Premier Gold Confirms High-Grade Underground Target at Arturo

Premier Gold Mines (TSX:PG) provided an update on exploration and development work at the Arturo mine in Nevada. Arturo is 40 percent owned by Premier and 60 percent owned by Barrick Gold Exploration.
As quoted in the press release:

Ongoing work includes a capitalized pre-stripping program (currently progressing at 200,000 tons per day) and associated site preparation for mining the Phase 2 open pit. Initial gold production is expected in early 2016; however, primary production is expected to begin at mid-year next year.
In addition to mine development, Barrick is conducting drilling on behalf of the JV of the NE Button Hill horizon for high-grade gold mineralization situated down-dip of the Phase 2 pit.This program is designed to infill drill spacing to demonstrate continuity and continue to step out down-dip and along strike.Both targets have been successful with assays being received from 7 holes.

Premier president and CEO, Ewan Downie, said:

Exploration drilling at South Arturo is providing exceptional results in the underground target area immediately below the Phase 2 pit. This horizon is not part of current mineral resources, but is being evaluated as a potential multi-year underground extension following mining in the initial pit.The Carlin Trend is world-renowned for high-grade gold, and this drilling supports this potential on the JV property.

Click here for the full press release.