PC Gold Inc PKL:CA announced assay results from Central Pat East of its Pickle Crow Gold Mine in northwestern Ontario. Highlights include 0.42 g/t gold over 43.2 metres (including 5.81 g/t over 0.5 metres), 0.7 g/t over 137.5 metres (including 6.8 g/t over 1.2 metres) and 2.05 g/t over 35.7 metres (including 26.58 g/t over 1.5 metres).
President/CEO Kevin Keough commented, “We’re really excited by this discovery as it’s unlike anything we – or any previous operators – have ever drilled on the Pickle Crow property. It’s a very attractive gold target: large, wide open for expansion, near surface, and offering plenty of potential for generating a substantial resource. Better yet, it’s just 2 kilometres northwest and within easy reach of our Pickle Crow mine, and would be highly complementary to our development of that asset. We’re continuing to aggressively drill the Central Pat East discovery, supported by our strong balance sheet, including the proceeds of the $10 million financing we closed just a month ago.”
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Kevin M. Keough
by Ted Niles