Premier Gold Releases Final Results from 2015 Program at Hasaga

Gold Investing

Premier Gold Mines Ltd. (TSX:PG) provided an update on surface drilling at its Hasaga project, located in Ontario’s Red Lake gold mining district. The update includes final results from the 2015 program at Hasaga.

Premier Gold Mines Ltd. (TSX:PG) provided an update on surface drilling at its Hasaga project, located in Ontario’s Red Lake gold mining district. The update includes final results from the 2015 program at Hasaga.
As quoted in the press release:

Drilling continues to extend near surface mineralization in the Hasaga Porphyry and Central Zone areas and is encountering encouraging initial results at the North Gate exploration target area.

  • HMP081 contains 1.74 g/t Au across 18.0 metres in the new Footwall Zone at the Hasaga Porphyry target area beginning at 48.0m downhole
  • HLD014 contains 0.97 g/t Au across 63.3 metres at the Central Zone target area beginning at 7.5m downhole and HLD030 contains 0.84 g/t Au across 101.0 metres beginning at 253.0m downhole
  • HNG010 contains 57.65 g/t Au across 2.0 metres at 484.0m downhole and HLD020 contains 18.24 g/t Au across 2.0 metres beginning at 326.0m in new high-grade target areas

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.

Stephen McGibbon, executive vice president, corporate and project development, commented:

We have high expectations for our follow-up program at Hasaga this year. Our team will commence drilling on January 28th, following a planning workshop in Thunder Bay.

Click here to read the full Premier Gold Mines Ltd. (TSX:PG) press release.

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