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Premier Gold Mines Ltd.
Summary
| Project: | McCoy-Cove | |
|---|---|---|
| Deposit: | CSD Gap | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 8/31/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-8-2016: Premier Gold Mines Ltd. announces an Exploration/Drilling Update report for its CSD Gap deposit at the McCoy-Cove project. Drilling results incl. 38.6m @ 7.75g/t Au, 3.92g/t Ag from 637.3m at CSD Gap. PREMIER GOLD MINES LIMITED (TSX:PG) (“Premi | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen McGibbon (Internal) | |
| ABSTRACT: | PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to announce results from five additional step-out holes within the CSD Gap, located between the Helen Zone and historic Cove South Deep (CSD) underground deposit, has confirmed the extension of high-grade mineralization across substantial widths at the Company’s 100%-owned McCoy-Cove Gold Project, situated 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 CSD Gap, as shown in Figures 1 and 2 below. Results from drill-hole PG16-09, a 100- metre step-out along strike from hole PG16-06 extends high-grade mineralization towards the Helen Zone and remains open for expansion along strike to the northwest. Following conclusion of the drill program Premier anticipates completing a property-wide mineral resource estimate. “The CSD Gap is characterized by high grade intercepts with exceptional continuity as we infill the Gap horizon towards the Helen Zone to the northwest” stated Chad Peters, Nevada Exploration Manager for Premier on the Company’s C-Suite Blog (http://www.premiergoldmines.com/news/c-suite-blog). “The remainder of the 2016 program will consist of additional core holes to broadly infill the remaining CSD Gap area and further test the geometry of this rapidly growing deposit.” | |
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