Oct 22, 2009 09:50:33 (ET)

LAS VEGAS, NV, Oct 22, 2009 (MARKETWIRE via COMTEX) -- Placer Gold
Corp. (PINKSHEETS: PGCR), the "Company," is securing new renewable
energy business opportunities.

PGCR is a 10% equity partner in a Joint Venture which recently lodged
a high-level proposal with the Michigan State Government to develop a
super-giant wind project in the Great Lakes region.

This project is of large enough scale as to provide very substantial
industrial and job growth in Detroit and Cleveland Cities and the
State. Construction jobs would last for 25 years. Net employment gain
of 100,000 is possible.

The Michigan clean power project would be completed in stages over a
25-year period, consisting of a number of connected wind-farms, each
with 5GW+ output.

Wind module construction timelines are much shorter than for
conventional power projects.

The project's capital cost is estimated at 1/4 that of a nuclear, coal
or conventional wind plant. The wind-fuel is free and forever.