South Africa Herald » Pershing Resources Forms Strategic Alliance With America's Gold Exploration Inc.
April 18, 2019 10:41 pm You are here:Home Business Contracts Pershing Resources Forms Strategic Alliance With America's Gold Exploration Inc.
RENO, NV—(Marketwired – April 09, 2018) – Pershing Resources Company, Inc., (OTC PINK: PSGR) announced that it has signed a strategic alliance agreement with Reno based America's Gold Exploration Inc. Under the agreement America's Gold will provide exploration and project management consulting services to Pershing Resources. Pershing Resources will in turn provide fund raising and business consulting services to America's Gold.
The information contained in this press release as well as the information on the Company's website is provided solely for the reader's general knowledge. Such information is not intended to be a comprehensive review of all matters pertaining to the Company. Certain statements included herein and on the Company's website, constitute “forward–looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward–looking statements reflect management's current knowledge, assumptions, judgment and expectations regarding future performance or events. Although management believes that the expectations reflected in such statements are reasonable, these forward–looking statements are based on the beliefs of, assumptions made by, and information currently available to the Company's management. When used in this press release and on the Company's website, the words “estimate,” “project,” “believe,” “anticipate,” “intend,” “expect,” and similar expressions are intended to identify forward–looking statements. Such forward–looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance and/or achievements of the Company or of the gold mining industry in general to be materially different from future results, performance and/or achievements expressed or implied by those forward–looking statements. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include uncertainties related to fluctuations in gold, silver and other commodity prices, uncertainties relating to interpretation of drill results and the geology of the Company's properties, uncertainty of estimates of capital and operating costs, the need for cooperation of government agencies in the development of the Company's mineral projects, the need to obtain additional financing to develop the Company's mineral projects, the possibility of delay in development programs or in construction projects, and uncertainty of meeting anticipated program milestones for the Company's mineral projects.
The New Enterprise project is located between the Mineral Park Porphyry Cu–Mo mine (approximately 20 miles to the northwest) and the Baghdad Cu–Mo mine (approximately 45 miles to the southeast). The Company's other assets are comprised of mining properties in various stages of development located in the Western United States. As opportunities arise, the Company will seek to strengthen its balance sheet through acquisition of additional mineral rights and mining properties. Pershing Resources is committed to responsible mining practices and, we believe, is positioned to deliver sustained growth and performance for years to come.