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Sidace Project, Ontario

Sidace Project, Ontario

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Sidace and Golden Loon

Highlights

About the Sidace Project

The Sidace Project is located 28 km north east of Red Lake, at the northern extent of the Red Lake Greenstone Belt (figure 1). The property is underlain by a north east trending belt of felsic to mafic metavolcanics and intercalated sediments which have been intruded by granitic batholiths. Mineralization is associated with quartz veining and silicification. Sidace is an advanced gold project with more than 80,000 meters of drilling.

PAC RL SidaceJV PropertyMap

2020/2021 Exploration Program

Pacton Gold acted as Operator for the winter drill program which completed 11,575 meters of drilling in 18 holes. The program focused on extending the three main mineralized zones on the Sidace Project: Main Discovery Zone (“MDZ”), Upper Duck Zone (“UDZ”) and Anderson Zone. Drilling was successful, with 17 of 18 holes intersecting gold mineralization.

Drilling Highlights

Sidace Drilling long

Sidace Drilling long

Main Discovery Zone (“MDZ”); A “z-shaped” mineralised body of folded metavolcanics, with a tested strike length of 300 meters and depth of 400 meters. Gold is associated with deformed quartz veinlets. The 2020/2021 drill program successfully extended the zone along strike and at depth.

Upper Duck Zone (“UDZ”); Gold is associated with silicified sections of iron formation. Mineralized units have been traced for more than 1.4 kilometers of total strike length. Drilling has extended the UDZ along strike and down plunge to the north.

Anderson Lake; This zone hosts gold mineralization in skarn, as well as in sheared ultramafics.

Sidace Geology Overview

12.02.2021

Pacton Announces 10,000 m Winter Drill Program at Red Lake, Ontario

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11.25.2021

Pacton Closes $2m Flow-Through Financing

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10.28.2021

Pacton’s Red Lake Winter Drill Program to Test 2 km along Newly Discovered Claremont Gold System

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