PGLC:OTCBB

Pershing Gold Corp.

Pershing Gold Corp. is an emerging Nevada gold producer uniquely positioned to create shareholder value by fast-tracking the reopening of the Relief Canyon mine, which includes three open-pit mines and a state-of-the-art, fully permitted and constructed heap-leach processing facility. The company's landholdings cover over 25,000 acres that include the Relief Canyon mine asset and lands surrounding the mine in all directions. This land package provides Pershing Gold with the opportunity to expand the Relief Canyon mine deposit and to explore and make new discoveries on nearby land.

Expert Comments:

One company we just started accumulating is Pershing Gold Corp. This stock has broken out from a 10-month downtrend. Pershing just announced with Newmont Mining a major landmark deal consolidating the Relief Canyon property. The company has a great management team led by Steve Alfers, formerly of Franco-Nevada and NewWest Gold. He sold the Long Canyon property to Fronteer Gold, which was bought out by Newmont for over $2B at the height of the 2011 cycle. Pershing is a cash-rich company with strong shareholder support. Its property has three open pits and a fully constructed and permitted heap-leach processing facility. Pershing has recently announced some high-grade drill results, which is showing to the market that it is far from the low-grade producer it was back in the 1980s. . .Pershing's current plan is to incorporate Relief Canyon's drilling results into a new resource estimate around April of this year. Then it will commence a PEA. Once the PEA is completed, then Pershing will make a production decision. I believe Pershing could be in production by 2016." read more >

Jeb Handwerger, Gold Stock Trades (2/11/15)
"Pershing Gold Corp. is making a huge breakout on record volume as it releases another round of some of the highest-grade results being hit in Nevada. . .the company's Relief Canyon processing facility and mine is becoming one of the hottest gold development projects in Nevada. Now with these high grade drill results of 76.8 g/t and 87.9 g/t, investors are no longer assuming this is a low grade 1 g/t mine like it was in the 1980s."

Rob Chang, Cantor Fitzgerald (2/11/15)
"The hits keep on coming: Impressive high-grade gold intercepts continue at Pershing Gold Corp.'s Relief Canyon highlighted by 87.9 g/t Au over 3 ft. . .the continued flow of high-grade gold intercepts continues to further define a broad zone of high-grade gold mineralization in the North target area."

Peter Epstein, Seeking Alpha (2/6/15)
"Pershing Gold Corp. announced on Feb. 4 the best drill hole results in the company's history. . .the entire 2014 drill campaign, capped off with the high-grade drill holes reported on Feb. 4, will be incorporated into a new resource report. Subsequent to the resource report, Pershing Gold will deliver a preliminary economic assessment. The company is expected to be in production later this year."

Rob Chang, Cantor Fitzgerald (2/5/15)
"On Feb. 4, Pershing Gold Corp. announced that drilling at the Relief Canyon mine had discovered the highest-grade gold intercept drilled to date. . .a total of eight holes contain high-grade gold intercepts, with six holes encountering mineralized intervals that exceed 4.35 g/t gold. . .these new high-grade intercepts are significant because Relief Canon currently has a Measured and Indicated gold grade of 0.622 g/t and a total Inferred grade of 0.498 g/t. . .the company believes that the current drill campaign has the potential to increase the overall resource and upgrade the classification."

Rob Chang, Cantor Fitzgerald (2/5/15)
"Pershing Gold Corp. has announced that drilling at its Relief Canyon mine has discovered the highest-grade gold intercept drilled to date, 76.8 g/t Au over 4.7 ft, among several high-grade holes. There is a perception that the Relief Canyon mine is solely a low-grade gold operation; this set of drill results highlighted by hole RC15-264 should go a long way in dispelling this notion."

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The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
 
Fast-track the Relief Canyon to production.
 
Confirm, expand and upgrade the gold resource at Relief Canyon.
 
Discover and develop satellite deposits on ~25,000 acre land package.
catalyst Calendar
Q1
2015
Q2
2015
Update Resource Estimate
Q3
2015
Complete PEA
Pershing Gold Corp. Content