Pacton Gold Inc. is pleased to provide an exploration update at its ongoing 10,000 m drill program and outline plans for the use of proceeds from recent, successful financing at the Red Lake Project, Ontario . Drill Program Highlights Ahead of Schedule: The fully funded 10,000 m drill program is well underway and ahead of schedule with [...]
Pacton Gold Inc. , , is pleased to announce that further to its news releases of March 11, 2022 and April 4, 2022, it has closed the final tranche of its private placement. The Company issued 250,000 flow-through common shares at $0.36 per FT Share for total proceeds of $90,000 and 4,580,000 non flow-through common shares at $0.30 per NFT Share for [...]
Pacton Gold Inc. is pleased to announce that, further to its news releases of March 11, 2022, it has closed the flow-through portion of its private placement. The Company issued 8,333,333 flow-through shares at $0.36 per FT Share for total proceeds of $3,000,000. The gross proceeds from the issuance of the FT Shares will be used for Canadian [...]
Pacton Gold Inc. is pleased to announce that it has arranged, subject to regulatory approval, a private placement of 7,142,857 flow-through shares at $0.42 per FT Share for total gross proceeds of $3,000,000 and 3,333,333 non flow-through shares at $0.30 per NFT Share for total gross proceeds of $1,000,000. The gross proceeds from the issuance of [...]
Pacton Gold Inc. is pleased to announce that drill equipment and crews have mobilized to the Red Lake Gold Project and have commenced drilling on the 10,000 m campaign. This campaign is the third drill program conducted by Pacton in Red Lake, ON and will focus on four key target areas not yet drill tested by the Company . The exploration program [...]
Pacton Gold Inc. is pleased to announce details and targets for the upcoming 10,000 m drill program at its Red Lake Gold Project in Ontario. Drilling will focus on advanced targets in the Boyden West, Carricona, Claremont, and Keg target areas . The program is scheduled to begin late February and follows recently completed surface exploration [...]
Pacton Gold Inc. is pleased to report assay results from soil sampling have returned strongly anomalous gold values in multiple areas of its Red Lake and Gullrock properties. Soil sampling throughout the summer of 2021 has added over 7200 assays to Pacton's database, forming a robust grid of geochemical data over the Red Lake and Gullrock [...]
Pacton Gold Inc. is pleased to announce that it is increasing the recently announced 10,000 m drill program at its Red Lake Gold Project . Ongoing analysis of results from the recent surface exploration program highlight multiple new gold targets in the Claremont area. The property is adjacent to Great Bear's Dixie Project, and results from [...]
Pacton Gold Inc. is pleased to announce a fully funded 10,000 m winter drill program at the Red Lake Gold Project. The program will focus on targets generated during the 2021 surface program, completed in September 2021, and reconnaissance drilling carried out during 2020/21. Targets include the newly identified Claremont gold system , where Pacton [...]
Pacton Gold Inc. is pleased to announce that it has closed a private placement of 3,718,180 flow-through shares at $0.55 per FT Share for total gross proceeds of $2,044,999. The gross proceeds from the issuance of the FT Shares will be used for Canadian Exploration Expenses and will qualify as "flow-through mining expenditures", as defined in [...]
Pacton Gold Inc. is pleased to announce the discovery of a new gold bearing system at its Red Lake Project in Red Lake, Ontario. The new mineralized gold trend in the Claremont target area extends for approximately 2 km . Recent outcrop sampling on the trend has returned widespread mineralization at and near surface that includes continuous zones [...]
Pacton Gold Inc. is pleased to announce that it has appointed senior geologist, Karly Oliver, P.Geo., as Vice President Exploration. Ms. Oliver is a professional geologist with more than a decade of experience in the exploration and mining industry. She is a current director of Pacton Gold and has an in-depth understanding of the Red Lake region [...]
