GREY:PCGLF - Post by User
Post by
ROUGHTRADER2on Feb 27, 2012 2:57pm
248 Views
Post# 19592935
New Drill Results @ the beginning of March
New Drill Results @ the beginning of March As stated in the PC gold news release, assay results will be released in the next week, and you can also talk to management at the PDAC Conference in Toronto. Do your due diligence and make inquiries at the booth.
The drills are turning in the same area where they encountered excellent results recently. I'm holding and accumulating shares with high expectations for more excellent results to come. Obviously, the majority of shareholders are holding tight too with long intentions. The PP does not dilute the number of outstanding shares too much and there is enough capital for drilling.
A 1600 m drilling program started last week at PC Gold's 100% owned Pickle Crow Gold Mine property in NW Ontario. The current program is designed to follow-up the recently announced high-grade intercepts in the No. 22 Vein, located 400 meters south of the No. 3 Shaft, which returned 444.38 g/t (12.96 oz/ton) over 1.50 metres at a depth of 24 metres below surface (see January 11, 2012 press release). To date four holes have been drilled, all successfully intersected the No. 22 Vein with 3 of the 4 holes returning visible gold. Preliminary assay results are expected in early March.