Pacton Gold Inc. (PAC: TSXV) is a Canadian junior exploration company focused on acquiring, exploring and advancing mineral assets in key mining friendly locations globally.
On April 5, 2018 Pacton Gold announced that it entered into a letter of intent, whereby it can earn up to
an 80% ownership interest in Arrow Pty Ltd, an Australian proprietary limited exploration company wholly owned by Arrow Minerals Limited (ASX:AMD).
Highlights of the Arrow Transaction:
-Strategic land holdings totaling 609 km2, with recent discovery of gold nuggets from outcropping
conglomerates. Nuggets 5 to 10 mm in size have been discovered on the Property. Seven conglomerate gold targets have been identified with characteristic radiometric anomalies;
-Directly adjacent and proximal to key exploration properties controlled by Novo Resources Corp., De Grey Mining Ltd., and Kairos Minerals Ltd.;
-Gold anomalies identified along structures which host gold mineralization on adjacent properties.
