Pacific Gold Corp fka PCFG

[starfighter]

What we know about Q4 production so far.

From the Q3 report page 13. See highlited statements.

In the third quarter of 2011, the Company completed its work for recommencement of production at the Black Rock Canyon Mine. In August the Company agreed to take delivery, on a rental basis, of heavy equipment to commence mining; however operations were delayed due to the late arrival of many machines from the supplier which did not arrive until mid-September. In late August the Company was informed by the Nevada Division of Environmental Protection (“NDEP”) that it would be required to change the liner under the two previously approved geotextile tubes. This additional environmental requirement resulted in extra work which took time to complete and no production at the site was allowed by the NDEP until the additional work was finished. In the Quarter an accident occurred with one rental truck which caused an additional several day delay in production and a main pump failed which required a repair. The Company was also required by the NDEP to meet some very strict requirements for its construction of an additional 8 geotextile tubes that are required to properly run the mine. As a result many days in September and October were spent on repairs and construction of the geotextile tube field, and this required most of the mine and plant labor to participate. The Company is expecting NDEP approval to allow commencement of the use of the new tubes in the third week of November.


As a result of the above, during the third quarter the Company mined approximately 11,000 cubic yards of new gravels beginning in mid-September to the end of the quarter. The Company screened approximately 12,000 cubic yards, from the stockpile and newly mined gravels, in approximately 150 operating hours, producing approximately 50 ounces of gold.


From October 1st through November 14th the Company has mined and screened 12,750 and 8,000 cubic yards, respectively. The Company currently has approximately a 12,000 cubic yard stockpile of gravel to be screened for gold. The Company believes that it will be able to move operations to a more stable level during November.

For the third quarter we mined 50 oz of gold.

For the first six weeks we processed similar amounts of gravel as the entire 3rd quartr. This was while we were shut down for repairs and expansion of the geotube field.

For the last 6 weeks of the q4 we should have been able to work at actual mining about 200 hours. Wioth increased staff doing the work and processing higher grade gravel, not the sludge left over fromm 2006 we processed q3, we should have produced at least twice what we produced in the first six weeks of the quarter.

my guess for q4 production is between 100 and 150 ounces, with about 100 of it coming in December.