For thousands of other reports visit RSC's Mineral Intellingence Map

Premier Gold Mines Ltd.

opaxe

Summary

Project:

Mercedes Mine

Deposit:Mercedes Mine
Location:Mexico
Commodities:Gold-Silver
Date:1/3/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:3-1-2018: Premier Gold Mines Ltd. announces an Exploration/Drilling Update report for its Mercedes Mine deposit at the Mercedes Mine project. Drilling results incl. 12.2m @ 69.50g/t Au, 111.78g/t Ag from 44.15m. THUNDER BAY, ON, Jan. 3, 2018 /CNW/ - PREMI
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Stephen McGibbon (Not stated)
ABSTRACT:THUNDER BAY, ON, Jan. 3, 2018 /CNW/ - PREMIER GOLD MINES LIMITED ("Premier" or "The Company") (TSX:PG) is pleased to provide an exploration update of the Company's 100%- owned Mercedes Mine in the State of Sonora, Mexico. The 2017 exploration program focused on the expansion of potential high-grade, near-infrastructure targets that may be upgraded to resources. Results of the 45,000 metre program of surface and underground drilling will be included in an updated estimate of the resources and reserves, expected in Q1-2018. The primary target areas (see Figure 1) included 1) the main Mercedes/Barrancas/Lagunas mine trend; 2) Lupita/Diluvio; 3) open pit and underground targets at Rey de Oro; and 4) new potential vein trends on the property beneath post-mineral cover that had not been previously tested. A total of 349 core holes were drilled during the year to test for potential extensions of known vein systems and also new mineralized horizons.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report