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gold investing

Premier Announces Solid First Quarter Production Results with 50,979 Ounces of Gold

Priscila Barrera
Apr. 18, 2017 08:53AM PST
Precious Metals Investing

PREMIER GOLD MINES LIMITED (“Premier” or “The Company”) (TSX:PG) is pleased to announce its first quarter production results for 2017 that underscore a continuation of strong performance being realized from the Company’s 40% ownership in the South Arturo Mine located in Carlin, Nevada and its 100% owned Mercedes Mine located in Mexico.  South Arturo is …

PREMIER GOLD MINES LIMITED (“Premier” or “The Company”) (TSX:PG) is pleased to announce its first quarter production results for 2017 that underscore a continuation of strong performance being realized from the Company’s 40% ownership in the South Arturo Mine located in Carlin, Nevada and its 100% owned Mercedes Mine located in Mexico.  South Arturo is a joint venture between Premier and Barrick Gold Corporation’s wholly-owned subsidiary Barrick Gold Exploration Inc. (“Barrick”) which achieved commercial production on August 1, 2016.
As quoted in the press release:

“We are extremely pleased with the continued strong performance at both sites during the quarter, especially at Mercedes where we have recognized a seamless transition from the previous operators,” stated Ewan Downie, President and CEO of Premier, in the company’s C-Suite Blog https://www.premiergoldmines.com/news/c-suite-blog/all, “Numerous initiatives at Mercedes have resulted in increased throughput, particularly beginning late in the quarter, and production from South Arturo continues to surpass expectations.  We are on track to meet the top end of our 2017 production guidance and remain focused on further operational initiatives to ensure long-term production from both mines.

Click here for the full text release

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