Premier Gold Extends Mineralization at Hasaga

Premier Gold (TSX:PG) reported additional drill results from its Hasaga property in Ontario’s Red Lake gold mining district. Highlights included intercepts of up to 1.68 grams per tonne of gold over 49 meters and 7.94 grams per tonne of gold across 11 meters.
As quoted in the press release:

The Hasaga Property is host to the past-producing Hasaga and Gold Shore Mines and is strategically-located proximal to the Balmer-Confederation regional unconformity, recognized as an important geologic feature at the multi-million ounce past and currently producing Red Lake area mines.
Table 1 provides a more comprehensive summary of highlight results from additional holes drilled at the Hasaga Porphyry target (previously released results were up to HMP038) which is considered open to the west and at depth. Recent drilling has intersected a new near-surface mineralized zone in the footwall of the Hasaga Porphyry noted as F1 in Table 1 with intercepts including 1.50 g/t Au across 18.0m.
Highlights from holes with completed assays in the Hasaga Porphyry target area include:
Hasaga Porphyry (reporting holes HMP039-077)

• HMP039 – 1.68 g/t Au over 49.0 m including 2.41 g/t Au over 17.6 m.

• HMP053 – 7.94 g/t Au over 11.0 m and 4.67 g/t Au over 4.0 m.

• HMP069 – 1.32 g/t Au over 27.0 m and 1.54 g/t Au over 16.0 m.

• HMP074 – 0.96 g/t Au over 36.0 m and 1.72 g/t Au over 37.0 m.

• HMP076 – 1.50 g/t Au over 18.0 m and 0.87 g/t Au over 34.0 m.

Click here for the full press release.