11:22 AM EDT, 05/14/2019 (MT Newswires) -- Premier Gold Mines Limited (PG.TO) has announced multiple new and high-grade intercepts from the expansion and delineation program active at the Mercedes Mine, located in Sonora, Mexico.

Highlights of this ongoing drill program include:

New mineralized veins have been discovered at San Martin and Margarita, outlining a 3 km corridor with high potential for future discoveries;

Lupita vein extension drilling returned multiple intercepts including 3.9 m of 5.99 g/t Au & 40.75 g/t Ag and 2.9 m of 5.70 g/t Au & 56.00 g/t Ag;

Ongoing delineation program at Lupita intersected high-grade intercepts including 1.2 m of 10.75 g/t Au & 89.31 g/t Ag;

Diluvio West delineation returns 30.4 m of 6.43 g/t Au & 11.91 g/t Ag including 4.4 m of 13.79 g/t Au & 21.93 g/t Ag.

The Mercedes trend is host to a series of high-grade sub-vertical veins with production to-date of some 687,000 recovered ounces of gold. Four kilometres east of this main trend is an under-explored basin that hosts both the Lupita and Diluvio deposits. Premier aims to convert a portion of Lupita and Diluvio resources to mineral reserves during the balance of 2019 and successfully explore for potential resource extensions.

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