PACXF - PACXF STOCK NEWS

Pacton Gold Inc. (OTC PINK:PACXF) has updated its engagement with First Nations at its Red Lake project. Positive relationships have been established with Lac Seul and Wabauskang, with preliminary discussions initiated with Grassy Narrows First Nations. Key commitments include conservation efforts and an exploration moratorium in significant areas. The project, spanning 28,000 hectares, has shown promising exploration results, including high-grade gold samples such as 126.5 g/t Au and 17.5 g/t Au from drilling. The company emphasizes transparent communication and partnership with indigenous communities.

Pacton Gold Inc. (PACXF) has announced progress on its ongoing 10,000 m drill program at the Red Lake Project in Ontario, reporting that approximately 4,000 m has been drilled ahead of schedule. The company has submitted 2,825 samples for assay, with results expected in about two months. Funding from a recent financing will support further exploration, including a significant summer surface campaign aimed at target generation across the region. The Red Lake Project spans 28,000 ha and has shown promising high-grade surface samples.

Pacton Gold Inc. (OTC:PACXF) announced the closure of the final tranche of its private placement on April 6, 2022. The company issued 250,000 flow-through common shares at $0.36 each, raising $90,000, and 4,580,000 non flow-through common shares at $0.30 each, totaling $1,374,000. Proceeds from the flow-through shares will support Canadian exploration expenses, while those from non flow-through shares will be allocated to general working capital. The offering included a finder's fee of $5,400 in cash and 33,000 warrants for additional financing. All securities are subject to a hold period until August 7, 2022.

Pacton Gold Inc. has closed a flow-through private placement, issuing 8,333,333 shares at $0.36 each, raising $3,000,000. The proceeds are designated for Canadian Exploration Expenses, qualifying as flow-through mining expenditures under the Income Tax Act of Canada. All securities are subject to a statutory hold until July 31, 2022. Pacton Gold is an exploration company focused on high-grade gold properties in Ontario's Red Lake region and the Pilbara region in Western Australia.

Pacton Gold Inc. has announced a private placement of 7,142,857 flow-through shares at $0.42 and 3,333,333 non flow-through shares at $0.30, aiming to raise a total of $4 million. The gross proceeds from flow-through shares, amounting to $3 million, will fund Canadian exploration expenses, while proceeds from non flow-through shares will support general working capital. The deal is pending regulatory approval from the TSX Venture Exchange.

Pacton Gold Inc. has mobilized drill equipment and crews to the Red Lake Gold Project, initiating a 10,000 m drilling campaign targeting four key areas that have not been previously tested. This marks the third drilling program in Red Lake, Ontario, following successful exploration efforts. High-grade surface samples recorded include 126.5 g/t Au and 23.3 g/t Au, while drilling has previously achieved 17.5 g/t Au over a 0.5 m interval. The project spans 28,000 ha and is strategically located near significant gold production sites.

Pacton Gold Inc. (TSXV:PAC, OTC PINK:PACXF) announced a 10,000 m drill program at its Red Lake Gold Project in Ontario, set to start in late February 2022. The program aims to explore four main target areas: Boyden West, Carricona, Claremont, and Keg, with a total of 22 holes planned. The project covers 28,000 ha and lies close to notable production mines, boasting high-grade surface samples up to 126.5 g/t Au. Interim CEO Nav Dhaliwal expressed optimism about the quality of the drill targets and their potential for gold mineralization.

Pacton Gold Inc. has announced significant assay results from its soil sampling at the Red Lake and Gullrock properties, revealing strong gold anomalies. With over 7,200 assays collected, several priority targets for drilling have been identified, including Keg, Claremont, Carricona, and Boyden West. Notably, the Keg target shows historic drilling results of up to 5.9 g/t Au. The company's exploration strategy aims to further evaluate these targets throughout 2022, enhancing its potential in the Red Lake gold region.

Pacton Gold Inc. has announced an expansion of its upcoming drill program at the Red Lake Gold Project to explore new gold targets in the Claremont area. The drilling will begin in February 2022, following promising results from recent surface explorations that identified multiple gold anomalies. This project is strategically located near Great Bear's Dixie Project, with geological similarities enhancing its potential. High-grade samples from previous explorations have reported values up to 126.5 g/t Au.