Premier is currently advancing a portfolio of eight projects including two operating mines, two advanced exploration/development stage projects and a pipeline of four exploration properties with the goal of building a long-term growth oriented company.
Operating mines include the South Arturo Gold Mine, a joint venture between Premier (40% ownership) and Barrick Gold Corporation’s wholly-owned subsidiary, Barrick Gold Exploration Inc. (“Barrick”) and the 100%-owned Mercedes Mine in Sonora, Mexico.
Near-term advanced exploration/development projects include the 100%-owned Cove Project in the Battle Mountain Trend, Nevada and Greenstone Gold Mines, owned 50% by Premier and 50% by Centerra Gold located in Northwesten Ontario, Canada.
In order to secure sustained and profitable future production, Premier recognizes the value of exploration as the most cost effective approach to replacing production and growing reserves and resources. As such the Company constantly incubates new prospective projects in search for the next mine in its portfolio.
Premier Gold Mines Ltd. (TSX:PG) Gold Market Update -
Premier Gold Mines Limited (“Premier” or “the Company”) is pleased to provide an update of the Company’s 2018 exploration programs and strong results from its multiple projects in Mexico, Nevada and Canada. Premier remains focused on value creation from its asset base with success in exploration being a fundamental driver of this value. THUNDER BAY, January 21, 2019 -
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