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PC Gold Begins Drilling at Pickle Crow, Identifies Gold Target in Thick Conglomerate Unit | | | | Ottawa, Ontario – June 22, 2009 – PC Gold Inc. (PKL:TSX) (“PC Gold” or “the Company”) is pleased to report that the Company’s Phase II drill program on its past producing Pickle Crow gold mine property in northwestern Ontario, Canada, has begun. The first hole of the Phase II program, PC-09-028, is following up on the discovery of high grade gold in heavily sulphidized iron formation made in PC-08-027, the last hole of the fall 2008 Phase I program. Drilling will attempt to trace the mineralization encountered in PC-08-027 down plunge to the north. In a press release dated June 1, 2009, the Company announced that previously unrecognized potential exists on the Pickle Crow property for disseminated-replacement-style gold mineralization associated with the unconformable contact of the Pickle Crow and Confederation assemblages. Ongoing compilation and 3D modeling of historical data has identified an excellent candidate for this style of mineralization within the workings of the Pickle Crow gold mine, occupying a near surface portion of a thick conglomerate unit. This newly identified target has significant near term exploration implications and will be tested during the current drill program. For a full pdf copy of the press release please click here. | | |
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