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C2C Gold Corp. has appointed Fredy Marino as its new Exploration Manager effective immediately, focusing on the Central Newfoundland Gold Belt projects. With over 25 years of mineral exploration experience, Marino will lead the 2021 field season alongside contractors and consultants. The company has submitted permit applications for surface exploration and aims to leverage historical data to identify promising sites across its Badger, Millertown, and Barrens Lake properties, which cover a total area of 1,151 sq km.
C2C Gold Corp. has finalized the sale of its interest in the Tag property in British Columbia to Engineer Gold Mines Ltd. for $200,000 in cash and 2 million common shares. Additionally, C2C Gold retains a 1% net smelter return royalty on the property. This transaction reflects C2C's strategy of optimizing its asset portfolio as it focuses on the acquisition and development of mineral projects in Newfoundland, where it holds significant land in the Central Newfoundland Gold Belt.
C2C Gold Corp. (CSE: CTOC; OTCQB: CTCGF) will start trading on the OTC under the new symbol CTCGF on March 30, 2021, changing from TAKUF. The company’s gold projects span 1,151 sq km in Newfoundland’s Central Gold Belt, consisting of the Badger, Millertown, and Barrens Lake projects. Active geological exploration is ongoing, focusing on gold-in-till anomalies and potential mineralization. The area has historic gold occurrences and significant drill results from other companies, enhancing its exploration status. C2C Gold holds substantial land with advantageous logistical access.
C2C Gold Corp. (OTCQB: TAKUF) has appointed Dr. Richard Goldfarb to its Board of Directors, effective immediately. With over 36 years of experience and recognition in the field of orogenic gold deposits, Dr. Goldfarb's expertise is anticipated to enhance the company's exploration efforts in Newfoundland's Central Gold Belt. He expressed enthusiasm for the opportunities in this underexplored region. C2C Gold has granted him 300,000 stock options at an exercise price of $0.16 per share, valid for three years, as part of his appointment.
C2C Gold Corp. (CSE: CTOC; OTCQB: TAKUF) has announced the acquisition of two new mineral licenses, comprising 186 claims over 46.5 sq km. This acquisition expands the company's land holdings to 1,151 sq km in the Central Newfoundland Gold Belt, positioning it as a major player in the area. C2C plans to compile data and identify targets for the 2021 exploration season, starting in May. The exploration will focus on soil sampling and geophysical studies to locate potential gold mineralization.