Home > Boards > Canadian > Basic Materials > Premier Gold Mines Ltd. (TSX:PG)

mick thank you, Gold $87,000 per ounce at

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (2) | Next 10 | Previous | Next
NYBob Member Profile
Member Level 
Followed By 828
Posts 71,870
Boards Moderated 73
Alias Born 11/22/03
160x600 placeholder
Premier Expands High-Grade at Mercedes Mine PR Newswire (Canada) - 11/21/2019 6:00:00 AM
Final LTRA Signed for the Development of the Hardrock Project PR Newswire (Canada) - 11/20/2019 12:24:00 PM
Premier Gold Mines Reports Q3 2019 Results PR Newswire (Canada) - 11/13/2019 6:00:00 AM
Premier Reports Third Quarter Production of 16,484 Ounces Gold PR Newswire (Canada) - 10/30/2019 6:00:00 AM
Premier Provides South Arturo Mine Update - Declares Commercial Production PR Newswire (Canada) - 10/28/2019 6:00:00 AM
Premier Gold Confirms Updated Mineral Resource Estimate at Hardrock PR Newswire (Canada) - 10/3/2019 6:00:00 AM
High-Grade Delineation Continues at Premier's Mercedes Mine PR Newswire (Canada) - 10/2/2019 6:00:00 AM
Ore Processing Commences at Premier's El Nino Mine PR Newswire (Canada) - 9/27/2019 6:00:00 AM
Premier Sells Two Royalties to Franco-Nevada for $6 million PR Newswire (Canada) - 9/25/2019 6:00:00 AM
Premier Bolsters Operations Team with the Addition of Peter van Alphen PR Newswire (Canada) - 9/16/2019 6:00:00 AM
Premier Expands High-Grade at San Martin and Lupita Extension PR Newswire (Canada) - 8/13/2019 6:00:00 AM
Premier Gold Mines Reports Q2 2019 Results PR Newswire (Canada) - 8/6/2019 10:01:00 PM
Premier Reports Q2 2019 Production Results PR Newswire (Canada) - 7/17/2019 6:00:00 AM
Premier Gold Announces the Results of its 2019 Meeting of Shareholders PR Newswire (Canada) - 6/26/2019 7:01:00 PM
Premier Gold Provides Nevada Development Update PR Newswire (Canada) - 6/25/2019 4:00:00 PM
Positive Exploration & Delineation Drilling at Premier Gold Mines' Mercedes Mine PR Newswire (Canada) - 6/25/2019 6:00:00 AM
Premier Annual General Meeting - June 25, 2019 PR Newswire (Canada) - 6/19/2019 1:29:00 PM
Premier Begins Rye and Goldbanks Exploration PR Newswire (Canada) - 5/29/2019 6:00:00 AM
Successful Delineation at Mercedes Mine PR Newswire (Canada) - 5/14/2019 6:00:00 AM
Premier Gold Mines Reports 2019 Q1 Results PR Newswire (Canada) - 5/8/2019 6:00:00 AM
Drilling Intersects High-grade at Marianas, Mercedes Mine PR Newswire (Canada) - 5/7/2019 6:00:00 AM
Premier Reports Q1 2019 Production Results PR Newswire (Canada) - 5/1/2019 6:00:00 AM
Discovery of High-Grade Gold at McCoy-Cove - Antenna Target PR Newswire (Canada) - 4/29/2019 6:00:00 AM
Premier Gold Updates Drilling Activity at Hardrock PR Newswire (Canada) - 4/9/2019 6:00:00 AM
Premier Gold Enters into Option Agreement to Acquire Project near Mercedes Mine PR Newswire (Canada) - 4/3/2019 7:37:00 PM
NYBob Member Level  Thursday, 07/11/19 05:50:15 AM
Re: mick post# 393
Post # of 442 
mick thank you, Gold $87,000 per ounce at Least -
Bill Holter & Jim Sinclair –

Greg Hunter
Published on Jul 9, 2019


Jim Rickards and Egon von Greyerz discuss $10,000 gold -

I'm happy Judy Shelton taking my place on Fed board: Stephen Moore
CNBC Television
Published on 3 Jul 2019

Stephen Moore of the Heritage Foundation and Sarah Bloom Raskin,
former Federal Reserve governor, discuss Trump's nominees
to the Fed with CNBC's "Closing Bell" team.


Premier Gold Mines (TSX: PG) - Increasing Production, Strategy, M&A, Gold Price and Share Price.
CRUX Investor
Published on 5 Jul 2019

Interview with Ewan Downie, President and CEO of Premier Gold Mines (TSX:PG)

This team are capable of making deals, partnering with big companies and
getting access to non-dilutory cash. Despite giving guidance to the
market about depleting production at South Arturo mine, their share
price has been punished. They need to focus on delivering +100,000oz.
Lots of Exploration assets at different stages.

Where did it start.

Company page: https://www.premiergoldmines.com


Three Development Programs Expected to Significantly Increase Future Production
Thunder Bay, June 25, 2019 -

PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to provide an update of ongoing development initiatives at the Company’s South Arturo and Cove properties in Nevada.
Construction of the El Nino underground and Phase 1 open pit mines are progressing, and the Company’s advanced-exploration program has commenced at the 100%-owned Cove Property.

El Nino decline construction is proceeding ahead of schedule at South Arturo
Phase 1 open pit construction is proceeding on schedule at South Arturo
Advanced-exploration program has been initiated at Cove with construction of main power line underway in advance of portal and underground development
“The programs at South Arturo and Cove are aimed at materially increasing the Company’s future production profile”, stated Ewan Downie, President & CEO of Premier.
“Nevada-based exploration will be a primary focus for
the remainder of 2019 as well.”

South Arturo Property (40% PG)

The Company’s South Arturo Property is operated by Barrick Gold (60%).
Construction of the El Nino underground operation is proceeding ahead
of schedule and some ore has now been intersected in the decline.
Ramp connection is expected in the next two weeks and development of
production level access is anticipated to start July 1st with ore
development commencing during the third quarter followed by mining.

Phase 1 open pit construction is proceeding on schedule with more than
5.7 million tons moved year to-date.
Stripping is expected to ramp up in the second half of the year with
up to 16 trucks operating on the property. The main ore zone is
expected to be accessed in the second half of 2020.

Stockpiling of potential heap leach material continues at Phase 1 and
ongoing work suggests some upside in terms of recoveries.
Processing options, which include either constructing a facility on
site or utilizing a facility operated by the Nevada Gold Joint Venture,
are being assessed.

Exploration drilling at the El Niño, the Phase 3 pit project, and at
East Dee will accelerate in the second half of the year with the goal
of increasing reserves and resources.

Cove Property (100% PG)

At the Company’s Cove Property, the first phase of the advanced-
exploration program is now underway.
This work includes a hydrology study with pump test wells and the
construction of a power line into the proposed portal site.
Construction of the portal and proposed underground ramp is scheduled
to commence in Q3-2019.

The Cove deposit represents one of the highest-grade undeveloped gold
deposits in the USA.
The advanced-exploration program will be followed by underground
delineation drilling in advance of completing additional economic work
on the property, a full Feasibility Study, and potentially a bulk
sampling program in advance of full mine development.

A Preliminary Economic Assessment (PEA) was completed for the Cove
(Carve-Out) Project (read May 15, 2018 press release), setting
Premier on a path toward its advanced-exploration program.
Highlights of the PEA include:
Indicated mineral resources of 1,045,000 tons at 0.327 oz/t Au &
0.861 oz/t Ag (948,000 tonnes at
11.22 g/t Au & 29.53 g/t Ag) for
342,000 ounces of gold & 900,000 ounces of silver and
Inferred mineral
resources of 4,037,000 tons at 0.327 oz/t Au & 0.609 oz/t
Ag (3,662,000 tonnes at
11.24 g/t Au & 20.89 g/t Ag) for 1,322,000 ounces of gold &
2,457,000 ounces of silver.
Based on assumptions made in the PEA, an 8-year mining operation
recovering some 740,000 ounces of gold has the potential to host robust
economics (after-tax NPV5 of $142.0 million, and an after-tax internal rate of return of 48%) with low pre-production capital costs.
Encouraged by these positive results, additional permitting is being
completed to gain approvals for future mining at Cove.

McCoy-Cove JV Exploration Update

On April 29, 2019, Premier reported drill results from hole PB19-03R, a
reverse circulation (RC) hole drilled into the Antenna Target on the
McCoy-Cove Property. Results from this first RC hole at Antenna were
deemed significant and warranted twinning of the hole with core for
further validation and to explore through both the entire Favret and
the Dixie Valley lithologies. Given the nature of RC versus core
drilling and the variability inherent in structural-controlled
deposits, some differences were anticipated between the original and
twinned holes.
The core hole twin, PB19-09D, intersected a mineralized zone that was
significantly narrower than the RC hole.
The joint venture team is now assessing the results and determining how
best to continue evaluating the Antenna target.

In January 2018, Premier entered into an agreement with several wholly-
owned subsidiaries of Barrick Gold Corporation whereby Barrick would
hold an option to earn a 60% interest in the exploration portion of
the McCoy-Cove Project (the “Joint Venture Property”) by
spending US$22.5 million in exploration prior to June 30, 2022.

Stephen McGibbon, P. Geo., is the Qualified Person for the information
contained in this press release and is a Qualified Person within the
meaning of National Instrument 43-101.


In GOD We Trust -


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -


God Bless America
opinion appreciated

My opinions are my own and and DD I post should be confirmed as unbiased
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (2) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
Current Price
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist