Pershing Gold Appoints Pamela Saxton to Board of Directors

LAKEWOOD, Colo., Nov. 13, 2017 /CNW/ -- Pershing Gold Corporation (NASDAQ:PGLC), (TSX:PGLC), (FWB:7PG1) ("Pershing Gold" or the "Company"), an emerging Nevada gold producer, announces the appointment of Pamela Saxton ("Saxton") to its Board of Directors.

Ms. Saxton is a business executive with over 35 years of progressive domestic and international public company finance roles primarily in mining, software and oil and gas. Ms. Saxton has proven results in United States and Canadian public company corporate governance and compliance, raising debt and equity capital, strategic planning, advancing and implementing new initiatives, mergers and acquisitions and management of finance, treasury, tax, risk management, procurement, information technology and accounting functions. She currently serves as Vice President and Trustee for the Viola Vestal Coulter Foundation, which provides scholarships to various colleges and universities, with a focus on mining. She is also the Past Chair of the Board for the Colorado Association of Commerce and Industry, a state chamber of commerce. 

Ms. Saxton has held senior executive positions at various mining companies including Thompson Creek Metals Company Inc., Franco-Nevada Corporation, New West Gold Corporation, Cyprus Amax Minerals Company and Amax Gold Inc. Ms. Saxton also was the Vice President of Finance, Corporate Controller and Chief Accounting Officer for J.D. Edwards & Company. Ms. Saxton began her career with Arthur Andersen & Company after obtaining her Bachelor of Science in Accounting from the University of Colorado.

"We are very pleased by the addition of Pam Saxton to our Board of Directors," commented Stephen D. Alfers, Pershing Gold CEO and Executive Chairman. "Her extensive experience in mining finance adds to our current team of experts and will bring tremendous value as the Company progresses towards production at the Relief Canyon Mine."

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 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 and on the Frankfurt Stock Exchange under the symbol 7PG1.

SOURCE Pershing Gold Corporation