$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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