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Market: TSX
Sector: Gold Mining
Epic: PG
News: Latest news
Web Site: Premier Gold Mines
Other Articles: 27-10-200909-06-200915-04-2009

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Tuesday March 16, 12:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Monday March 15, 11:56Bionomics to present at Ultimate Healthcare & Biotechnology Event, March 24

Deborah Rathjen, CEO of Bionomics, recommended by UK Investment Reseach house Edison Investment Research, "our new valuation for BNO is at 55 cents" will present in Sydney.

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Monday March 15, 09:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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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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