Pacton Mobilizes Drill Crews at Red Lake Gold Project, Ontario
Vancouver, British Columbia - TheNewswire - October 10, 2019 - Pacton Gold Inc. (TSXV:PAC) (OTC:PACXF) (the "Company" or "Pacton") is pleased to announce that drill crews and equipment have mobilized to Pacton's Red Lake Gold project in northwest Ontario. A number of high-priority targets have been identified within the Madsen-Dixie fault corridor - a 50 km long multi-fault zone that transects Pacton's Red Lake property (Figure 1). The Company has budgeted 10,000 meters of drilling at the project and will continue exploration activities to continue into 2020.
Figure 1. Pacton Gold's Red Lake Gold Project claim map showing other active projects and the Madsen-Dixie fault corridor.
Pacton Gold is a Canadian exploration company 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 and the Red Lake District, Ontario.
The technical content of this news release has been reviewed and approved by Dale Ginn, P.Geo., Executive Chairman and a director of the Company and a Qualified Person pursuant to National Instrument 43-101.
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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.
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