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7/6/2005 10:15:17 AM ET
Pacific Gold Corp. Equipment Acquisition
TORONTO, July 6, 2005 /PRNewswire-FirstCall via COMTEX/ -- Pacific Gold Corp., (OTCBB: PCFG) announced today that it recently completed the purchase of additional Mining and Milling equipment for its Black Rock Canyon Mine near Crescent Valley, Nevada.
Of special interest, the Company acquired a JCI 3 deck 7 x 20 foot portable screen plant which will provide the backbone of the Mine's screening operations, including sizing and processing materials to the gravity concentrator.
The Company has also purchased a 50 yard hopper combined with a 42" by 27' belt feeder, and two 45 yard load out bins with 25' transfer conveyors.
Additional earth moving equipment acquired included a CAT 988B wheel loader, a Fuel Truck, for servicing heavy equipment, and a Water Truck, for dust control, in addition to the recently announced fleet of CAT Articulated Dump Trucks.
These acquisitions complete significant equipment requirements for the Company's Mining Plan of Operations.
The Black Rock Canyon Mine is operated by Pacific Gold's subsidiary Nevada Rae Gold. The Company began pre-production in April of this year, and expects to have the Mine in production during the fourth quarter.
Additional information is available at the Company's website at www.pacificgoldcorp.com, or by calling 416-214-1483.
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.
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.