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Premier Gold Mines Ltd.
Summary
| Project: | McCoy-Cove | |
|---|---|---|
| Deposit: | CSD Gap | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 6/23/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-6-2016: Premier Gold Mines Ltd. announces an Exploration/Drilling Update report for its CSD Gap deposit at the McCoy-Cove project. Drilling results incl. 38.0m @ 7.96g/t Au, 4.68g/t Ag from 645.1m. THUNDER BAY, ON, June 23, 2016 /CNW/ - PREMIERGOLD MIN | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen McGibbon (Internal) | |
| ABSTRACT: | THUNDER BAY, ON, June 23, 2016 /CNW/ - PREMIERGOLD MINES LIMITED (TSX:PG) ("Premier", "the Company") is pleased to announce that step-out drilling within the 400m Gap (CSDGap) between the Helen Zone and historic Cove South Deep (CSD) underground deposit continues to confirm the extension of high-grade mineralization across substantial widths at the Company's 100%-owned McCoy-Cove Gold Project, located along the Battle Mountain-Eureka Trend in Nevada. The focus of the ongoing 15,000 metre, 23-hole drill program is to test for continuity and expansion of the Carlin-style gold and silver system within the CSDGap, as shown in Figures 1 and 2 below. Results from drill-hole PG16-06, a 100m step-out both up-dip and along strike from hole PG16-02 has extended mineralization towards the Helen Zone with similar grades and thickness. Hole PG16-06, like PG16-02 (previously announced), is one of the higher grade intercepts drilled on the property to-date and indicates the CSDGap horizon remains open for further expansion. Premier is planning to update all mineral resources on the project by Q1 2017 after the conclusion of the current drill program. | |
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