Corporate Vision

Pancon's purpose is generating value through responsible exploration.

Pancon aims to be a leading gold and battery metals explorer and developer, focusing on commodity, geology, location, timing and people:

  • Developing Au & Ni-Cu-Co projects near producing or former mines in proven mining districts.
  • Projects in low-risk regions in North America with pro-mining local government, communities and excellent infrastructure.
  • Technical and management teams with demonstrated record of discoveries, development and value creation in the mining industry.

The Clean Energy Economy

Pancon believes our exploration work should be a positive catalyst for economic development, environmental stewardship and social responsibility.

  • Nanotechnology may impact demand for gold in the mid to long term as gold's role is growing in solar energy technologies.
  • Innovation trends in advanced battery technology require significantly more nickel content in today's batteries.
  • Because copper is a highly efficient conductor of electricity and heat, it is used in renewable energy systems to generate power from solar, hydro, thermal and wind energy across the world. 
  • Cobalt, primarily mined as a by-product of nickel and copper, is important as a key input for rechargeable batteries and thus electric vehicles.
    • A laptop computer contains approximately one ounce of cobalt, while an average electric car battery typically contains more than 30 pounds of cobalt.*
    • Global electric vehicle sales were about 2 million units in 2016, and annual sales are expected to grow to 20 million by 2020, and to 70 million per year by 2025.**

Source: * Bloomberg    ** International Energy Agency

Why Battery Metals in Ontario?

  • As a leading producer of nickel, copper and cobalt, Canada is primed to respond to the growing demand for commodities required in clean energy technologies.
  • Ni-Cu mines produce Co as by-product. Ontario hosts major Ni-Cu mining camps, i.e. Sudbury, Ontario.
  • Northern Ontario can be an emerging battery and energy metals district.
  • Ontario’s Montcalm Gabbro Complex is highly prospective and underexplored. 
  •  Pancon holds a camp-sized land position in low-risk area with excellent infrastructure and strong social license to operate. 

Why Gold in South Carolina?

  • The Carolina Slate Belt is a gold-rich strip that runs from Virginia, south through both North and South Carolina and ends up in Georgia. 
  • Numerous rivers and streams throughout this area contain placer gold deposits. 
  • Although most people knew of gold in the US as a result of the California Gold rush, the first gold discovery in the United States was in North Carolina within the Carolina Slate Belt. 
    • Gold was first discovered in the United States in 1799 in the Little Meadow Creek in Cabarrus County, North Carolina 
    • Most of the experienced gold miners who moved to California, during the California Gold rush had honed their skills mining areas along the Carolina Slate belt.
  • Following the first discovery, several other discoveries were made on the Carolina slate belt and thus developed several gold mines. 
  • Strategically located in the Carolina Slate Belt, the Jefferson Gold Project is on the northeastern edge of two former gold mines - Brewer and Ridgeway gold mines and 15 km from OceanaGold's producing Haile mine.