LAKEWOOD, Colo., April 26, 2018 /CNW/ -- Pershing Gold
Corporation (NASDAQ:PGLC), (TSX:PGLC), (FWB:7PG1) ("Pershing Gold"
or the "Company"), an emerging Nevada gold producer, announces the
appointment of Jeffrey G. Clevenger
to its Board of Directors.
Mr. Clevenger has over 40 years of experience in the mining
industry. Since March 2009, he has
served as chairman of the board of Golden Minerals Company, also
serving as its President from March
2009 to May 2015 and as its
Chief Executive Officer from March
2009 to September 2015. Mr.
Clevenger served as a director, president and chief executive
officer of Apex Silver Mines Limited from October 2004 until March
2009. Mr. Clevenger worked as an independent consultant from
1999 when Cyprus Amax Minerals Company, his previous employer, was
sold until he joined Apex Silver in 2004.
"We are very pleased by the addition of Jeff Clevenger to our Board of Directors,"
commented Stephen D. Alfers,
Pershing Gold CEO and Executive Chairman. "His extensive experience
in mining operations adds to our current team of experts and will
bring tremendous value as the Company progresses towards a
production decision at the Relief Canyon Mine."
Mr. Clevenger served as senior vice president and executive vice
president of Cyprus Amax Minerals Company from 1993 to 1998 and
1998 to 1999, respectively, and as president of Cyprus Climax
Metals Company and its predecessor, Cyprus Copper Company, a large
integrated producer of copper and molybdenum with operations in
North and South America, from 1993
to 1999. He was senior vice president of Cyprus Copper Company from
August 1992 to January 1993. From 1973 to 1992, Mr. Clevenger
held various technical, management and executive positions at
Phelps Dodge Corporation, including president and general manager
of Phelps Dodge Morenci, Inc.
Mr. Clevenger is a member of the American Institute of Mining,
Metallurgical and Petroleum Engineers and the Metallurgical Society
of America. He holds a B.S. in Mining Engineering with Honors from
the New Mexico Institute of Mining and
Technology and is a graduate of the Advanced International
Senior Management Program of Harvard
University.
About Pershing Gold Corporation
Pershing Gold is an
emerging gold producer whose primary asset is the Relief
Canyon Mine in Pershing County,
Nevada. 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 more than 27,000 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 and on the Frankfurt
Stock Exchange under the symbol 7PG1.
Contact Information
For more information, please
contact:
Stephen Alfers, Executive
Chairman, President and CEO
Jack Perkins, Vice President,
Investor Relations
720.974.7254
investors@pershinggold.com
www.PershingGold.com
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SOURCE Pershing Gold Corporation