Pershing Gold Corporation, an emerging gold producer, today announces completion of the Preliminary Economic Assessment (“PEA”) on its Relief Canyon Mine in Pershing County, Nevada.
Mine Development Associates of Reno completed a PEA for the Company’s Relief Canyon gold mine with an effective date of June 2, 2016. The PEA uses approximate three-year average prices of $1,250 per ounce of gold and $17/oz of silver. The full PEA will be posted within the next week on the Company’s website at www.pershinggold.com/relief-canyon/technical-reports.
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