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Premier Gold Reports 1.09 g/t Gold over 177 Meters at Hasaga

Charlotte McLeod
Apr. 05, 2016 10:14AM PST
Gold Investing

Premier Gold Mines Ltd. (TSX:PG) released an update on surface drilling at its Ontario-based Hasaga project, commenting that work continues to extend surface mineralization in the Hasaga porphyry and central zone areas.

Premier Gold Mines Ltd. (TSX:PG) released an update on surface drilling at its Ontario-based Hasaga project, commenting that work continues to extend surface mineralization at the Hasaga porphyry and central zone areas. Encouraging initial results have also been encountered at the Northgate exploration target area.
Highlights are as follows:

  • HMP089 contains 42.11 g/t Au across 7.0m in the H1 Zone at the Hasaga Porphyry target area beginning at 25.0m downhole and includes 285.0 g/t Au across 1.0m beginning at 30.0 m downhole
  • HMP095 contains multiple intercepts including 2.15 g/t Au across 16.5m in the H1 Zone, 2.01 g/t Au across 11.0m in the H2 Zone, and 1.44 g/t Au across 31.0m in the H3 Zone
  • HLD044 contains 0.78 g/t Au across 209.0m at the Central Zone target area beginning at 51.0m downhole and includes 1.14 g/t Au across 40.0m beginning at 172.0m downhole
  • HLD050 contains 0.72 g/t Au across 217.0m beginning at 44.0m downhole and includes 1.05 g/t Au across 61.0m beginning at 44.0m downhole
    • HLD052 contains 1.09 g/t Au across 177.0m beginning at 9.0m downhole including 5.10 g/t Au across 17.0m beginning at 75.0m downhole

*True widths range between 65% and 90% of reported results

Ewan Downie, president and CEO of Premier Gold, commented:

We will use the short drilling break to update our internal mineral inventory and litho-structural models prior to reassessing where our priorities will focus during the summer season. Each of our primary target areas has generated solid results during our winter campaign.

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

tsx:pg premier gold mines
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