Thursday 27th October 2016

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Pershimco reports Panama Gold Assays as high as 1.04 g/t over 127m

Pershimco Resources Inc PRO:CA announced results from its Cerro Quema Gold Project in Panama. Assays include 1.64 g/t gold over 49.8 metres (including 2.9 g/t over 16.3 metres), 1.41 g/t over 128 metres, 1.04 g/t over 127 metres (including 1.6 g/t over 48.8 metres), 1.19 g/t over 46.7 metres, 0.66 g/t over 137 metres (including 1.02 g/t over 76.2 metres), 1.07 g/t over 23.4 metres, 1.07 g/t over 51.8 metres and 0.95 g/t over 42.7 metres.

The Cerro Quema Project is located on the Azuero Peninsula in Los Santos Province of southwestern Panama, approximately 45 kilometres southwest of the city of Chitré, 190 kilometres southwest of Panama City.

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Alain Bureau

by Ted Niles

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