Premier Gold Mines Provides Hardrock Drilling Update; Near Yr Lows

By
A A A

PREMIER GOLD MINES LIMITED (PG.TO), near a year low $1.75, announced additional high-grade results from ongoing drilling at the Trans-Canada Property's Hardrock Deposit located near Geraldton, Ontario. It said drilling confirms the robust nature of the primary mineralized zones and the potential to expand mineralization. New highlight intercepts include:

1.90 grams per tonne gold (g/t Au) across 51.8 metres (m) and 2.14 g/t Au across 41.5 m in hole HR131, a step-out hole beneath the current 200m limit of the resource designated as potentially open-pittable .

3.50 g/t Au across 20.7 m in hole MM351 drilled to upgrade current resources from the Inferred to Indicated category.

12.43 g/t Au across 12.0 m in hole MM324 drilled to upgrade Inferred resources in the deeper portion of the F-Zone.

22.87 g/t Au across 3.0 m in hole MM336 drilled down-plunge of the North Zone deposit.

8.46 g/t Au across 5.5m in hole MM337 and 10.52 g/t Au across 2.5m in hole MM340 drilled to test the new "Mulligan Zone" at Hardrock.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks:

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

35,492,074
  • $16.35 ▼ 21.05%
15,673,047
  • $118.915 ▲ 1.12%
12,841,421
  • $41.085 ▲ 0.82%
12,777,946
  • $77.095 ▲ 1.94%
10,437,685
  • $38.95 ▲ 3.51%
10,433,861
  • $10.76 ▲ 3.56%
9,836,975
  • $41.14 ▲ 3.47%
9,410,948
  • $17.05 ▼ 0.29%
As of 11/26/2014, 11:04 AM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com