Pacton Gold Inc. announced it has received its early exploration permit for additional drill holes at the Red Lake Gold Project. The permitted activities include drilling at the Claremont East target area, where surface sampling in 2021 identified a new, widespread gold zone over 60 m in length and 50 m in width. The Red Lake Gold Project, located in Red Lake, Ontario, comprises 28,000 ha.

The Project is adjacent and proximal to past, current, and near-term production mines and is also adjacent and on trend to Great Bear's Dixie discovery. Exploration to date includes successful first pass sampling, geophysical surveys, and drilling. High-grade surface samples include 126.5 g/t Au and 23.3 g/t Au.

First pass reconnaissance drilling has hit 17.5 g/t Au over a 0.5 m interval. The Project also includes regional properties, such as Gullrock, Pakwash, Dixie, Golden Loon, and Swain. The project is in an area that has historical, and current use by Lac Seul, Wabauskang and Grassy Narrows First Nations.