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Pershing Gold Corp (PGLCD)

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Last Post: 7/28/2015 8:49:39 PM - Followers: 97 - Board type: Free - Posts Today: 0

 

                

Pershing Gold Corporation (PGLC) is pursuing a path to put the Relief Canyon Mine back into production.
They are focused on an under-explored part of Nevada - Pershing County and nearby Lander County
.
All projects have had extensive geological analysis done on them, and gold targets are identified and ready to drill, pending annual funding.



In order to achieve our objectives, we are currently:

Drilling at Relief Canyon to confirm, expand, and upgrade the gold resource in order to resume mining.

Our Chief Geologist is highly experienced in Nevada gold exploration and mining, having worked in senior roles with
Cameco Gold Corp, Cyprus Metals Exploration, Hecla Mining, Gold Fields Mining, and Callahan Mining Company.
He has been the lead geologist on several significant gold discoveries during his exploration activities,
and is directly and indirectly responsible for the discovery of over ten million ounces of gold in Nevada.
Our team has participated in exploration and mining activities with projects in gold, silver, copper, molybdenum, nickel, and tungsten to name a few.



                                                                       Projects
Relief Canyon Mine Project

The Relief Canyon property is located at the southern end of the Humboldt Range in northwestern Nevada, about 16 miles in a direct
line east-northeast of Lovelock in Pershing County and about 110 miles northeast of Reno, Nevada. The property consists of both millsite claims and lode mining claims. Five heap leach pads, two solution ponds and a cement block constructed Adsorption- Desorption- Recovery (ADR) solution processing circuit are located on the mill site claims. The ADR type process plant consists of four carbon columns, acid wash system, stripping vessel, electrolytic cells, a furnace and a retort for the production of gold doré. The building was originally installed by Pegasus, updated in 1995 and has been completely updated and new equipment installed in 2007-2008.Pershing Gold and its consultants believe that project geology and historic evidence point to significant potential to grow the resource. Pershing Gold believes that Relief Canyon provides the Company with dual opportunities consisting of excellent exploration targets in under-explored areas of the property and continuation of the prior work. Subject to required federal and state permitting and bonding requirements, the Company plans to commence an aggressive exploration program with the intention of growing the resource at Relief Canyon.

As of 5.1.2014 Press Release, mgmt is now looking at re-opening of the mill in SECOND HALF 2015.  

 


 


Authorized Shares (AS) = 500,000,000 shares
FULLY DILUTED Outstanding Shares (OS) = 402 MILLLION+ shares of Common Stock issued and outstanding as of July 2014, SEC filings)
(O/S shares  includes many tens of millions of "CRGC conversion to PGLC" completed 3.1.2013 and still held off market by Reg 145 protocol)
upwards of 30 millions of shares outstanding are owned by Barry Honig directly or through personally controlled via various Retirement products.


Restricted Shares = 50,000,000 Authorized




Management Team Leader:

Stephen Alfers - Chairman and Chief Executive Officer

Mr. Alfers served as the President and Chief of U.S. Operations of Franco-Nevada Corporation from 2010 to 2011 and its Vice President (Legal) from 2007 to 2009. Mr. Alfers served as President of Franco-Nevada US Corporation, the wholly owned subsidiary of  Franco-Nevada Corporation, from 2010 to 2011.

Mr. Alfers served
as the President and Chief Executive Officer of NewWest Gold Corporation, a publicly-traded Canadian corporation listed on the Toronto Stock Exchange, from 2006 to 2007. Mr. Alfers also served on the Board of Directors of NewWest Gold Corporation from 2005 to 2007. Mr. Alfers served as President and Chief Executive Officer of the NewWest Resources Group from 2001 to 2005 and President and Chief Executive Officer of NewWest Gold Corporation, a privately held Delaware Corporation, from 2005 to 2006.

Mr. Alfers was the
founder and managing partner of Alfers & Carver LLC from 1995 to 2001, a boutique natural resources law firm.

Mr. Alfers received a Juris Doctor
from the University of Virginia, an M.A. in Monetary Policy and Public Finance from the University of Denver, and a B.A. in Economics from the University of Denver.

Mr. Alfers was chosen to be a director of
the Company based on his extensive mining resource and business experience. Mr. Alfers has also been the President of Alfers Mining Consulting since 2007.


          
Contact:

Pershing Gold, Corporation                                 
1658 Cole BLVD  BLDG. 6 STE 210
Lakewood, Colorado 80401-3304

Telephone: (877) 705-9357
also: (720) 974-7248
 

Facsimile: (303) 839-5907

Email: investors@pershinggold.com

 

Email Mindy Jo:  info@pershinggold.com
Website:           www.pershinggold.com
Telephone: 877-705-9357  USA MOUNTAIN TIME ZONEGMT -8 HRS




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Wiki
PGLC News: Notice of Effectiveness (effect) 06/18/2015 06:02:05 AM
PGLC News: Securities Registration Statement (s-1/a) 06/16/2015 06:02:49 AM
PGLC News: Current Report Filing (8-k) 06/12/2015 02:58:15 PM
PGLC News: Statement of Changes in Beneficial Ownership (4) 06/11/2015 05:43:38 PM
PGLC News: Initial Statement of Beneficial Ownership (3) 06/11/2015 05:43:11 PM
PostSubject
#2623   I guess IHub has not gotten around to someconcerns 07/28/15 08:49:39 PM
#2622   Article: Insider Buying At Pershing Gold Speaks Volumes rtraster 07/28/15 01:10:35 PM
#2621   Where's the new board for NASDAQ PGLC? rtraster 07/28/15 02:45:21 AM
#2620   Still very undiscovered gold mine of a stock IMHO r2g2 07/08/15 06:03:39 PM
#2619   $PGLC recent news/filings stocktrademan 07/07/15 12:39:03 PM
#2618   $PGLC DID A REVERSE SPLIT R/S myopinion 07/06/15 12:11:53 PM
#2617   PGLC is going to trade on the NASDAQ gzone 07/04/15 03:00:32 PM
#2616   Fits your thinking Steve. Thanks. Minding 06/30/15 07:51:38 AM
#2615   Interesting point regarding possible merger between PGLC and someconcerns 06/29/15 03:47:56 PM
#2614   thanks and GLTA longs here Vegas Matt 06/23/15 11:53:48 PM
#2613   Sorry to see you go Vegas. Wish you gzone 06/23/15 08:36:37 PM
#2612   I'm out - sold today. Vegas Matt 06/23/15 02:58:03 PM
#2611   I hope you are right. Vegas Matt 06/22/15 03:04:36 PM
#2610   I agree with you Vegas, R/S are usually gzone 06/22/15 03:01:54 PM
#2609   hmmm this was a surprise to me, the r/s Vegas Matt 06/22/15 09:53:46 AM
#2608   PGLC one for 18 reverse split: Renee 06/17/15 05:39:13 PM
#2607   Thanks moras for your post, PGLC must be gzone 06/17/15 03:25:30 PM
#2606   REVERSE SPLIT moras 06/17/15 01:39:35 PM
#2605   Thanks for the post r2g2, I believe the gzone 06/03/15 03:23:02 PM
#2604   Early July investor conference r2g2 06/03/15 07:23:29 AM
#2603   Thanks Twotone for the post and link.$$$PGLC. g. gzone 06/02/15 03:44:22 PM
#2602   Made it to the top upgraded list on Twotone 06/02/15 01:48:50 PM
#2601   Pershing Gold plans to complete approximately 100 additional rtraster 05/07/15 07:56:33 AM
#2600   2015 drilling plan announcement r2g2 05/01/15 07:46:47 AM
#2599   The press release about PGLC raising approximately $11.5 jimsgotweb 04/25/15 08:53:54 AM
#2598   You are right rtrster, and thanks for the gzone 04/17/15 01:24:29 PM
#2597   Pershing Gold Receives Extra $2.4M rtraster 04/17/15 08:19:05 AM
#2596   Very strong project. I am excited for MineDino 04/11/15 11:19:48 PM
#2595   Well we were at $ 1.00 and above Vegas Matt 04/09/15 12:24:25 AM
#2594   $1? There was an analyst update today but rtraster 04/08/15 10:15:18 PM
#2593   Ace, Yes they have a really good chance someconcerns 03/31/15 03:00:49 PM
#2592   I liked the presentation today slow but Ace444 03/30/15 05:14:11 PM
#2591   ...an updated resource estimate, which is anticipated to eom7 03/27/15 10:04:39 AM
#2590   Righto. I am holding as well for someconcerns 03/22/15 01:44:27 PM
#2589   You make some excellent points. r2g2 03/22/15 10:49:48 AM
#2588   R2, I agree with your speculation re someconcerns 03/22/15 10:03:47 AM
#2587   This is certainly fascinating. It seems to me r2g2 03/22/15 09:10:56 AM
#2586   R2, I'm not qualified to prognosticate. someconcerns 03/21/15 08:16:25 PM
#2585   This is quite interesting- makes my head spin. r2g2 03/21/15 05:55:05 PM
#2584   Thanks, indeed very interesting... joev2 03/20/15 08:52:06 PM
#2583   Interesting speculation about a possible merger of PGLC someconcerns 03/20/15 02:24:23 PM
#2582   Well it looks like PGLC formed a golden gzone 03/10/15 11:06:55 AM
#2581   Only time a RS is positive, is when eom7 03/06/15 10:01:15 AM
#2580   Listing on a National Exchange eom7 03/06/15 10:00:14 AM
#2579   Yahoo board is talking about a reverse split. scarfpatch 03/05/15 06:29:51 PM
#2578   10k out UHD 03/05/15 04:55:07 PM
#2577   Seems like the powers that be, want this eom7 03/05/15 03:51:34 PM
#2576   Bif, When the actual mining will start? someconcerns 03/05/15 02:53:41 PM
#2575   Move out of the way ARCA UHD 03/05/15 10:25:30 AM
#2574   I'm curious as well what the upside is BiffL 03/04/15 02:48:52 PM
PostSubject