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Pacton Gold 'still on acquisition trail' in Australia's Pilbara Gold Rush

Pacton Gold Inc (TSX-V:PAC) president and CEO Alec Pismiris speaks to Proactive Investors about the exploration and development company’s burgeoning focus on Western Australia’s noted Pilbara region.


“In Canada we have a diverse portfolio, I guess you might call it: gold, uranium and lithium. But the company adopted a strategy recently of identifying and acquiring projects in the Pilbara here in WA, particularly with a focus on conglomerate-style deposits. We recently acquired 4 groups of projects; in total around 27 tenements, comprising of roughly 2100 km²,” says Pismiris.

Pismiris continues, “we’re determined to pick up a larger portion of the Pilbara. We look at Novo [Resources CVE:NVO] as being the benchmark in the region, and we’re looking to replicate that model… We think that it’s a region that will ultimately become a very prolific gold-producing region.”

 
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