RENO, NV / ACCESS Newswire / November 5, 2025 / Pershing Resources Company, Inc. ("Pershing" or the "Company") (OTC PINK:PSGR) is pleased to announced that, as of September 1, 2025, it has paid the U.S. Bureau of Land Management ("BLM") annual maintenance fees to secure mineral rights for its 4 square mile Mohave Project (gold and silver) north of Kingman, Arizona, and also paid the fees for its 100% owned 11.5 square mile New Enterprise Property, as well as four additional nearby exploration prospects in n ...

Core Viewpoint - The National Court of Papua New Guinea has upheld an interim injunction that protects South Pacific Metals Corp.'s subsidiary, Kainantu Resources Limited, from interference by K92 Mining and the Mineral Resources Authority regarding Exploration Licence EL2558 [1][2]. Group 1: Injunction Details - The injunction restrains K92 Mining and the MRA from actions that interfere with KRL's exclusive rights over EL2558, including sterilization drilling and infrastructure development [2][6]. - The National Court has ordered that the injunctive relief remain in place until further notice and has awarded costs in favor of SPMC [2][3]. Group 2: Legal Background and Objectives - SPMC initiated legal action due to repeated instances of trespass and interference by K92 Mining on EL2558, aiming to safeguard its legal rights and maintain the integrity of its exploration programs [3][4]. - EL2558 is a key exploration focus for the company and may serve as a potential site for tailings storage if exploration proves non-economic [3]. Group 3: Company Overview - South Pacific Metals Corp. is an emerging gold-copper exploration company operating in Papua New Guinea, with a land package of 3,100 km² and four significant projects [5][8]. - The company's projects, including Anga and Osena, are located within the high-grade Kainantu Gold District, indicating potential for valuable mineralization similar to that of K92 Mining [8].