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5/24/2004 3:57:00 PM ET
Pacific Gold Corp. Announces the Winner of the Money Show Contest

TORONTO, May 24, 2004 /PRNewswire-FirstCall via COMTEX/ -- Pacific Gold Corp. (OTCBB: PCFG) congratulates Mr. Larry Tucker of Nevada. Mr. Tucker is the winner of the Company's Money Show contest.

The 16th Annual Money Show was held in Las Vegas, Nevada, May 11 - May 13, 2004. All individuals who visited the Pacific Gold Corp. booth and/or workshop were eligible to enter the contest. The winner was drawn randomly from all entries received, and will be awarded a $500 Gift Certificate Card that can be redeemed at any Best Buy store.

The Money Show regularly attracts 8,000 individual investors, traders, financial planners, and professionals from around the country and the globe. Attendees benefit from hundreds of educational workshops, panels, special events, and the world's largest investor marketplace in a state-of-the-art exhibit hall. Throughout the three-day investor conference, Pacific Gold Corp. was pleased to meet with and introduce more than 5,000 potential investors to the Company.

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 North America. Nevada Rae Gold, a subsidiary of Pacific Gold Corp., has acquired a gold project known as Crescent Valley, located in north-central Nevada, which contains a large alluvial deposit. Oregon Gold, a subsidiary of Pacific Gold Corp., owns a group of claims known as the Bear Bench, located in south-western Oregon. Fernley Gold, Inc., a wholly-owned subsidiary, has a lease agreement on a group of claims known as the Butcher Boy and Teddy Claims, located in western Nevada.

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 of opportunities in the remainder of 2004 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.

SOURCE Pacific Gold Corp.

www.pacificgoldcorp.com, 416-214-1483. (PCFG)

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