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Pacton Gold provides update on Pilbara gold exploration

Published by , Assistant Editor
Global Mining Review,

Pacton Gold Inc. (Pacton) has provided a brief corporate update on the company's Pilbara Gold strategy and plans going forward into 2019. Throughout 2018, Pacton strived to build a premium land package of the most promising gold prospects throughout the Pilbara basin of North West Australia. The Pacton team believes the company's strategy has been highly successful to date on securing the most economical and accessible gold deposits in the region. This was a primary objective of the team in their effort to meet the expectations of major stakeholders and for all of Pacton's investors. This objective continues to be a key part of the Pacton strategy going forward into 2019.

As a result of the company's success in implementing its strategy over the past year, Pacton is now ready to commence the next phase of its corporate growth plan. Pacton is determined to become a premier player in the exploration, discovery and production of Pilbara gold from all prospective and licensed tenements. This requires Pacton to grow its team and attain further expertise in the areas of jurisdictional regulations, native issues and existing infrastructural opportunities. 

Pacton has appointed Johnathon Campbell as Field Logistics Manager of the company. Campbell has worked in the mining industry for over 18 years for some of Australia's leading miners. He has held roles with companies such as BHP, Newmont and Anglo Ashanti and is most well-known for his discovery and pegging of leases that started what is now known as the Pilbara gold rush. Pacton is confident that Campbell will bring his local expertise to the team, further enhancing the company's effectiveness in meeting its commitments to shareholders and its strategic goals throughout the Pilbara.

"Securing the services of Johnathan will enhance Pacton's ability to execute its future exploration programmes in the Pilbara. Johnathan's considerable experience in the mining industry and his understanding of native title issues in the Pilbara will benefit Pacton significantly. The Board of Pacton welcomes Johnathon to Pacton's management team and looks forward to further developments with his participation as a leader in an official capacity. He has been integral in putting the Pilbara gold story on the map and his knowledge of the Pilbara region will resonate positively with the members of the Pacton team," stated Alec Pismiris, Interim President and CEO.

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