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Pediment Exploration Ltd.

 
Hoover's Profile: Pediment Exploration Ltd.
 
(OTC:PEZGF) (Toronto:PEZ)
Contact Information
Pediment Exploration Ltd.
720-789 W. Pender St.
Vancouver, British Columbia V6C 1H2, Canada
Tel. 604-682-4418
Fax 604-669-0384

Type: Public
On the web: http://www.pedimentexploration.com
Employees: 14

Sure, you think a bunch of hard rock and dirt is an impediment to finding what you need underground, but, for some, it's an altogether different story. Pediment Exploration owns a number of gold and silver mining projects, none in production, in the Mexican state of Sonora. It has one other in Baja California Sur and acquired more properties there in 2008. Pediment is staking its claim, so to speak, on the idea that its Sonoran properties have been overlooked in the past and that the application of modern mining techniques will yield great results. The company likens the region to Nevada's lucrative Carlin Trend region, which has given companies like Barrick and Newmont huge gold reserves in decades past.

Key numbers for fiscal year ending September, 2008:
Sales: $0.0M
Net income: ($7.5)M

Officers:
Chairman: Chester F. Millar
President, CEO, and Director: Gary R. Freeman
COO and Geologist, Compañía Minera Pitalla: Alberto Orozco

Competitors:
Corex Gold
Peñoles
Zaruma Resources

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