Monday, May 31, 2010
Industry Watch: Al Korelin talks with Gary Freeman of Pediment Gold Corp.
Nationally syndicated radio show personality Al Korelin from the Korelin Economics Report hosts Industry Watch. For Monday May 31, 2010 Al chats with Gary Freeman, President and CEO of Pediment Gold Corp.
Pediment's focus is to discover, explore and develop low cost gold assets in Mexico. Its main gold assets are the San Antonio project in Baja and the La Colorada project in Sonora, both of which are advanced stage projects.
After a significant drill program at San Antonio in 2008, it was able to announce a Measured and Indicated Resource of 1.53 million oz and 111,000 oz Inferred of bulk tonnage gold (Giroux, 2009). At La Colorada Pediment has outlined an initial NI 43-101 compliant bulk tonnage resource estimate of 605,000 oz in the Measured and Indicated and an additional 582,000 oz in the Inferred category (Giroux, 2009).
The company is well funded, with a robust treasury of $12 million and no debt. With these key assets, additional exploration targets and a prudent acquisition strategy, it will continue to add value for its shareholders and accomplished what few junior companies are able to do: Find Gold.
For more information about Pediment Gold Corp. please visit: http://www.pedimentgold.com/s/Home.asp
To learn more about the Korelin Economics Report visit http://kereport.com
To learn more about Industry Watch with Al Korelin visit http://evenkeelmedia.com