Las Vegas, NV -- AmericanMiningTribune.com, a newssite launched to focused solely on mining companies operating in North America, has chosen to comment on the most recent news releases issued by and about Pengram Corp. (PNGM), at the end of 2012.
On October 31, 2012, Pengram released news regarding the exploration program conducted on its Clisbako Property located in British Columbia. Stakeholders and interested parties should be aware of the diligence that went into assuring the accuracy of the report identified in the release.
The person responsible for the work program on Clisbako was Jo Shearer, M Sc. P.Geo, a Qualified Person as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Also, the soil samples were submitted with standards, duplicates and blanks. Samples were analyzed by AGAT Laboratories, Mississauga, Ontario, using an Aqua Regia Digest. AGAT Laboratories is accredited by the Canadian Association for Laboratory Accreditation (CALA) and the Standards Council of Canada. AGAT is also accredited ISO:9001:2008 and IS/1EC 17025:2005.
In other words, this was a program and a report written to the highest standards and with utmost care.
November 12, 2012, saw Pengram announce results of soil and rock sampling on its Golden Snow property that looks to sit on trend, and down dip, of a high-grade gold discovery made by its neighbor. Although details are scarce, it seems the intention of the work program was to see if the trend extended onto Golden Snow. The investigating geological consultant recommended further exploration, and recommended the staking of additional claims adjacent to the property; speculation is rife that it bodes well for Pengram.
A warning was issued on November 13, 2012, to current and potential investors in PNGM stock regarding unsolicited emails. It made clear that investors were to rely only on newsreleases and the company’s website, and OTC Markets for information.
This is a prudent step for a company to take, especially once it starts to get a lot of buzz, and everyone with an agenda and a computer begins offering an opinion. After all, there aren’t very many publicly listed US based junior exploration companies who have not only conducted work on their property, but done it twice, and in a thoroughly thought out manner.
Finally, on November 27, 2012, as their last release of the year, PNGM released an interview with CEO, Richard Donaldson. Here, for the first time, current and potential stakeholders can hear from the CEO himself, management’s plans and intentions for the Company’s properties. There is perhaps no better information source about the potential of the properties Pengram Corp. has managed to acquire under its corporate umbrella.
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About Pengram Corp. (PNGM)
Pengram Corp. (PNGM) is an exploration-stage company. The Company is engaged in the acquisition and exploration of properties to search for gold mineralization in Canada and the United States. In Nevada, Pengram controls 116 claims covering approximately 3,456 acres. In Canada, PNGM controls 8,372 acres (3,388 hectares) in the Cariboo Mining District that has historically produced more than 3.8 million ounces of gold.
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