At 2:00 pm today I attended Premier Gold Mines 3D showing of its initial NI 43-101 Hardrock Project open pit mineral resource (1million +ozs).
The upside potential for the Hardrock Project is significant.
President & CEO Ewan Downie introduced Tim Twomey, Exploration Manager who delivered a very comprehensive presentation.
· Kailey Zone not included in first estimate
· 5 drills currently operating
· Significance of new discovery zones “83” &”93”
· Most zones open
· Drill targets for the Hardrock 2010 / 70,000m exploration program were indicated.
The Hardrock Project is operated under a joint venture 70% Premier / 30% Goldstone.