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UPDATE: Premier Gold Down, But Above Early Day Lows As Releases Trans-Canada Property Resource Estimates on Four Deposits

PREMIER GOLD MINES LIMITED (PG.TO) is recovering a bit after earlier touching a day low of $4.01 as it released recently completed mineral resource estimates on four gold deposits located on the company's 100%-owned Trans-Canada Property including the Hardrock, Brookbank, Kailey and Key Lake Deposits.

The undiluted and in-situ estimates were completed by Micon International Limited for each of the deposits utilizing a 3D block model and supported with input from the company's geological personnel. Key assumptions of the updated mineral resource estimates are summarized. Other assumptions provide individual deposit summaries of the resources at Trans-Canada, each being categorized by potential underground (U/G) and/or open-pit (O/P) cut-off grades where appropriate.

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

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

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