Pershing Resources Company Inc. Stock Analysis PSGR

Pershing Resources Co., Inc. is a mineral exploration and development company, which focuses on the discovery of copper, gold, and silver mineral deposits in Arizona and Nevada. The company is headquartered in Reno, Nevada. The company went IPO on 2001-07-11. The firm is focused on the acquisition, exploration and development of copper, gold, and silver, projects in Arizona and Nevada. Its projects include Arizona Projects and Nevada Projects. The New Enterprise Project is the Company’s lead project and is situated within the Laramide porphyry copper province. The New Enterprise project includes around 175 unpatented mining claims totaling 3,615.5 acres of senior claim rights and includes four historical mine sites referred to as the: Enterprise, Jewell Tunnel, Century, and Standard Mines. Its four other Arizona projects include 100% mineral rights agreements with properties east and south of the New Enterprise Project and west and northwest of the Bagdad Mine and include a minimum of 100 unpatented mining claims totaling around 2,066 acres. The firm has 100% mineral rights agreements for the Klondyke, Divide, and West Bolo projects within the state of Nevada.