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PC Gold Drills 373 Metres of 0.58 g/t Gold at Central Pat East, Including 97.85 m of 1.03 g/t and 11.00 m of 4.28 g/t | | | | Ottawa, Ontario – June 22, 2011 - PC Gold Inc. (TSX: PKL) is pleased to report that ongoing drilling at the newly discovered shallow gold system at Central Pat East (“CPE”) has cut another long intercept in hole PC-11-139, consisting of a broad low grade envelope encompassing several higher grade shoots. The latest results once again underscore the potential for CPE to host a combined open-pittable and underground resource as add-on potential to the recently released high quality 1.26 million ounce NI 43-101 inferred gold resource (10,150,000 tonnes averaging 3.9 g/t gold, cut and diluted) located in the Pickle Crow gold mine 2 kilometres to the southeast. This includes a high grade underground component comprising 1.1 million ounces averaging 5.4 g/t gold, including a high grade vein component of 600,000 ounces averaging 9.3 g/t gold, which the Company is focused on developing, and for which it intends to deliver a completed preliminary economic assessment by the end of the summer...For a full pdf copy of this press release please click here. | | |
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