VANCOUVER, Feb. 21, 2019 /CNW/ - Pacton Gold Inc. is pleased to announce it has been awarded Top 50 status by the TSX-Venture Exchange . The award is part of the annual ranking of top-performing companies on the TSX during the prior year. Each year, the TSX Venture 50TM ranking showcases listed companies that have shown notable results in key [...]
Pacton Gold Inc. is pleased to announce that it has entered into an acquisition agreement to purchase additional mineral claims in the Red Lake District, Ontario . The Property is comprised of 17 mineral claims which will increase Pacton's land position to approximately 15,300 Ha. Pacton's Red Lake mineral claims are strategically located between [...]
VANCOUVER, Jan. 31, 2019 /CNW/ - Pacton Gold Inc. is pleased to announce that it has commenced a high-resolution heliborne magnetic survey over Pacton's claims in Red Lake, Ontario . This is the initial step in order to prioritize upcoming drill targets as part of an aggressive exploration strategy going forward in this prospective area. Pacton Red [...]
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 . The Property is comprised of 88 mineral claims totaling 1,760 Ha. Under the terms of the agreement, Pacton will purchase 100% of the Property by issuing [...]
Pacton Gold Inc. is pleased to announce that it has finalized initial 2019 exploration plans for three of its Pilbara orogenic and conglomerate gold projects in Western Australia. Highlights: Boodalyerrie multiple km of high grade vein and stockwork systems. Egina high grade bedrock gold + sampling extensive overlying alluvial gravels. Nullagine [...]
Pacton Gold Inc. is pleased to announce the closing of a flow-through private placement of 5,881,470 flow-through common shares for total gross proceeds of $2,058,515. The lead order is for $1,998,500 from Sprott Asset Management L.P. as sub-advisor for NINEPOINT 2018-II FT LP, who subscribed for 5,710,000 FT Shares. The gross proceeds from the [...]
Pacton Gold Inc. is pleased to provide a brief corporate update on the Company's Pilbara Gold strategy and plans going forward into 2019. Throughout 2018, Pacton strived to build a premium land package of the most promising gold prospects throughout the Pilbara basin of NW Australia. The Pacton team believes the Company's strategy has been highly [...]
Pacton Gold Inc. is pleased to announce that further to its news release of October 11, 2018, it has entered into a Tenement Sale and Purchase Agreement to acquire a 70% equity interest in the Hong Kong project from Clancy Exploration Ltd , an Australian Securities Exchange Listed exploration company. The Hong Kong Project consists of a single [...]
Pacton Gold Inc. is pleased to announce that it has scheduled a helicopter and ground supported rock chip sampling and detailed geological mapping program on its 62 km2 Boodalyerrie tenement . Boodalyerrie is located 85 km northeast of the town of Nullagine, and Novo Resources Corp.'s Beatons Creek project. . Highlights of exploration undertaken [...]
Pacton Gold Inc. is pleased to announce closing of the Golden Palms property acquisition agreement. . The Golden Palms project is strategically significant in that it extends Pacton's adjacent Friendly Creek and Hong Kong tenements northward and westward to join Novo Resources Corp.'s Egina project. . . Under the terms of the Golden Palms [...]
Pacton Gold Inc. is pleased to announce that Dale Ginn has been appointed Executive Chairman of the Board and a director of the Company. Dominic Verdejo has resigned as Chairman and director. The Company wishes to thank Mr. Verdejo for his service to the Company and wishes him well in his future endeavors. Mr. Ginn is an experienced mining [...]
Pacton Gold Inc. is pleased to announce that it has entered into a definitive agreement to acquire the conglomerate gold rights of Calidus Resources Ltd. in both the Marble Bar sub-basin, and the Northeast Pilbara sub-basin of Western Australia's Pilbara craton. . Subject to TSX Venture Exchange acceptance, the conglomerate gold rights will be [...]