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duncastle gold corp (DUN) Snapshot

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04/23/13 - C$0.05
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duncastle gold corp (DUN) Details

Duncastle Gold Corp. engages in the acquisition, exploration, and development of natural resource properties in British Columbia, Canada. It primarily explores for gold, copper, molybdenum, tungsten, silver, lead, zinc, and base metals deposits. The company holds an option to acquire a 100% interest in the Porphyry Creek property consisting of 42 mineral claims located in the Omineca Mining District, British Columbia, Canada. It also holds a 100% interest in the Drayton property consisting of 7 mining claims located in the Drayton Township in Ontario, Canada. The company was incorporated in 2006 and is headquartered in Vancouver, Canada.

Founded in 2006

duncastle gold corp (DUN) Top Compensated Officers

President and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

duncastle gold corp (DUN) Key Developments

Duncastle Appoints Brian Cloney to Board

Duncastle Gold Corp. announced that it has appointed Brian Cloney, CA, to the Duncastle Board of Directors. Brian Cloney, CA, ACC (Audit Committee Certified) has practiced private and public accounting for over 35 years. Currently he is the principal of BMC Institutional Services which provides financial management and corporate governance services in the Toronto area. Mr. Cloney is Chairman and CEO of NWT Copper Mines Ltd. and is a Director of Tartisan Resources Corp. where he is also Chairman of the Audit Committee and serves as a member of the Compensation Committee and Corporate Governance Committee.

Duncastle Gold Corp. Provides Black Lake Exploration Update

Duncastle Gold Corp. released results of a geo-referencing and sampling program that was conducted on the 1,904 hectare Black Lake property over a three week period in June 2013 and included location and sampling of several of the historic prospects. A total of 14 rock chip samples were collected and submitted for analysis. Seven of fourteen samples returned anomalous values ranging from 0.7g/t gold to 4.6g/t gold. The samples were collected from the area of the historic Moretti showing northwest on the property and a series of gold-quartz veins and mineralized schists exposed to the south of Black Lake. Since acquisition the Company has undertaken a comprehensive review of the historical work on the project as part of target development work to guide future exploration on the property. Thirteen different mineral occurrences located on or around the property were reviewed and prioritized for follow-up exploration. Historically, two types of gold mineralization have been identified on the property: Shear-hosted gold-bearing quartz-carbonate veins (Red Lake style); and Intrusion-hosted disseminated gold mineralization (Timmins style). Duncastle's primary target type is the shear-hosted gold-quartz vein occurrences which occur within a series of northeast-trending deformation zones that transect the stratigraphy over an approximate six-kilometre strike-length. The Moretti occurrence is the most historically significant target on the property and comprises quartz-chlorite-carbonate veins exposed in outcrop and historic trenches over a 300 metre strike-length. Historic work from the area returned numerous select chip and grab samples grading between 20g/t gold and 1,212g/t gold and several bulk samples including a 8,063kg sample averaging 14.1g/t gold and a second 4,087kg sample, collected from trenches over 100 metres away, which averaged 18.6g/t gold (historical results not independently verified by Duncastle).

Mineral Mountain Resources Ltd. Announces Termination of Pipestone Agreement Duncastle Gold Corp

Mineral Mountain Resources Ltd. announced that Duncastle Gold Corp. has terminated, by mutual agreement with the company, the letter of understanding for the Pipestone property announced in a joint news release dated November 13, 2012. Duncastle has returned the Pipestone property to the company.


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