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PREMIER - DRILLING CONTINUES TO EXPAND NEAR-SURFACE GOLD ZONES AT HARDROCK
Shares Issued: 102,333,413
THUNDER BAY, ON, Aug. 25 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) is pleased to announce that ongoing drilling continues to delineate significant near-surface gold mineralization in multiple zones at the Hardrock Project in Northwestern Ontario. Current drilling is focused on expanding and defining near-surface, open pit style, mineralization in addition to defining multiple zones of higher grade mineralization that are expected to comprise resources amenable to underground mining methods. Highlights from recent drilling include:
- The identification of two primary high-grade lenses within the NN
Zone horizon. Intersections in the newly identified "East Lense"
have returned up to 13.05 grams per tonne Gold (g/t Au) across 4.1
metres (m) or 0.38 ounces per ton (oz/t) across 13.5 feet.
- Infill and expansion drilling further defines the EP Zone (open-
pit) target with intersections of up to 3.16 g/t Au across 16.5 m
(0.09 oz/t across 54.1 feet), 7.10 g/t Au across 9.0 m (0.21 oz/t
across 29.5 feet) and 5.43 g/t Au across 10.2 m (0.16 oz/t across
33.5 feet).
- Deep drilling in the North and F-Zone continues to intersect
impressive gold values suggesting excellent resource potential
proximal to and below existing mine workings. Further results from
this drilling are expected in the near future.