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Premier Gold Mines Ltd.
Summary
| Project: | Hasaga | |
|---|---|---|
| Deposit: | Hasaga | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-1-2017: Premier Gold Mines Ltd. announces a Resource Estimation report for its Hasaga deposit at the Hasaga project. Initial mineral resource estimate for Hasaga project. In September 2016, Premier Gold Mines NWO Limited (“Premier Gold” or the “Company | |
| Resources: | (Resource): 42.2944Mt @ 0.83g/t Au (Ind) and 25.143Mt @ 0.78g/t Au (Inf) at project | |
| CP/QP: | [Resources]: Abderazzak Ladidi, Vincent Jourdain (MRB & Associates) | |
| ABSTRACT: | In September 2016, Premier Gold Mines NWO Limited (“Premier Gold” or the “Company”) retained MRB & Associates (“MRB”), a geological consulting firm based in Val-d’Or, Quebec, to prepare a National Instrument (NI) 43-101 Technical Report for the Hasaga Project, located in the Red Lake Mining district of western Ontario. The purpose of this document (the “Report”) is to provide an independent Mineral Resource Estimate (MRE) of the Hasaga Project for Premier Gold’s Board of Directors, and to provide recommendations for further exploration. This Report has been prepared in accordance with NI 43-101 standards by Vincent Jourdain (Ph.D., P.Eng.), John Langton (M.Sc., P.Geo.) and Abderrazak Ladidi (P.Geo.), (the “Authors”), all of whom are Qualified Persons (QP) under the terms of NI 43-101, and are independent of Premier Gold. The Report will be filed on the System for Electronic Document Analysis and Retrieval (SEDAR), as required under applicable securities regulations. All of the information held by Premier Gold regarding the Hasaga Project was made available for use in this Report, including confidential results and details pertaining to the 2015 and 2016 exploration programs carried out by the Company. A list of the principal material reviewed and used in the preparation of this document is included in the References section of this document. Mr. Langton, conducted a site visit to the Hasaga Project on October 20th and 21st of 2016, accompanied by Jim Rogers, Exploration Manager for Premier Gold. The on-site property visit, explored the general landscape and surface features of the Project. In addition, a number of drillsites (inactive) and outcrops were visited. Mr. Langton also visited Premier Gold’s drill-core storage facility and field office/core shack, in Red Lake. There has no geological exploration, nor significant new data generated on the Project, since Mr. Langton’s site visit. | |
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