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Pershing Gold Corporation PGLC
(Total Views: 83)
Posted On: 07/11/2017 10:09:03 AM
Post# of 823
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Posted By: DiamondsInTheRough
Feasibility Study Results

The feasibility study indicates that the mine could have up to 634,000 ounces of gold and 1.6 million ounces of silver reserves. Strong Measured and Indicated (M+1) resources indicate potential reserve growth according to the executive. The study also suggests a mining plan to produce up to 90k oz/year over six years. Estimated cash cost per ounce should be $770 and all-in sustaining costs of $802 per oz.













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