on AXCAP VENTURES INC. (CVE:AXCP)
Roxmore Resources Expands Land at Converse Gold Project by 70%
Roxmore Resources Inc., formerly known as Axcap Ventures Inc., has increased its landholdings at the Converse Gold Project by 70%. Located in Nevada's Battle Mountain - Eureka Trend, the expansion now encompasses 13,257 acres, up from 7,784 acres. This growth is due to additional claim staking and private land acquisitions.
This move enhances the flexibility for future project development and infrastructure layout. John Dorward, Executive Chairman, highlighted the strategic benefits of the expansion, particularly on the western boundary. The cost for this expansion reached approximately US$700,000.
Upcoming developments include drilling results and the release of the Preliminary Economic Assessment (PEA) expected in Q2 2026. These land additions pave the way for further resource development and infrastructure efficiency in the region.
R. H.
Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all AXCAP VENTURES INC. news