Welcome to the Pediment Gold website.
Our focus is to discover, explore and develop low cost gold assets in Mexico. Our main gold assets are the San Antonio gold project in Baja and the La Colorada gold project in Sonora, both of which are advanced stage gold projects.
In August 2010, Pediment announced the results of a positive Preliminary Assessment for the San Antonio gold project. The study demonstrates robust financial returns, and could be developed with a conventional truck and shovel fleet with mineral processing via proven heap leach technology. Please refer to the news release dated August 10, 2010 for more details of the Preliminary Assessment.
The current gold resource at San Antonio is 1.53 million oz measured and indicated and 111,000 oz inferred (Giroux, 2009). At La Colorada we have outlined an initial NI 43-101 compliant bulk tonnage gold resource estimate of 605,000 oz in the Measured and Indicated and an additional 582,000 oz in the Inferred category (Giroux, 2009).
The company is well funded, with a robust treasury of $10 million and no debt. With these key assets, additional exploration targets and a prudent acquisition strategy, we will continue to add value for our shareholders.
Our focus is to discover, explore and develop low cost gold assets in Mexico. Our main gold assets are the San Antonio gold project in Baja and the La Colorada gold project in Sonora, both of which are advanced stage gold projects.
In August 2010, Pediment announced the results of a positive Preliminary Assessment for the San Antonio gold project. The study demonstrates robust financial returns, and could be developed with a conventional truck and shovel fleet with mineral processing via proven heap leach technology. Please refer to the news release dated August 10, 2010 for more details of the Preliminary Assessment.
The current gold resource at San Antonio is 1.53 million oz measured and indicated and 111,000 oz inferred (Giroux, 2009). At La Colorada we have outlined an initial NI 43-101 compliant bulk tonnage gold resource estimate of 605,000 oz in the Measured and Indicated and an additional 582,000 oz in the Inferred category (Giroux, 2009).
The company is well funded, with a robust treasury of $10 million and no debt. With these key assets, additional exploration targets and a prudent acquisition strategy, we will continue to add value for our shareholders.
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NI 43-101 Technical Report
on Preliminary Assessment
| TSX: PEZ | |
| Last: | $1.51 |
| Volume: | 116192 |
| Change: | even |
| Date: | 09-02-2010 |