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12/18/2003 12:17:30 PM ET
Pacific Gold Corp. Crescent Valley Permitting Update

LAKE HARMONY, PA, Dec. 18, 2003 (MARKET WIRE via COMTEX) -- The IO Circuit Reiterates Pacific Gold Corp. (OTC BB: PCFG) with a Buy Rating and announces today that on December 10, 2003, the Company's Mining Engineer and Permitting Consultants met in Battle Mountain, Nevada, with the Bureau of Land Management (BLM) and the Nevada Bureau of Mining Regulation and Reclamation.

The purpose of the meeting was to establish a forward-looking initial dialogue for the formal preparation and submission of The Company's gold mining Plan of Operations to the BLM, and to identify the State permits and filing documentation that will be necessary.

With the initial meeting accomplished, the Company is now preparing its formal Plan of Operations. The Company believes its meeting with the regulatory authorities, in advance of the formal Plan of Operations submission, will support a concise and timely approval process.

Mr. Geisler, President, Pacific Gold, stated, 'Following the Company's meeting with the various regulatory authorities on December 10, 2003, we are very encouraged by the exchange of information, and expect to successfully file the Plan of Operations during the first quarter of 2004.'

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

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Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. The IO Circuit accepts no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party consultant has hired and paid the IO Circuit $900.00 for the publication and circulation of this report. As always do your own due diligence. Our technical analysis may from time to time cause the target price to fluctuate without notice. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. The IO Circuit has no ownership of equity and no representation of accuracy in the above company and our reports are designed to communicate company communications through our Press Release Service.

Contact: C.P. Barry The IO Circuit 888.478.7669 570.722.4098 www.IOCircuit.com

SOURCE: The IO Circuit

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