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Last $0.37 USD
Change Today +0.008 / 2.22%
Volume 245.8K
PGLC On Other Exchanges
As of 3:57 PM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

pershing gold corp (PGLC) Snapshot

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02/26/15 - $0.41
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pershing gold corp (PGLC) Details

Pershing Gold Corporation is engaged in the exploration and development of gold and precious metal properties primarily in Nevada. It focuses on the exploration of Relief Canyon properties covering an area of approximately 25,000 acres located in Pershing County in northwestern Nevada. The Relief Canyon properties include approximately 940 owned unpatented mining claims, 120 owned millsite claims, 170 leased unpatented mining claims, and leased and subleased private lands. The company is based in Lakewood, Colorado.

22 Employees
Last Reported Date: 03/5/15

pershing gold corp (PGLC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $625.0K
Principal Financial Officer, Principal Accoun...
Total Annual Compensation: $235.0K
Senior Vice President
Total Annual Compensation: $154.8K
Compensation as of Fiscal Year 2013.

pershing gold corp (PGLC) Key Developments

Pershing Gold Corporation Presents at John Tumazos Very Independent Research Metals and Mining Conference, Mar-30-2015 04:30 PM

Pershing Gold Corporation Presents at John Tumazos Very Independent Research Metals and Mining Conference, Mar-30-2015 04:30 PM. Venue: Westin Grand Central Hotel, 212 East 42nd Street, New York, NY 10017, United States. Speakers: Stephen D. Alfers, Chairman, Chief Executive Officer and President.

Pershing Gold Corporation Announces Update on Core Drilling at the Relief Canyon Mine in Pershing County

Pershing Gold Corporation announced that core drilling at the Relief Canyon Mine in Pershing County, Nevada continues to discover new very high-grade gold intercepts. Drill hole RC15-279 encountered 0.5 meters (1.4 feet) of 123.900 grams per tonne (gpt) gold (Au)/3.618 ounces per ton (opt) Au that is included in a 11.3 meter (37.0 foot) intercept of 5.069 gpt Au/0.148 opt Au. Another highly mineralized hole, RC15-283, contains a 10.7meter (35.1 foot) intercept of 9.886 gpt Au/0.289 opt Au that includes 3.9 meters (12.9 feet) of 25.367 gpt Au /0.741 opt Au and 1.0 meter (3.3 feet) of 84.319 gpt Au/2.462 opt Au. All of the very high-grade drill hole intercepts occur in the Lower and Jasperoid Zones, which lie beneath the Main Zone portion of the deposit that was mined in the 1980s. Pershing Gold first recognized the significance of the Lower Zone and the additional presence of the Jasperoid Zones in its 2013 drilling program. Many of the holes drilled during the 2014 – early 2015 drilling program have helped to further delineate the Lower and Jasperoid Zones, which remain open to the east, west, and south in the North Target Area. The January 2015 holes containing multi-ounce gold intercepts appear to represent another breakthrough discovery, which suggests that future core drilling has significant potential to expand and upgrade the Relief Canyon deposit. The distribution of the holes that have been drilled to date suggests there may be multiple structures that host multi-ounce gold mineralization. Assay data have been received for all of the 134 core holes completed during the 2014 and early 2015 drilling program at Relief Canyon. Now that these results are available, the Company is planning to incorporate this data into an updated resource estimate, which is anticipated to be completed in the second quarter of 2015.

Pershing Gold Announces Expansion of High-Grade Zone with 87.91 gpt (2.57 opt) Intercept at Relief Canyon

Pershing Gold Corporation announced that the core-drilling program at the Relief Canyon Mine in Pershing County, Nevada continues to discover numerous high-grade gold intercepts that further define a broad zone of high-grade gold mineralization in the North Target Area. Drill hole RC15-265A encountered 0.9 meters (3 feet) of 87.912 grams per tonne ("gpt") gold ("Au")/2.567 ounces per ton ("opt") Au that is included in a 9.2 meter (30.3 foot) intercept of 11.422 gpt/0.334 opt Au. Drill hole RC15-269 is another significantly mineralized hole, which contains a 3.1 meter (10.2 foot) intercept of 9 gpt/0.263 opt Au within a 28 meter (91.8 foot) intercept of 1.74 gpt/0.051 opt Au. This hole also includes a 6.2 meter (20.2 foot) intercept of 3.05 gpt/0.089 opt Au. The current Relief Canyon resource estimate does not include any of the 2014 and 2015 drill holes “ including the many core holes in the North Target Area drilled during this time frame. The company is planning to release an updated resource estimate in April of 2015. Once the updated resource estimate is published, the company plans to complete an independent Preliminary Economic Assessment on the Relief Canyon Project.


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