Pediment Gold Corp.

Pediment Gold Corp. has one discovery project and two brown-fields projects. The discovery project, San Antonio, hosts a Measured and Indicated Resource of 1.53 million oz gold and inferred 111,000 oz of gold; La Colorada hosts a historical gold resource and an underground high-grade vein potential. The company has a robust treasury of $15million and no debt, and has a solid and highly experienced management team.

Watch Jay Taylor Discuss Pediment Gold on BNN (1/25/10).

Click here to listen to Al Korelin (Korelin Economics Report) interview Pediment President Gary Freeman (11/3/09)

"The company's La Colorada project was the primary focus of exploration and drilling last year, with an aggressive 8,000-metre RC and DC drilling program announced last May to evaluate areas of near-surface gold mineralization for open-pit heap-leach potential, in addition to exploring extensions of vein-type, higher-grade gold mineralization. Notable results from the program include 24.39 metres of 1.83 g/t gold from the Veta Madre Zone, and 4.57 metres of 36.33 g/t gold and 83.97 g/t silver targeting the La Verde Zone. A revised measured and Indicated resource of 19.25 Mt @ 0.978 g/t Au & 8.30 g/t Ag and Inferred resource of 20:07 Mt @ 0.903 g/t Au & 9.59 g/t Ag (at 0.30 g/t Au cut-off) was released in December.

At the San Antonio project, Pediment released an updated resource estimate outlining a global measured and Indicated resource of 1.53 Moz Au (47.3 Mt grading 1.01 g/t Au) and an Inferred resource of 111,000 oz Au (5.4 Mt grading 0.637 g/t Au).

Look for pending assays from eight to nine holes at Veta Madre from the 2009 program, an extensive 8,000m RC and DC drill program at San Antonio (targeting three zones and infill drilling around the existing deposit) to commence in March. The Company also plans a $1.5–$2M program at La Colorada, with the details to follow.

With a Mexican focus, a large treasury, and aggressive drill programs on San Antonio and La Colorada, Pediment is well-placed for growth through resource expansion and corporate development."
    -CHRIS THOMPSON,   HAYWOOD SECURITIES (01/19/10)

"Pediment Gold Corp. also bounced up after it announced results from a drilling program at its La Colorada project in Mexico that was focused on confirming and expanding near-surface mineralization.

Drilling at the Veta Madre gold zone encountered numerous near-surface intercepts of gold mineralization. These included Hole 92, with 24.39 meters of 1.83 g/t gold and 12.4 g/t silver, and Hole 94, with 39.6 meters of 1.11 g/t gold and 2.68 g/t silver. Pediment says these holes are a good example of the project's potential for new gold zones.

Drilling at the La Verde gold zone, meanwhile, outlined a zone up to 12 meters wide along 400 meters of strike. Grades were generally moderate, but several holes have returned high grades near surface that may be incorporated in future resource estimates. These include Hole 57 with 93.05 g/t gold and 13.99 g/t gold in contiguous 1.52 meter samples.

At the Gran Central, La Colorada and El Creston pits, drilling has focused on confirmation of known zones, with an emphasis on near-surface mineralization. Holes 1 and 5 intersected the Gran Central gold vein, returning 22 meters of 1.93 g/t gold and 42 meters of 1.02 g/t gold respectively.

Pediment continues to advance its gold resources, with an eye toward going into production. That could happen, or the company could be scooped up by a mid-tier producer. Either way, this approach will guarantee the highest value for shareholders."
    -   Gold Newsletter (01/11/10)

"Shares of PEZ have made a nice run this past month as the company came out with their technical report on the Baja project.

In the report the company stated that San Antonio now has a 43-101 resource of 1.55 million ounces in the measured and indicated category with plenty more upside as certain drill holes that hit mineralization from last year were not included in this number.

In addition there are three primary targets the company would like to now test that could really bring the excitement back into our stock. I expect we will hear very shortly the plans the company has for drilling the Baja property in 2010. I think you will see a very aggressive drill program and one that should put a fire under our stock price. This is what the market wants from PEZ and what will really light a fire under our share price. I expect this will be a very good year for Pediment shareholders.

On top of this we still have the La Colorado situation that continues to develop on its own accord but which the company is getting little or no value in the current share price. Let me spell it out for you. The La Colorado project has 605,000 ounces that are in the measured and indicated category which could be put into production within 9 to 12 months from the word 'GO.' At current metal prices, this could be a profitable situation for PEZ with a quick payback of invested capital to get things going.

Between the two projects which are both in Mexico, we now have a company that has 2.8 million ounces of 43-101 compliant gold of which 2.2 million are in the measured and indicated category. With so few shares outstanding it shouldn't be hard to see why I have kept PEZ high on our TOP 10 List. Yes, 2009 was a strange year for the company, but one that moved our agenda forward in other ways that investors don't always see or understand. The company has the value that will reward patient shareholders particularly as gold prices continue to move higher. This year however, the company will put any naysayers to rest as we watch the share price climb to what I feel could be a new all-time high and a gold resource at San Antonio that could be on its way to 2 million plus ounces of gold.

Pediment remains a STRONG BUY at current levels."
    -   Mining Speculator (01/07/10)

"In general, I tend to like Mexico. . .I like Pediment Gold Corp. (PEZ:TSX; PEZGF:OTCBB; P5E:FSE)."
    -   The Gold Report Interview with Bob Moriarty (01/05/10)

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