THE NEWS RELEASE TO WHICH YOU REFER : http://
Post# of 1517
Posted On: 04/14/2015 11:15:15 AM
THE NEWS RELEASE TO WHICH YOU REFER :
http://ir.pershingpm.com/press-releases/detail/35
Pershing Resources Company Completes Extraction Testing Program
The Company Confirms Commercial Recovery Rates in Lab Scale Testing on Ore From the Marco Project and Begins Work on a Pilot Mill
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RENO, NV -- (Marketwired) -- 04/13/15 -- Pershing Resources Company (OTC PINK: PSGR) announced that it has completed an extraction and recovery testing program on ore from its Marco Project Claims in Northern Nevada. The extraction and recovery testing program was conducted by Simple Recovery Inc. and Copper State Analytical Laboratories in Prescott, Arizona. Lab testing yielded an average recovery rate of 0.416 ounces, (11.79 grams), of precious metals per ton of leached and heat processed ore. CSAL ran a number of tests on each sample to confirm recovery rates using different methods. The work took several months and was done to establish the most effective extraction process to incorporate into a mill circuit. Data regarding head ore assay values and extraction test results will be posted in coming weeks on the Company's website.
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Steve Plumb, Pershing Resources' CEO, stated, "The results from the lab further validate our head ore assays and we can now say that the Marco Project has strong potential as a commercial mining operation. The work performed for the Company by Simple Recovery and CSAL has yielded several processes to work with. We now have a preliminary production flow sheet and we have begun to acquire and assemble equipment for a pilot mill, on which, we will work to refine our costs and scale our production process.
............................
Mr. Plumb added, "We have now completed of Stage 1 of our initiative to get the Marco Project into production. It is important to note that the pace of our progress has been steady and based on solid data. We remain confident in our course and, focused on our efforts as we move on to Stage 2."
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<<<<<<<< End of P.R. Excerpt >>>>>>>>
(1) THIS COMPANY MEANS TO GO INTO PRODUCTION.
(2) ONCE FINAL ASSAY RESULTS ARE OFFICIAL and POSTED, Pershing will be pursuing opportunities to Capitalize this for production.
(3) . . . . rate of 0.416 ounces, (11.79 grams), of precious metals per ton . . . . ........ While this is not the final or official published result, this number is astonishing. ........ I anxiously await the reserve estimates we will be getting soon.
PSGR. ........ CHEAP NOW ! ........ Time to buy ?
Until
http://ir.pershingpm.com/press-releases/detail/35
Pershing Resources Company Completes Extraction Testing Program
The Company Confirms Commercial Recovery Rates in Lab Scale Testing on Ore From the Marco Project and Begins Work on a Pilot Mill
............................
RENO, NV -- (Marketwired) -- 04/13/15 -- Pershing Resources Company (OTC PINK: PSGR) announced that it has completed an extraction and recovery testing program on ore from its Marco Project Claims in Northern Nevada. The extraction and recovery testing program was conducted by Simple Recovery Inc. and Copper State Analytical Laboratories in Prescott, Arizona. Lab testing yielded an average recovery rate of 0.416 ounces, (11.79 grams), of precious metals per ton of leached and heat processed ore. CSAL ran a number of tests on each sample to confirm recovery rates using different methods. The work took several months and was done to establish the most effective extraction process to incorporate into a mill circuit. Data regarding head ore assay values and extraction test results will be posted in coming weeks on the Company's website.
............................
Steve Plumb, Pershing Resources' CEO, stated, "The results from the lab further validate our head ore assays and we can now say that the Marco Project has strong potential as a commercial mining operation. The work performed for the Company by Simple Recovery and CSAL has yielded several processes to work with. We now have a preliminary production flow sheet and we have begun to acquire and assemble equipment for a pilot mill, on which, we will work to refine our costs and scale our production process.
............................
Mr. Plumb added, "We have now completed of Stage 1 of our initiative to get the Marco Project into production. It is important to note that the pace of our progress has been steady and based on solid data. We remain confident in our course and, focused on our efforts as we move on to Stage 2."
............................
............................
<<<<<<<< End of P.R. Excerpt >>>>>>>>
(1) THIS COMPANY MEANS TO GO INTO PRODUCTION.
(2) ONCE FINAL ASSAY RESULTS ARE OFFICIAL and POSTED, Pershing will be pursuing opportunities to Capitalize this for production.
(3) . . . . rate of 0.416 ounces, (11.79 grams), of precious metals per ton . . . . ........ While this is not the final or official published result, this number is astonishing. ........ I anxiously await the reserve estimates we will be getting soon.
PSGR. ........ CHEAP NOW ! ........ Time to buy ?
Until
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