Source: Pershimex.
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  • Pershimex Resources Corporation (PRO) has awarded contracts for the extraction of a 5,000 ton bulk sample at the Courville Property in Quebec
  • The extraction will make easy to carry out metallurgical tests allowing for an accurate measurement of the actual gold content of the mineralized material
  • The extraction work will begin in September
  • Pershimex Resources Corp. is a Canadian exploration company
  • Pershimex Resources Corporation is unchanged, trading at $0.035 at 12:45 PM ET

Pershimex Resources (PRO) has awarded contracts for the extraction of a 5,000 tons bulk sample at the Courville Property in Quebec.

The Ministère de l’Énergie et des Ressources Naturelles (MERN) and the Ministère de l’Environment et de la lutte contre les changements climatiques (MELCC) have authorized the extraction of the bulk sample in order to carry out metallurgical tests that to determine the actual gold content of the mineralized material.

Groupe Minier Technica will carry out the extraction from Val-d’Or, an experienced mine contractor who has completed several successful bulk sample programs. The transport of the material from the Pershing-Manitou site to the Sleeping Giant processing plant will be provided by Hardy Construction.

This information will contribute to the development of the Pershing-Manitou deposit since it will optimize future development work.

The mineral resource estimate (ERM) carried out in 2022 by 3D Géo Solution inc. of Val-d’Or confirms the presence of 9,200 tons of mineralized material at a grade of 7.2 g/t gold for a total of 2,100 ounces of gold.

The bulk sample of 5,000 tons will be extracted from this category of material, classified as measured.

The extraction work will begin during the first week of September 2022. The preparations necessary for the proper conduct of the extraction work are currently underway on the site, an update will be made as soon as the first tons are extracted.

“Obtaining the necessary authorizations for the extraction of 5,000 tons of mineralized material marks an important phase in the development of the Courville project,” noted Robert Gagnon, President and Chief Executive Officer of the company.

“Two drilling campaigns have defined a measured category gold resource that will allow us to feed the Sleeping Giant plant and obtain the real grade of gold contained in the mineralized material and, the most important, to fix all the variables necessary to optimize the metallurgy of the project,” he added.

Pershimex Resources Corp is a Canadian exploration company engaged in the acquisition, assessment, exploration, and development of mineral properties.

Pershimex Resources Corporation is unchanged, trading at $0.035 at 12:45 PM ET.


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