Pacton Gold Rg
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05/12/2018
VANCOUVER, Dec. 5, 2018 /PRNewswire/ - Pacton Gold Inc. (TSXV: PAC, OTC: PACXF, FSE: 2NKN) (the "Company" or "Pacton") 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 successful to date on securing the most economical and accessible gold deposits in the region. This was a primary objective of our team in our effort to meet the expectations of major stakeholders and for all of Pacton's investors. This objective continues to be a key part of the Pacton strategy going forward into 2019.
As a result of the Company's success in implementing its strategy over the past year, Pacton is now ready to commence the next phase of its corporate growth plan. Pacton is determined to become a premier player in the exploration, discovery and production of Pilbara gold from all prospective and licensed tenements. This requires Pacton to grow its team and attain further expertise in the areas of jurisdictional regulations, native issues and existing infrastructural opportunities.
Pacton is pleased to announce that Johnathon Campbell has been appointed Field Logistics Manager of the Company. Mr. Campbell has worked in the mining industry for over 18 years for some of Australia's leading miners. He has held roles with companies such as BHP, Newmont and Anglo Ashanti and is most well-known for his discovery and pegging of leases that started what is now known as the Pilbara gold rush. Pacton is confident that Mr. Campbell will bring his local expertise to the team, further enhancing the Company's effectiveness in meeting its commitments to shareholders and its strategic goals throughout the Pilbara.
"Securing the services of Johnathan will enhance Pacton's ability to execute its future exploration programs in the Pilbara. Johnathan's considerable experience in the mining industry and his understanding of native title issues in the Pilbara will benefit Pacton significantly. The Board of Pacton welcomes Johnathon to Pacton's management team and looks forward to further developments with his participation as a leader in an official capacity. He has been integral in putting the Pilbara gold story on the map and his knowledge of the Pilbara region will resonate positively with the members of the Pacton team," stated Alec Pismiris, Interim President and CEO.
About Pacton Gold
Pacton Gold is a well-financed Canadian explorer with key strategic partners focused on the exploration and development of high grade conglomerate and orogenic gold properties located in the district-scale Pilbara gold rush in Western Australia.
On Behalf of the Board of Pacton Gold Inc.
Alec Pismiris
Interim President & CEO
Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
View original content to download multimedia:http://www.prnewswire.com/news-releases/...ics-manager-300760723.html
SOURCE Pacton Gold Inc.
VANCOUVER , Jan. 24, 2019 /CNW/ - Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the "Company" or "Pacton") 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.
Mehr bei https://finance.yahoo.com/news/...pilbara-153000267.html?guccounter=1
Under the terms of the agreement, Pacton will purchase 100% of the Property by issuing 192,310 common shares on receipt of TSX Venture Exchange acceptance to the transaction. The Property is subject to net smelter return royalties totaling 2.25%. The Company has the option to buy back a portion of the royalties for $250,000.
The transaction is subject to the acceptance of the TSX Venture Exchange.
Quelle: https://finance.yahoo.com/news/...acquires-more-ground-193000748.html
VANCOUVER , Jan. 31, 2019 /CNW/ - Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the "Company" or "Pacton") is pleased to announce that it has commenced a high-resolution heliborne magnetic survey over Pacton's claims in Red Lake, Ontario (Figure 1). 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.
Completion of heliborne magnetic survey to identify high priority D2 structures in the Red Lake district
Surface programs to commence on both geological and geophysical targets in 2019
Geologically and structurally similar to Great Bear's Dixie Project
Pacton's mineral claims are strategically located between Pure Gold's Madsen property including the Wedge Zone and Great Bear Resource's Dixie discovery. Recent drill results from Great Bear Resources (GBR.V) reported 190.78 g/t Au over 5.90 meters including 1,600 g/t Au over a drill width of 0.7 meters in the Hinge Zone (see Great Bear Resources press release dated January 16, 2019 ). Pacton's Red Lake property geology is similar to the geology that hosts the high-grade discoveries at the Dixie project and Pacton will be using the geophysical data to focus on D2 structures that are proposed to have significant control on gold deposits in the Confederation Assemblage (Figure 2)
Quelle: https://finance.yahoo.com/news/...s-heliborne-magnetic-081500210.html
Quelle: https://www.stockwatch.com/News/...714424&symbol=PAC®ion=C
Übersetzt mit www.DeepL.com/Translator
Pacton's Red Lake mineral claims are strategically located between Pure Gold's Madsen property, including the Wedge Zone, and Great Bear Resource's Dixie discovery. Pacton's Red Lake project has similar host-geology and gold controlling D2 structures that also characterize the high-grade discoveries at the Dixie Project. A detailed helicopter magnetics survey is underway to identify D2 structures that are proposed to have significant control on gold mineralization in the Confederation Assemblage as observed in recent drilling results from Great Bear Resources Dixie Project.
Pacton Gold is currently compiling historical data and formulating plans for exploration work in 2019 to advance the project.
Under the terms of the agreement, Pacton will purchase 100% of the Property by paying $15,000 and issuing 75,000 common shares. The Property is subject to a net smelter return royalties of 2%, half of which the Company has the option to buy back for $200,000 .
The transaction is subject to the acceptance of the TSX Venture Exchange.
Quelle: https://finance.yahoo.com/news/...osition-120000160.html?guccounter=1
Each year, the TSX Venture 50TM ranking showcases listed companies that have shown notable results in key measures of market performance. The companies included in the 2019 TSX Venture 50 were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.
Dale Ginn , Executive Chairman of Pacton, commented, "We are grateful to our shareholders and to the TSX Venture for the recognition as a Top 50 company. During the past year we have aggressively established ourselves in two of the most promising gold exploration districts in the world, namely Western Australia and Red Lake, Ontario . This year's focus will be on actively exploring our projects for high grade gold and we anticipate that Pacton Gold will continue to be one of the most active gold explorers on the Venture Exchange during 2019 and beyond."
Pacton Gold is featured in a TSX Venture 50 video available at https://www.youtube.com/watch?v=w4ydcy3sZv8&feature=youtu.be
Quelle: https://sg.finance.yahoo.com/news/...eives-tsx-venture-140200347.html