Pershimco Reports Additional Results 155m @ 0.46g/t Gold and 0.72% Copper' Shares Jump 16%

By Midnight Trader,  October 18, 2012, 11:18:19 AM EDT

Pershimco Resources Inc. (PRO.V) today announced recent drilling results at its 15,000 Ha 100% owned Cerro Quema property. This drilling was completed over the La Pava and Quemita/Quema deposits.

Significant intercepts from Diamond and Reverse Circulation ( RC ) drill results at the La Pava Deposit include:

- PDH-12033 returning 155m @ 0.46g/t Au and 0.72% Cu including 50m @ 1.52% Cu and 0.77g/t Au within the sulphide zone;

- PDH-12028 returned 45m @ 0.95% Cu and 0.17g/t Au within the sulphide zone;

- PRH-12159 returned 12m @ 2.80% Cu within a larger intercept of 56m @ 0.80%Cu and 0.11 g/t Au within the sulphide zone;

- PRH-12165 returned 11m @ 1.07g/t Au within the oxide zone; and

- PRH-12169 returned 15m @ 0.75g/t Au within the oxide zone.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: RC



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