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Quebec Government Approval of Restoration Plan to Extract 5,000 Tonnes of Bulk Samples at Canadian Business Journal’s Pershing-Manitou Site

Val-d’Or, Quebec, April 5, 2022 (GLOBE NEWSWIRE) — Pershimex Resources Corporation (“Pershimex” or “The Company”) (TSX Venture: PRO) has announced that it has been approved by the Ministère de l’Energie et des Ressources Naturelles du Québec for a restoration plan for the Pershing-Manitou mine site. June 2021. The plan submitted by Pershimex is simple and rigorous. In particular, according to current environmental standards, 5,000 tonnes of measured gold mine mineral samples can be safely extracted. The Mineral Resources Estimate (MRE) submitted in January last year is The measured grade of gold resources is 9,200 tonnes, which grades 7.2 g / t of gold to a total of over 2,000 ounces. The mineralized zone is on the surface and is already exposed, resulting in trenches and fences (see Figure 1 below).

Following an agreement with Abcourt Mines Inc., the mineralized material will be processed in the Sleeping Giant Mill, a gold plant that perfectly matches the type of material presented at the Pershing-Manitou mining site.

Pershimex has confirmed that the agreement with Abcourt Mines Inc.’s management remains valid despite the recent announcement of changes to Abcourt Mines Inc.’s management. In fact, Pershimex’s board member, Pascal Hamelin, was recently appointed Chief Executive Officer. Abcourt Mines Inc.

Robert Gagneon, President and Chief Executive Officer of Kosha, said: “The ministry’s approval of the restoration plan is the basis for completing Phase 2 of Kosha’s development plan. Other permits required for bulk sampling are subject to this approval. Mineralized material from the Pershing-Manitou site. Processing is performed on the Sleeping Giant Mill owned by Abcourt Mines Inc. “

We would like to take this opportunity to congratulate Pascal Hamelin, Director of Pershimex, as the new Chief Executive Officer of Abcourt Mines Inc.

This press release was produced by Robert Gagnon, a professional geologist and president of Pershimex, a qualified NI 43-101.

For more information, please contact:
Robert Gagneon, President Jacques Brunelle, VP Corporate Dev.
Tell: (819) 825-2303 Tell: (819) 856-1387

caveat

Neither the TSX Venture Exchange nor its regulatory service provider (the term is defined in the TSX Venture Exchange Policy) is responsible for the validity or accuracy of the information contained in this press release.

The non-past facts contained in this press release are “forward-looking statements,” and the reader is not warranting that such statements are successful, and future developments and results are such future. Please note that the outlook statement may differ from what is expected.

Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/15cef805-672d-4c45-8831-2164e050e50e.


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Quebec Government Approval of Restoration Plan to Extract 5,000 Tonnes of Bulk Samples at Canadian Business Journal’s Pershing-Manitou Site

Source link Quebec Government Approval of Restoration Plan to Extract 5,000 Tonnes of Bulk Samples at Canadian Business Journal’s Pershing-Manitou Site

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