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5/31/2005 2:27:00 PM ET
Pacific Gold Corp. Equipment Acquisition

TORONTO, May 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- Pacific Gold Corp., (OTCBB: PCFG) announced today that it has purchased a 2001 CAT 375L Excavator to be used at the Black Rock Canyon Mine near Crescent Valley, Nevada.

The CAT 375 is a hydraulic excavator. The machine is large enough to handle the demands of the Company's production targets. The CAT 375 Excavator is generally both durable and reliable and expected to withstand the elements and heavy use of mine operations.

This acquisition represents a major component of the plan of operations for the Black Rock Canyon mine and is expected to be one of the cornerstones of the Company's gravel extraction operations.

The Black Rock Canyon Mine is operated by Pacific Gold's subsidiary Nevada Rae Gold. The Company began preproduction in April of this year and plans to have the mine in production later this year.

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, Inc., a subsidiary of Pacific Gold Corp., has acquired a gold project known as Black Rock Canyon, located in north- central Nevada, which contains a large alluvial deposit. Oregon Gold, Inc., 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. Grants Pass Gold, Inc., a wholly-owned subsidiary, owns the Defiance Mine, located in Josephine County, Oregon.

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 2013 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

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