Pershing Resources Outlines Exploration Plans in Arizona

Pershing Resources Company, Inc. has announced the renewal of its mineral rights for the Mohave and New Enterprise projects in Arizona. As of September, the company secured these rights through annual fee payments to the U.S. Bureau of Land Management, aiming to control these properties until September 2026. Joel Adams, COO, emphasized the focus on securing private funding for initial exploration phases that include drill tests.

The exploration strategy includes a three-phase program for the New Enterprise Project, estimated at $2.3M. Phase 1 includes field mapping and geophysics, while Phase 2 concentrates on initial drill testing. Phase 3 will assess the size and grade potential of identified areas.

Located between major copper-producing mines, the New Enterprise Property is strategically positioned within the Laramide Arc, a notable copper belt. Pershing intends to build value through disciplined technical work amidst a favorable commodity market.