Primero Mining Extends Deep Central Zone, Expands Froome Zone

Primero Mining Corp. (TSX:P,NYSE:PPP) announced further extensions to the Deep Central zone at its Ontario-based Black Fox mine. The company also reported that the Froome zone has been expanded; it is located about 1 kilometer from the open pit at the Black Fox complex.
Highlights include:

• Black Fox Continues to Grow at Depth: Wide intercepts demonstrate the continuation of high-grade mineralization at depth and include highlights of 16.0 grams per tonne (“g/t”) gold over 11.9 metres (520-EX482-76) and 15.4 g/t gold over 10.9 metres (520-EX482-64) located over 800 metres below surface.
• Delineation Drilling Continues to Grow the High-Grade Deep Central Zone: Results from the Deep Central Zone including 10.9 g/t gold over 10.5 metres (580-F392-38A),8.7 g/t gold over 9.1 metres (580-F392-37) and 9.2 g/t gold over 8.4 metres (580-F392-41) have given Primero increased confidence in the wide, high-grade mineralization characteristics of this zone.
• New Gold Zone Materializing at Black Fox: Recent drilling from the Froome zone, located 1 kilometre west of the Black Fox open-pit, include long mineralized intercepts of5.1 g/t gold over 56.7 metres (15PR-G015),4.8 g/t gold over 52.4 metres (15PR-G007) and 5.1 g/t gold over30.9 metres (15PR-G013), demonstrating considerable continuity over long mineralized intervals.
• Gibson South Zone Shows Promise: Highlights include 5.2 g/t gold over 34.0 metres(GF15-1043), and 6.4 g/t gold over 7.0 metres (GF15-1045) at the Gibson South deposit, located 300 metres to the southwest of the Grey Fox Contact zone.

Joseph F. Conway, CEO of Primero, commented:

Our 2015 exploration program at Black Fox continues to exceed expectations, reaffirming our original investment thesis that the high-grade gold mineralization is much more extensive than previously identified. Exploration drilling is already expected to have replaced our estimated full-year underground production at Black Fox, encouraging us that with continued success we’ll be able to grow our resources beyond depletion this year. The extension of the Froome zone into a wide, continuous mineralized zone, located near the Black Fox mine confirms our belief that there remains significant exploration upside outside of the identified deposits at the Black Fox Complex.

Click here to read the full Primero Mining Corp. (TSX:P,NYSE:PPP) press release.