VANCOUVER, BC--(MARKET WIRE)--Feb 4, 2008 -- Pediment Exploration Ltd. (CDNX:PEZ.V - News) is pleased to report additional results from RC drilling at the San Antonio gold project in Baja California Sur, Mexico. Drilling continues to expand the higher grade areas in the West-Central portion of the Los Planes discovery and improved grade continuity within the zone as infill holes are completed. Drilling at San Antonio continues with one reverse-circulation and one diamond rig and an updated drill plan showing the location of the holes reported in this release can be found on Pediment's website.

West-Central and North Los Planes

Highlights from the current batch of holes include PLRC-38, drilled between previously reported holes PLRC-09 and PLRC-11. Hole PLRC-38 returned 88.4 metres of 1.13 g/t gold and 35 metres of 0.71 g/t gold. Hole PLRC-50, located between previously reported holes PLRC-04 and PLRC-05 returned 76.2 metres of 1.52 g/t gold closely followed by 21.3 metres of 1.01 g/t gold. The sum of the three separate intersections in hole PLRC-50 metres have a length weighted average grade of 1.38 g/t gold over 102.1 metres. Higher grade intersections noted in holes 41, 50, 63, 68 and 69 demonstrate continued expansion of the high-grade West-Central portions of the Los Planes zone. Intersections are summarized in Table 1.

 
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Table 1. Detail of new drill-assay results for west-central Los Planes
zone.

Hole          From         To   Interval    Gold
          (metres)   (metres)   (metres)     g/t
PLRC-38      104.2      192.6       88.4    1.13
and          198.7      233.8       35.1    0.71

PLRC-41      128.6      177.4       48.8    1.49
Including    128.6      137.7        9.1    3.07

PLRC-50      145.4      150.0        4.6    0.70
and          171.3      247.5       76.2    1.52
including    175.9      180.4        4.5   10.40
and          253.6      274.9       21.3    1.01

PLRC-63      130.1      137.8        7.6    4.78
and          287.1      323.7       36.6    0.62

PLRC-68      114.9      178.9       64.0    1.64
Including    139.3      140.8        1.5   17.40

PLRC-69       11.3       26.5       15.2    0.34
And           49.4       70.7       21.3    0.40
And           90.5      119.5       29.0    1.47
Including    107.3      108.8        1.5    8.42

Southern and up-dip Los Planes Zone

Several holes were drilled to in-fill the Southern and Southern up-dip portions of the Los Planes zone. Highlights from these holes include shallow intersections in PLRC-57 of 59.4 metres at 1.07 g/t gold, and in PLRC 58 of 71.6 metres at 1.47 g/t gold.

Table 2. Detail of new drill-assay results for the Southern and Southern Up-dip Los Planes zone.

 
              From         To   Interval    Gold
          (metres)   (metres)   (metres)     g/t
PLRC-57       43.3      102.7       59.4    1.07
and          110.3      116.4        6.1    0.38

PLRC-58       75.3      146.9       71.6    1.47

PLRC-67       21.9       26.5        4.6    0.81
and           38.7       64.6       25.9    0.80

PLRC-70       25.0       55.5       30.5    0.66
and           70.7       84.4       13.7    1.52

PLRC-71       47.8       63.1       15.3    0.63
and           99.7      110.7       10.6    0.36
and          114.9      124.0        9.1    0.67

PLRC-72       84.4      108.8       24.4    1.06
and          122.5      177.4       54.9    0.98
and          188.1      196.7        7.6    0.76
and          212.4      217.0        4.6    0.68


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In addition to the above, three exploration holes were drilled to the southeast of Los Planes, outside the Los Planes-Colinas trend to investigate surface and geophysical features. These holes returned narrower, lower-grade gold intersections; this area will be reassessed as part of the ongoing new target generation program at San Antonio.

VP of Exploration Mel Herdrick is a qualified person as defined by NI 43-101 and has approved the information contained in this release. The project supervisor is geologist Pedro Teran, B.Sc.

The initial RC drilling program at the Daniel gold project in Sonora is continuing, and results from it will reported as received and compiled. Drill targeting at La Colorada and earlier stage work on various of the Company's 10 other projects is ongoing. Pediment Exploration is a well financed, aggressive exploration company with a focus on exploration of precious metals deposits in western Mexico.

For additional information please contact Gary Freeman or Michael Rapsch at 604-682-4418.

 
Gary Freeman, President and CEO
PEDIMENT EXPLORATION LTD
Vancouver, British Columbia

We Seek Safe Harbour. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

This press release contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 27E of the U.S. Securities Exchange Act of 1934, as amended regarding additional drill results at the San Antonio project in the Baja California Sur, Mexcio and updates of other projects. Such statements include, without limitation, statements regarding the timing of future exploration activities by the Company, future anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, business and financing plans, potential mining scenarios, the success of mineral processing procedures, business trends and future operating costs and revenues. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, the Company's inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies. The reader is referred to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com, and the U.S. Securities and Exchange Commission's Electronic Data Gathering and Retrieval (EDGAR) System at www.sec.gov, for a more complete discussion of such risk factors and their potential effects.

This press release contains information with respect to adjacent or similar mineral properties in respect of which the Company has no interest or rights to explore or mine. The Company advises that the U.S. Securities and Exchange Commission's mining guidelines prohibit information of this type in reports filed with the SEC. Readers are cautioned that the Company has no interest in or right to acquire any interest in any such adjacent or similar properties, and that mineral deposits on adjacent or similar properties are not indicative of mineral deposits on the Company's properties.

All of the Company's public disclosure filings may be accessed via www.sedar.com and www.sec.gov, and readers are urged to review these materials, including any technical reports filed with respect to the Company's mineral properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities.

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     PEDIMENT EXPLORATION LTD.
     #720 - 789 West Pender Street
     Vancouver, BC, V6C 1H2
     Phone: (604) 682-4418
     Fax: (604) 669-0384