Thunder Bay, Ontario and Ottawa, Ontario – May 11, 2009 – Chief Connie Gray-McKay of the Mishkeegogamang Ojibway First Nation (“Mishkeegogamang” or “the First Nation”), and Kevin M. Keough, President and Chief Executive Officer, PC Gold Inc. (PKL:TSX), (“PC Gold” or “the Company”) are pleased to announce that they have signed an Exploration Memorandum of Understanding (“MOU”) committing to an ongoing relationship between Mishkeegogamang and PC Gold with respect to the Company’s exploration activities on its Pickle Crow Property.

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