Pershing Gold Corp's (PINK:PGLC) High Hopes for Gold

Las Vegas, NV -- (SBWIRE) -- 01/25/2013 -- Pershing Gold Corp (PINK:PGLC) has gained 7.22 percent and is closed at $0.58.the company traded $0.97 as its highest and $0.25 as lowest in last 52 weeks. Recently Pershing Gold announced the results of their in house calculation for the Relief Canyon Mine, located in Nevada. The company announced that there are almost 32.5 million ton of gold minerals. Pershing Gold Corp acquired the Relief Canyon Mine in August 2011.

Pershing Gold Corp also declared that Roscoe Postle Associates USA has delivered the report which says that there is in-pit resource of 463,000 ounces of gold at Relief Canyon mines by using pit optimizing software. The company is hopeful that further expansion in estimates is expected with the exploration plan for 2013.

To find out what OTCMAGIC projects for Pershing Gold Corp for both short term and long term please click here: PGLC

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