Pediment Gold Corp is a junior mining company with a focus on the exploration and development of low-cost gold assets in Mexico. With an experienced team of geologists, financiers and miners, in management and on the board, the company is dedicated to advancing its projects.
Pediment was formed in 2005 through the reverse take-over of Minera Pitalla, a private Mexican company originally created by Mel Herdrick, a veteran Phelps Dodge geologist, who had assembled a portfolio of highly prospective gold projects in Sonora and Baja Sur. His vision was to explore high potential but underexplored regions of Mexico, which were hidden under shallow pediment cover.Vancouver-based entrepreneur Gary Freeman was instrumental in financing Pediment at its inception, and currently serves as President and CEO. Mr. Herdrick holds the position of Vice President of Exploration. To date, the company has outlined a (43-101 compliant; Giroux 2009) Measured and Indicated Resource of 1.53 million oz gold and an Inferred Resource of 111,000 oz of gold at San Antonio in Baja Sur. Pediment also established its initial (43-101 compliant; Giroux 2009) gold resource at the past producing La Colorada gold mine in Sonora with 605,000 oz of gold in the Measured and Indicated category and 582,000 oz of gold in the Inferred category.