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  Pediment Gold Corp.  

TICKER:  TSX:PEZ; OTCBB:PEZGF; FSE:P5E   

DESCRIPTION:  Pediment Gold Corp. has one discovery project and two brown-fields projects. The discovery project, San Antonio, hosts a Measured and Indicated Resource of 1.53 million oz gold and inferred 111,000 oz of gold; La Colorada hosts a historical gold resource and an underground high-grade vein potential. The company has a robust treasury of $15million and no debt, and has a solid and highly experienced management team.

Watch Jay Taylor Discuss Pediment Gold on BNN (1/25/10).
Click here to listen to Al Korelin (Korelin Economics Report) interview Pediment President Gary Freeman (11/3/09)
Jay Taylor gets an update on Pediment Gold from Gary Freeman, Director and President. (10/20/09)

WEBSITE:  http://www.pedimentgold.com/s/Home.asp
MD&A Q1-09   Finl Stmt. Q1-09

The information below is based on the most recent information we have received from analysts and the companies participating in The Gold Report. We encourage you to visit the company's web site for updates.
"Pediment Gold spent two years negotiating with surface rights owners across its vast Baja Peninsula concessions, called the San Antonio Project and got the majority of property rights owners to accept payment for their parcels.

The ejido payoff is now. Pediment VP of Exploration and Geologist Mel Herdrick and a tight team of young negotiators got 133 of the 145 ejido property rights owners for the San Antonio gold property to sign on the line.

The San Antonio project, in my recent visit, appears to offer the prospect of an entire district for gold mining on the Baja California peninsula. Pediment controls mineral rights for concessions surrounding nearly all of San Antonio, CEO Gary Freeman says.

Mel Herdrick, back home this week in Hermosillo on the Mexico mainland, is in the midst of a second gold and silver project, (see details via Stockhouse) for Pediment Gold's La Colorada concession about an hour or less from the Sonoran city.

'It is always good to have them on your side – the ejido community,' CEO Freeman says about those who have long-standing property rights thanks to government agrarian reforms. (The Mexican Government owns mineral rights; individuals and communities own surface and water rights.)

The ejidos are becoming central to Canadian miners' efforts to move it along when it comes to silver and gold assets."

    -   Stockhouse, Thom Calandra (12/21/09)

". . .Currently, PEZ is working on mapping and sampling on their Baja project getting ready to select drill targets for their upcoming drill program, which should commence in about two months. The company will be concentrating on building more ounces on the Baja project by drilling the El Triumpho zone and the area between the Las Colinas and the Los Planos zones.

The San Antonio project in the Baja is a world-class asset that is getting the attention of other companies, which could provide for a buyout at some point or the combination of two junior companies. The market is demanding gold projects with big potential and San Antonio certainly looks like it has the goods. As retail investors we never know what is going on behind the scenes until an announcement is made, but it is becoming obvious in the industry that mergers and acquisitions are coming to the forefront. Companies that have the right projects in the right areas will get the most attention and PEZ seems to have the right mix that companies with money are looking for.

I would also say that we could see activity where two good junior mining companies merge together to form an even stronger company. I believe this is where the market is heading in the next few years and believe that assets like PEZ has will be in high demand for mergers and acquisitions.

Pediment remains a STRONG BUY at current levels."

    -   Mining Speculator (02/28/10)

"The chart for Pediment Gold Corp. is a favorable picture with the overall trend up and bullishly aligned moving average. The volume pattern is positive and it is no longer overbought after its recent reaction. Should gold break out upside it is in a good position to stage a substantial rally from this point."
    -   The Gold Report Interview with Clive Maund (02/17/10)

"The company's La Colorada project was the primary focus of exploration and drilling last year, with an aggressive 8,000-metre RC and DC drilling program announced last May to evaluate areas of near-surface gold mineralization for open-pit heap-leach potential, in addition to exploring extensions of vein-type, higher-grade gold mineralization. Notable results from the program include 24.39 metres of 1.83 g/t gold from the Veta Madre Zone, and 4.57 metres of 36.33 g/t gold and 83.97 g/t silver targeting the La Verde Zone. A revised measured and Indicated resource of 19.25 Mt @ 0.978 g/t Au & 8.30 g/t Ag and Inferred resource of 20:07 Mt @ 0.903 g/t Au & 9.59 g/t Ag (at 0.30 g/t Au cut-off) was released in December.

At the San Antonio project, Pediment released an updated resource estimate outlining a global measured and Indicated resource of 1.53 Moz Au (47.3 Mt grading 1.01 g/t Au) and an Inferred resource of 111,000 oz Au (5.4 Mt grading 0.637 g/t Au).

Look for pending assays from eight to nine holes at Veta Madre from the 2009 program, an extensive 8,000m RC and DC drill program at San Antonio (targeting three zones and infill drilling around the existing deposit) to commence in March. The Company also plans a $1.5–$2M program at La Colorada, with the details to follow.

With a Mexican focus, a large treasury, and aggressive drill programs on San Antonio and La Colorada, Pediment is well-placed for growth through resource expansion and corporate development."

    -CHRIS THOMPSON,   HAYWOOD SECURITIES (01/19/10)

"Pediment Gold Corp. also bounced up after it announced results from a drilling program at its La Colorada project in Mexico that was focused on confirming and expanding near-surface mineralization.

Drilling at the Veta Madre gold zone encountered numerous near-surface intercepts of gold mineralization. These included Hole 92, with 24.39 meters of 1.83 g/t gold and 12.4 g/t silver, and Hole 94, with 39.6 meters of 1.11 g/t gold and 2.68 g/t silver. Pediment says these holes are a good example of the project's potential for new gold zones.

Drilling at the La Verde gold zone, meanwhile, outlined a zone up to 12 meters wide along 400 meters of strike. Grades were generally moderate, but several holes have returned high grades near surface that may be incorporated in future resource estimates. These include Hole 57 with 93.05 g/t gold and 13.99 g/t gold in contiguous 1.52 meter samples.

At the Gran Central, La Colorada and El Creston pits, drilling has focused on confirmation of known zones, with an emphasis on near-surface mineralization. Holes 1 and 5 intersected the Gran Central gold vein, returning 22 meters of 1.93 g/t gold and 42 meters of 1.02 g/t gold respectively.

Pediment continues to advance its gold resources, with an eye toward going into production. That could happen, or the company could be scooped up by a mid-tier producer. Either way, this approach will guarantee the highest value for shareholders."

    -   Gold Newsletter (01/11/10)





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