i-80 Gold Corp. (IAU)

[NYBob]

Premier Expands High-Grade at Mercedes Mine
T.PG | 12 hours ago
Canada NewsWire
THUNDER BAY, ON, Nov. 21, 2019

Drilling Intersects 8.9 m of 9.41 g/t Au & 34.15 g/t Ag at Lupita Extension
THUNDER BAY, ON, Nov. 21, 2019 /CNW/ -

PREMIER GOLD MINES LIMITED (TSX:PG) (OTCPK: PIRGF) ("Premier", "the Company") is pleased to announce an update on its 42,000m exploration and delineation core drilling program at the Company's 100%-owned Mercedes Mine, located in the State of Sonora, Mexico. The 2019 drilling campaign is currently focused on delineating new mineral resources in the Lupita Extension area as well as confirming potentially important discoveries at San Martin and Neo (See Figure 1, Table 1). Highlights from October drilling include:

San Martin exploration drilling expands high grade zone with:
1.4 m of 15.80 g/t Au & 69.00 g/t Ag (L19-457D)
4.6 m of 10.03 g/t Au & 57.65 g/t Ag (L19-496D)

Ongoing delineation program at Lupita Extension - highlights:
8.9 m of 9.41 g/t Au & 34.15 g/t Ag (L19-488D)
3.6 m of 7.96 g/t Au & 31.69 g/t Ag (L19-480D)
"Our Lupita Extension and San Martin drill program has emerged as an important contributor to the future of Mercedes," commented Stephen McGibbon, Executive Vice-President. "With true widths approaching 3 m and grades well in excess of 2019 production grades, each new result is quickly adding to the value of this operation."

image: https://mma.prnewswire.com/media/1032929/Premier_Gold_Mines_Limited_Premier_Expands_High_Grade_at_Mercede.jpg

Figure 1 – Grade x Thickness Map of the Lupita-San Martin Drilling Areas, showing cross section location (CNW Group/Premier Gold Mines Limited)


Table 1 – Highlight True Width Intercepts from San Martin and Lupita Extension

Read more at https://stockhouse.com/news/press-releases/2019/11/21/premier-expands-high-grade-at-mercedes-mine#HKbZYmsuDopPuiW2.99