LAKEWOOD, Colo., Nov. 13, 2017 /CNW/ -- Pershing Gold Corporation
(NASDAQ:PGLC), (TSX:PGLC), (FWB:7PG1) ("Pershing Gold" or the
"Company"), an emerging Nevada
gold producer, announces the appointment of Pamela Saxton ("Saxton") to its Board of
Directors.
Ms. Saxton is a business executive with over 35 years of
progressive domestic and international public company finance roles
primarily in mining, software and oil and gas. Ms. Saxton has
proven results in United States
and Canadian public company corporate governance and compliance,
raising debt and equity capital, strategic planning, advancing and
implementing new initiatives, mergers and acquisitions and
management of finance, treasury, tax, risk management, procurement,
information technology and accounting functions. She currently
serves as Vice President and Trustee for the Viola Vestal Coulter
Foundation, which provides scholarships to various colleges and
universities, with a focus on mining. She is also the Past
Chair of the Board for the Colorado Association of Commerce and
Industry, a state chamber of commerce.
Ms. Saxton has held senior executive positions at various mining
companies including Thompson Creek Metals Company Inc.,
Franco-Nevada Corporation, New West Gold Corporation, Cyprus Amax
Minerals Company and Amax Gold Inc. Ms. Saxton also was the
Vice President of Finance, Corporate Controller and Chief
Accounting Officer for J.D. Edwards
& Company. Ms. Saxton began her career with Arthur
Andersen & Company after obtaining her Bachelor of Science in
Accounting from the University of
Colorado.
"We are very pleased by the addition of Pam Saxton to our Board of Directors," commented
Stephen D. Alfers, Pershing Gold CEO
and Executive Chairman. "Her extensive experience in mining finance
adds to our current team of experts and will bring tremendous value
as the Company progresses towards production at the Relief Canyon
Mine."
About Pershing Gold Corporation
Pershing Gold is an emerging gold producer whose primary asset is
the Relief Canyon Mine in Pershing
County, Nevada. Relief Canyon includes three historic
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.
Pershing Gold is listed on the NASDAQ Global Market and the
Toronto Stock Exchange under the symbol PGLC and on the Frankfurt
Stock Exchange under the symbol 7PG1.
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SOURCE Pershing Gold Corporation