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Premier Gold Mines Ltd.

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Summary

Project:

Mercedes Mine

Deposit:Mercedes Mine
Location:Mexico
Commodities:Gold-Silver
Date:1/11/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:11-1-2017: Premier Gold Mines Ltd. announces an Exploration/Drilling Update report for its Mercedes Mine deposit at the Mercedes Mine project. Drilling results incl. 4.6m @ 68.43g/t Au, 71.80g/t Ag from 20.4m. THUNDER BAY, ON, Jan. 11, 2017 /CNW/ ¬ PREMIE
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stephen McGibbon (Internal)
ABSTRACT:THUNDER BAY, ON, Jan. 11, 2017 /CNW/ ¬ PREMIER GOLD MINES LIMITED ("Premier" or "The Company") (TSX:PG) is pleased to provide an update on the Company's 2016 exploration programs and final results from its multiple projects in Mexico and Nevada. Premier remains focused on driving shareholder value by leveraging the potential of its current asset base. Success in exploration is fundamental to value creation. "Premier Gold has a long¬standing commitment to exploration that has resulted in several significant discoveries" commented Premier President & CEO Ewan Downie on the Company's C¬Suite Blog (http://www.premiergoldmines.com/news/c-suite¬blog ). "This commitment will continue during 2017 where we expect our largest annual exploration budget in company history with no less than US$18.5 million being spent on programs expected to have a direct, near¬term impact on future production and on our peer¬best development pipeline."

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