555 LEGGET DR, SUITE 304
KANATA
Ontario
Canada,
K2K 2X3
Phone: +1 613 271 2105
Fax: +1 613 271 2121
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PC Gold Inc. (PKL : TSX) provides an excellent opportunity for investors who subscribe to the adage that the best place to find a new mine, is on the site of an old one.
PC Gold holds 100% ownership of Pickle Crow, one of Canada's best known past producing gold mines, located in politically stable northwestern Ontario in a belt of rocks well known for its rich gold deposits.
The Pickle Crow Mine was a long-life (31 years), high grade (life of mine average ~16 g/t (0.47 oz/T)), consistently profitable operation, producing in total 1.45 million Troy ounces of gold. When the mine closed in 1966, gold was worth just $35/oz, all productive high grade veins remained open laterally and to depth, and zones of gold in iron formation sat largely untouched within the workings.
The Company believes there is considerable gold left in place within or close to the mine, and a major exploration program is unfolding with the objective of quantifying what remains, and making new discoveries.
For more information visit:
www.PCgold.ca
Company NewsMonday, March 08, 2010 PC Gold reported that additional drilling on the newly discovered No. 19 vein has returned two thick intercepts with abundant visible gold in wedge holes PC-10-052-W01 and W02. Highlights include hole PC-10-052-W01, returning 8.23 g/t gold over 7.6 metres (0.24 oz/ton over 24.9 feet) from 492.50 metres to 500.10 metres. News ReleasesMonday, February 22, 2010 Thursday, February 11, 2010 Thursday, January 21, 2010 Thursday, January 07, 2010 Map Legend: Producer Past Producer  Development  Exploration |
