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The Company Lowers NSR Royalty Buyout Costs Across Its Exploration Project Holdings in Nevada
RENO, NV / ACCESSWIRE / May 05, 2021 / Pershing Resources Company, Inc., ("Pershing" or the "Company") (OTC PINK:PSGR) today announced that it has amended the terms of the 100% mineral rights interest in its Klondyke and Divide properties as well as the Hot Creek parcel of the Company's West Bolo Gold and Silver properties located in Nevada. The amendments provide for comparable lease/purchase option agreements containing net smelter royalty (NSR) percentage obligations of 2% or less after takeaways for each of these properties. These amended terms are comparable to the previously amended mineral rights lease terms the Company negotiated with Americas Gold Exploration, Inc., for the Company's West Bolo property