on AXCAP VENTURES INC. (CVE:AXCP)
Axcap Ventures Initiates PEA for Converse Gold Project in Nevada
Axcap Ventures Inc. (CSE:AXCP) has commenced a Preliminary Economic Assessment (PEA) for its Converse Gold Project in Nevada's Battle Mountain Trend. The process, set to conclude by Q2 2026, involves collaborations with SLR Consulting, Kappes Cassidy & Associates, and Sunstone Environmental. The work includes a 1,500-meter core drilling program and the relogging of historical data to enhance the geological model.
The company aims to release results from two remaining deep drill holes by end of October. CEO John Dorward expressed optimism regarding the project's potential, highlighting the company's robust funding and expertise to support the assessment and subsequent development phases.
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