$PSGR As expected : PILOT PLANT TESTI
Post# of 1517
As expected :
PILOT PLANT TESTING
http://ir.pershingpm.com/press-releases/detail/37
I am drawing very nice forward-looking conclusions from this Press Release dated 06/30/2015 .
PARTIAL TEXT :
Pershing Resources Begins Pilot Mill Testing
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The Company Names Bill Earnshaw as Director of Projects and Head of Mill Operations
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RENO, NV -- (Marketwired) -- 06/30/15 -- Pershing Resources Company (OTC PINK: PSGR) announced that it has begun testing its pilot mill at a facility near Kingman Arizona. The Company took delivery of a sonification unit, crushing circuit and other equipment in early May and, has largely completed assembly of a pilot mill. Testing will take sixty to ninety days and will involve processing runs of 25 to 100 pounds at a time. Once testing and adjustments are complete the pilot mill's capacity can be scaled up to 1 ton per day and eventually increasing to 5 tons per day. The Company will report on yield results as warranted.
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Until2017