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Pacific Gold Corp. - New Equipment Purchase and Installation
TORONTO, December 12, 2011 - Pacific Gold Corp. (OTCQB: PCFG) (Pinksheets: PCFG)
Pacific Gold Corp. ("PCFG") announced that Nevada Rae Gold, Inc., ("NRG") a subsidiary of PCFG, has purchased a 36" twin sand screw for use at the Black Rock Canyon Mine. The sand screw works with the plants' hydro cyclone to remove larger particles of sand prior to the process slurry being fed to the geotextile tubes. The removal of this larger sand reduces the volume of material being fed to the geotextile tubes and helps to manage the clean-up of tailings from the hydro cyclone.
Nevada Rae Gold has already received approval from the NDEP and has completed the installation of the new equipment.
To find out more about Pacific Gold Corp. (OTCQB: PCFG), visit the Company's website at www.pacificgoldcorp.com. Or contact the Company directly at 416-214-1483.
About the Company
Pacific Gold Corp.'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 four operating subsidiaries: Nevada Rae Gold, Inc., which owns and operates the Black Rock Canyon gold mine, located in north-central Nevada; Pilot Mountain Resources Inc., which owns Project W, a large tungsten based deposit in Nevada; Fernley Gold, Inc., which has acquired exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada; and Pacific Metals Corp., which 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 2011 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.