Oct 17 (Reuters) - Pacton Gold Inc PAC.V :
* PACTON ENTERS INTO STRATEGIC PROCESSING ALLIANCE WITH ARTEMIS
* COMMERCIAL TERMS FOR ANY PROCESSING ARRANGEMENT REMAIN SUBJECT TO NEGOTIATION IN A FORMAL AGREEMENT
* PACTON GOLD - ARTEMIS AND CO TO DETERMINE HOW THEY CAN TOGETHER ADVANCE, OR LEVERAGE OFF, ARTEMIS' RADIO HILL OPERATIONS, PROCESSING INFRASTRUCTURE
* PACTON GOLD - MOU CONTEMPLATES COLLABORATION BETWEEN 2 COS, PACTON CAN UTILIZE ARTEMIS' 100% OWNED RADIO HILL PROCESSING PLANT, ON NON-EXCLUSIVE BASIS