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GERALDTON - ROXMARK

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GERALDTON - ROXMARK
Classification: Active/Verified
Status: Past Producer
Type of Work: Surface
Location:
Canada, Ontario
Nearest Landmark: N/A
Distance from Landmark: N/A
Direction from Landmark: N/A
Latitude: N/A
Longitude: N/A
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Property News

November 11, 2009
Premier Gold Mines Limited announce drill results from the NN Zone, comprising the final results from drilling that will be used for an upcoming NI43-101 resource calculation relating to open pit style deposits on the Hardrock Project in northwestern Ontario. Drilling has delineated multiple zones potentially amenable to open pit mining, including recently identified high-grade gold mineralization within the NN Zones. Select highlights from recent drilling include 5.26 grams per tonne gold (g/t Au; 0.15 ounces per ton) across 11.7 metres (m; 38.4 feet) in hole MM053 3.50 g/t Au (0.10 ounces per ton) across 36.5m (119.7 feet) in hole MM056. Premier intends to release the results of the initial resource estimate prior to the end of 2009. The Hardrock Project is operated under a joint venture with Roxmark Mines Limited. Premier holds a 70% interest.
October 27, 2009
Premier Gold Mines announced that drilling continues to delineate multiple high-grade gold zones at the Hardrock project in Northwestern Ontario, canada. Drilling to follow-up intersections of up to 1,141.5 g/t Au across 2.0m in the HGN Zone continues to define high-grade vein-style mineralization with new intercepts of up to 49.81 g/t Au across 6.0 m. Drilling at the NN Zone has intersected near-surface high-grade vein-style mineralization with intersections of up to 39.15 g/t Au across 3.6 m. The Hardrock project is operated under a joint venture with Roxmark Mines Limited.
October 13, 2009
Premier Gold Mines Limited announce that diamond drilling continues to delineate multiple high-grade gold zones at the Hardrock Project in Northwestern Ontario, Canada. Highlights include high-grade underground potential in the North Limb (NL) and High Grade North (HGN) zones located in close proximity to the EP (open pit) Zone, and open pit potential in the New North (NN) Zone. Drilling at the NN Zone suggests the potential to expand the proposed EP Zone pit envelope west by as much as 300 metres; significant intercepts include results up to 6.42g/t Au across 22.4m. Recent drilling has defined two gold-bearing zones proximal to, and north of, the EP Zone with grades up to 12.5 grams per tonne gold (g/t Au) across 6.7 metres (m) in the NL Zone and 1,141.5g/t Au across 2.0m in the HGN Zone. Expansion drilling at the South Porphyry (SP) Zone continues to define high-grade mineralization with intersections up to 16.72g/t Au across 3.0m.
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