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Tuesday, May 29, 2012

Pershing Gold Announces Sale of Noncore, Nevada Properties to Valor Gold

LAKEWOOD, Colo., May 29, 2012 (GLOBE NEWSWIRE) -- Pershing Gold Corporation (OTCBB:PGLC) is pleased to announce the sale of its two Lander County, Nevada properties, Red Rock and North Battle Mountain, to Valor Gold Corporation (OTCBB:VGLD) for cash and Valor common stock. This sale is a strategic transaction designed to benefit both companies. "The sale of the Red Rock and North Battle Mountain properties is a win-win for both Pershing Gold and Valor Gold," explained Stephen Alfers, Executive Ch...continued
   

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