Pacton Gold Inc. is pleased to announce that drilling has intersected gold over a 600 m strike length on a newly identified gold trend. The Faulkenham gold trend consists of near surface mineralization approximately 140 m from the claim boundary with PureGold's Madsen Mine project and will be prioritized for follow up during the next drill program [...]
Pacton Gold Inc. is pleased to announce assays from Phase II of the 18-hole winter drill program at the Sidace project in Red Lake, Ontario. Drilling intercepted mineralization in 7 out of 8 holes and, of particular note, extended the Upper Duck zone down plunge, as well as along strike in multiple horizons including 20.6 g/t Au over 1.0 m. These [...]
Pacton Gold Inc. is pleased to announce that field crews have mobilized to its Red Lake Gold project and the summer 2021 surface program is now underway. The Company is undertaking a comprehensive exploration program at the 28,000 ha project, including soil and till sampling, prospecting and outcrop stripping . Results from the surface program will [...]
Pacton Gold Inc. is pleased to announce that it has entered into an agreement to vend the remaining 25% interest it holds in three of its properties within its Western Australian Pilbara portfolio. The Company has entered into an asset sale agreement with Pilbara Gold Corporation Pty Ltd and Raiden Resources Limited, whereby PGC agrees to purchase [...]
Pacton Gold Inc. is pleased to announce it has completed its winter drill programs at its Sidace and Red Lake gold projects in the Red Lake gold district in Ontario, Canada. Drill core samples from both programs have been submitted to the lab for analysis and assays are pending. The Company is now planning a comprehensive follow up exploration [...]
Pacton Gold Inc. announces that further to its news release of October 13, 2020, it has completed an agreement to vend 75% of three of its properties within its Western Australian Pilbara portfolio to Raiden Resources Limited, an Australian Stock Exchange listed company . All conditions precedent including provision of signed transfers, all mining [...]
Pacton Gold Inc. is pleased to announce it has received final data from PureGold for the 2D seismic survey that was completed at its Red Lake Gold project . The 2D seismic survey, which included 13 km of seismic line data over Pacton's claims, was designed and initiated by PureGold Mining Inc. . The survey goal was to define extensions of [...]
Pacton Gold Inc. is pleased to announce Phase I drill results at the Sidace project in Red Lake, Ontario. All nine holes intercepted gold mineralization and, of note, the Main Zone has been extended in all directions . The results comprise high-grade gold mineralization, including 9.0 g/t Au over 2.3 m and widespread gold mineralization, including [...]
Pacton Gold Inc. is pleased to provide an overview of upcoming exploration activity at its Red Lake and Sidace gold projects in the Red Lake gold district in Ontario, Canada. Drilling commenced at both projects in Q4, 2020 with 10,000 m and 11,500 m programs respectively, and the Company is currently preparing for the following activity: 2021 Red [...]
Pacton Gold Inc. is pleased to announce that it has closed its private placement of 2,010,000 flow-through shares at $1.00 per FT Share for total gross proceeds of $2,010,000 and its private placement of 1,807,778 units at $0.90 per Unit for total gross proceeds of $1,627,000 . Each Unit consists of one common share of the Company and one [...]
Pacton Gold Inc. is pleased to announce the results from its 2020 Annual General Meeting , held on December 15, 2020. Shareholders voted in favour of all items of business before the Meeting, including appointment and remuneration of auditors and approval of the Company's stock option plan. All directors proposed by management were elected at the [...]
Pacton Gold Inc. is pleased to announce that it has arranged, subject to regulatory approval, a private placement of 2,000,000 flow-through shares at $1.00 per FT Share for total gross proceeds of $2,000,000 and a private placement of 1,111,111 units at $0.90 per Unit for total gross proceeds of $1,000,000 . Each Unit consists of one common share [...]
