PERSHING GOLD RESEARCH REPORT
PGLC IS WELL POSITIONED IN NEVADA!

PGLC has strategic relationships in place with Newmont Mining and Coeur Mining, both precious metals producers listed on the New York Stock Exchange.

Newmont Mining (NYSE: NEM), PGLC’s neighbor on three sides, ...has land agreements for their mineral rights with PGLC.

Coeur Mining (NYSE: CDE), PGLC’s neighbor to the North, ...their Rochester operation has been producing just north of Pershing Gold’s Relief Canyon Mine for the past 30 years.


RELIEF CANYON MINE & PROCESSING FACILITY


The Relief Canyon Mine property includes three open-pit mines and a state-of-the-art, fully permitted and constructed heap leach processing facility. The plant has the capacity to treat eight million tons per year. The permitted leach pad can hold 21 million tons and can be readily expanded. The facility is ideally situated to process ore from future discoveries of satellite deposits.

These assets present Pershing Gold with the opportunity to capitalize upon the synergies of an existing processing facility adjacent to a mine that has additional resources to achieve a fast-track path to production at the Relief Canyon Mine.


PGLC's CEO: A HISTORY OF BUILDING SUCCESSFUL COMPANIES


PGLC is led by CEO Stephen Alfers, a veteran mining executive who founded and built a junior gold mining company (NewWest Gold), and sold it to Fronteer Gold, which was subsequently sold for CDN $2.3 billion to Newmont Mining (NYSE: NEM). Alfers is now CEO and a major shareholder of PGLC.

After his successes at NewWest, Alfers was Chief of U.S. Operations at Franco-Nevada (NYSE: FNV), the world's largest gold royalty company.

Since becoming CEO, Alfers has put PGLC on the path to become one of Nevada’s next gold mining companies.


MAJOR STOCKHOLDERS


Major stockholders include Dr. Phillip Frost of Opko Health (NYSE: OPK), who owns more than 53 million shares in PGLC, and Barry Honig of interCLICK, Yahoo! (NASDAQ: YHOO), who owns more than 43 million shares in PGLC. One insider has bought PGLC in at least 16 transactions since July.


PGLC MILESTONES TOWARDS PRODUCTION

  1. PGLC acquired Relief Canyon Mine, a $15 million dollar gold processing plant with most permits in place to go back into production.
  2. PGLC signed a land agreement with Victoria Gold and Newmont Mining, acquiring control of land surrounding the Relief Canyon Mine.
  3. PGLC eliminated property boundary constraints that limited past mine development and expanded landholdings to cover more than 25,000 acres (39 square miles)
  4. PGLC completed drilling programs which yielded nearly five-times increase of Mineralized Material at Relief Canyon
  5. PGLC advanced timeline for reopening Relief Canyon Mine and Processing Complex
  6. PGLC identified two previously undiscovered and unrecognized mineralization styles at Pershing Packard and South Relief, in addition to verifying the gold and silver trends on its property.
  7. PGLC announced on August 26, 2013 completion of $11.1 million Series E convertible preferred financing to fund Pershing’s efforts to advance the Relief Canyon Mine and for other purposes
  8. Alex Morrison, former VP and CFO of Franco-Nevada, joined PGLC's board of directors.
  9. Coeur Mining invested $3.0 million in PGLC at $0.32 per share.
  10. PGLC announced favorable drill results from a recent drilling campaign.
  11. Director Barry Honig significantly increases his personal investment in PGLC by over $5 million in latest financing.
  12. PGLC announces 2013 drilling program to expand gold deposits at its Relief Canyon Mine.
  13. PGLC discovers high-grade gold and extends lower zone mineralization at the Relief Canyon mine.  The Lower Zone remains open in all directions.
  14. Pershing Gold takes key steps towards resuming production at the Relief Canyon Mine.  Expected Q1 2014 updated resource report and PEA.   
  15. Pershing Gold Reports Significantly Higher Gold Grades in New Lower Zone Drilling Results at Relief Canyon

PGLC IS CURRENTLY A VALUE


Owning stock in a small gold emerging producer, like Pershing Gold, can prove to be better than owning a major producer, or physical gold. Emerging producers typically trade at a premium to major producers, and the premiums tend to increase as they get closer to production.

Additionally, PGLC can build value multiple ways: by expanding gold resources, through advancing the Relief Canyon project to production and through leverage to gold prices.

PGLC's cost of production should be relatively low because its near surface gold deposits allow for open-pit mining to feed gold ore to its already built-out gold processing plant.

All of PGLC's mining property is located in Pershing County, Nevada, one of the most mining friendly states in the US. The entire population of Pershing County is less than 7,000 people.


WHAT IS PGLC UP TO TODAY?


PGLC is focused on restarting mining operations at the Relief Canyon Mine property and expanding the estimated resources on its contiguous 25,220 acres land package. In 15 months, three exploration programs have discovered additional gold mineralization both at and immediately adjacent to the Relief Canyon Mine deposit, and also have identified several drill ready targets elsewhere on the company's adjoining mining properties. Pershing’s 2013-14 mine development program’s next steps include completing metallurgy, engineering and geotechnical work to update a 43-101 compliant resource and prepare a Preliminary Economic Assessment.


CONCLUSION


Pershing’s Relief Canyon mine located in the established gold trend along with its neighbors the major producers Barrick Gold, Newmont Mining and Coeur Mining… the company being built by a seasoned CEO... the purchase of an existing gold mine with an existing, permitted gold processing plant... the increase in PGLC's land package by more than 24,000 acres... the completion of multiple phases of PGLC's drilling program... and a recent financing in an extremely difficult environment to raise money...

Research Pershing Gold (PGLC) today!


PRIVACY - SAFE HARBOR - DISCLAIMER:


Smart Money Report is owned and operated by Interactive Investors Inc., a U.S. corporation, which together with its owners and their affiliates, directors, officers and immediate family members are referred to as “III”. III and its affiliate companies have been previously paid $1.9 million and 1 million shares of restricted stock by Pershing Gold for past investor relations work. III has also purchased 290,000 shares (which are now free trading shares) in a private placement, 600,000 shares in the open market and 500,000 shares from a third party shareholder. We fully intend to sell these shares, even as we speak optimistically about the future of PGLC. III may buy and sell the shares in the open market before, during or after the dissemination of this report or at any time, which may cause significant volatility including drops in the price of the PGLC stock price and/or significantly depress PGLC’s stock price.

III electronically disseminates information (the Information) on its websites, in newsletters, featured reports, spam compliant double-opt in email communications or otherwise pertaining to Profiled Companies' (the Issuer or Issuers or Profiled Company or Profiled Companies), the securities of which are most frequently common stock shares quoted on the Over the Counter Bulletin Board (OTCBB) or Pink Sheets. III receives compensation in shares of the Issuer, including PGLC, and III or its associates, affiliated entities, officers, directors or immediate family members fully intend to sell the Shares immediately upon their receipt as well as during the dissemination of such Information or within hours, days, weeks or months thereafter, or at any time; as a result, III's selling activities may cause significant volatility in PGLC’s stock price and/or significantly depress PGLC’s stock price; III affiliates, officers, directors and employees may have also bought or may buy the shares discussed in this report and may profit in the event those shares rise in value. III will not advise as to when it decides to sell and does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market. Readers may encounter difficulties determining what information contained in our publications is material or non-material making it all the more imperative that they conduct further investigation of the Profiled Company and its securities. III hires third party Service Providers to electronically disseminate live news regarding the Issuer, information which we do not independently provide to the Service Provider or verify and upon which we have no control over. We pay cash consideration to the Service Providers; no securities compensation is paid to the Service Providers; and our employees post messages on their individual message boards as a method of disseminating the Information on behalf of our Issuer clients which should never be used as a means of conducting analysis into the Issuer and should only be used as a starting point to obtain the names of pink sheet or OTC Bulletin Board. DISCLAIMER: The opinions contained in this report contain forward-looking statements that involve risks and uncertainties. A company's actual results could differ materially from those described in any forward-looking statements or announcements discussed herein. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SMR is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. SMR is an internet website designed to provide investment ideas to high net worth individuals. Please consult a broker before purchasing or selling any securities viewed in this email. We recommend you use the information found in this piece as an initial starting point for conducting your own research on the stock pick of the month featured company in order to determine your own personal opinion of the company before investing. All statements and opinions contained herein are the sole opinion of the authors and are subject to change without notice. We are not liable for any investment decisions by our readers. Readers should independently investigate and fully understand all risks before investing. It is strongly recommended that any purchase or sale decision be discussed with a financial adviser or broker prior to completing any such purchase or sale decision. Furthermore, our associates and/or employees and/or principals will have stock positions in advertised companies purchased in the open market or in private transactions. These positions may be liquidated without prior notification, even after we have made positive comments regarding the company. The receipt of this information constitutes your acceptance of these terms and conditions. SMR is not affiliated with any newspaper and soley used for advertising purposes. Viewing this advertisement shall not create under any circumstances an offer to buy or sell stock in any company advertised. Nor shall it create any principal-agent relationship between the viewer and us. FORWARD LOOKING STATEMENTS: The information contained herein contains forward looking statements within the meaning of Section 27(a) of the U.S. Securities Act of 1933 and Section 21(e) of the U.S. Securities Exchange Act of 1934. Forward looking statements are based upon expectations, estimates and projections at the time the statements are made and involve risks and uncertainties that could cause actual events to differ materially from those anticipated. Forward looking statements may be identified through the use of words such as “expects”, “will”, “anticipates”, “estimates”, “believes”, or by statements indicating certain actions may, could, should, or might occur. Any statements that express or involve predictions, expectations, beliefs, plans, projections, objectives, goals or future events or performance may be forward looking statements. Forward looking statements regarding PGLC include its opportunity to capitalize on the synergies of the existing mine and processing facility to fast-track production at the Relief Canyon Mine property, the potential expansion of estimated mineral resources, interpretations of exploration results and geologic information and planned update of its 43-101 compliant resource and preparation of a Preliminary Economic Assessment. Factors that could cause actual results to differ materially include but are not limited to the potential inability to raise sufficient capital to carry out its plans, lack of proven and probable reserves at the Relief Canyon Mine property, unfavorable exploration results, changes in interpretations of exploration results and geologic information, adverse economic conditions, fluctuating gold and commodity prices; risks of junior exploration and pre-production activities, delays in obtaining exploration results or new resource analysis or reports, inadequate capital, termination of contracts or agreements, adverse publicity and news coverage, inability to carry out exploration plans and plans for resuming production, loss or retirement of key executives and other key personnel, and other risks detailed in the reports filed with the Securities and Exchange Commission by PGLC, including its Annual Report on Form 10-K for the year ended December 31, 2012. Readers should consult with their own professional investment, tax and portfolio advisors before making any investment decision and should independently verify all information herein. More complete information about PGLC is available from the website of the Securities and Exchange Commission, at sec.gov, and copies of its filings may be read without charge and copies obtained at prescribed rates from the public reference facilities of the Commission, at 450 Fifth Street, NW, Washington, DC 20549. There is no obligation to update any of the information contained or referenced in this report. The information to prepare this report is believed to be from reliable sources, but no representation is made as to the accuracy or completeness of such information. Investment in securities carries a high degree of risk and involves risks and uncertainties, which may result in investors losing all of their invested capital. PRIVACY POLICY: This policy covers how Smart Money Report (SMR) treats personal information that smartmoneyreport.net collects and receives. Personal information is information about you that is personally identifiable like your name, address, email address, or phone number, and that is not otherwise publicly available. SMR collects personal information when you register anywhere on smartmoneyreport.net. We ask for information such as your full name, full address, email address and phone number. Once you register with US and sign in to our website, you are not anonymous to us. By becoming a member of our website, you are giving us the permission to contact you via telephone (voice broadcast/live person), text messages (SMS-standard messaging rates apply-contact your carrier for details), email, direct mail and by any means necessary. SMR automatically receives and records information on our server logs from your browser, including your IP address, cookie information, and the page you request. SMR uses information for the following general purposes: to personalize the content you see, fulfill your requests, contact you, and to improve our services. We limit access to personal information about you to employees who we believe reasonably need to come into contact with that information to provide products or services to you or in order to do their jobs. We may place a cookie on your personal computer. A cookie is a small computer file that our computer sends to your computer and that your computer sends back to us each time you make a request from our site. Cookies help us recognize you when you visit our site again. We use cookies on our site to collect session data for several purposes to personalize and improve your individual viewing experiences on our site. Most Internet browsers automatically accept cookies. However, you can instruct your browser, by editing its options, to stop accepting cookies or prompt you before accepting a cookie from the sites you visit. SMR may update this policy at any time. It is up to the user to check back regularly to see if there have been changes made. The smartmoneyreport.net website requires consideration for and as a condition of allowing you access. Reading and accepting the terms of use and reading and accepting the provisions of our privacy policy are required considerations for granting you the right to visit, read or interact with it. All persons under the age of 18 are denied access to this website. If you are under 18 years of age, it is unlawful for you to visit, read, or interact with this website or its contents in any manner. This website specifically denies access to any individual that is covered by the Child Online Privacy Act (COPA) of 1998. This website reserves the right to deny access to any person or viewer for any reason. Under the terms of the privacy policy, which you accept as a condition for viewing, the website is allowed to collect and store data and information for the purpose of exclusion and for many other uses. The terms of use agreement may change from time to time. Visitors have an affirmative duty, as part of the consideration for permission to view this website, to keep themselves informed of changes. Viewers, users, or customers, collectively referred to herein as "Visitors," are parties to this agreement. The website (www.smartmoneyreport.net) and its owners and/or operators are parties to this agreement, herein referred to as "Website." Unless you have entered into an express written contract with this website to the contrary, visitors have no right to use this information in a commercial or public setting; they have no right to broadcast it, copy it, save it, print it, sell it, or publish any portions of the content of this website. By viewing the contents of this website you agree this condition of viewing and you acknowledge that any unauthorized use is unlawful and may subject you to civil or criminal penalties. The website and its contents are owned or licensed by the website. Material contained on the website must be presumed to be proprietary and copyrighted. Visitors have no rights whatsoever in the site content. Use of website content for any reason is unlawful unless it is done with express contract or permission of the website. The website disclaims any responsibility for the accuracy of the content of this website. Visitors assume the all risk of viewing, reading, using, or relying upon this information. Unless you have otherwise formed an express contract to the contrary with the website, you have no right to rely on any information contained herein as accurate. The website makes no such warranty. The website assumes no responsibility for damage to computers or software of the visitor or any person the visitor subsequently communicates with from corrupting code or data that is inadvertently passed to the visitor's computer. Again, visitor views and interacts with this site, or banners or pop-ups or advertising displayed thereon, at his own risk. By viewing, using, or interacting in any manner with this site, including banners, advertising, or pop-ups, and as a condition of the website to allow his lawful viewing, Visitor forever waives all right to claims of damage of any and all description based on any causal factor resulting in any possible harm, no matter how heinous or extensive, whether physical or emotional, foreseeable or unforeseeable, whether personal or business in nature. Visitor agrees as a condition of viewing, that any communication between Visitor and Website is deemed a submission. All submissions, including portions thereof, graphics contained thereon, or any of the content of the submission, shall become the exclusive property of the Website and may be used, without further permission, for commercial use without additional consideration of any kind. Past performance does not guarantee future results. SMR is not affiliated with any newspaper publications. SMR is strictly used for advertisement purposes and is not a newspaper or online newspaper.