Last C$0.08 CAD
Change Today 0.00 / 0.00%
Volume 147.3K
PKL On Other Exchanges
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Venture
OTC US
Stuttgart
As of 3:56 PM 07/11/14 All times are local (Market data is delayed by at least 15 minutes).

pc gold inc (PKL) Snapshot

Open
C$0.09
Previous Close
C$0.08
Day High
C$0.09
Day Low
C$0.08
52 Week High
03/7/14 - C$0.09
52 Week Low
10/22/13 - C$0.02
Market Cap
7.5M
Average Volume 10 Days
68.8K
EPS TTM
C$-0.02
Shares Outstanding
93.4M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
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Current Stock Chart for PC GOLD INC (PKL)

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pc gold inc (PKL) Details

PC Gold Inc., an exploration stage company, is engaged in the acquisition, exploration, and development of mineral properties, primarily gold in Canada. It principally holds a 100% interest in the Pickle Crow Property consisting of 4,117 hectares located to the northwest of Thunder Bay, Ontario. The company was founded in 2007 and is headquartered in Toronto, Canada.

Founded in 2007

pc gold inc (PKL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: C$48.0K
Compensation as of Fiscal Year 2013.

pc gold inc (PKL) Key Developments

PC Gold Inc. Reports Results for an Additional Six Holes from the 21 Hole 2014 Spring Drill Program

PC Gold Inc. reported results for an additional six holes from the 21 hole 2014 spring drill program. Assay results from the remaining 12 holes are pending and are expected to be returned within the next few weeks. The current drill program is targeting the shallow No. 22 and 23 veins. The Objective of this program is to prove up sufficient near-surface resources which will allow the company to finalize an economic study evaluating the viability of commissioning the onsite 225 ton per day mill. The Pickle Crow property currently hosts a 1.26 million ounce NI 43-101 inferred gold resource (10,150,000 tones averaging 3.9 g/t gold). This includes a higher grade underground component comprising 1.1 million ounces averaging 5.4 g/t gold, including a high grade vein component of 600,000 ounces averaging 9.3 g/t gold.

Pc Gold Inc. Reports Results for the First Three Holes of the 2014 Spring Drill Program

PC Gold Inc. reported results for the first three holes of the 2014 spring drill program. Assay results from the remaining holes are pending and are expected to be returned within the next few weeks. No. 23 Vein Highlights: 878.69 g/t gold over 0.90 meters (25.63 oz/ton over 3 feet) in hole PC-14-283 from 65.89 to 66.79 meters; 10.60 g/t gold over 5.55 meters (0.31 oz/ton over 18.2 feet), in hole PC-14-283 from 71.45 to 77.00 meters, including 83.48 g/t gold over 0.55 metres (2.43 oz/ton over 1.8 feet); Hole PC-14-283 returned an impressive intercept of 878.69 g/t over 0.90 meters from the No. 23 Vein. This is the high assay on the property since the fall of 2011 when PC Gold intercepted 444.38 g/t gold over 1.50 metres (including 1,325.73 g/t over 0.5 meters) on the No. 22 Vein. This new high grade intercept on the No. 23 vein is located approximately 60 meters below surface. The current drill program is targeting the shallow No. 22 and 23 veins. The objective of this program is to prove up sufficient near-surface resources which will allow the Company to finalize an economic study evaluating the viability of commissioning the onsite 225 ton per day mill. The Pickle Crow property currently hosts a 1.26 million ounce NI 43-101 inferred gold resource (10,150,000 tones averaging 3.9 g/t gold). This includes a higher grade underground component comprising 1.1 million ounces averaging 5.4 g/t gold, including a high grade vein component of 600,000 ounces averaging 9.3 g/t gold.

PC Gold Inc. Enters into Mineral Claim and Option Purchase Agreement with GoldON Resources Ltd

PC Gold Inc. announced that it has entered into a mineral claim and option purchase agreement with GoldON Resources Ltd. to purchase 38 mining claims from the Vendor and to assume all of the Vendor's rights, interest and obligations under an option agreement between the Vendor and an arm's length third party in respect of an additional 5 mining claims. All of the mining claims totaling 6,480 hectares are located adjacent to the Company's Pickle Crow gold project in the Patricia Mining Division, Ontario. The newly purchased claims cover key ground between the past producing Pickle Crow mine (1.45 million ounces at 16.14g/t) and the Central Patricia mine (0.65 million ounces at 13.03g/t). The new claims also cover ground adjacent to the past producing Dona Lake mine (0.22 million ounces at 8.23g/t). Under the terms of the Option Agreement, PC Gold will have an exclusive option to acquire a 100% interest in and to the Optioned Claims, subject to a 2% net smelter royalty, upon payments to the option or of $15,000 on or before March 28, 2015, $20,000 on or before March 28, 2016 and $20,000 on or before March 28, 2017. Certain of the Owned Claims are subject to either a 2% or 3% net smelter royalty payable to arm's length third parties.

 

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