Welcome to the Pediment Gold website.
Our focus is to develop gold assets in Mexico. We are excited that our key assets, the San Antonio project in the Baja and the La Colorada project in Sonora, are moving towards production.
With a very successful drill program and the discovery of a gold zone, we reported our initial inferred mineral resource of 1.45 million ounces of gold at San Antonio. We also acquired La Colorada, a previously producing mine, with a historical resource of 600,000 oz (non NI 43-101 compliant) and high grade vein potential.
We have spent $11 million in the last three years on successful exploration. We have accumulated our resources at an approximate cost of only $3.50 per ounce.
We have a robust treasury of $15 million and have accomplished what all junior exploration companies have set out to do: Find Gold.
With these key developments, a prudent acquisition strategy and several exploration properties, we will continue to create value in our business, and we want you to be part of it.
| TSX: PEZ |
| Last: |
$0.82 |
| Volume: |
85050 |
| Change: |
+0.02 |
| Date: |
07-03-2009 |