Pacton Gold Inc.

Pacton Gold Inc.

PACXF
Pacton Gold Inc.US flagOther OTC
0.09
USD
- -
- -
5.27MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

APIChatGPT
CEO
Navjit Dhaliwal
Sector
Basic Materials
Industry
Gold
Address
200 Burrard Street Vancouver BC Canada V6C 3L6
IPO Date
Jan 14, 2014
Business
Pacton Gold Inc is a Canadian junior exploration company specializing in the identification, evaluation, acquisition, and exploration of mineral properties with a focus on high-grade gold deposits. It operates primarily in the Red Lake Mining District of northern Ontario, Canada, and the Pilbara gold region in Western Australia. The company's main projects include the Red Lake Gold Project, comprising an approximately 28,000-hectare land package, and the Sidace Project, approximately 8,600 hectares, both located within prolific gold mining regions. Pacton Gold's operations involve exploration activities such as drilling programs and surface sampling aimed at advancing these high-potential gold assets. Founded and headquartered in Canada, Pacton Gold has established strategic positions in key mining jurisdictions known for significant gold production. The company's product offerings include exploration services focused on gold and copper deposits within these regions. It also holds subsidiaries including Pacton Pilbara Pty. Ltd. and Drummond East Pty. Ltd. A major recent development is the acquisition of Pacton Gold by Trillium Gold Mines, completed in June 2023, which transformed Pacton into a wholly owned subsidiary of Trillium. This acquisition expanded Trillium’s land holdings in the Red Lake district by more than 36,000 hectares, increasing its portfolio by 40%, and allowed leveraging Pacton's extensive drilling and exploration data, including over 79 drill holes and more than 1,000 surface samples. The acquisition reflects a strategic consolidation within the Red Lake gold district, enhancing scale and exploration potential. Prior to this, Pacton had advanced its exploration programs with significant drilling campaigns and financing rounds to support its gold projects in Ontario and Western Australia. Thus, Pacton Gold Inc serves as a key exploration entity with a robust portfolio of high-grade gold projects in Canada and Australia, now operating under Trillium Gold Mines, with recent strategic moves focused on expanding and accelerating exploration in highly prospective gold districts.

Company News

APIChatGPT
  • Trillium Gold Mines completes acquisition of Pacton Gold, creating rival to Evolution Mining and Kinross Gold

  • Pacton Appoints VP Exploration

  • Pacton Drilling Identifies New Gold Trend; Advances Red Lake Project, Ontario

  • Pacton Hits Mineralization in Multiple Holes; Increases Interest in Sidace Gold Project

  • Pacton Gold kicks off surface exploration at Red Lake project in Ontario to generate drill targets

  • Pacton Gold sells remaining 25% interest in Arrow, Yandicoogina and Boodalyerrie properties in the Pilbara, WA

  • Pacton Vends Remaining 25% in Certain Pilbara Properties

  • Pacton Gold outlines exploration plans for the year at its Sidace and Red Lake gold projects

  • Pacton Completes Drill Programs at Red Lake Gold Projects; Outlines Upcoming Exploration Activity

  • Pacton Hits High-Grade and Widespread Mineralization; Extends Main Zone at Sidace Gold Project in Red Lake, Ontario