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Pershing Gold Corp (PGLC)

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Last Post: 8/24/2014 7:52:23 PM - Followers: 90 - 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: Amended Statement of Beneficial Ownership (sc 13d/a) 08/29/2014 03:11:02 PM
PGLC News: Securities Registration Statement (s-1) 08/28/2014 03:05:25 PM
PGLC News: Statement of Changes in Beneficial Ownership (4) 08/28/2014 02:28:22 PM
PGLC News: Amended Statement of Beneficial Ownership (sc 13d/a) 08/20/2014 02:31:47 PM
PGLC News: Statement of Changes in Beneficial Ownership (4) 08/20/2014 01:11:22 PM
PostSubject
#2421  Sticky Note PGLC SA Article Feb. 2014 Vegas Matt 06/14/14 09:46:25 AM
#1680  Sticky Note 900# Gorilla (TD Ameritrade)'s weighed in re:CRGC-->PGLC shares Talldude 05/13/13 12:53:11 PM
#2492   27.9 percent.loss.in.PGLC.since.1st.wk::Mar 2014. Talldude 08/24/14 07:52:23 PM
#2491   An.EARLY.2011.VOCAL.long.here--wearily.sells.out.175K.PLUS.position;-most.credit.her.w_1st.alerting. Talldude 08/21/14 06:15:13 PM
#2490   BH.bot.300K.MORE.ystdy-trying.2hold.up.this.sad.sack:::STILL.fell.thru.into.31c-handle.ystdy;again.2 Talldude 08/20/14 07:41:28 PM
#2489   ANOTHER 31-handle day; cls there 2 Days in Talldude 08/20/14 05:37:25 PM
#2488   We have a 31-handle 2Day--it clsd there!! Talldude 08/19/14 06:29:46 PM
#2487   Brent Cook quote re: time taken to build Talldude 08/19/14 10:34:29 AM
#2486   CNBC's ownership graphic: PGLC. BH's low shr count Talldude 08/18/14 10:02:11 PM
#2485   First.$0.32--handle.on.close.since.Dec.2013. Spent a whole 6 trading days Talldude 08/18/14 05:57:41 PM
#2484   Acc'd to daily chart in PGLC forum intro, Talldude 08/16/14 08:53:50 PM
#2483   correction:::no.one.is.apparently.listening.to.PGLC,period. LOL Talldude 08/16/14 08:48:06 PM
#2481   shrs.posted.32c-handle.2day.on.half.mm.shrs.vol---Looking.puny!Hotshot.honig.looking.greengilled. Talldude 08/13/14 09:16:53 PM
#2480   BH.bot.800K.of.2day's.1.4mm.shrs!!WIERD=BH.filed.on.EDGAR.b4,evening.rush.hour.same.day! Talldude 08/12/14 11:48:09 PM
#2479   SOMEbody.crapped.out.2day:::1.4mm shrs.;2day's.low.print@$0.33.1c low;=3rd consecutive.trading day[ Talldude 08/12/14 06:54:24 PM
#2478   Noteworthy.selling.pattern??_re:SEC.Form.4s::8/5--450K.sold,BH.bot::$0.3423__8/5--100K.sold,BH.bot:: Talldude 08/06/14 05:51:47 PM
#2477   BH.bot.150K.shrs@$0.345.Fri_8.1.2014...SIMPLY.SHOCKING.acc'd.Form.4.filing.today. Talldude 08/04/14 05:10:49 PM
#2476   Thanks T.D., I can always count on the vizioman 08/04/14 01:52:13 PM
#2475   not only no, but ..LL NO. Just dilution, Talldude 08/04/14 01:39:24 PM
#2473   Boy what happened here, thought this would be vizioman 08/03/14 12:12:24 PM
#2472   Honig buys 1mm more on 31st, and 470K Talldude 08/01/14 12:52:43 PM
#2471   yes I don't know why it didn't work thanks Ace444 08/01/14 10:30:47 AM
#2470   Is this the link U were trying2 post, Ace? Talldude 07/31/14 04:32:38 PM
#2468   Just click on world gold councel to Europe Ace444 07/31/14 03:28:50 PM
#2466   truthfully, F did buy ystdy as you report, Talldude 07/31/14 01:41:50 PM
#2465   Billionaire buys 400K+ shares in PGLC today rtraster 07/31/14 12:44:03 PM
#2464   Well, now.ain't.that.purdy...that.there.33c-handle.for.t'day's.close. WHEEEEeeeeee. Talldude 07/30/14 06:32:46 PM
#2463   New + mention from Byron King on Gold Talldude 07/25/14 04:47:32 PM
#2462   There has been another positive PGLC reco piece Talldude 07/22/14 11:33:10 PM
#2458   You too! janice shell 07/18/14 04:49:23 PM
#2457   Thank you, Janice. I find your response Talldude 07/18/14 04:48:29 PM
#2456   What you suggest isn't a problem. The janice shell 07/18/14 04:09:29 PM
#2455   Morning,Janice..New.Q..re:::rule 506(b).from.Form.D.filing.on.this.stk? Talldude 07/18/14 10:56:58 AM
#2454   Pershing Gold Remains On Track For 2015 Gold Production Vegas Matt 07/15/14 09:01:34 AM
#2453   PGLC.weekly.Candles.chart.shows.bearish.engulfing.candle.formation_which.is.not. Talldude 07/12/14 07:34:53 PM
#2452   Form.4.#2.BH.filed.7-11-14...397,333shrs.bot.on.7-11=day.when.entire.OTC.trading.vol=376,231shrs.LOL Talldude 07/12/14 01:30:14 PM
#2451   3Q13's.$11mm.fund.raise.fees.=$78K---3Q14's.$8.2mm.fund.raise.fees=$800K!!!!! YIKES! Talldude 07/10/14 02:43:48 PM
#2450   BINGO!!!8.2mm$$.raised.JULY.2.2014,barely.into.3Q14.as.Alfers.promised,accredite Talldude 07/09/14 05:57:51 PM
#2449   That"seasonal.run"=Alfers'.3QFunding.PRIME.Campaign=dilution.months. LOL Talldude 07/08/14 04:23:57 PM
#2448   Gold is setting up for a seasonal run wannabeeinhorn 07/08/14 07:56:49 AM
#2447   T/Y. No rush 2get back in I can Talldude 07/07/14 02:08:10 PM
#2446   Your the best, I continue to learn every stockmule 07/07/14 09:23:11 AM
#2445   Newbies:"Mineralized_Material".does.NOT=MINERAL.RESERVES;and.are.NON-economic.til.moved.N2 Talldude 07/04/14 01:34:36 PM
#2444   Ayup, a real barner burner, chockful of new Talldude 07/01/14 12:57:59 PM
#2443   SA Article: $ABX, $DTRC, $GSV, $NEM, $PGLC kob1140 07/01/14 10:38:16 AM
#2442   The management is going to continue to drag starman7 06/25/14 10:48:01 PM
#2441   As.PR.goes.THIS.detailed.one.does.NOT.provide.$.pop.re-action.Drill.progs.on.the.come.just.don't!! Talldude 06/23/14 01:00:14 PM
#2440   Pershing Gold Advancing Towards Production at Relief Canyon Vegas Matt 06/23/14 08:30:21 AM
#2439   You're all quite welcome. I generally am someconcerns 06/21/14 10:24:42 AM
#2438   Very interesting, thanks! Vegas Matt 06/21/14 10:11:28 AM
#2437   Thanks someconcerns for your post, Interesting and informative gzone 06/20/14 09:18:40 PM
#2436   Good Read. Thanks! Talldude 06/20/14 06:44:51 PM
PostSubject