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PC Gold - Drilling of Large-Scale Cohen-MacArthur Zone North of Mine Returns Encouraging Results; Planning for Follow-up Holes Underway


Ottawa, Ontario – August 16, 2010 - PC Gold Inc. (TSX: PKL) is pleased to report that a first phase of exploration drilling...more


PC Gold Considerably Expands No. 19 Vein Discovery; Multiple New Gold Zones Discovered; Doubles Known Extent of Historically Top Producing (+500,000 oz) No. 1 Vein Below Workings


Ottawa, Ontario – July 19, 2010 - PC Gold Inc. (TSX: PKL) is pleased to report that ongoing exploration at the Company’s Pi...more

PC Gold: Old Mine Exploration At Its Best
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Gold in quartz found lying on one of the property roads, July 2010PC Gold holds 100% ownership of Pickle Crow, one of Canada’s best known past producing gold mines, located in northwestern Ontario in a belt of rocks well known for its rich gold deposits. 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.  

The potential to revitalize old Ontario and Quebec gold mines has been recognized by other present-day resource companies such as Goldcorp, Detour Gold, Osisko Mining and Kirkland Lake Gold, all of whom have achieved success with the old mine redevelopment model. PC Gold recognizes similar potential at Pickle Crow, and intends to follow the same path trodden by its peers with the re-exploration and redevelopment of this well-known past producer, at one time among the best known underground gold mines in Canada. 

 

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