LAKEWOOD, Colo.,
Jan. 20, 2015 /PRNewswire/ --
Pershing Gold Corporation (OTCQB:PGLC) ("Pershing Gold" or the
"Company"), an emerging Nevada
gold producer on a fast-track to reopen the Relief Canyon Mine,
announced that Stephen Alfers
("Alfers"), Pershing Gold's Executive Chairman, CEO and President,
presented at the Noble Financial Capital Markets' Eleventh Annual
Equity Conference ("Noble Conference") yesterday.
Alfers' Company update included highlights of Pershing
Gold's recent transaction with Newmont USA Limited ("Newmont") (NYSE:NEM). Pershing
Gold has consolidated its Relief Canyon lands by acquiring
the exclusive mining and surface use rights to approximately
1,600 acres of new long-term mining leases and 74 unpatented lode
mining claims comprising approximately 1,300 acres. The purchase
price paid to Newmont was US $6
million. This transaction also includes the acquisition of a
new 20-year mining lease from New Nevada Lands, LLC, and New
Nevada Resources, LLC. For more information on this transaction,
see the Company's January 19, 2015 news
release.
Video replay of Alfers' presentation and a copy of the
presentation materials will be available through the Noble
Financial websites: www.noblefcm.com,
or
www.nobleresearch.com/D2/2015.htm.
The Noble Conference continues through January 21st at Club Med in Sandpiper
Bay, Florida.
About Pershing Gold
Corporation
Pershing Gold is an emerging
Nevada gold producer on a
fast-track to re-open the Relief Canyon Mine, which includes three
open-pit mines and a state-of-the-art, fully permitted and
constructed heap-leach processing facility. Pershing Gold is
currently permitted to resume mining at Relief Canyon under the
existing Plan of Operations.
Pershing Gold's landholdings cover approximately 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
lands.
About Noble Financial
Noble
Financial Capital Markets was established in 1984. Noble Financial
is an equity research driven, full-service, investment-banking
boutique focused on life sciences, technology, energy and media,
emerging growth, companies. The company has offices in New York, Boston, Los
Angeles, and Boca Raton,
FL. In addition to non-deal road shows and sector-specific
conferences throughout the year, Noble Financial hosts its large
format annual equity conference in January in South Florida featuring 120 - 150 presenting
companies from across North
America and total attendance of close to 600. For more
information:
www.noblefcm.com.
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SOURCE Pershing Gold Corporation