May 28, 2016 7:28 AM ET

Metals and Mining

Company Overview of Pershing Gold Corporation

Company Overview

Pershing Gold Corporation engages in the exploration, development, and mining of gold and precious metals primarily in Nevada. It focuses on the exploration of Relief Canyon properties covering an area of approximately 25,000 acres in Pershing County in northwestern Nevada. The Relief Canyon properties comprise approximately 948 owned unpatented mining claims, 120 owned millsite claims, 172 leased unpatented mining claims, and 2,235 acres of leased and 2,770 acres of subleased private lands. The company was formerly known as Sagebrush Gold Ltd. and changed its name to Pershing Gold Corporation in February 2012. Pershing Gold Corporation is based in Lakewood, Colorado.

1658 Cole Boulevard

Building 6

Suite 210

Lakewood, CO 80401

United States

19 Employees

Phone:

720-974-7254

Key Executives for Pershing Gold Corporation

Executive Chairman, Chief Executive Officer and President
Age: 69
Total Annual Compensation: $388.1K
Principal Financial Officer, Principal Accounting Officer, Vice President of Finance and Controller
Age: 49
Total Annual Compensation: $208.3K
Chief Operating Officer
Age: 63
Total Annual Compensation: $145.4K
Senior Vice President
Age: 62
Total Annual Compensation: $265.0K
Compensation as of Fiscal Year 2015.

Pershing Gold Corporation Key Developments

Pershing Gold Corporation Presents at ROTH Precious Metal Corporate Access Day, May-18-2016

Pershing Gold Corporation Presents at ROTH Precious Metal Corporate Access Day, May-18-2016 . Venue: Lotte New York Palace, 455 Madison Avenue, New York, United States.

Pershing Gold Initiates Pre-Feasibility Level Studies and Reports on Progress At Relief Canyon

Pershing Gold Corporation provides an update on the progress to production at its Relief Canyon Mine in Pershing County, Nevada. Pershing Gold is currently in the final stages of approving its 2016 Drilling Program. To that end, the Company is completing geophysics to define additional targets. Pershing Gold has recently contracted Zonge International Inc. of Reno, Nevada to complete gravity as well as induced polarization and resistivity surveys at the project. This work is designed to test the geophysical signature over the mineralization zones at the mine. The surveys will be extended into areas to the west, southwest and south of the mine to aid in drill targeting. The Company is planning a program designed to add ounces to the 2015 infill program, which was designed to upgrade the deposit and develop a better understanding of the geology as the company plans for the restart of Relief Canyon. Pershing Gold has retained Golder Associates of Reno, Nevada to initiate pre-feasibility level geotechnical studies for the Relief Canyon Mine. These studies will outline pit slope design criteria and will define a follow-up pit slope geotechnical program, which are essential steps in Relief Canyon's path to production. These studies will document site conditions, provide a geotechnical model, and provide specific recommendations for a pre-feasibility level program to develop pit slope design. This work will set the stage for a Pre-Feasibility Study of the Relief Canyon project, expected in the fourth quarter of this year. This Pre-Feasibility Study will formalize the work currently being done to move Relief Canyon into production, and is a key step to allow the Company to define reserves at Relief Canyon under Canadian National Instrument 43-101. The Pre-Feasibility Study is expected to provide a higher degree of confidence in the Relief Canyon project and will not negatively affect the Company's timeline to production.

Pershing Gold Corporation Presents at Sidoti Emerging Growth Convention 2016, Mar-31-2016 08:30 AM

Pershing Gold Corporation Presents at Sidoti Emerging Growth Convention 2016, Mar-31-2016 08:30 AM. Venue: Marriott Marquis in Times Square, 6th Floor, 1535 Broadway, New York, NY 10036, United States. Speakers: Jack Perkins, Vice President of Investor Relations.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
March 24, 2016
--
Private Placement
February 25, 2016
--
Private Placement
February 4, 2016
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