UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month ofSeptember, 2004
Commission File Number000-50112
Pan American Gold Corporation
(Translation of registrant’s name into English)
Suite 601 — 750 West Pender Street, Vancouver, British Columbia V6C 2T7
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) [ ]
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) [ ]
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes [ ] No [X]
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82 — [ ]
Pan American Gold Corporation
News Release
September 8, 2004 | (PNAMF:OTC:BB) |
PAN AMERICAN MOBILIZES DRILL RIG TO KINSLEY MOUNTAIN
Vancouver, BC — Pan American Gold Corp. (PNAMF:OTC:BB) is pleased to announce that it has mobilized a drill rig to its Kinsley Mountain Property to start drill testing on the property. The Kinsley Mountain Property is located in northeastern Nevada about 45 miles southwest of the town of Wendover. Pan American has an option to earn a 60% interest in the property by completing a bankable feasibility study.
An open pit gold mine with a heap leach process facility was operated by Alta Gold during the 1990‘s when Kinsley Mountain produced over 135,000 ounces of gold. Gold production stopped at Kinsley in 1998 when the mine closed. The Kinsley Mountain gold deposit is a Carlin-type gold deposit with gold hosted in Paleozoic carbonate sedimentary rocks. Carlin-type gold deposits in northeastern Nevada have produced more than 75 million ounces of gold in last twenty years with new world class discoveries continuing to be made.
Pan American’s drill program will test both oxide and sulfide targets 1) beneath the existing open pits, 2) in areas of known anomalous gold values in soil, and 3) in areas identified from a newly completed magnetic and VLF geophysical survey. In addition to testing for Carlin-type deposits, the Company will drill test for high grade Meikle-type gold breccia bodies. The Meikle gold deposit located near Carlin, Nevada operated by Barrick Gold is an underground gold mine that produced 551,664 ounces of gold at cash cost of $253 per ounce in 2003. Drill holes are designed to test targets to depths of up to 1200 feet.
The Company’s President Richard Bachman stated, “We are pleased that the Kinsley drill program has started and we are looking forward to reporting the results in the months to come. We believe that testing in areas of known gold mineralization and historic gold production increases the probability of discovery. The Company continues to believe that aggressive exploration of its properties holds the potential to produce significant value for our shareholders through discovery of new gold deposits.”
Notice Regarding Forward Looking Statements
This news release contains “forward-looking statements”, as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, statements regarding potential mineralization and reserves, exploration results, development or production programs, and future plans and objectives of Pan American Gold Corporation. Actual results relating to, among other things, reserves, results of exploration, capital costs, drilling programs and mine production costs could differ materially from those currently anticipated in such forward-looking statements. Factors affecting forward-looking statements include: the speculative nature of mining exploration and development activities; changes in ore reserve estimates; the productivity of Pan American Gold Corporation’s mining properties; changes in the operating costs; changes in economic conditions and conditions in the precious metals, foreign exchange and other financial markets; changes in the prices for precious metals or other minerals Pan American Gold Corporation develops or produces; changes in investment and exploration expenditure levels; litigation; legislation; environmental, judicial, regulatory, political and competitive developments in areas in which Pan American Gold Corporation operates; technological, mechanical and operational difficulties encountered in connection with Pan American Gold Corporation’s mining activities; and labour relation matters and costs. You should refer to the risk disclosures set out in our annual report and other disclosure documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Pan American Gold Corporation
/s/ Greg Burnett
Greg Burnett, Director
Date: September 8, 2004