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6/21/2005 11:26:12 AM ET
Pacific Gold Corp. Black Rock Canyon Mine Progress
TORONTO – June 21, 2005 – Pacific Gold Corp., (OTCBB: PCFG) today announced additional developments regarding construction at the Black Rock Canyon Mine near Crescent Valley, Nevada.
The announcements include the installation of a new security fence planned for completion by June 24. The security fence is 6 feet high with barbed wire and fulfills part of the Company’s planned security measures at the Black Rock Canyon Mine. The fence will enclose the mill, gold room, fuel, and water ponds, as well as storage of heavy machinery during off hours. Additionally, the fence will help avoid unauthorized entry to the site, and act as a safety measure.
The Company also announced that additionally, Pacific Gold has hired SRK Engineering to provide electrical, sewage, plumbing, and foundation plans for the Black Rock Canyon Mine building. The plans will assist with acquiring the necessary building permit for the completion of the Mine’s mill building. SRK is expected to complete their work within three weeks, and the Company will file a permit application immediately upon the completion of the plans. The building permit is expected to be issued within approximately four weeks after the application is submitted. The Company has already purchased a 60 foot by 90 foot mill building from Freedom Steel which is scheduled to arrive on site prior to the end of July.
"As we move forward during the pre-production phase of the Black Rock Canyon Mine, we intend to keep our shareholders informed of the developments as they occur", stated Rob Landau, CEO. "Pacific Gold is currently on track for the Mine's scheduled opening 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, 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, 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.