Mr. Nav Dhaliwal reports

PACTON RECIEVES DRILL PERMIT FOR CLAREMONT EAST AT RED LAKE GOLD PROJECT, ONTARIO

Pacton Gold Inc. 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 metres in length and 50 metres in width.

About the Red Lake gold project

The Red Lake gold project, located in Red Lake, Ont., comprises 28,000 hectares. 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 grams per tonne gold and 23.3 grams per tonne gold. First-pass reconnaissance drilling has hit 17.5 grams per tonne gold over a 0.5-metre 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.

About Pacton Gold Inc.

Pacton Gold is a Canadian exploration company with key strategic partners focused on the exploration and development of high-grade gold properties located in the Red Lake gold rush in Ontario, Canada. The company also owns a strategic portfolio of prospective projects in the district-scale Pilbara gold rush in Western Australia.

The technical content of this news release has been reviewed and approved by Dale Ginn, PGeo, executive chairman and a director, and Karly Oliver, PGeo, vice-president, exploration, and a director of the company, who are both qualified persons pursuant to National Instrument 43-101.

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