i-80 Gold Corp. (IAU)

[NYBob]

Premier expands high-grade mineralization at Hasaga in Ontario

https://www.northernminer.com/fast-news/premier-expands-high-grade-mineralization-at-hasaga-in-ontario/1003825038/



Premier Gold's Hasaga project in 2018, located in the Red Lake district
of northwestern Ontario. credit: Premier Gold Mines
BY: CANADIAN MINING JOURNAL STAFF NOVEMBER 17, 2020

Premier Gold Mines (TSX: PG; US-OTC: PIRGF)
has released exploration results from its wholly owned
Hasaga project in Ontario’s Red Lake camp that point to
extensions of the Epp-C and Epp-D zones at
the past-producing site.

The company has reported assay results for six drill holes, which stepped out the Epp-C area to the east and confirm continuity of the high-grade structures within the Epp-D zone for at least 240 metres.

Drill highlights from up-dip extensions of Epp-C include 17 metres of 4.93 grams gold per tonne; and 4 metres of 76.12 grams gold per tonne. Infill drilling within Epp-C returned 8 metres of 26.82 grams gold.

Notable intercepts from Epp-D include 11 metres of 4.94 grams gold and 2 metres of 7.18 grams gold.

“This drilling campaign intersected gold mineralization in every hole and was often accompanied by visible gold,” executive vice president Stephen McGibbon said in a statement. “In addition to significantly expanding the Epp-C and D zones, we have successfully demonstrated widespread mineralization further to the west toward Buffalo that warrants continued exploration.”

The Hasaga project features high-grade mineralization with true widths
of up to 30 metres and is adjacent to Pure Gold Mining’s (TSXV: PGM)
PureGold mine.

The Hasaga site includes the past-producing
Hasaga Gold Mine,
Buffalo Gold Mine and
Goldshore Gold mines. )

Premier’s focus for this year is assessing
the underground potential of Hasaga.
An underground resource estimate is expected by year-end.

Current resources at the site include 42.3 million measured and
indicated tonnes, at 0.83 gram gold,
containing 1.1 million oz. gold; and
25.1 million inferred tonnes, at 0.78 gram gold,
for a further 631,000 oz. gold.

CIBC has a 12-18 month price target on the stock of $4.50 per share.

Over the last year, Premier has traded in a range of 85 cents and $3.10 and at presstime was trading at $2.52 per share. The company has about 237 million common shares outstanding for a market cap of about $598 million.

— This article first appeared in the Canadian Mining Journal, part of the Glacier Resource Innovation Group.

https://www.northernminer.com/fast-news/premier-expands-high-grade-mineralization-at-hasaga-in-ontario/1003825038/


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http://www.321gold.com/editorials/sfs/hubbartt102320.html




Premier Gold Mines riding high with growth potential

Premier Gold Mines is trading at a two-year high having turned its
Mercedes operation in Mexico around while also planning a
spin-out of its Nevada operations.




Premier Gold Mines riding high with growth potential
South Arturo in Nevada, USA

Gold And Silver > Gold-and-silver-news18 September 2020CommentsShare
"Mercedes struggled through 2019 and into 2020, but COVID-19
was an opportunity for the company to step back and rethink
the project from the ground up,"
COO Peter van Alphen told Mining Journal.

https://www.mining-journal.com/gold-and-silver-news/news/1395416/premier-gold-mines-riding-high-with-growth-potential

Gold & Silver bulls starting to break out > ^ > ^ > ^

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Ps.
opinion appreciated
TIA