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Pershing Resources Company, Inc : Pershing Resources Amends Lease Terms of Klondyke, Divide and Hot Creek Parcel of its West Bolo Property Agreements

(0) 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

Pershing Resources Amends Lease Terms of Klondyke, Divide and Hot Creek Parcel of its West Bolo Property Agreements

Pershing Resources Amends Lease Terms of Klondyke, Divide and Hot Creek Parcel of its West Bolo Property Agreements
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Pershing Resources Company, Inc : Pershing Resources Terminates Tonopah SIN Earn-In Joint Venture Agreement

Pershing Resources Terminates Tonopah SIN Earn-In Joint Venture Agreement

Pershing Resources Terminates Tonopah SIN Earn-In Joint Venture Agreement ACCESSWIRE 05 May 2021, 00:05 GMT+10 RENO, NV / ACCESSWIRE / May 04, 2021 / Pershing Resources Company, Inc., ( Pershing or the Company ) (OTC PINK:PSGR) today announced that it has terminated the Earn-In Joint Venture agreement on the Tonopah SIN Property, effective April 9 th, 2021. The agreement was terminated with Donald J McDowell and William F. Matlack, who are now the current holders of the 20 unpatented claims that comprised the Tonopah SIN property, located south of Tonopah, Nevada. Under the terms of the termination agreement, Mr. McDowell and Mr. Matlack will retain the initial consideration payment for the earn-in rights of 3,770,000 shares of restricted s common stock of the Company. Following the termination of the agreement, the Company will not have any cash costs associated with or area of interest obligations regarding the 20 unpatented claims.

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