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Premier Gold Mines Limited (TSX-PG) is pleased to provide a summary of results from the 2017 exploration program at the Company’s 100%-owned Hasaga Project in the Red Lake gold mining district of Northwestern Ontario. This program is targeting potential higher-grade gold mineralization along the Hasaga Deep Target trend at depth, proximal to historic results and …
Premier Gold Mines Limited (TSX-PG) is pleased to provide a summary of results from the 2017 exploration program at the Company’s 100%-owned Hasaga Project in the Red Lake gold mining district of Northwestern Ontario. This program is targeting potential higher-grade gold mineralization along the Hasaga Deep Target trend at depth, proximal to historic results and includes new wedged holes from historic drill sites.
As quoted in the press release:
Highlights from the 2017 exploration campaign include:
New C-Zone delineation results include HMP 164 with 9.19 g/t Au across 50.0m and HMP 164-W3 with 12.03 g/t Au across 21.0m.
Previously reported C-Zone results include HMP 151 with 10.94 g/t Au across 54.0m and HMP 17-88-02-W2 grading 22.56 g/t Au across 7.0m.
A mineral resource estimate was released earlier in the year of 1.12M ozs gold Indicated and 0.63M ozs gold Inferred from multiple optimized pit shells, suggesting widespread near surface mineralization having potential for future open pit mining.
A new discovery located 500-metres west of the C-Zone includes HMP 162 grading 9.55 g/t Au across 8.0m and highlights some two kilometres of underexplored property (Hasaga Deep Target) west of Hasaga to the Buffalo mine.
