LAKEWOOD, Colo., June 7, 2017 /PRNewswire/ -- Pershing Gold
Corporation (NASDAQ:PGLC) (TSX:PGLC) (FWB:7PG1) ("Pershing Gold" or
the "Company"), the emerging Nevada gold producer, today announces that its
NI 43-101 compliant independent report titled "Technical Report and
Preliminary Feasibility Study for the Relief Canyon Mine,
Pershing County, Nevada, U.S.A."
has been filed on SEDAR and is now also available on the Company's
website at www.pershinggold.com/relief-canyon/technical-reports.
Mine Development Associates of Reno,
Nevada, authored the report, which is dated June 2, 2017, with an effective date of
May 26, 2017. For highlights from
this report, see the Company's press release dated June 5,
2017.
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.
Legal Notice and Safe Harbor Statement
This press
release contains "forward-looking statements" within the meaning of
the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. All statements, other than
statements of historical fact, including statements with respect to
expanding the Relief Canyon Mine deposit and exploring
opportunities on nearby lands, are "forward-looking statements."
Although the Company's management believes that such
forward-looking statements are reasonable, it cannot guarantee that
such expectations are, or will be, correct. These forward-looking
statements involve a number of risks and uncertainties, which could
cause the Company's future results to differ materially from those
anticipated. Potential risks and uncertainties include, among
others, interpretations or reinterpretations of geologic
information, unfavorable exploration results, inability to obtain
permits required for future exploration, development or production,
general economic conditions and conditions affecting the industries
in which the Company operates; the uncertainty of regulatory
requirements and approvals; fluctuating mineral and commodity
prices, final investment approval and the ability to obtain
necessary financing on acceptable terms or at all. Additional
information regarding the factors that may cause actual results to
differ materially from these forward-looking statements is
available in the Company's filings with the Securities and Exchange
Commission, including the Annual Report on Form 10-K for the year
ended December 31, 2016. The Company
assumes no obligation to update any of the information contained or
referenced in this press release.
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SOURCE Pershing Gold Corporation