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Friday, 06/01/2018 6:09:17 AM

Friday, June 01, 2018 6:09:17 AM

Post# of 11574
$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-acquire-granted-mining-164000040.html

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