Primero Mining Corp. (fka PPPMF)

[wshaw14]

FROOME ZONE (BLACK FOX) UPDATE

The Froome Zone is located approximately 800 metres west of the operating Black Fox gold mine in Ontario, Canada and following the announcement of positive drilling results in Q1 2016, Primero Mining Corp. ("Primero") has been evaluating the deposit as a medium term alternative to complement Black Fox ore. Primero is continuing to assess the potential of the Froome Zone and has commenced an internal economic evaluation of the project. An initial mining plan has been developed and preliminary engineering and geotechnical studies have begun with the focus on accessing the ore body via an underground drift from the Black Fox pit, expediting the permitting process and timeline to initial production. Optimization studies will continue in Q3 2016 with the focus on reducing capital cost and de-risking the project. Primero's regional exploration program is now focused on the discovery of Froome-like gold targets along the mineralized trend.
http://www.prnewswire.com/news-releases/sandstorm-gold-provides-project-updates-593381481.html