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pinecrest resources ltd (PCR) Snapshot

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52 Week High
09/26/13 - C$0.12
52 Week Low
03/3/14 - C$0.05
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pinecrest resources ltd (PCR) Details

Pinecrest Resources Ltd. is engaged in the acquisition, advancement, and development of precious mineral properties. It intends to explore and develop the Enchi gold project located in South West Ghana. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.

Founded in 2010

pinecrest resources ltd (PCR) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

pinecrest resources ltd (PCR) Key Developments

Pinecrest Resources Signs Letters of Intent to Acquire 100% Interest in the Enchi Gold Project, Ghana, West Africa

Pinecrest Resources Ltd. announced that the company has signed non-binding letters of intent with Red Back Mining Ghana Limited to acquire 100% of the legal and beneficial ownership of the Enchi Gold Project located in South West Ghana. The Project is currently the subject of a joint venture between Red Back (49% interest) and Edgewater (51% interest). Pinecrest to acquire a 100% interest in the logistically sound Enchi Gold Project, Ghana that hosts a NI 43-101 Inferred Resource of 768,000 ozs gold grading 1.15 g/t Au at a 0.7 g/t Au cut-off with resources open for expansion in all directions. Concurrently with the Enchi acquisition Pinecrest will complete a $3.0 million subscription receipt financing consisting of 15,000,000 units at $0.20/unit with a 2 year, full warrant at $0.30/warrant. Upon completion of the Transaction Pinecrest will have approximately 51.16 million shares issued and outstanding with Red Back owning a 19.9% equity interest in the Company. Pinecrest plans to complete a Phase 1 work program on the Project that will include additional metallurgical testing and the preparation of a Preliminary Economic Assessment to investigate the potential for utilizing low cost open pit mining and heap leaching on the current, near-surface gold resources. A Phase 2 work program would include additional drilling to expand gold resources on the Project.

Pinecrest Resources Ltd., Annual General Meeting, Jun 19, 2014

Pinecrest Resources Ltd., Annual General Meeting, Jun 19, 2014.

Pinecrest Resources Ltd., Annual General Meeting, Apr 24, 2014

Pinecrest Resources Ltd., Annual General Meeting, Apr 24, 2014. Location: Suite 3350, Four Bentall Centre, 1055.


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