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Premier Gold Mines Ltd.
Summary
| Project: | McCoy-Cove | |
|---|---|---|
| Deposit: | Antenna | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 4/29/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 29-4-2019: Premier Gold Mines Ltd. announces an Exploration/Drilling Update report for its Antenna deposit at the McCoy-Cove project. Drilling results incl. 118.9m @ 4.12g/t Au from 606.6m. THUNDER BAY, ON, April 29, 2019 /CNW/ - Premier Gold Mines Limite | |
| Resources: | (Resource): 1.05Mt @ 11.21g/t Au (Ind) and 4.04Mt @ 11.25g/t Au (Inf) | |
| CP/QP: | [Overall Report]: Julie-Anaïs Debreil (Not stated) | |
| ABSTRACT: | THUNDER BAY, ON, April 29, 2019 /CNW/ - Premier Gold Mines Limited (TSX:PG) ("Premier", "the Company") is pleased to announce the discovery of high-grade gold mineralization intersected in the first hole drilled at the Antenna target, located between the historic Cove and McCoy gold/silver open-pit mines where Barrick Gold (TSX:ABX) ("Barrick") Is spending $22.5M to earn a 60% interest in the area surrounding Premier's wholly owned Cove Deposit. "Premier and Barrick geological teams have worked closely in identifying multiple high-quality targets that will be tested in the current drill program", commented Ewan Downie, President & CEO. "The resulting Antenna discovery consists of mineralization contained entirely within the Favret Formation, a highly receptive and underexplored carbonate host rock at McCoy-Cove. On a grade thickness basis, this drill intercept represents one of the most significant ever drilled on the property and terminated in high-grade mineralization". | |
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