PERSHING RESOURCES CO INC - PSGR STOCK NEWS

Pershing Resources has appointed Patrick J. Burns as the Director of Project Development. Burns will spearhead the company's Generative Exploration Program and advance the New Enterprise Property in Arizona. He will work closely with Neil D. Novak, Luis A. Vega, and Dr. Ed Walker. The company has acquired several prospects within a 50-square-mile area around the New Enterprise Project, which covers 11.84 square miles in the Maynard Mining District. The area includes four key exploration targets with historic copper porphyry-related mineralization. Pershing is analyzing geophysical data from a 2020-2021 survey covering 150 square miles to identify viable exploration targets.

Pershing Resources Company, Inc. (OTC PINK:PSGR) announces Patrick J Burns as a new independent director and Chair of the Technical Committee. With over 40 years of experience, Mr. Burns was directly involved in the discovery of the Escondida porphyry copper deposit, the world's largest producer of copper. He has extensive experience in management and director roles in publicly traded mining companies in Chile, Canada, and the US.

Pershing Resources pays annual maintenance fees to secure mineral rights for New Enterprise Project in Arizona, reviewing contractor bids and seeking private funding for exploration phases.

Pershing Resources Company (OTC PINK:PSGR) announced on September 6, 2022, that it has paid annual maintenance fees to the Bureau of Land Management to secure mineral rights for 367 mining claims covering 11.84 square miles until September 1, 2023. The claims are part of the New Enterprise Property, which includes four exploration targets with potential copper porphyry mineralization. A three-phase exploration program is planned, but additional funding is necessary. The project is strategically located between two historical copper mines, enhancing its potential.

Pershing Resources Company (OTC PINK:PSGR) announced a new SK-1300 Technical Report Summary for its New Enterprise Project in Arizona. The report recommends a three-phase exploration program to assess the potential for a copper porphyry-related mineral resource. It identifies previously untested targets and highlights a four-mile structural corridor with significant mineralization. The company must secure funding for exploration to validate the conceptual model proposed in the report.

Pershing Resources Company (OTC PINK:PSGR) announced the appointment of Neil D. Novak, P Geo., as its new Director of Exploration. Novak, who joined the company in 2016, will oversee exploration initiatives in Arizona and Nevada and report to the Board of Directors. With over 40 years of global experience in the junior resource sector, he brings a wealth of expertise, having held senior positions in multiple companies. The company focuses on its 100% owned New Enterprise Project, located near Kingman, Arizona, which lies within a significant copper mining trend.

Pershing Resources Company (OTC PINK: PSGR) has announced the completion of its 2021 Consolidated Financial Statements audit by UHY, LLP, an independent auditor. The audit adhered to GAAP standards and was conducted according to PCAOB guidelines. The audited financial statements are accessible via OTC Markets or the Company's corporate website. Pershing Resources focuses on precious and base metals exploration, particularly the New Enterprise Project in Arizona, part of a significant copper mining trend.

Pershing Resources (PSGR) announced the appointment of Harvey McKenzie as an independent director to its Board of Directors, effective January 1, 2022. McKenzie, a seasoned CPA with 40 years of experience in mineral resource and technology sectors, transitions from the Advisory Board and will also serve on the Audit Committee. Meanwhile, Stephen V. Savran, MD will retire from the Board after 13 years. CEO Steve Plumb expressed gratitude to Savran for his contributions and welcomed McKenzie, emphasizing the importance of his expertise for the company's future developments.