Pacific Gold Corp. Prepares for Gold Production
December 08 2008 - 9:00AM
PR Newswire (US)
Company Commences Plant Modifications on Black Rock Canyon Plant
TORONTO, Dec. 8 /PRNewswire-FirstCall/ -- Pacific Gold Corp.
(OTCBB: PCFG) announced today that its subsidiary, Nevada Rae Gold
has begun and completed the first phase of the plant modifications
that were previously approved by the local governing agency, the
Nevada Department of Environmental Protection (NDEP) for the Black
Rock Canyon Mine. The trommel, conveyors, centrifugal bowls and new
plumbing have all been reconfigured to meet the new demands for
production. Additionally, the stacking hydrocyclone is being added
to the system. The next stage will require some minor electrical
work, followed by a scheduled test of the Geotextile tubes. Nevada
Rae Gold anticipates gold production in Q1 of 2009, beginning with
the testing of the new changes to the plant and desanding system.
In its first full year of production, the mine is expected to
produce approximately 6,500 oz of gold, increasing each year
thereafter. Contact: Dan Schustack, CEOcast, Inc. for Pacific Gold
at (212) 732-4300 To find out more about Pacific Gold Corp. (OTCBB:
PCFG), visit our website at http://www.pacificgoldcorp.com/. Or
contact the Company directly at 416-214-1483. About the Company
Pacific Gold Corp.'s business plan provides for the acquisition and
development of production-ready and in-production mining
operations. The company is focused on alluvial gold and base metals
operations located in western North America. Pacific Gold Corp.
owns five operating subsidiaries: Nevada Rae Gold, Inc. ("Nevada
Rae") owns and operates the Black Rock Canyon gold mine, located in
north-central Nevada; Pilot Mountain Resources Inc. ("Pilot
Mountain") owns Project W, a large tungsten based deposit in
Nevada; Fernley Gold, Inc. ("Fernley Gold") acquired exclusive
lease rights to mine the Lower Olinghouse Placers in north-western
Nevada; Oregon Gold, Inc. ("Oregon Gold") owns the Bear Bench
claims and Defiance mine, located in south-western Oregon; and
Pacific Metals Corp. ("Pacific Metals") owns claims in San Juan and
Delores Counties, Colorado, encompassing the historic Graysill
Mine. This news release includes forward-looking statements that
reflect Pacific Gold Corp.'s current expectations about its future
results, performance, prospects and opportunities. Pacific Gold
Corp. has tried to identify these forward-looking statements by
using words and phrases such as "may", "will", "expects",
"anticipates", "believes", "intends", "estimates", "should",
"typical", "we are confident" or similar expressions. These
forward- looking statements are based on information currently
available to Pacific Gold Corp. and are subject to a number of
risks, uncertainties and other factors that could cause the
Company's actual results, performance, prospects of opportunities
in the remainder of 2008 and beyond, to differ materially from
those expressed in, or implied by, these forward-looking
statements. DATASOURCE: Pacific Gold Corp. CONTACT: Dan Schustack,
CEOcast, Inc. for Pacific Gold at (212) 732-4300
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