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Additional Information
Market: TSX
Sector: Gold Mining
EPIC: PG
Latest Price: 5.75  (-4.17% Descending)
52-week High: 7.92
52-week Low: 4.22
Market Cap: 700.93M
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Premier Gold Mines
www.premiergoldmines.com

PREMIER is a Canadian-based mineral exploration company experienced in discovering and developing gold deposits in the Superior Province of Canada, one of the world's most endowed mineral regions and the birthplace of several world class Canadian gold producers. Our business model is designed to shorten the pathway to exploration success, while reducing our shareholder's exposure to risk, by focusing on proven mining districts, accessible regions, high grade deposits and safe jurisdictions.

Full Premier Gold Mines profile here
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Premier Gold says drilling at Hardrock continues to find high-grade gold mineralization

15th Apr 2009, 4:22 pm
Premier Gold says drilling at Hardrock continues to find high-grade gold mineralization

Premier Gold Mines Ltd (TSX:PG) said ongoing drilling at the Hardrock project in Geraldton, Northwestern Ontario continues to return high-grade gold mineralization in the Tenacity Zone, as well as high grade narrow vein mineralization in a deeper target, the KL Zone.

This drilling suggests that the Tenacity Zone may improve with depth as confirmed by an intersection of 16.86 grams per tonne gold across 5.5 metres in the furthest down-plunge section drilled to date.

Additionally, drilling has confirmed high grade gold in a deeper target beneath Tenacity with intersections of 40.1 g/t Au across 1.0 metre and 17.45 g/t Au across 1.9 metre.

Drilling so far suggests the potential to develop both open pit and underground resources with apparent improvement in grade and continuity down-plunge, Premier Gold said in a statement.

Follow-up drilling at Tenacity, as well as the testing of other target areas, is ongoing.

The Hardrock project is operated under a joint venture with Roxmark Mines Ltd (TSX-V: RMK), with Premier earning a 70 percent interest.

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