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6/16/2008 8:00:00 AM ET
PCFG - Desanding Update
TORONTO, June 16, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
Pacific Gold Corp. (OTCBB: PCFG) announced today that it has identified new equipment for the desanding requirements at the Black Rock Canyon mine owned and operated by Nevada Rae Gold, Inc.
The Black Rock Canyon screening plant operates a relatively simple circuit of machinery. First the gold bearing gravels are washed with clean process water. Next the gravel is scrubbed with a series of screens. After being washed and scrubbed the gravel is fed into a centrifugal concentrator where the gold is separated from the gravel and water slurry. Once the gold is removed the remaining gravel and water must then be separated so that the water can be properly recycled and the gravel used for land reclamation.
The screening plant previously failed when after the gold had been removed from the gravel and water slurry, the plant systems could not separate the remaining sand and fine gravels from the plant process water. This caused the sand and gravel to fill up the settling ponds and not allow for the plant to have access to clean process water.
The Company believes that a stacking hydrocyclone added to the screening plant circuit should remove a significant volume of sand and fine gravels that were previously being delivered to the settling ponds. The stacking hydrocyclone specifications show that a significant amount of solids should be removed, prior to the slurry being fed to the plant settling ponds, with a manageable amount of water remaining with the gravel that is removed by the hydrocyclone.
The company has also determined that the use of Geotextile dewatering tubes could potentially eliminate most of the remaining fine gravels from being delivered to the settling ponds and allow for mostly clean water to be reprocessed back into the screening operations.
The Company recently completed a lab test program with Spinpro of Chilliwack, B.C. that showed very promising results using Geotextile tubes. The Company currently has plans to begin a large scale test of the Geotextile tubes at the Black Rock Canyon mine site.
As soon as the remaining plant modifications are completed an on-site test of the new hydrocyclones and Geotextile tubes will begin.
About the Company
The Company's business plan provides for the acquisition and development of production-ready and in-production mining operations. The Company is focused on alluvial gold and base metals operations located in western North America. Pacific Gold Corp. owns five operating subsidiaries: Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black Rock Canyon gold mine, located in north-central Nevada; Pilot Mountain Resources Inc. ("Pilot Mountain") owns Project W, a large tungsten based deposit in Nevada; Fernley Gold, Inc. ("Fernley Gold") acquired exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada; Oregon Gold, Inc. ("Oregon Gold") owns the Bear Bench claims and Defiance mine, located in south-western Oregon; and Pacific Metals Corp. ("Pacific Metals") owns claims in San Juan and Delores Counties, Colorado, encompassing the historic Graysill Mine.
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 2008 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
SOURCE Pacific Gold Corp.
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