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UPDATE: PC Gold Climbs Almost 66% As Identifies High-Grade Vein at Pickle Crow

PC Gold Inc. (PKL.TO) has moved further away from year low 20 cents after climbing almost 66% to 36.5 cents at midday. It announced today that the 2011 fall drill program has identified a new high-grade vein at shallow depths in the Shaft 3 area at Pickle Crow.

The company said this shallow high-grade vein is located close to historical workings and is likely, with further drilling, to contribute additional resources to the Pickle Crow Mine.

PKL shares started the session trading at 26 cents a share. So far, 376 thousand shares were already traded.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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