|By Marketwired .||
|July 8, 2014 01:43 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 07/08/14 -- Pacific Metals Corp. (OTCBB: PACM)(PINKSHEETS: PACM) and Pacific Gold Corp. (PINKSHEETS: PCFG)(OTCQB: PCFG).
The Company has completed its initial 43-101 report and may be summarized as follows:
The Graysill property consists of 40 unpatented mining claims totaling 800 acres located in Dolores and San Juan Counties Colorado. Stratabound uranium and vanadium mineralization is hosted in the Jurassic Entrada sandstone that outcrops on the south end of the claims and dips slightly to the north and underlies all of the staked mining claims.
Historic mining on the property took place on the property from the late 1940's through the early 1950's. Approximately 32,000 short tons of ore were mined with a reported grade of 2.41% vanadium pentoxide (V2O5) and 0.09% uranium oxide (U3O8). The 32,000 short tons of ore yielded approximately 1.5 million pounds of V2O5 and 52,000 pounds of U3O8.
The historic resources are contained within an area of drilling located down dip of historic mining activity consisting of 77 historic drill holes. Recent exploration activity on the Graysill Property consists of a radiometric survey and outcrop sampling.
The Company will now begin preparations for the next phase (Phase 4) of its initial development plan including a potential drilling program and further exploration activities to advance the Graysill project. The next goal of the Company will be to determine and initial resource estimate for the project.
PACM will require financing to begin further work at the Graysill project.
To find out more about Pacific Metals Corp. (OTCBB: PACM), visit the Company's website at www.pacificgoldcorp.com/pmet/ or contact the Company directly at 416-214-1483.
About the Company
Pacific Metals Corp., owns mining claims in San Juan and Delores Counties, Colorado, encompassing the historic Graysill Mine, believed to contain substantial quantities of Vanadium and Uranium. The Company is an approximately 75% owned subsidiary of Pacific Gold Corp.
This news release includes forward-looking statements that reflect Pacific Gold Corp.'s current expectations about its future results, performance, prospects and opportunities. Pacific Gold Corp. has tried to identify these forward-looking statements by using words and phrases such as "may", "will", "expects", "anticipates", "believes", "intends", "estimates", "should", "typical", "we are confident" or similar expressions. These forward-looking statements are based on information currently available to Pacific Gold Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2014 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.
Pacific Metals Corp.
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Oct. 25, 2016 12:00 PM EDT Reads: 2,656
Oct. 25, 2016 11:45 AM EDT Reads: 3,785
Oct. 25, 2016 11:45 AM EDT Reads: 2,047
Oct. 25, 2016 11:45 AM EDT Reads: 2,154
Oct. 25, 2016 11:42 AM EDT
Oct. 25, 2016 11:30 AM EDT Reads: 3,595
Oct. 25, 2016 11:30 AM EDT Reads: 2,007
Oct. 25, 2016 11:30 AM EDT Reads: 1,110
Oct. 25, 2016 11:15 AM EDT Reads: 3,915
Oct. 25, 2016 11:15 AM EDT Reads: 1,517
Oct. 25, 2016 11:15 AM EDT Reads: 3,641
Oct. 25, 2016 11:00 AM EDT Reads: 4,533
Oct. 25, 2016 11:00 AM EDT Reads: 3,674
Oct. 25, 2016 10:45 AM EDT Reads: 3,063
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...
Oct. 25, 2016 10:45 AM EDT Reads: 2,173