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Premier Gold Mines Ltd.
Summary
| Project: | Hasaga | |
|---|---|---|
| Deposit: | Hasaga | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/14/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-5-2018: Premier Gold Mines Ltd. announces an Exploration/Drilling Update report for its Hasaga deposit at the Hasaga project. Drilling results incl. 63.0m @ 4.02g/t Au from 809.0m. THUNDER BAY, ON, May 14, 2018 /CNW/ - Premier Gold Mines Limited (TSX-P | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stephen McGibbon (Internal) | |
| ABSTRACT: | THUNDER BAY, ON, May 14, 2018 /CNW/ - Premier Gold Mines Limited (TSX-PG) ("Premier") is pleased to provide a summary of recent drill results from the Company's 100%-owned Mercedes Mine located in the State of Sonora, Mexico and at the 100%-owned Hasaga Project located in Red Lake, Ontario. Mercedes drilling is focused on in-fill and expansion of mineralization near underground workings and Hasaga drilling on expansion of the high grade C-Zone at depth below the open pit resource. We are very pleased that that both projects continue to generate such compelling drill results," commented Stephen McGibbon, Executive Vice-President of Premier Gold Mines Ltd in the Company's C-Suite Blog (http://www.premiergoldmines.com/news/c-suite-blog). "At Hasaga, the C-Zone and D-Zone targets are clearly structurally-controlled and appear to be open for further expansion, while defining such high grades close to our mine workings at Mercedes will support improved operational performance." Mercedes Mine The 2018 exploration program is focused on the expansion of potential high-grade, near-infrastructure targets that may be upgraded to resources. Early results of the 45,000-metre surface and underground drilling program have identified a highly prospective near-surface, high-grade vein (Aida Vein) in the upper part of the main Mercedes vein system. Recent results from surface drilling in the Aida Vein are summarized in Table 1, with ongoing drilling designed to follow-up significant intercepts from previous programs aimed at defining new reserves. Later in 2018, and into 2019, drilling will focus on the Marianas Zone located down-plunge along the main Mercedes vein structure. A drift is underway to access Marianas from the Lagunas mine workings to allow for definition drilling of this target. Table 1: Summary of the recent drill results for Mercedes Aida Vein | |
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