4 October 2010 – Pacific Gold Corp. announced today that it has ordered the Geotextile tubes for dewatering tailings from the mine screening plant in October.
The geotextile tubes and polymer required for the plant testing should be on site before October 15.
During the testing period the Company also plans to meet on site with various mining contractors to begin the process of selecting a contractor for the hauling and extraction of gravels once the plant is operational.
Previously the Company tested geotextile tubes in a lab setting, with gravel ore from the mine, to test the ability of the Geotextile tubes to contain tailings while allowing clean water to pass through the tubes for reuse. These lab tests were successful and the next step is a full scale field test.
The mine plans to run its on-site stockpile of approximately 9,000 tons of gravel (approximately 1/4 of a month of anticipated normal production) in order to test the Geotextile tubes on site in preparation for beginning full scale mining operations.
The Company expects to complete the field testing of the geotextile tubes by the end of October.
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. (“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; and Pacific Metals Corp. (“Pacific Metals”) owns claims in San Juan and Delores Counties, Colorado, encompassing the historic Graysill Mine.
Contacts
Pacific Gold Corp.
+1 416 214 1483
www.pacificgoldcorp.com
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 2010 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements. To find out more about Pacific Gold Corp. (PINK SHEETS: PCFG), visit the Company’s website at www.pacificgoldcorp.com.
