Lease Agreement With Right To Purchase Mohave Project

RENO, NV - Pershing Resources Company Inc. has entered into an agreement to acquire interest in the Mohave Project located in Mohave County in northwestern Arizona.

"The Mohave Project represents an excellent exploration opportunity that the Company simply could not pass up" commented Patrick Burns, Director of Project Development. “The potential for near term production of gold and silver on this project is considered high and we look forward to systematically exploring the numerous historic gold and silver mineralized zones, many of which have never been recently evaluated. Finally, the large surficial expression of the mineralization and alteration, combined with relatively shallow drilling to date, suggests potential for additional mineralization at depth including not only increasing any Au and Ag resource, but for a mineralized porphyry intrusive target."