Pacific Gold Corp. (OTC Pink:PCFG) announced that Pacific Metals Corp., its subsidiary, is set to begin a four-phase research and field work program at the Graysill Mine.
As quoted in the press release:
The production history of the Graysill Mine is known to have produced vanadium and byproduct uranium during an approximately twenty year period after World War II. Before the mine ceased production, approximately 32,000 tons of ore were mined with a reported grade of 2.41% vanadium pentoxide and 0.09% uranium oxide. The Company believes that there may be a currently known resource of up to 400,000 tons with further exploration potential.