Replies to post #81705 on Pacific Gold Corp fka PCFG

[rocco2]

yes

[TRAPPER JIM]

PCFGs subsidiary Fernley Gold owns the Butcher Boy claims
http://www.pacificgoldcorp.com/news101123.html
Fernley Gold, Inc.

Fernley Gold Inc., entered into a lease agreement in 2004 for the right to mine 36 claims covering 640 acres of the Lower Olinghouse Placers. The claims are known as Butcher Boy and Teddy, and are located approximately 34 miles east of Reno, Nevada just off Interstate 80. The Butcher Boy and Teddy Claims contain an estimated 445,000 ounces of gold contained in approximately 30,000,000 cubic yards of alluvial gravels. The average grade is 0.4 grams per cubic yard. In 2009 Fernley Gold filed its initial mining plan of operations with the BLM which began the permitting process.

2011 Planning

The Company had an initial scoping meeting with the NDEP and BLM in late 2010 and plans to continue the permitting process in 2011.
Financial Summary
The Company plans to begin gold production at Black Rock Canyon in 2011 in a range of 6,000 to 12,000 ounces per year in 2011. In 2012 the Company plans to increase production at Black Rock Canyon to between 12,000-24,000 ounces per year. In 2013 the Company plans to begin mining at Fernley Gold at a rate of approximately 10,000 ounces a year and increasing to 20,000 ounces per year in 2014. Total company wide gold production is planned to be approximately in the range of 32,000 to 44,000 ounces per year by the end of 2014. There can be no assurance as to production rates or profitability from these estimates.

I will also say this that the company is behind on where they would like to be with the permit status of this operation.From what Ive found out from contacting them.They are focused on the current operations at the Nevada Rae mine.