Just to wet your appetite while we are waiting for further news...

Just to wet your appetite while we are waiting for further news flow.

Vein estimates for Vein 22 and Vein 23 from PC Gold.  Vein 22 and 23 are outside the recently reported inferred resource.



Article from  September 2014

https://finance.yahoo.com/news/pc-g...tml?utm_source=dlvr.it&utm_medium=twitter

PC Gold Increases Pickle Crow Resource Based on Initial Resource Estimate for No. 22 and 23 Veins

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) as shown in Table 2. 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.

"This initial mineral resource estimate on the No. 22 and 23 veins confirms the potential for undiscovered high grade near surface mineralization at Pickle Crow. These veins closely resemble other Shaft 3 type veins which have produced over 500,000 ounces. Specifically they appear to be related to the historic No. 8 Vein which was mined from the 3000 foot (914m) to the 2350 foot level (716m). Over 500m of ground remains untested between the No. 22-23 Veins and the historic No. 8 Vein," said Peter Hooper, President and CEO of PC Gold. "The resource estimate on the No. 22 and 23 veins provides a potential source of shallow high grade feed for the onsite 225 tpd mill which will form the basis of a PEA planned for the first half of 2015".
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 (see PC Gold's press release dated January 11, 2012) and 878.69 g/t over 0.90 metres in hole PC-14-283 (see PC Gold's press release dated June 25, 2014) respectively.