Last C$0.05 CAD
Change Today 0.00 / 0.00%
Volume 10.0K
PKL On Other Exchanges
Symbol
Exchange
Venture
OTC US
Stuttgart
As of 12:07 PM 12/24/14 All times are local (Market data is delayed by at least 15 minutes).

pc gold inc (PKL) Snapshot

Open
C$0.05
Previous Close
C$0.05
Day High
C$0.05
Day Low
C$0.05
52 Week High
03/7/14 - C$0.09
52 Week Low
12/30/13 - C$0.03
Market Cap
5.1M
Average Volume 10 Days
265.7K
EPS TTM
--
Shares Outstanding
101.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PC GOLD INC (PKL)

Related News

No related news articles were found.

pc gold inc (PKL) Related Businessweek News

View More BusinessWeek News

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; and 8 patented and 21 unpatented mining claims totaling 4,106 hectares located adjacent to the Pickle Crow gold project in the Patricia Mining Division, 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 2014.

pc gold inc (PKL) Key Developments

PC Gold Inc., Annual General Meeting, Dec 16, 2014

PC Gold Inc., Annual General Meeting, Dec 16, 2014., at 11:00 US Eastern Standard Time. Location: offices of Wildeboer Dellelce LLP, Wildeboer Dellelce Place,. Agenda: To receive the annual financial statements of the corporation for the fiscal year ended June 30, 2014, together with the auditors' report thereon; to elect the directors of the Corporation; to appoint the auditors of the Corporation and to authorize the Board of Directors to fix the remuneration of the auditors; to consider and, if deemed appropriate, to approve, with or without variation, an ordinary resolution approving the Corporation's stock option plan, as more particularly described in the accompanying management information circular of the Corporation; and to transact such other business as may properly come before the Meeting or any adjournment thereof.

PC Gold Inc. Completes Acquisition of Mining Claims Near Pickle Crow Property in Ontario

Following a deal announced earlier in September, Metalcorp Ltd. announced that it completed the sale of 28 mining claims totaling 5,600 hectares to PC Gold Inc., located adjacent to the latter's Pickle Crow gold project in Ontario. Under the deal, PC Gold issued 6,000,000 common shares to Metalcorp and issued a promissory note to pay Metalcorp CAD 65,000 in cash over a three-year period. PC Gold has also agreed to pay Metalcorp CAD 1 million upon the start of any commercial production from the claims.

PC Gold Inc. Announces Result of an Initial Mineral Resource Estimate on the Pickle Crow Gold Property in Northwestern Ontario, Canada

PC Gold Inc. announced that as a result of an initial mineral resource estimate for the No. 22 and 23 veins located on the company's Pickle Crow gold property in northwestern Ontario, Canada. The underground high grade vein component of the inferred mineral resources on the property have now increased to 2,165,000 tones averaging 9.1 g/t Au for 637,000 ounces of contained gold (cut and diluted). The resource estimate for the No 22 and 23 veins was prepared by Fladgate Exploration Consulting Corporation (Fladgate) and audited by DKT Geosolutions (DKT) as an interim /internal update to the company's initial resource estimate for the Pickle Crow gold property (1.26 million ounces at 3.9 g/t Au) that was prepared by Fladgate and audited by Micon International Limited (Micon). A preliminary economic assessment (PEA) on the Pickle Crow project using the company's updated resource estimate is planned for the first half of 2015. The resource estimate for the No 22 and 23 veins is entirely classified as inferred and totals 153,000 tonnes averaging 7.6 g/t for 37,100 ounces of contained gold (cut and diluted). The resource estimate for the No 22 and 23 veins used a total of 58 PC Gold drill holes and 4 historic drill holes totaling 10,851 meters and 226 assays. Notably, the resource estimate includes 98,200 tonnes averaging 9.6 g/t for 30,300 ounces between surface and 150m depth where more than 80% of the drilling was carried out. The No. 22 and 23 veins were discovered by PC gold in 2011 and 2012 respectively. These two veins are located at surface within 400m of the No. 3 Shaft on the Pickle Crow property and were by previous operators as they are swamp covered and hosted in Confederation aged intermediate volcanic rocks long thought not to be prospective for high-grade Pickle Crow type veins. These two veins represent near surface high-grade ounces similar to was historically mined at Pickle Crow (1.45 million ounces at 16.14g/t). Similar to other Pickle Crow type veins, the No. 22 and 23 veins possess high grade shoots which contain a significant portion of the overall ounces within the vein. These were historically referred to as "jewellery boxes". At least one high grade shoot has been identified in both the No. 22 and 23 veins, which have returned up to 444.38 g/t over 1.50 metres in hole PC-11-251 and 878.69 g/t over 0.90 metres in hole PC-14-283 respectively. The updated mineral resource is restricted to the historical Pickle Crow mine proper and encompasses three areas (Shaft 1, Shaft 3, and Albany Shaft - all interconnected underground) totaling 19 separate mineralized zones, including banded iron formation "BIF" hosted, conduit-style (shear zone) hosted, and high-grade quartz vein hosted mineralization. The mineral resource does not include mineralized zones located away from the mine such as the Powder House and new Central Pat East discovery, which provide near term avenues for further expanding the total resources present on the property. The mineral resource extends from surface to a maximum depth of 1,500m at Shaft 1, 930m at Shaft 3, and 370m at the shallow Albany Shaft. Historically, prior operators at Pickle Crow focused only on the narrow high-grade veins using cut-and-fill mining techniques. These techniques, combined with the $35/oz price of gold then in effect, necessitated a very high (by current standards) cut-off grade of 8.57 g/t gold, resulting in abundant moderate and low-grade resources being left within and proximal to the historical workings. The much higher present day gold price and modern mining techniques allow for the potential economic extraction of these moderate and lower-grade resources, along with the remaining high-grade resources.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PKL:CN C$0.05 CAD 0.00

PKL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PKL.
View Industry Companies
 

Industry Analysis

PKL

Industry Average

Valuation PKL Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PC GOLD INC, please visit www.pcgold.ca. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.