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Market: TSX
Sector: Gold Mining
Epic: PG
News: Latest news
Web Site: Premier Gold Mines
Other Articles: 05-01-201027-10-200909-06-2009

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Premier Gold Mines

Premier Gold Mines

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.

Wednesday, April 15, 2009

Premier Gold says drilling at Hardrock continues to find high-grade gold mineralization

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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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