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1844 Resources Inc V.EFF

Alternate Symbol(s):  EFRSF

Metals & Mining Copper
1844 Resources Inc. is a Canada-based exploration company with a focus on the metals and underexplored regions Gaspe, Nunavik, Quebec. The principal business of the Company is the identification, exploration, and development of mineral properties. Its projects include Vortex, Davidson, Native Copper, Lac Arsenault, and Lac Crystal. The Vortex project is a copper molybdenum exploration opportunity in the Gaspe region of Quebec and is the site of the former Gaspe Copper mine and smelter. The Davidson project is situated in the Chibougamau Region and is part of a 50/50% Joint Venture with J.A MacLeod Exploration. The Native Copper Project, situated west of the Municipality of Chandler, Quebec, is composed of 4 sectors Native Copper South, North-West, North-East and Central and has nine known indicators: Ruisseau Bleu, T.Nelson 1 and 2, Riviere St-Jean South, Route 102 S-W, Jean-Baptiste Beaudin, Ruisseau Cantin, Fer a Cheval 1 and 2, and Triangle d'Argent.


TSXV:EFF - Post by User

1844 Resources Inc
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Post by knoxton Sep 09, 2021 2:17pm
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Post# 33834458

news

news
 
- Click icon to view Analyst Opinions.   - Target Price or Analyst Rating was updated in the last 24 hrs.     
1844 Resources Up 11.1% after Reporting Deal to Buy Lac Crystal Property in Gaspe Peninsula

 

09 Sep 202111:17 ET  

 

11:17 AM EDT, 09/09/2021 (MT Newswires) -- 1844 Resources Inc. (EFF.V) on Thursday edged up 11.1% on last look after reporting a deal to buy a 100% undivided interest in 12 claims in the Northern portion of the Gaspe Peninsula from Daniel Lepage and Eric Bariault, both residents of the Gaspe Peninsula.

The Lac Crystal Project was initially comprised of 12 claims, but the company has also bought an additional 32 claims surrounding the project.

As consideration, 1844 agreed to issue 975,000 common shares in the name of the vendor Daniel Lepage as well as a 2% net smelter returns royalty, 1% of which may be retired for a one-time payment of $500,000.

Price: 0.10, Change: +0.01, Percent Change: +11.11

MT Newswires Click for Restrictions.

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