Pacific Gold Corp fka PCFG

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Recent Financing, Equipment Delivered & Property Sale News


Pacific Gold Corp.-Financing Announcement


Pacific Gold Corp. (PINK SHEETS: PCFG) announced today that the Company has issued promissory notes to investors in exchange for approximately $500,000 USD.

The notes pay 10% interest and are due on December 31, 2013. The notes are convertible into common shares of Pacific Gold Corp. at a fixed price of $0.05 per share.

The Company is using the money raised from the notes for new equipment, preparation for production at the Black Rock Canyon Mine, updating SEC filings and audits, as well as for accounts payables.

Pacific Gold Corp., currently has 745,732,651 shares outstanding.




Pacific Gold Corp.-Black Rock Canyon Hy-G Equipment Delivered

Pacific Gold Corp. (PINK SHEETS: PCFG) announced today that the Company has received delivery of the 12 inch Hy-G concentrating unit, including a concentrating bowl and hopper, that was ordered in January.

The equipment is now on site and ready for installation. The new bowl should allow the gold room to increase gold recovery, operate more efficiently and reduce costs.

Pacific Gold Corp., currently has 745,732,651 shares outstanding.




PCFG News - 13Feb2011 - Black Fire Minerals (ASX:BFE) To Acquire Tungsten/Copper Project in USA

Asia Business News
Black Fire Minerals Limited (ASX:BFE) has entered into an agreement with Pacific Gold Corporation (PINK:PCFG) to acquire 100% of the advanced Pilot Mountain Tungsten-Copper Project in Nevada, USA. Project tenure covers significant tungsten, copper and silver mineralisation including the Desert Scheelite, Gunmetal and Garnet Deposits. The Company's initial Exploration Target for these three deposits is 7-9 million tonnes at 0.30- 0.37% WO3 and the exploration upside is excellent with all three deposits currently open and 11 further prospects identified within the project area.
Virax Holdings Limited (ASX:VHL) has signed a worldwide exclusive License Agreement with leading French biopharmaceutical company Transgene (EPA:TNG) for Virax to develop Transgene's TG1042, a clinical-stage skin cancer immunotherapy product. The worldwide Licensing Agreement is a major potential opportunity for Virax to develop the treatment of skin cancer in the Australian and global market. Virax plans to move rapidly to a clinical trial with TG1042 in Australia in 2011.
Southern Cross Goldfields Limited (ASX:SXG) reported excellent results from the recent drilling program at the Battler deposit in Western Australia. The drilling program is to confirm, and where possible, extend the current 37,500 ounces gold resource at Battler. Battler is just one of seven key oxide deposits that underpin the Company's production strategy. The company plans to build a 400,000tpa gold processing plant, targeting an initial production rate of 30,000 ounces per year over 5 years.
Prosperity Resources Limited (ASX:PSP) has commenced its first drilling program at Panton Luas Prospect in its Aceh Project in Indonesia. Previously trenching at Panton Luas recorded results including 15 metres at 6.71g/t gold, 6 metres at 2.7g/t gold and 15 metres at 3.10g/t gold. An ongoing drilling program is anticipated on the basis of successful results from this initial program.
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