TORONTO, March 4 /PRNewswire-FirstCall/ -- Pacific Gold Corp. (OTCBB: PCFG) announced today that it has entered into an extension agreement with Yorkville Advisors regarding the convertible notes that were due on February 26th, 2009. The extension agreement calls for the Maturity date of the notes to be extended to April 20th, 2009. After the extension, the remaining principal balance on the notes is approximately $101,887. About the Company Pacific Gold Corp.'s business plan provides for the acquisition and development of production-ready and in-production mining operations. The company is focused on alluvial gold and base metals operations located in western North America. Pacific Gold Corp. owns five operating subsidiaries: Nevada Rae Gold, Inc. ("Nevada Rae") owns and operates the Black Rock Canyon gold mine, located in north-central Nevada; Pilot Mountain Resources Inc. ("Pilot Mountain") owns Project W, a large tungsten based deposit in Nevada; Fernley Gold, Inc. ("Fernley Gold") acquired exclusive lease rights to mine the Lower Olinghouse Placers in north-western Nevada; Oregon Gold, Inc. ("Oregon Gold") owns the Bear Bench claims and Defiance mine, located in south-western Oregon; and Pacific Metals Corp. ("Pacific Metals") owns claims in San Juan and Delores Counties, Colorado, encompassing the historic Graysill Mine. 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 2008 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements. DATASOURCE: Pacific Gold Corp. CONTACT: To find out more about Pacific Gold Corp. (OTCBB: PCFG), visit the Company's website at http://www.pacificgoldcorp.com/. Or contact the Company directly at (416) 214-1483

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