Pacton Appoints VP Exploration

Rhea-AI Summary

Pacton Gold Inc. has appointed Karly Oliver, P.Geo., as Vice President Exploration, strengthening its leadership in the Red Lake region's gold exploration. With over a decade of experience and prior roles at New Gold Inc., Oliver will leverage her expertise as the company progresses towards upcoming drilling programs. Interim President and CEO Nav Dhaliwal expressed confidence in Oliver's knowledge and its significance for the company's future. Pacton Gold focuses on high-grade gold properties in both Ontario and Western Australia.

Positive

• Karly Oliver, with over a decade of experience, brings valuable expertise to Pacton as VP Exploration.
• Successful drilling has been completed at both Red Lake projects, indicating progress in exploration.

Negative

• Concerns around continuity as a new leadership role is filled.
• Potential experience gaps may arise due to changes in management.

VANCOUVER, BC / ACCESSWIRE / October 5, 2021 / Pacton Gold Inc. (TSXV:PAC)(OTC PINK:PACXF)(FSE:2NKN) (the "Company" or "Pacton") 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.

Nav Dhaliwal, Interim President and CEO of Pacton, commented, "We are very pleased that Karly Oliver has accepted the role of VP Exploration. We have just completed successful drilling at both of our projects in the Red Lake gold rush and are now entering a crucial planning phase in the run up to our next programs. Karly's unrivalled knowledge of the projects and her deep understanding of Red Lake geology will be of great value to Pacton as we move forward."

Karly Oliver, P. Geo. has previously worked with New Gold Inc.'s corporate exploration group where she coordinated exploration programs and mineral resource delineation projects across North America. Ms. Oliver acts as a technical consultant for several publicly listed exploration companies exploring for and advancing gold projects in Canada and internationally. She a Professional Geoscientist in British Columbia and holds a Bachelor of Science in Earth and Ocean Sciences from the University of British Columbia and a Geographic Information Systems Applications Specialist Graduate Certificate from Sir Sandford Fleming College.

About Pacton Gold
Pacton Gold is a Canadian exploration company with key strategic partners focused on the exploration and development of high-grade gold properties located in the Red Lake gold rush in Ontario, Canada. The Company also owns a strategic portfolio of prospective projects in the district-scale Pilbara gold rush in Western Australia.

On Behalf of the Board of Pacton Gold Inc.
Nav Dhaliwal
Interim President and CEO

For more information, please contact 1-(855)-584-0258 or info@pactongold.com.

This news release may contain or refer to forward-looking information based on current expectations, including, but not limited to the Company achieving success in exploring its properties and the impact on the Company of these events, including the effect on its share price. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances. References to other issuers with nearby projects is for information purposes only and there are no assurances the Company will achieve similar results.

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.

SOURCE: Pacton Gold

View source version on accesswire.com:
https://www.accesswire.com/666789/Pacton-Appoints-VP-Exploration

FAQ

Who is Karly Oliver and what experience does she bring to Pacton Gold (PACXF)?

Karly Oliver is the newly appointed Vice President Exploration at Pacton Gold. She has over ten years of experience in the exploration and mining industry, previously working with New Gold Inc. and serving as a consultant for various exploration companies.

What are the expected impacts of Karly Oliver's appointment on Pacton Gold's future?

Karly Oliver's appointment is expected to enhance Pacton Gold's exploration efforts in the Red Lake region, particularly as the company enters a crucial planning phase for upcoming drilling programs.

What recent drilling success has Pacton Gold reported?

Pacton Gold has reported successful drilling at both of its projects in the Red Lake gold rush, marking a significant achievement as they prepare for future exploration activities.