Pediment Exploration Ltd.: Los Planes Returns 13.7 m of 16.3 g/t Gold, and 22.9 m of 8.5 g/t Gold in New Drill Holes

VANCOUVER, BRITISH COLUMBIA, Jun 19, 2008 (Marketwire via COMTEX) -- Pediment Exploration Ltd. (PEZ)(PEZFF)(FRANKFURT:P5E) is pleased to report in-fill testing has expanded one of the Los Planes deposit's higher grade areas of mineralization in the core portion of the deposit. Testing on the southern and south-eastern flanks of the deposit has also generated good results for both shallow oxide and deeper sulphide based mineralization.

In the central core of the deposit, testing around drill hole PLRC-20 (33.5 m of 3.3 g/t and 85.3 m of 1.4 g/t gold, see release dated October 3rd, 2007) has returned additional higher grade intersections. Drill hole PLRC-103, collared about 50 metres west of PLRC-20 has returned 47.2 m of 4.86 g/t gold, including 22.9 m of 8.54 g/t gold in mixed material, and PLRC-105 collared approximately 20 metres south of PLRC-20 has returned 76.2 m of 3.58 g/t, including 13.7 m of 16.28 g/t gold in sulphide material.

New results from the southern end of the deposit indicate thick sections of good grade material, with up to 96 metres of 1.61 g/t gold in mixed material from RC-98. Broad sections of good grade have also been intercepted further south, with 35 metres of 0.67 g/t in oxide material followed by 19.8 of 1.24 g/t gold in mixed material in PLRC-94, indicating Los Planes deposit remains open to extension in this direction.

Los Planes Deposit, Central Core Area
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Hole ......Northing ....Easting Oriented ...From .....To Length ..Grade .....Notes
PLRC ...................................metres metres metres g/t Au
------------------------------------...
....................................... Oxide
(i)20 2,639,791.40 598,650.04 vertical ...20.4 ...54.0 ...33.5 ...3.29 ......zone
------------------------------------...
....................................... Oxide
..............................includes ...32.6 ...38.7 ....6.1 ..15.14 ......zone
------------------------------------...
....................................... Oxide
...................................and ...61.6 ...79.9 ...18.3 ..1.119 ......zone
------------------------------------...
...................................and ...87.5 ..172.8 ...85.3 ..1.371 .....Mixed
------------------------------------...

------------------------------------...
103 ...2,639,790.47 598,598.04 vertical ...28.4 ...31.4 ....3.1 ...0.71 .....Oxide
------------------------------------...
...................................and ...37.5 ...46.2 ....9.1 ...0.83 .....Oxide
------------------------------------...
...................................and ...54.3 ...63.4 ....9.1 ...0.52 .....Oxide
------------------------------------...
...................................and ...71.0 ..118.3 ...47.2 ...4.86 .....Mixed
------------------------------------...
..............................includes ...74.1 ...96.9 ...22.9 ...8.54
------------------------------------...
...................................and ..122.8 ..150.3 ...27.4 ...0.66 ..Sulphide
------------------------------------...
...................................and ..156.4 ..196.0 ...39.6 ...2.20 ..Sulphide
------------------------------------...
..............................includes ..164.0 ..165.5 ....1.5 ...8.75
------------------------------------...
..............................includes ..176.2 ..177.7 ....1.5 ...7.09
------------------------------------...

------------------------------------...
104 ...2,639,845.63 598,694.81 vertical ...33.8 ...47.6 ...13.7 ...0.89 .....Oxide
------------------------------------...
......5 oxide zones aggregate 35 metres of 0.7 g/t gold from 33.8 to 99.4 m
------------------------------------...
...................................and ..113.1 ..129.8 ...16.8 ...3.46 ..Sulphide
------------------------------------...

------------------------------------...
105 ...2,639,772.00 598,650.83 vertical ...12.8 ...28.0 ...15.2 ...0.87 .....Oxide
------------------------------------...
...................................and ...37.2 ...46.3 ....9.1 ...0.70 .....Oxide
------------------------------------...
...................................and ...61.6 ...81.4 ...19.8 ...0.81 .....Oxide
------------------------------------...
...................................and ...95.1 ..171.3 ...76.2 ...3.58 ..Sulphide
------------------------------------...
..............................includes ..153.0 ..166.7 ...13.7 ..16.28
------------------------------------...

------------------------------------...
106 ...2,639,772.65 598,676.14 vertical ...18.9 ...34.1 ...15.2 ...1.07 .....Oxide
------------------------------------...
...................................and ...44.8 ...64.6 ...19.8 ...0.68 .....Oxide
------------------------------------...
...................................and ...75.3 ..127.1 ...51.8 ...1.25 .....Mixed
------------------------------------...
..............................includes ..119.5 ..124.1 ....4.6 ...4.57 ..Sulphide
------------------------------------...
(i)previously reported RC-20 is included for reference.
"From", "To" and "Length" figures may not reduce to 0 due to rounding.



Los Planes, Southern Deposit Area, highlights
------------------------------------...
Hole # .....Northing ....Easting Oriented ...From .....To Length ..Grade ....Notes
PLRC ....................................metres metres metres g/t Au
------------------------------------...
....................................-60
................................degrees
94 .....2,639,400.34 598,651.10 .....East ...19.9 ...54.0 ...35.1 ...0.67 ....Oxide
------------------------------------...
....................................and ...61.6 ...81.4 ...19.8 ...1.24 ....Mixed
------------------------------------...
...............................includes ...73.7 ...75.3 ....1.5 ...5.37 Sulphide
------------------------------------...

------------------------------------...
....................................-78
................................degrees
97 .....2,639,617.92 598,673.67 .....East ...26.7 ..110.5 ...83.8 ...1.25 ....Mixed
------------------------------------...
...............................includes ...40.4 ...41.9 ....1.5 ...4.36 ....Oxide
------------------------------------...
...............................Includes ...58.7 ...60.2 ....1.5 ...5.26 ....Mixed
------------------------------------...

------------------------------------...
98 .....2,639,617.85 598,671.71 vertical ...36.9 ..132.9 ...96.0 ...1.61 ....Mixed
------------------------------------...
...............................includes ...36.9 ...38.4 ....1.5 ...3.58 ....Oxide
------------------------------------...
...............................includes ...87.2 ..111.6 ...24.4 ...3.05 Sulphide
------------------------------------...

------------------------------------...
"From", "To" and "Length" figures may not reduce to 0 due to rounding.

In addition to the above noted, results have been received for PLRC- 93, 95, 96 and 99 from the southern area. All of these drill holes contain at least one intersection of 10 to 18 metres averaging between 0.63 and 0.94 g/t gold in oxidized mineralization that will be included in future resource calculations. More detailed results for these holes will be posted to the Company's web site, http://www.pedimentexploration.com/s... .

Mel Herdrick, VP Exploration and a Director of the Company, is a Qualified Person as defined by NI 43-101 and has reviewed and approved this release.

Pediment Exploration is a precious metals exploration and development company working in western Mexico on two key projects, La Colorada in Sonora and The San Antonio Gold Project in Baja California Sur, as well reconnaissance programs. The Company is well capitalized with more than $20 Million in the bank and no debt.

On behalf of the board

Gary Freeman, President & CEO