Hi Troops..These gold grades make me sick..they are really our gold piles and these guys are hooking them..gotta get 'em back..hostile takeover time..

Premier provides 2010 exploration update - 5 major drill programs totalling approximately 100,000 metres drilling

Shares Issued: 84,452,179

THUNDER BAY, ON, Jan. 12 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) provided today an update of the Company's major 2010 exploration plans for its Northwestern Ontario projects. Drill programs are planned for the Hardrock, Rahill-Bonanza, Lennie, East Bay and PQ-North Properties. Highlights for the upcoming year include:

    -  Actively drilling on 5 properties (Q1), establishing Premier as one
       of Canada's most active gold explorers

    -  Some 100,000 metres of diamond drilling.

    -  NI43-101 resource estimate for Hardrock to be released during Q1

    -  Red Lake underground initiative will open up huge exploration
       potential

    -  Follow-up drilling at PQ North gold discovery zones

Ewan Downie, President and CEO of Premier said, "Premier had spectacular exploration success during 2009. Multiple new high-grade gold discoveries demand aggressive follow-up, resulting in what will be one of the industry's largest exploration and development budgets in 2010. In particular, our success at the Hardrock Project has led to the delineation of what is possibly one of Canada's most exciting new gold projects."

    Hardrock Project - Building on 2009 Successes
    ---------------------------------------------

The Hardrock Project, operated under a joint venture with Goldstone Resources Inc. (TSX:GRC) (Premier holds a 70% interest), will remain the Company's most active project with more than 70,000 metres of drilling planned. In 2009, more than 90,000 metres of drilling was completed at Hardrock, successfully identifying multiple open pit and underground style gold zones with the following highlights:

    -  Discovery of the High Grade North Zone: 1,141.5 g/t Au across
       2.0 metres (33.3 oz/ton across 6.6 feet).

    -  The EP (open pit) Zone was defined over a strike length of more than
       1 kilometre and remains open for expansion.

    -  Discovery of the NN Zone (open pit) along strike from EP - recent
       drill intersections that define this zone include 6.91 g/t Au across
       18.7 m (0.20 oz/ton across 61.3 feet), 5.69 g/t Au across 24.2 m
       (0.17 oz/ton across 79.4 feet) and 52.90 g/t Au across 7.9 m
       (1.54 oz/ton across 25.9 feet).

    -  Late in 2009, initial drilling in a new target area returned
       high-grade results including 121.00 g/t Au across 1.5 m (3.53 oz/ton
       across 4.9 feet).

Not even going to post the rest of the NR..it is not about Geraldton..
Portee