Premier Gold Mines Expands High Grade Gold Mineralization at Cove Gold Project, Nevada; Shrs Fell 3% Tuesday
PREMIER GOLD MINES LIMITED (PG.TO), which fell 3% Tuesday, 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
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