$PSGR DANG!!! The current Press Release reminds me
Post# of 1517
PERSHING RESOURCES COMPANY EXPANDS PRECIOUS METALS SAMPLING PROGRAM AND INCREASES ITS CLAIMS ON THE MARCO PROJECT
Download as PDFFEBRUARY 19, 2015
RENO, Nev., Feb. 19, 2015 /PRNewswire/ -- Pershing Resources Company, (OTC Pink: PSGR), announced it has expanded its precious metals exploration and sampling program to re-establish the ore body on its Marco Project in Nevada. Using new technology, initial analysis shows surface values of gold and other precious metals on the property. One pre-existing drill hole was also tested and showed matching values to depth of 380 feet. A second pre-existing drill hole of similar depth was discovered some distance from the first. The second drill hole was also tested and showed matching values to a similar depth. These results now re-confirm Pershing Resources' late and former CEO Dan Wright's years of work on this ore deposit.
The Company has hired an independent contractor to sample additional locations on the property as well as to isolate a viable method for recovery which can be tested on a pilot scale. Assay results, thus far, have been promising. These results have led the Company to increase the number of mining claims it now holds from 44 to 55 on the mine site. The increase in claim holdings reflects management's confidence in the commercial viability of the Marco Project.
The Company also announced that David Jordan, and Joel Adams have joined the board of directors. Mr. Jordan and Mr. Adams have been investors in Pershing Resources Company since 1998. Their addition to the board brings the number of directors to five and will help the Company put greater focus on procuring capital and driving the Company's development and progress. The Company has updated and reinitiated its OTC stock listing and launched a redesigned and updated corporate website at www.pershingpm.com.
WHAT EVER HAPPENED TO THIS BIG TIME PROJECT????? How about all of the other Nevada mine claims????? Yeah, I know....it takes a lot of money to get the ball rolling. Ya gotta wonder why, after about 25 years of Zip, Zero, Nada, at all of the mine claims (sites) $2-1/2 Million is gonna get this snoozer off the ground. YEAH!!! I am hopeful that after almost 25 years of buying mine claims something will happen before I croak.....but I am not betting on it.