Pacific Gold Corp. (PCFG.OB) acquires, identifies, explores and develops proven undeveloped mineral deposits in the Western US. Their focus is on exploring for gold and base metals such as tungsten and uranium
Pacific Gold Corp. owns four operating subsidiaries. Nevada Rae Gold, Inc. owns and operates the Black Rock Canyon gold mine, located in north-central Nevada. Pilot Mountain Resources Inc. owns Project W, a large tungsten based deposit. Fernley Gold, Inc. has acquired the exclusive lease rights to mine the Lower Olinghouse Placers. And Oregon Gold, Inc. owns the Bear Bench claims and Defiance mine, located in southwestern Oregon.
In 2007, Pacific Gold completed its modernization program at the Nevada Rae facilities, allowing continued production of gold. The company also installed new dewatering equipment from Knelson Gravity Solutions, allowing reduced time and cost for mine reclamations.
Pacific Gold Corp. intends to acquire existing natural resource deposits located throughout North America with either a lease or purchase, then develop the acquired deposits into producing mines as soon as possible following acquisition.
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