Announcement • Sep 21
Pershing Resources Company, Inc. Re-Affirms Significant Land Position and Sets Plans for an Exploration Drilling Program on Its Wholly Owned New Enterprise Copper Project in Northern Arizona Pershing Resources Company, Inc. announced that, as of September 01, 2023, it has paid the US Bureau of Land Management ("BLM") annual maintenance fees to secure the mineral rights for it's 100% owned New Enterprise Property as well as four additional nearby exploration prospects in northern Arizona through September 3, 2024, constituting the New Enterprise Project. The New Enterprise Project covers 11.84 square miles, or 3,068 hectares, and is located in the Maynard Mining District near Kingman, Arizona. The property includes four key exploration targets with known copper porphyry-related mineralization that have never been drill tested to the knowledge of the Company and are located within a "structural corridor" four miles long and 0.4 miles wide. These areas of mineralization are discussed in the SK-1300 Technical Report Summary received in May of 2022, (the "Report") Current Technical Report: Pershing Resources Company, Inc. (PSGR) (pershingpm.com) With this BLM payment behind us, management is currently reviewing contractor bids and is working to secure private funding to complete Phases as outlined in the Report and adjusted for inflation. The conceptual exploration model outlined in the Report takes into consideration remote sensing products (airborne geophysics and photo-satellite imagery), that have through interpretation partially rendered overlapping alteration and structural patterns. These features are intriguing and have not been previously considered, they may have concluded the mineral resource potential of the New Enterprise Property. A three-phase exploration program has been outlined to better constrain the conceptual exploration model to determine the significance of the structural controlled mineralization. The New Enterprise Project area lies between the Mineral Park Mine, twenty miles to the northwest and the Bagdad Mine, forty-five miles to the southeast, both of which are within the copper producing Laramide Arc. Announcement • Jul 07
Pershing Resources Company, Inc. Appoints Patrick Burns to Its Advisory Board Pershing Resources Company, Inc., announce that Patrick J Burns has joined the Company's Advisory Board, effective immediately. Mr. Burns is a Canadian geologist with over 40 years' experience throughout the Caribbean, Central and South America, Mr. Burns was directly involved in the initial exploration and drilling that lead to the discovery of the Escondida porphyry copper deposit in Chile, as well as the Escondida Norte and Zaldivar deposits. The Escondida Mining Complex is the world's largest producer of copper. Additionally, Mr. Burns was the first Project Manager of all three projects. He is one of the senior discovery team members that authored the history of the discovery of the Escondida Porphyry Deposit, published as a chapter in Mining Latin America, (W.J. Wilkinson et al, copyright Springer Science + Business Media, Dordrecht,1986) Mr. Burns has been involved in management and director roles in numerous publicly traded mining companies in Chile, Canada and, the US throughout his career. He currently serves on the boards of World Copper Ltd, (WCUFF) and Norsemont Mining Inc., (NRRSF). Announcement • Apr 26
Pershing Resources Company, Inc. Appoints Neil D. Novak, (P. Geo.) as Director of Exploration Pershing Resources Company, Inc. announced that Neil D. Novak, P Geo. has been named "Director of Exploration" for the Company. Mr. Novak initially joined the Company' as an Advisor in 2016 and was invited to join the Board in March of 2018 as an Independent Director. Mr. Novak will now serve as an Officer of the Company and will continue to serve on the Company's Board of Directors, but not as an independent director. As Director of Exploration, Mr. Novak will oversee and co-manage exploration for the Company's current portfolio of exploration projects in Arizona and Nevada. In the Director of Exploration role, Mr. Novak will be responsible for the design and advancement of exploration programs and will advise the Company on any new acquisitions. Mr. Novak will report to the Board of Directors and will be working closely with Ed Walker Ph.D., P.Geo., the Company's independent geological consultant along with the rest of Pershing's Technical Team as Pershing advances their 100% owned New Enterprise Project near Kingman, Arizona. Mr. Novak is a senior executive and experienced Professional Geologist, with over four decades of international experience in the junior resource sector having worked on projects in North and South America, Europe, Africa and Asia. He has provided exploration management expertise in the role of senior officer for numerous junior resource companies, mostly in Canada. Mr. Novak is a professional geologist and is also President and Chief Executive Officer and Director of BWR Exploration Inc., (TSX.V: BWR), a Toronto based mineral exploration company with three projects in Canada. BWR's main exploration focus is a gold project in northeast Manitoba, along with two other base metal projects in Ontario and Quebec.