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 Piedmont Mining [OTCBB: PIED] Starts Drilling 3 Properties

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TOOCLASSY



Number of posts : 43
Registration date : 2007-10-03

PostSubject: Piedmont Mining [OTCBB: PIED] Starts Drilling 3 Properties   Thu Oct 04, 2007 2:04 pm

Piedmont Mining (OTC: PIED) has gone to as high as .37 in the last 2 weeks (was 7 cents three years ago!). Drilling has begun, and more by year end. Meanwhile, an audio interview with Piedmont president Robert Shields has become available here:

http://www.wallst.net/audio/au.....mp;id=3876

------------------------ and today's news --------------------------------

Piedmont Mining Company Starts Drilling
RENO, Nev., Oct 04, 2007 (BUSINESS WIRE) --

Piedmont Mining Company, Inc. (OTC BB: PIED) today announced that drilling has begun at the Trinity Silver property in Pershing County, Nevada. A program of 16 reverse circulation drill holes totaling approximately 8,000 feet is planned and should be completed this month. These holes are designed to pursue silver mineralization in the vicinity of the old oxide silver pit on the property. They will vary from about 200 to 700 feet in depth. This property is controlled by the U.S. subsidiary of AuEx Ventures (TSX-V: XAU) which is managing our exploration program on the property.

At the Dutch Flat property, a second program of reverse circulation drilling will commence this week as well. It will consist of a second fence of shallow angle holes to offset the fence of holes drilled in the program last fall, as well as four to five deeper holes to test the vein swarms at greater depth and the possibility of a hidden gold skarn at the margin of the intrusive. This program will total about 6,000 feet and may be drilled in two phases to allow us to use the most appropriate drill rig for different parts of the program. This property is controlled by Columbus Gold Corp. (TSX-V: CGT). Our exploration program is being managed by Cordex Exploration Co., under its exclusive relationship with Columbus Gold Corp. to perform its Nevada exploration work.

A third reverse circulation drill rig is expected to commence drilling at the Dome-HiHo property by next week. This drill program will consist of three holes totaling approximately 2,100 feet and should be completed in about two weeks. This property is controlled by the U.S. subsidiary of Carlin Gold Corporation (TSX-V: CGD) which is managing our exploration program on the property.

This drill rig will then move to the Antelope Ridge property, where a program of seven holes totaling approximately 3,500 feet is planned. These holes are designed to test the tonnage potential of the mineralized jasperoids on the property.

Piedmont is an exploration-stage company, exploring for gold and silver in Nevada. It has now entered into agreements with experienced exploration groups on 7 properties in Nevada.

[FORWARD-LOOKING STATEMENTS notice]

SOURCE: Piedmont Mining Company, Inc.

Piedmont Mining Company, Inc.

Robert M. Shields, Jr. 212-734-9848

www.piedmontmining.com

or Investor Relations Susan Hahn & Associates 212-986-6286
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TOOCLASSY



Number of posts : 43
Registration date : 2007-10-03

PostSubject: Dr. Michael Berry comments on Piedmont   Thu Oct 04, 2007 2:07 pm

"Morning Notes" October 1, 2007
Dr. Michael Berry comments:

A GOLDEN VISIT: THE DRILLS TURN.
Next week I will be travelling to Nevada. I will see several of Piedmont Mining’s (I prefer to call it Piedmont Gold but that is a misnomer) 7 properties in the Walker Lane Trend. We will be hosted by President Robert Shields and Chief Geologist Lew Gustafson (formerly of Anaconda). I am told that the drills will be turning on two or
three of these properties. While good things do not always happen when the drill turns, they cannot happen if the drill does not turn. This is therefore a momentous occasion for the company.

I have written on Piedmont Mining in the recent past. The key element of this incubator company is that it has a portfolio of properties, all in Nevada. They are mostly gold with some silver exposure. The timing, of course could not be better. Gold has soared through $740 per ounce and silver is picking up steam as well, trading for $13.69 this AM. The company’s Trinity project near Lovelock (Rochester, Midway, Rye Patch and Terraco Gold are in the area) holds a historical resource of 20 or 30 million ounces of silver. While small, this is not negligible. More important, the strategy of locking up gold properties itself has the potential to produce great wealth through discovery in the future.

On the weekend John Hathaway spoke of the likelihood of $1000 gold in Barron’s (In Overdrive to $1000 Gold). I think he could be on target. If so any company that controls highly prospective gold properties in Nevada (where you can buy a cheeseburger and beer after a day in the field) will appreciate in value, in my view. Piedmont is a 30 cent stock with $1 upside potential based on its gold properties ands gold’s higher levels alone. Add in a discovery hole and this could be exciting.
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TOOCLASSY



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PostSubject: Piedmont Reports Drilling to Begin at Willow Creek Gold Proj   Sat Sep 06, 2008 11:44 am

Piedmont Reports Drilling to Begin at Willow Creek Gold Project, Nevada

RENO, Nev., Sep 04, 2008 (BUSINESS WIRE) --
Piedmont Mining Company, Inc. (OTC BB: PIED) today reported that drilling is scheduled to begin at the Willow Creek gold project in Elko County, Nevada early next week. This initial drill program of approximately 5,000 feet will consist of 5 or 6 angled reverse circulation drill holes, each to approximately 1,000 ft. This drill program is fully funded.

The Willow Creek property consists of 480 acres of private fee land plus 158 lode claims, for a total of almost 6 square miles along the western range front of the Snake Mountains and about 30 air miles north-northwest of the town of Wells. It covers about 5 miles of strike length along the famous Roberts Mountain Thrust, a regional geologic break that is associated with many of the gold deposits in Nevada. Favorable stratigraphy and rock types are exposed at the surface and are extensively altered. Strong and coincident patterns of arsenic, antimony, thallium and mercury anomalies with anomalous gold values are controlled by structure and alteration and help to define drill targets. The geochemical patterns are typical of Carlin-style gold orebodies. Felsic and lamprophyre dikes have been mapped in several areas of the property. The 42 million year (Eocene) age of a felsic dike on the property is encouraging since it is similar to the age of the intrusives and mineralization in the main Carlin-style gold orebodies in Nevada.

Piedmont is working on this project with Carlin Gold US Inc., the wholly owned U.S. subsidiary of Carlin Gold Corporation (TSXV: CGD). Carlin Gold holds the property and is managing the exploration program while Piedmont is earning into a 51% interest by funding the exploration.


Piedmont is an exploration-stage company, exploring for gold and silver in Nevada. It has entered into agreements with experienced and respected exploration groups on 7 properties in Nevada. It participates through funding exploration costs utilizing highly skilled people only on an as needed basis thus minimizing G&A costs. It can drop properties that don't meet expectations. The Company's Common Stock is traded on the OTC Bulletin Board under the symbol: PIED.


FORWARD-LOOKING STATEMENTS: "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements relating to the company's business activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. and are based on current expectations. Words such as expects, anticipates, intends, plans, believes, estimates and similar words and expressions are intended to identify such forward-looking statements that involve risks difficult to evaluate. Actual results can vary due to many factors such as changes in metal prices, business conditions, the competitive environment, laws and regulations; problems encountered in exploration and obtaining permits; technological advances; shortages of skilled workers, drill rigs and equipment; the need for additional capital and other risks listed in the Company's Securities and Exchange Commission filings under "risk factors" and elsewhere. Forward-looking statements speak only as of the date they were made. The Company does not undertake any obligation to update forward-looking statements.


SOURCE: Piedmont Mining Company, Inc.

Piedmont Mining Company, Inc. Robert M. Shields, Jr., 212-734-9848 or
Investor Relations: Maria Da Silva, 877-261-4466 www.piedmontmining.com

Copyright Business Wire 2008
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