Pershing Gold currently has the permits in place to advance the Relief Canyon Mine in Nevada into production, it has low start-up costs, and ongoing plans to continue expanding the resource. Pershing Gold.
Pershing Gold is an emerging Nevada gold producer uniquely positioned to create shareholder value by reopening the Relief Canyon Mine. Pershing Gold’s strategy to create shareholder value has four elements:
– Advance the Relief Canyon Mine to commercial production.
– Continue expanding the Relief Canyon deposit through development drilling.
– Explore ~25,000 acre land position to discover and develop additional gold deposits.
– Create value through strategic transactions.
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.
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