 |
|
 |
|
|
Welcome to Placer Gold Corp. "PGCR.PK" Placer Gold Corp. (Pink Sheets: PGCR) is a Gold exploration venture company, which is an 80% equity partner in a new large gold prospect - the ”Norton Sound Oceanic Placer Gold Project“.
Placer Gold and its JV partners intend to finance and develop two or more large-scale placer mines starting on the various granted State leases.
Denali Placer Gold Mine Expansion: The mine has a 1 million yards per year mining-processing plant already on site. The Company plans to upgrade the existing mine production equipment to a 60,000 ounces per year mining operation commencing in 2009, with estimated Gold production costs of $300/ounce. Tenements are fully permitted Claims with 500,000 ounce drill indicated placer resources.
Norton Sound Alaska Oceanic Placer Gold Mine: The company is finalizing plans to construct new large-scale suction-cutter gold dredges to produce 250,000 ounces in the next summer season. Norton Sound offshore placer gold grades are approximately 0.50 grams/M3 ($13.40/M3 at $835/oz; estimated from over 3,000 drill samples), which should result in Gold production costs of less than $200/ounce. The tenements are OCS 720 square mile Leases Application and 2,000 acre Granted State Waters Leases, with 1.5-10 million ounce placer Gold resource potential.
|
|
News
Arctic Oil & Gas Announces New Name and Trading Symbol: Placer Gold Corp. (OTC: PGCR) February 24, 2009
Arctic Oil and Gas Provides Update on Gold Projects Jan 14, 2009
Jan 07, 2009
Arctic Oil & Gas Corp. (AOAG) Alaska Placer Gold Mines Jan 02, 2009 | |
|
| ||||
Before printing this Website please consider if it is necessary to do so: the environment concerns us all.