration land in Newfoundland and Yukon, focusing on gold projects.
C2C Gold Corp. (OTCQB: CTCGF) has announced a significant discovery of visible gold at the Atlas Zone on its Millertown property in Newfoundland. The site, located 1 km from the Buchans Highway, revealed quartz vein float samples with gold grades up to 5.37 g/t. The Atlas Zone, situated near the Jaclyn gold deposit, is prioritized for further exploration, including drilling. Initial sampling and geophysical data indicate potential for buried gold mineralization. Results from ongoing metallic screening analysis and soil sampling are forthcoming.
C2C Gold Corp. (OTCQB:CTCGF) has initiated an excavator trenching program at its Lake Douglas property in Newfoundland. The trenching follows successful geological mapping and sampling in the area, which is aligned with Marathon Gold’s Valentine Gold Project, 15 km away. The Lake Douglas property, covering 21.75 km², is part of a joint venture with Buchans Resources. Previous drilling in nearby areas revealed significant gold intercepts, enhancing the potential for gold mineralization in the region.
C2C Gold Corp. has appointed Jeananne Hauswald to its Board of Directors, effective November 15, 2021. Ms. Hauswald brings over 25 years of experience in investment management and corporate finance. She has held key positions in prominent companies such as Group 11 Technologies and Seagram. The Company granted her 200,000 stock options with an exercise price of $0.28, vesting over two years. Additionally, C2C Gold acknowledges former Director Patricia Wilson's contributions and congratulates Executive Chair Janet Lee-Sheriff for her recognition in the mining sector.
C2C Gold Corp. (OTCQB: CTCGF) announced the generation of multiple drill-ready gold targets from gold-in-soil anomalies at its Millertown project in Newfoundland. Out of approximately 12,500 soil samples collected, about 10,000 assays have been received, revealing significant gold values, including three samples over 300 ppb. The firm is actively exploring a 1,261 km2 land package, with ongoing geological mapping and further soil sampling planned. CEO Lori Walton emphasized the importance of these findings for advancing exploration in the region.
C2C Gold Corp. (CSE: CTOC; OTCQB: CTCGF) announces the appointment of Chris Buchanan as Chief Geologist. Mr. Buchanan, a seasoned professional with over 24 years of experience in mineral exploration, will focus on projects in the Central Newfoundland Gold Belt. The company is actively exploring its 1,261 km² land package, integrating recent soil sample results with advanced geophysical data. C2C is also participating in the 121 virtual Mining Investment Conference from October 13-15, 2021.
C2C Gold Corp. (CSE: CTOC; OTCQB: CTCGF) has announced the discovery of multiple drill-ready gold targets at the Barrens Lake property in Newfoundland as a result of its 2021 soil sampling program. The program identified strong gold-in-soil anomalies across two grids, with five anomalies ranging from 0.9 km to 1.9 km. Over 3,000 soil samples were collected, covering less than 10% of the project area. The company plans further exploration based on these findings, hoping to enhance development within the Central Newfoundland Gold Belt.