Great Project

Gold Newsletter (03/27/2009)
"Pediment Exploration is another good company with good management. . .it's got a great project that's stuck in a nasty market.

Management is working hard to unstick the San Antonio gold project in Baja California Sur, Mexico. And for good reason. The nearly 37,000 meters of phase one drilling completed so far has outlined two large gold mineralized resources and pointed to potential for a connection between the zones.

The Los Planes Zone has an inferred resource of 1.30 million contained ounces of gold, while Las Colinas has an inferred resource of 150,000 ounces. What's more, Pediment has picked up attractive adjacent concessions in the El Triunfo property. The concessions extend over seven kilometers and cover high-grade gold and silver veins mined from the late 1800s to 1910."

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