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Volume 25.0K
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pershimco resources inc (BIZ) Snapshot

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52 Week High
05/2/14 - €0.30
52 Week Low
01/2/15 - €0.09
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pershimco resources inc (BIZ) Details

Pershimco Resources Inc., together with its subsidiaries, acquires, explores, develops, and operates various mining properties in Canada and Latin America. The company explores for gold and copper metal deposits. Its principal property is the Cerro Quema project located in Panama. The company is headquartered in Rouyn-Noranda, Canada.

pershimco resources inc (BIZ) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$250.0K
Chief Financial Officer and Vice President of...
Total Annual Compensation: C$6.4K
Vice-President of Latin-America
Total Annual Compensation: C$204.4K
Vice-President of Exploration
Total Annual Compensation: C$240.2K
Compensation as of Fiscal Year 2014.

pershimco resources inc (BIZ) Key Developments

Pershimco Discovers New Gold-Copper-Molydenum Trend at Cerro Quema Project in Panama

Pershimco Resources Inc. announced that its ongoing reconnaissance exploration campaign has revealed a new copper (Cu)- gold (Au)- molybdenum(Mo) mineralized trend at the company's Cerro Quema Project in Panama. Surface sampling results have identified a new trend with porphyry-style Cu-Au-Mo mineralization and high sulphidation epithermal Au-Cu mineralization. During 2014, the exploration reconnaissance activities, conducted over partial sections of the company's 15,000 hectare concession package, have been focused on geological mapping, as well as stream sediment, rock and soil geochemical sampling. More than 3,000 reconnaissance samples covering less than half of the company's concession area have been collected and assayed for gold, silver, copper and 36 additional pathfinder elements. The newly discovered trend is oriented northwest-southeast, and crosses the known principal HS epithermal gold corridor which extend east-west. This approximately 7 km by 2 km trend, which is centered along the Quema-Idaida HS epithermal system, is characterized by elevated Cu-Au-Mo assay values.

Pershimco Resources Completes the Acquisition of All Surface Rights of Cerro Quema Project in Panama

Pershimco Resources completed the acquisition of all surface rights for a planned 10,000t/d throughput gold oxide plant at the Cerro Quema project in Panama.

Pershimco Resources Appoints Pierre Monet as Vice-President Finance and Chief Financial Officer

Pershimco Resources Inc. announced the appointment of Mr. Pierre Monet as Vice-President Finance and Chief Financial Officer of the company. Mr. Monet is an experienced manager with 30 years of experience in accounting and financing of private and public corporations. He has occupied different upper management positions including more than 20 years in the resources sector. He was namely President and Chief Executive Officer of Malaga Inc. which had a tungsten mine in Peru, Vice-President Finance, Administration and Treasurer of Iron Ore Company of Canada (IOC) and Vice-President Finance of Produits Forestiers Alliance Inc. Mr. Monet will now act as Vice-President Finance and remains Chief Financial Officer for the Company. As Pershimco is presently moving towards an important phase of project financing of its Cerro Quema project in Panama, he will contribute to the success of the project with his vast experience, his knowledge of the mining sector and his skills.


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