PriceSensitive

Pershimex Resources (TSXV:PRO) receives approval to restore Pershing-Manitou Mine

Mining
TSXV:PRO
05 April 2022 13:45 (EDT)

Source: Pershimex.

Pershimex (PRO) has received Quebec government approval to restore the Pershing-Manitou Mine.

The plan will see the company extract an initial 5,000-ton sample of gold mineralized material.

Abcourt Mines will process the material at its Sleeping Giant Mill.

Last January’s mineral resource estimate confirms the presence of 9,200 tons grading 7.2 g/t gold totalling more than 2,000 ounces.

Pershimex has committed to removing and treating the mine’s mineralized waste rock as well as revegetating the site.

“The approval of the restoration plan by the Ministère de l’Energie et des Ressources Naturelles is the cornerstone for the completion of phase 2 of the corporation’s development plan,” stated Robert Gagnon, Pershimex’s President and CEO.

Pershimex is a Quebec-based junior mining company.

Pershimex (PRO) is unchanged trading at $0.04 per share as of 1:26 pm EST.

Related News