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pershimco resources inc (RSPRF) Snapshot

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52 Week High
05/28/13 - $0.37
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04/22/13 - $0.27
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pershimco resources inc (RSPRF) Details

Pershimco Resources Inc. engages in the acquisition, exploration, evaluation, development, and operation of mining properties. The company explores for gold and silver ores, and base metals. It holds interests in various mining properties in Canada and South America, including the Cerro Quema project in Panama and the Courville Gold Project in the Val-d'Or Gold Mining Camp in Canada. Pershimco Resources Inc. is headquartered in Rouyn-Noranda, Canada.

pershimco resources inc (RSPRF) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$250.0K
Vice-President of Latin-America
Total Annual Compensation: C$147.2K
Vice-President of Exploration
Total Annual Compensation: C$185.3K
Compensation as of Fiscal Year 2013.

pershimco resources inc (RSPRF) Key Developments

Pershimco Appoints Pierre Monet as Chief Financial Officer

Pershimco Resources Inc. announced the appointment of Mr. Pierre Monet as the its Chief Financial Officer. Mr. Monet is a seasoned manager with 30 years of experience in finance working for private and public corporations. He has held different senior positions including more than 10 years in the mining sector. He was President and Chief Executive Officer of Malaga Inc., which had a tungsten mine in Peru; Vice-President Finance, Administration and Treasurer of Compagnie Minière IOC Inc.; and, Vice-President Finance of Produits Forestiers Alliance Inc.

Pershimco Resources Inc. Reports Outstanding Recovery Results from Metallurgical (Column) Tests on Cerro Quema, Panama

Pershimco Resources Inc. announced remarkable results from its ongoing metallurgical testing program of oxide mineralization from the company's Gold-Copper Cerro Quema project, in Panama. These results, detailed in the 'Report on Heap Leach Cyanidation Testing - Cerro Quema Composites,' continue to indicate that the Cerro Quema mineralization is amenable to standard continuous vat leach ('CVL') or heap leaching, with gold recoveries above the average found at comparable operational mines. Also, the deleterious elements present in the process were well below levels that would affect standard industry mineral processing practices. Highlights of the results of column testing of oxide composites: column Tests returned an average of 96.2 % gold recovery, 80% gold recovery is obtained within less than two weeks, Cyanide consumption was 'low to moderate' and deleterious elements present in the process were well below levels that would affect standard industry mineral processing practices. Overall metallurgical results show that the four Cerro Quema La Pava oxide composites tested were readily amenable to heap leach cyanidation treatment at the 100%-25mm feed size. The maximum gold recovery achieved from oxide composites at this feed size was 97.2%, the minimum was 93.8%, with an average recovery of 96.2% in 75 to 95 days of leaching and rinsing.

Pershimco Resources Inc. to Nominate Jorge Bande as Board Member

Pershimco Resources Inc. announced that at its AGM on September 20, 2013, the shareholders will be presented with the nomination of seven Board members, including Mr. Jorge Bande, former Codelco director. Mr. Bande recently retired this year, following 7 years as director of Codelco, where he previously also served as Vice-President of Development from 1990 to 1994. Jorge Bande holds a masters degree in Economics from the American University and teaches mineral economics in the graduate program of Universidad de Chile. He is Co-Founder and member of CESCO (Center for Copper and Mining Studies) and member of the Board of Directors of ICARE (national society for the advancement of principles, values and concepts within private companies) since 1984 and 2007 respectively, and IAM (Metropolitan Water Investment Group) since 2010. He is also a Board member of Cruz Blanca Salud since April 2013. His previous experiences further include his involvement on the Board of Directors of large utility companies such as Edelnor from 2006 to 2011, GNL Mejillones from 2007 to 2010, and Aguas Andinas from 2002 to 2010. Mr. Bande was CEO of the Leonor mining company from 2002 to 2006 and sat on the Board of Directors of El Tesoro mining company from 1996 to 2006 and Enami (National Mining Company) from 2000 to 2006.


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