Vancouver, British Columbia, July 3, 2019 - Pacton Gold Inc. is pleased to announce that, further to its news release of June 7, 2019, it has closed the final tranche of its financing. In total, the Company sold 35,400,000 common shares at a price of $0.10 per share and 166,667 common shares at a price of $0.12 per share for total gross proceeds of [...]
Pacton Gold Inc. is pleased to announce the first tranche closing of a non-flow-through offering of 17,305,000 common shares for total gross proceeds of $1,730,500 and the first tranche closing of a flow-through offering of 8,333,000 flow-through common shares for total gross proceeds of $999,960. The FT offering includes a continued investment [...]
Pacton Gold Inc. is pleased to announce that field crews have mobilized for the 2019 Exploration Program at the Company's Red Lake gold project in Ontario, Canada. Initial activities, including prospect-scale mapping and sampling, will focus on two key areas: Carricona and Boyden. Previous work on these high-priority targets includes trenches, pits [...]
Pacton Gold Inc. is pleased to announce that field crews have mobilized for the 2019 Exploration Program at the Company's Red Lake gold project in Ontario, Canada. Initial activities, including prospect-scale mapping and sampling, will focus on two key areas: Carricona and Boyden. Previous work on these high-priority targets includes trenches, pits [...]
Pacton Gold Inc. is pleased to announce the completion of a high resolution airborne magnetic survey at Pacton's Red Lake property in Ontario. A total of 2,957 line kilometers at a 50 meter line spacing was flown by Prospectair of Gatineau, Quebec. Initial survey results indicate multiple areas of interest in the form of prominent linear structures [...]
Pacton Gold Inc. is pleased to announce that the initial field work program at the Tardarinna Gold Project in Pilbara, Western Australia, has commenced. Exploration is focused on high-grade, at surface, visible gold mineralization in the unusual "Tardarinna" metagabbro that contains a mineralized shear zone along 1 km of known strike. Prior work [...]
Pacton Gold Inc. is pleased to announce that it has entered into an agreement with Larry Herbert to acquire 100% ownership of additional mineral claims in the Red Lake District, Ontario . The claims are located contiguous and to the northwest of Pacton's current landholdings in the prolific Balmer Assemblage and increase the Company's land package [...]
Pacton Gold Inc. is pleased to announce the commencement of initial field work at Pacton's Yandicoogina Project, where historical results from surface sampling have reported up to 199.7 g/t Au. The work program is targeting high-grade, shear-hosted gold within a number of mineralization settings and will use rock chip sampling and mapping to [...]
Pacton Gold Inc. is pleased to announce that it has entered into a binding letter of intent to acquire a 100% interest in the Tardarinna Gold Project. The acquisition of this strategic and prospective property, significantly enhances Pacton's exposure to high-grade, shear-hosted gold within the Pilbara in Western Australia. Exploration targeting [...]
VANCOUVER, Feb. 28, 2019 /CNW/ - Pacton Gold Inc. is pleased to announce its participation in the following events in March: Redcloud Pre-PDAC Mining Showcase, Metals Investor Forum and PDAC 2019 convention in Toronto, Canada. Redcloud Pre-PDAC Mining Showcase Event Details Date and Time: Friday, March 1, 2019 Location: Omni King Edward Hotel, 37 [...]
Pacton Gold Inc. is pleased to announce that, following the compilation of data from prior work programs on its Red Lake gold property in Ontario, it has added significant historic, high-grade gold results to its exploration database. Numerous high-grade gold occurrences occur on the property, including historical surface samples with values of 133 [...]
Pacton Gold Inc. is pleased to announce that it has entered into an acquisition agreement with Frontline Gold Corp. to acquire additional mineral claims in the Red Lake District, Ontario . These additional mineral claims are located contiguous and to the north of Pacton's current landholdings and extend to within 3 km of Goldcorp's newest #3 [...]