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August 2018

Brixton Metals Corp. (TSXV:BBB) – Diamonds in Cobalt

Impact: Positive

Brixton Metals has announced that it has intersected a kimberlitic body in three drill holes at its Langis project in the Cobalt Camp of Ontario while targeting cobalt-nickel-silver mineralization in the shallow Archean rocks.

Pacton Gold Inc (TSXV:PAC) – Pacton Adds More Conglomerate Ground

Impact: Mildly Positive

Pacton Gold has announced that it has entered into a binding letter of intent (LOI) to acquire the conglomerate gold rights from Calidus Resources Limited (ASX:CAI) over a portfolio of eight exploration licenses, which includes six granted exploration licenses and two exploration licenses under application for a total of 357.5 sq. km within the Pilbara region of Western Australia.

Pacton Gold Inc (TSXV:PAC) – Pacton Accelerates Acquisition of Arrow Pilbara

Impact: Mildly Positive

Pacton Gold has agreed to terms to acquire the remaining 49% of Arrow Pilbara Pty Ltd, (currently owns 51%) from Arrow Minerals Limited (ASX:AMD), accelerating the previous Share Purchase and Option Agreement to acquire 80% of the company. The remaining 49% is being acquired for C$1M in cash and the issue of 2M shares of Pacton.