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Pershimex Resources Corporation (PRO.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.0600-0.0050 (-7.69%)
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Neutralpattern detected
Previous Close0.0650
Open0.0600
Bid0.0550 x 0
Ask0.0600 x 0
Day's Range0.0600 - 0.0600
52 Week Range0.0400 - 0.1000
Volume1,000
Avg. Volume121,206
Market Cap7.986M
Beta (5Y Monthly)1.81
PE Ratio (TTM)60.00
EPS (TTM)0.0010
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Pershimex Intercepts 7 g / t Gold Over 10.1 Meters Below the Surface Pillar of the Former Pershing-Manitou Mine
    GlobeNewswire

    Pershimex Intercepts 7 g / t Gold Over 10.1 Meters Below the Surface Pillar of the Former Pershing-Manitou Mine

    Figure 1 Bulk Sample Projected Area VAL D'OR, Quebec, May 18, 2021 (GLOBE NEWSWIRE) -- Pershimex Resources Corporation ("Pershimex" or the "Company") (TSX VENTURE: PRO) is pleased to announce the first results of the drilling campaign carried out in the spring of 2021. The primary objective of this campaign was to confirm the continuity at depth of the mineralized zones contained in the surface pillar of the former Pershing-Manitou mine. A total of 12 holes were drilled for a total of 1,879 meters. Hole PM-21-03 intersected 7 g / t gold over 10.1 meters in a significant mineralized envelope grading 3.07 g / t gold over 25.4 meters. Hole PM-21-02 returned 1.59 g / t over 4.9 meters in a mineralized envelope grading 0.5 g / t gold over 28.3 meters. Holes PM-21-02 and PM-21-03 confirm a trend generally observed in the Abitibi gold deposits, namely an increase in depth in the gold grade and an increase in depth in the thickness of the zones mineralized. These holes were drilled on the same drilling site but with a different dip (- 63 and -73). They aimed to confirm the presence of gold mineralization at depth under the surface pillar of the former Pershing-Manitou mine (below 100 meters). Drill hole PM-21-02, from 145 to 175 meters deep, intersected an important mineralized section containing quartz veins and veinlets with a small amount of pyrite and only a few small spots of native gold. Exactly under this hole but at -73 degrees dip, hole PM-21-03 intersected the same mineralized envelope, but in a more intense way, with an increase in quartz veins and veinlets, as well as a marked increase in the pyrite content combined with an increase in the number of native gold grains. The first hole (PM-21-01) deviated sharply and was stopped. Despite the fact that it has almost exclusively intersected lithologies generally less favorable to the presence of gold mineralization (mafic volcanic), gold values were intercepted: 1.88 g / t gold over 1.4 meters. This is the first significant gold intersection at west of the old mine shaft and may correspond to the western extension of one of the mineralized structures. Table 1 shows the best gold intersections from holes PM-21-01, PM-21-02 and PM 21-03. Intersections do not represent the actual thickness of the mineralization. Figure 1 shows the section view of holes PM-21-02 and PM-21-03. Table 1: Mineralized intersections Holes#DDHFrom (m)To(m)Mineralized Envelope (g/t Au) From(m)To(m)Main Gold ZonesPM-21-01102.6104N/A102.61041.88 g/t Au@ 1.4 mPM-21-02144.71730.5 g/t Au @ 28.3 m144.7155.61.59 g/t Au @ 4.9 mPM-21-03150175.4 3.07 g/t Au @ 25.4 m164.6175.47 g/t Au @ 10.1 m Robert Gagnon, President and Chief Executive Officer of the Company, declares: We have confirmed with holes PM-21-02 and PM-21-03 the continuity of mineralization at depth under the surface pillar of the old mine Pershing-Manitou. In addition, there is clearly an increase in gold grades and the importance of mineralized envelopes at depth. Note that these holes will be included in the current resource calculation and will significantly increase the gold potential at depth of the old mine. In this sense, we wish to announce that Pershimex wants to be the first in Quebec to take advantage of the new amendment to article 69 of the Mining Act, which since March 2021, authorizes exploration companies to carry out bulk sampling not exceeding 5,000 tons. This press release was prepared by Robert Gagnon, a professional geologist and President of Pershimex, a qualified person under Regulation 43-101. Following an analytical quality assurance and control program, white samples and certified reference materials were added to the NQ-caliber half-carrot samples before being shipped and analyzed by the ALS CHEMEX laboratory in Val d'Or, Quebec using the pyro-analysis method. For more information, please contact : Robert Gagnon, PresidentTél.: (819) 825-2303 Warning The TSX Venture Exchange and its regulatory service provider (as expressed in the policies of the TSX Venture Exchange) assume no responsibility for the relevance or accuracy of the information contained in this press release. The facts in this press release that are not historical facts are "forward-looking statements" and readers are cautioned that such statements are not a guarantee of success and that future developments and results may differ from those projected in these forward-looking statements. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cabe853d-e46b-4cdb-ad3e-aab92dc8cbd9

  • Pershimex hires Rouillier Stratégie Marketing
    GlobeNewswire

    Pershimex hires Rouillier Stratégie Marketing

    VAL-D’OR, Québec, March 30, 2021 (GLOBE NEWSWIRE) -- Pershimex Resources Corporation (« Pershimex » or « the Company») (TSX Venture: PRO) announces that it has just retained the services of Manon Rouillier and his team Rouillier Stratégie Marketing to highlight the Company's activities. Rouillier Stratégie Marketing will act as the responsible of the communications for Pershimex in the future. The choice of Rouillier Stratégie Marketing was made based on the Manon Rouillier expertise in new communication media and its in-depth knowledge of the mining world and its players. About Rouillier Stratégie Marketing Founded in 2009, Rouillier Stratégie Marketing is well established throughout Quebec providing services to the mining and manufacturing industry. Rouillier Stratégie Marketing offers traditional and digital marketing strategies that also encompass communications. Its services go from social media animation to website creation to promotional campaigns. Rouillier Stratégie Marketing is also involved in its Miner Podcast, which features various industry players. Manon Rouillier is also the head of the Women in Mining branches of Abitibi-Témiscamingue and the City of Quebec. The Rouillier Stratégie Marketing mission is to increase the visibility of its customers to accelerate their growth and make them stand out from their competitors. Work update As announced in the last Press Release of February 24, 2021, drilling is under way in the less than 100 vertical meters under the former Pershing-Manitou mine where values of 33.3 g/t of gold over 6.6 m were intercepted during the last campaign (Press release of July 22, 2020). The first two holes of the 2021 campaign (PM-21-01 and PM-21-02) are completed for a total footage of 357 meters. Visually, the mineralized areas intercepted to date correspond to those observed last year in the previous holes. Robert Gagnon, President and CEO of the company, stated: "I had the opportunity to work with Manon Rouillier in the past, while I was active in the AEMQ. Pershimex's history and successes deserve more attention, and the Rouillier Stratégie Marketing teams know how to highlight these facts. The pandemic has greatly disrupted communication patterns and a strong presence on social media as well as other electronic platforms is the most effective way to make yourself known." This press release was prepared by Robert Gagnon, a professional geologist and president of Pershimex, a qualified person under Regulation 43-101. For more information, please contact: Robert Gagnon, President Tél.:(819) 825-2303 Connect to our live facebook live on this news, March 30, 12:30 p.m. https://www.facebook.com/Pershimex Warning The TSX Venture Exchange and its regulatory service provider (as expressed in the policies of the TSX Venture Exchange) assume no responsibility for the relevance or accuracy of the information contained in this press release. The facts in this press release that are not historical facts are "forward-looking statements" and readers are cautioned that such statements are not a guarantee of success and that future developments and results may differ from those projected in these forward-looking statements

  • Geophysics and Drilling Work Begin on Courville Property
    GlobeNewswire

    Geophysics and Drilling Work Begin on Courville Property

    VAL-D’OR, Quebec, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Pershimex Resources Corporation (« Pershimex » or « the Company ») (TSX Venture: PRO) announces that it has just signed a drilling contract with the company Forage Hébert from Amos. The new 2021 drilling campaign, with a minimum of 2,500 meters, is primarily aimed at increasing gold mineralization in the 100 vertical meters below the former Pershing-Manitou gold mine, where values of 33.3 g/t over 6.6 m were intercepted during the last campaign (Press release of July 22th, 2020). This new drilling campaign, which will begin in the week of March 3, will use a self-supporting drill to reduce the environmental impacts of the work. These works will confirm the lateral continuity of the gold mineralization below the mine surface crown pillar. The Company's goal is to define a high-grade gold envelope near the surface. Note that the surface crown pillar area is currently the subject of a resource calculation being calculated in accordance with Regulation 43-101 by 3D Geo-Solutions of Val-d'Or. Pershimex announces that it has just started microgravimetry and geo-radar work on its Courville property. The purpose of this work is to locate as accurately as possible the underground infrastructure of the former Pershing-Manitou mine. This information will optimize the pit shell design required for the calculation resources and the engineering related to the surface pillar extraction. The Company has therefore mandated Abitibi Geophysics of Val d'Or to carry out the surveys. These are contained in the immediate vicinity of the old mine and will use a high-precision configuration. The coupling of two geophysical methods is commonly used to maximize the quality of the information collected. Robert Gagnon, president and CEO of the Company stated: « The geophysics work we have just undertaken will allow us to confirm the position of the underground infrastructure and thus allow us to make significant progress in the evaluation work in progress. Following the completion of the geophysical surveys, drilling can begin, we expect work to begin on March 3. The Company is highly motivated and eager to start work with Forage Hébert, a pioneering company, using self-supporting drills to reduce the footprint of the survey work. » This press release was prepared by Robert Gagnon, a professional geologist and president of Pershimex, a qualified person under Regulation 43-101. For more information, please contact: Robert Gagnon, PresidentJacques Levesque, CFO Tél.: (819) 825-2303Tél: (819) 797-4354 Warning The TSX Venture Exchange and its regulatory service provider (as expressed in the policies of the TSX Venture Exchange) assume no responsibility for the relevance or accuracy of the information contained in this press release. The facts in this press release that are not historical facts are "forward-looking statements" and readers are cautioned that such statements are not a guarantee of success and that future developments and results may differ from those projected in these forward-looking statements.