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6/27/2005 8:24:45 AM ET
Pacific Gold Corp. Acquires Mining Truck Fleet
TORONTO, June 27, 2005 /PRNewswire-FirstCall via COMTEX/ --
Pacific Gold Corp., (OTCBB: PCFG) is pleased to announce the purchase of its fleet of six CAT D400D articulated dump trucks.
The Caterpillar D400D is a 40 ton Articulated Dump Truck ("ADT") and has a volume equivalent of approximately 27 cubic yards.
The trucks will be used by our subsidiary Nevada Rae Gold for hauling gold bearing gravels at the Black Rock Canyon Mine in Northern Nevada. The trucks will haul gravels from the mine site to the mill, a distance of approximately three miles. Once the gold is separated and recovered, the remaining gravel material is hauled back to the mine site where it will be used for reclamation.
"The ADT fleet, in combination with our recently purchased CAT 375 excavator will be the backbone of our gravel extraction at Black Rock Canyon. The trucks should allow us to move material in a cost effective manner and at the same time, achieve our daily production goals," said Rob Landau CEO of Pacific Gold Corp.
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.
To find out more about Pacific Gold Corp. (OTCBB: PCFG), visit our website at www.pacificgoldcorp.com, or contact the Company at 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.
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