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10/30/2003 5:49:00 PM ET
Pacific Gold Corp. Acquires Knelson Concentrator

TORONTO, Oct 30, 2003 /PRNewswire-FirstCall via COMTEX/ -- Pacific Gold Corp, (OTCBB: PCFG), announced today that it has received delivery of a Knelson KCMD-7.5 centrifugal portable concentrator.

The pilot plant includes a small concentrator, generator and screens and will allow the company to process gravel materials involved in testing projects as well as the end piece on the circuit of the production plant in South West Oregon. The processor is mobile and comes with its'own trailer.

The equipment was purchased on a lease via a third party.

'This machinery will allow the company greater flexibility in its testing programs and evaluations of projects, as well as allow us to process materials on our existing gold properties in a very cost effective and timely manner.' Stated Mitch Geisler, President.

About the Company

The Company's business plan includes the acquisition and development of production-ready or in-production mining operations concentrating on gold recovery. The Company is interested in alluvial, or placer operations, located in western North America. Oregon Gold, a subsidiary of Pacific Gold Corp., has acquired the Defiance gold project in south-western Oregon, which is partially permitted and production-ready. Nevada Rae Gold, a subsidiary of Pacific Gold Corp., has acquired a portion of a gold project known as Crescent Valley, located in north-central Nevada, which contains a large alluvial deposit.

Additional information is available at the Company's website at www.pacificgoldcorp.com, or by calling 416-214-1483.

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 or opportunities in the remainder of 2003 and beyond to differ materially from those expressed in, or implied by, these forward-looking statements.

SOURCE Pacific Gold Corp.

Additional information is available at the Company's website at www.pacificgoldcorp.com, or by calling (416) 214-1483 (PCFG)

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