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Premier Gold Mines Ltd.
Summary
| Project: | Mercedes Mine | |
|---|---|---|
| Deposit: | Lupita, San Martin, Rey De Oro | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 8/13/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 13-8-2019: Premier Gold Mines Ltd. announces an Exploration/Drilling Update report for its Lupita, San Martin, Rey De Oro deposit at the Mercedes Mine project. Drilling results incl. 3.0m @ 14.02g/t Au, 136.00g/t Ag from 207.7m. THUNDER BAY, ON, Aug. 13, | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Julie-Anais Debre (Not stated) | |
| ABSTRACT: | THUNDER BAY, ON, Aug. 13, 2019 /CNW/ - Premier Gold Mines Limited (TSX: PG) ("Premier", "the Company") is pleased to announce an update on its delineation core drilling program at the Company's 100%-owned Mercedes Mine, located in the State of Sonora, Mexico. This drilling has confirmed two high-grade zones at Lupita Extension at the newly discovered San Martin area. "The new discovery of high-grade mineralization at San Martin, and ongoing success at the Lupita Extension area, continue to demonstrate our ability to add to the mine life at Mercedes," commented Stephen McGibbon, Executive Vice-President. "We are very excited by the prospects for additional discoveries in the coming year". Mercedes is an underground gold and silver mine, with production to date (2011-2018) of approximately 687,000 recovered ounces of gold, that exploits quartz veins and quartz-carbonate stockworks within a low-sulphidation epithermal system (Figure 1). | |
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