Pacton Gold Inc. provided an update on First Nations and community consultation at its Red Lake project. Following a period of open and transparent dialog, the Company has established positive working relationships based on mutual respect with Lac Seul and Wabauskang and has initiated a preliminary engagement with Grassy Narrows First Nations. Pacton has made several commitments to the First Nations including: Conservation of areas and sites where First Nations have rights and interests, Declaring an exploration moratorium at specific areas of significance to protect First Nation rights and interests.

Commitment not to explore in Grassy Narrows' declared Indigenous Protected and Conserved Area; Minimizing the impact of exploration activities in all areas of the property Engaging in regular, transparent communication about the project. The Company has signed a Communication Agreement with Lac Seul First Nation outlining consultation protocol for exploration activities and looks forward to advancing discussions and reaching similar agreements with Wabauskang and initiating discussions with Grassy Narrows First Nation. Pacton has also consented to Disposition of Surface Rights within areas of the Red Lake project for the Wataynikaneyap Transmissions Project and the Municipality of Red Lake.