Tag "Pershing Gold Reports Upgrade and 34% Increase in Measured and Indicated Resource at Relief Canyon"

July 06, 2015 GOLD (MSM)

Pershing Gold Reports Upgrade and 34% Increase in Measured and Indicated Resource at Relief Canyon

[PR Newswire] – LAKEWOOD, Colo., July 6, 2015 /PRNewswire/ — Pershing Gold Corporation (PGLC) (“Pershing Gold” or the “Company”) announces an upgraded NI 43-101 compliant resource estimate (the “resource”) for its Relief Canyon Project in Pershing County, Nevada. The upgraded resource shows a Measured and Indicated Resource of 739,000 ounces of gold and an Inferred Resource of 70,000 ounces of gold (see Table 1). “This resource update immediately creates additional