UPDATE: Premier Gold Mines Up 2% On Cove Gold Project Update; Shrs Fell 3% Tuesday

By Midnight Trader,  January 09, 2013, 09:51:20 AM EDT

PREMIER GOLD MINES LIMITED (PG.TO), which fell 3% Tuesday, is up 2% today as it announced additional assay results from the Helen Zone on the company's Cove Gold Project, located in the Eureka-Battle Mountain Trend in Nevada. It said these results continue to expand mineralization, with strong grades and widths, along the Cove anticline to the southeast towards and below the historic mining operations.

The Helen Zone deposit represents a prospective, high-grade, Carlin-style, gold deposit and is the focus of an ongoing drill program which is to extend the mineralization within both the Upper and Lower Helen Zone horizons. Drilling has now expanded this mineralization by 213 metres (700 feet) to the southeast of previously drilled mineralization with the Helen Zones and the favourable horizons remain wide open




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.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Boston Marathon Runners Finally Cross Finish Line
Boston Marathon Runners Finally Cro...
Graduations Bring Normalcy To Ravaged Oklahoma
Graduations Bring Normalcy To Ravag...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%