RBC Research Report on Hardrock Project etc. --- Click Below

http://torontocondo.com/account/46af577a08eceb95/pdfs/RBC__Mar_5.pdf

Note the Hardrock target resource (Exhibit 2) and the price–to-net-asset-value (P/NAV);

then calculate the value of a 30% carried interest in the Hardrock Project.

Premier Gold “PG” 70% & Goldstone Resources “GRC” 30%)

Subsequent to the RBC report this News Release:

Monday April 26, 2010 - --PREMIER EXPANDS NN ZONE MINERALIZATION AT HARDROCK INCLUDING 22.97 G/T AU ACROSS 24.8 METRES

Drilling continues to expand near-surface mineralization at Premier Gold Mines Ltd.'s Hardrock project in Northwestern Ontario. Current drilling is targeting both open-pit- and underground-style zones with the 2010 program aimed at increasing the current gold resource. Recent expansion drilling in the NN zone has returned some of the best intersections to date in this horizon including:

22.97 grams per tonne gold (g/t Au) across 24.8 metres (m) (0.67 ounce per ton across 81.4 feet) contained within 43.3 m grading 13.42 g/t Au (0.39 ounce per ton across 143.0 feet) in hole MM117;

7.87 g/t Au across 19.8 m (or 0.23 ounce per ton across 65.0 feet) in hole MM105;

2.20 g/t Au across 41.4 m (0.06 ounce per ton across 135.8 feet) in hole MM113;

2.25 g/t Au across 24.5 m (0.07 ounce per ton across 80.4 feet) in hole MM099;

High-grade intercepts up to 164.36 g/t Au across 3.3 m (4.80 ounces per ton across 10.8 feet).

Drilling in the NN zone continues to expand mineralization up dip, down-dip and along strike. -----.