|By Marketwired .||
|June 9, 2014 02:58 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 06/09/14 -- Pacific Metals Corp. (OTCBB: PACM)(PINKSHEETS: PACM) and Pacific Gold Corp. (OTC: PCFG)(PINKSHEETS: PCFG).
The Company has completed an acquisition of data regarding the mining claims held by the Company.
In exchange for 100,000 shares of common stock, the Company has acquired numerous maps, old drill log results and other data from a mining data base containing information produced by past Graysill area claim owners.
The Company has forwarded the material to its consulting geologist and expects the completion of its initial historic 43-101 report in the near future.
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.