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Pershing Gold Corp (PGLC)

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Last Post: 7/25/2014 4:47:32 PM - Followers: 91 - 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: Current Report Filing (8-k) 07/18/2014 05:03:26 PM
PGLC News: Small Company Offering and Sale of Securities Without Registration (d) 07/15/2014 05:20:19 PM
PGLC News: Statement of Changes in Beneficial Ownership (4) 07/11/2014 03:53:44 PM
PGLC News: Statement of Changes in Beneficial Ownership (4) 07/10/2014 08:30:05 AM
PGLC News: Current Report Filing (8-k) 07/09/2014 04:32:30 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
#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
#2435   New, general interest article on gold mining in Nevada. someconcerns 06/20/14 03:23:55 PM
#2434   Triple.Crown.Pump.now.done:::M/Fool's.published.Epstein(POTANDGOLD)rah.rah.2day.... And when T Talldude 06/19/14 05:10:05 PM
#2433   No problem... janice shell 06/18/14 03:15:02 PM
#2432   Fascinating response, Janice. Thanks for the truthful "scoop" Talldude 06/18/14 03:05:46 PM
#2431   While tape painting is illegal, the authorities rarely janice shell 06/18/14 01:59:06 PM
#2430   Janice,your.opinion.pls:"tape.painting".+.witholding.timely.release.of.info.to.shrholders. Talldude 06/18/14 12:14:39 PM
#2429   Vocal.Long.(iHub)states.he's.buying."with_zeal".5.30.2013).just.over.1yr.ago. [quot Talldude 06/18/14 12:00:24 PM
#2428   VOCAL.LONG.posts.change.of.mind.Confesses.selling.50%.PGLC.Advises.others.to.Hol Talldude 06/18/14 11:47:55 AM
#2426   iHub.shows.last.trade= 583sh(B) to.cls.near $0.36 LOL Talldude 06/16/14 07:26:51 PM
#2424   Just.printed.a.new $0.34x handle. Unloved.E&D.here. Talldude 06/16/14 01:48:44 PM
#2423   you are welcome. Vegas Matt 06/14/14 12:38:14 PM
#2422   Good post Vegas, thanks for revisiting this information. gzone 06/14/14 12:28:56 PM
#2421   PGLC SA Article Feb. 2014 Vegas Matt 06/14/14 09:46:25 AM
#2420   I've been in PGLC about 1 1/2 years Vegas Matt 06/14/14 09:21:00 AM
#2419   Nah we get the pits. Aint no Blindsquirrel 06/13/14 11:31:04 PM
#2418   Yup, and management keeps drawing those large salaries starman7 06/13/14 10:23:51 PM
#2417   Running in place is surely an understatement. Blindsquirrel 06/13/14 09:38:18 PM
#2416   Thanks Talldude. I'm still holding long and adding gzone 06/13/14 07:32:57 PM
#2415   Strange.move.by.Alfers_Postpones.vesting.2.WADS!!shrs.til.2015...DID.he.miss.an.internal.milestone? Talldude 06/13/14 07:32:16 PM
#2414   This updates by itself...might want to bookmark here. Talldude 06/13/14 09:19:19 AM
#2413   It looks like a death cross just formed gzone 06/12/14 03:48:36 PM
#2412   Another "34-handle" printed MON--6.9.2104 acc'd to INO quote provider. Talldude 06/10/14 10:06:29 AM
#2411   Ain't.that.sumpthin';38%.of.DailyVol.thrown.at.PGLC.just.b4.close. Now we're pegged at 36c aga Talldude 06/04/14 08:46:58 PM
#2409   Northern Miner (5.29) article exaults lawyer Alfers. Talldude 05/31/14 08:09:36 AM
#2406   Sharing your observations resulting in your selling action Talldude 05/28/14 12:39:20 PM
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