43-101 2009 Technical Report On The San Antonio Project, Baja ...

PEDIMENT GOLD CORP.11. Exploration by Pitalla 2005 ‐ 200911.1. GeneralExploration work in the area started in 2005 with independent reviews completed by theauthor in conjunction with a structural and chemical focus of a three day on siteinterpretation by Stan Keith of Magmachem Exploration. Keith’s conclusions are quotedfrom the Magmachem web site as follows:Sonora-Baja California Mexico Peraluminous Gold Reconnaissance – Minera Pitalla,February 2004 to Present• Analysis of existing MagmaChem and Minera Pitalla data followed by a fieldreconnaissance has led to the conclusion of the presence of a major cluster ofperaluminous pluton related gold deposits associated with trench directed thrusting(westward) in southern Baja between La Paz and Cabo San Lucas and also in Sonoranorth and west of Caborca.• The Baja California cluster has a probable Mesquite or Muruntau type peraluminousgold (arsenic-thorium) porphyry affinity. Grade-tonne data for analog depositsindicates an excellent potential for giant size open-pittable gold deposits.• Minera Pitalla has acquired ground and is continuing follow-up on existing targetswithin their expanded land position(s).In early 2006 independent consulting geologist Stephens (2006) was contracted for threeweeks work to sample trenches and conduct localized soil sampling of areas of Las Colinasfrom which investigation a report was produced dated March 15, 2006. This report waslater revised with additional data dated March 15, 2007, by Melvin Herdrick, then Managerof Exploration of Pediment (Stephens and Herdrick). The revised report summarized theColinas gold mineralized area just prior to the start of drilling in 2007. Stephens, in thatprogram, supervised limited soil and rock geochemical sampling in the Emily, and Cirioconcessions and re-sampled four of the Echo Bay Exploration (“EBX”) trenches. Followingthat investigation an IP survey was undertaken by the geophysical contractor J. Reynolds ofDurango Geophysical Operations (DGO). Drilling was initiated in early 2007 and was doneconcurrent with the continuing IP survey.Subsequent site investigation by the author and other geologists have defined additionalmineralized areas in the Triunfo concessions of the ZRMN held by the CRM (ConsejoRecursos Minerales) a branch in the Dept. of Commerce of the Mexican FederalGovernment. This concession group with 6725 has. was announced as available forcompetitive bidding in June 2008 and was subsequently acquired by Pitalla in winning thebid process.