PSGR Pershing Resources Company Inc (PK)

Pershing Resources (Pink Sheets: PSGR) is pleased to announce the completion of an Ore Processing Agreement between the Company and Pele Nevada, LLC.

Under the terms of the agreement Pershing will supply ore from its Marcos Property and Pele will provide processing through its permitted and licensed pilot plant in Sparks, Nevada.

All marketable precious metal concentrates and/or individual precious metals in addition to all strategic metals and Rare Earth Elements will be divided as per the contract terms.

The Company expects to begin work in the Pele facility in January, 2011.

Additional details may be found on the Company’s website @ www.pershingpm.com.

NOTE: A number of statements contained in this press release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties including but not limited to: competitive market conditions, successful integration of acquisitions, and the ability to secure additional sources of financing. The actual results that PSGR may achieve could differ materially from any forward-looking statements due to such risks and uncertainties.

All inquires can be made through the offices of Pershing Resources Company, Inc. at P.O. Box 341, Okemos, MI 48805-0341

Pershing Resources (PK) (USOTC:PSGR)
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