Vancouver - Pacton Gold Inc. (TSXV: PAC, OTC: PACXF, FSE: 2NKN) (the 'Company' or 'Pacton') is pleased to provide an overview of upcoming exploration activity at its Red Lake and Sidace gold projects in the Red Lake gold district in Ontario, Canada.
Drilling commenced at both projects in Q4, 2020 with 10,000 m and 11,500 m programs respectively, and the Company is currently preparing for the following activity: 2021 Red Lake Project Exploration
Phase I Drilling. Completion of ongoing 10,000 m greenfield drill program. Assays from initial holes are pending.
Phase II Target Development. Analyze 2020 geophysics and sampling data (expected to be received in Q1 2021). Commence property-wide surface exploration program with particular focus on anomalies identified by surveys during 2020.
Phase II Drilling. Undertake follow up drilling based on new target development and the results of Phase I drilling.
2021 Sidace Project (Red Lake) Exploration
Phase II Drilling. Commence drill testing of western extension of Upper Duck and Main Discovery zones.
Phase III Drilling. Commence drill testing of northeast plunging mineralization at the Anderson zone.
Analysis and Evaluate Follow up Drilling. Evaluate results of 2020/2021 drilling and develop next phase of exploration.
Nav Dhaliwal, Interim President and CEO for Pacton, commented, 'During 2021, Pacton will continue accelerating exploration activity at our greenfield and our advanced gold exploration projects in Ontario's Red Lake gold rush. We currently have two drill rigs in operation and are awaiting assays from initial holes, as well as final results from multiple surveys. All of this anticipated data will be key as we look to finalize the next round of drill targets for follow up in the coming months.'
About the Red Lake Project
The Red Lake exploration project, located in Red Lake, Ontario, comprises 28,000 ha. The project is adjacent and proximal to past, current and near-term production mines, and is also adjacent and on trend to Great Bear's Dixie discovery. Exploration to date includes successful 1st pass sampling, surveys and drilling. High-grade surface samples include 126.5 g/t Au and 23.3 g/t Au and 1st pass reconnaissance drilling has hit 17.5 g/t Au over a 0.5 m interval. The project also includes regional properties such as Gullrock, Pakwash, Dixie, Golden Loon, and Swain.
About the Sidace Project
The Sidace property is located 28 km northeast of the town of Red Lake, at the northern extent of the Red Lake Greenstone belt. The project is an advanced gold project with three distinct zones of mineralization and more than 80,000 meters of drilling.
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.
Contact:
Tel: 1-(855)-584-0258
Email: 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.
PACTON GOLD INC. 
