Pershing Gold Files Preliminary Feasibility Study

Pershing Gold Files Preliminary Feasibility Study for Relief Canyon on SEDAR

LAKEWOOD, Colo., June 7, 2017 /CNW/ --

Pershing Gold Corporation (NASDAQ GLC) (TSX GLC) (FWB:7PG1) the emerging Nevada gold producer, today announces that its NI 43-101 compliant independent report titled "Technical Report and Preliminary Feasibility Study for the Relief Canyon Mine, Pershing County, Nevada, U.S.A." has been filed on SEDAR.

The report is also available on the Company's website at:

http://www.pershinggold.com/relief-canyon/technical-reports

Mine Development Associates of Reno, Nevada, authored the report, which is dated June 2, 2017, with an effective date of May 26, 2017. For highlights from this report, see the Company's press release dated June 5, 2017.

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 .