RENO, NV / ACCESSWIRE / July 22, 2024 / Pershing Resources Company Inc. ("Pershing Resources" or the "Company") (OTC PINK:PSGR) is pleased to announce that it has entered into an agreement to acquire a 100% interest in the Mohave Project (the "Project") located in Mohave County in northwestern Arizona. Project Highlights: Extensive well-developed low-sulphidation epithermal gold-silver vein complex and alteration system covering an area in excess of 2 sq miles or 6 sq kms.
| Specialized REITs Industry | Real Estate Sector | Mr. Stephen D. Plumb CPA CEO | OTC PINK Exchange | 715310108 CUSIP |
| US Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Pershing Resources Company, Inc., initially known as Xenolix Technologies, Inc., is a mining entity primarily engaged in the exploration and development of precious and base metals within the United States. With its incorporation in 1996 and headquarters in Reno, Nevada, the company focuses its activities in the states of Arizona and Nevada. Pershing Resources stands out for its commitment to discovering and developing significant gold, copper, and silver deposits. Its flagship project, the New Enterprise, located in Kingman, Arizona, is wholly owned by the company and represents a significant part of its portfolio. Alongside the New Enterprise project, Pershing Resources maintains interests in several other exploration properties scattered across Arizona and Nevada, highlighting its expansive geological footprint and strategic approach to mineral exploration.
The exploration and development activities of Pershing Resources Company, Inc. center around the following primary products and services:
The exploration for gold stands as a centerpiece of Pershing Resources' operations, with multiple projects, including the flagship New Enterprise project, designed to assess the potential for significant gold deposits. Their efforts in gold exploration aim at identifying commercially viable quantities of gold to support future mining operations.
Alongside gold, Pershing Resources dedicates considerable resources towards the discovery and development of copper deposits. Given copper's extensive use in electrical equipment, construction, and various industrial sectors, the company's copper exploration projects signify a strategic investment in a valuable and sought-after metal.
Silver exploration also plays a critical role in the company’s portfolio. Similar to gold and copper, silver has wide-ranging applications, especially in industries like electronics, solar panels, and jewelry, making it a lucrative target for mining operations. Pershing Resources' exploration activities aim at uncovering and developing silver deposits to cater to global demand.
In addition to their focused efforts on exploring for gold, copper, and silver, Pershing Resources invests in the overall development of its exploration properties. This includes not just the prospecting and initial discovery phases but also detailed geological surveying, feasibility studies, and preliminary development planning to ensure the potential for profitable mining operations.