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(Total Views: 161)
Posted On: 05/31/2018 6:25:12 AM
Post# of 145174
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Posted By: Lets Roll
$PACXF / $PAC.V VANCOUVER , May 28, 2018 /CNW/ - Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the "Company" or "Pacton" is pleased to announce that it has entered into a binding letter of intent ("LOI" to acquire 100% of the Friendly Creek exploration license and mining leases ("Friendly Creek" from Gardner Mining Pty Ltd ("Gardner Mining" , an Australian proprietary limited exploration company and from Darren White (together, the "Vendors" . Five granted mining leases and one granted exploration license comprise a total of 31.36 km2 (the "Property" . Friendly Creek is historically one of the richest known areas for alluvial nuggets within the Pilbara region, where a large amount of alluvial fine grained gold to multiple considerable sized nuggets have been recovered, 127 oz (in 1888) and 165 oz (in 1892) gold nuggets (source: www.mindat.org/loc-272951.html). Note: These samples are not indicative of the mineralization hosted on the property.

https://finance.yahoo.com/news/pacton-gold-ac...00040.html

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