Premier Gold Mines Updates Current Reserves & Resources at Mercedes Mine, Mexico

THUNDER BAY, ON, Oct. 3, 2016 – PREMIER GOLD MINES LIMITED (“Premier” or “The Company”) (TSX:PG) is pleased to confirm a current Mineral Reserve and Resource estimate for the Company’s 100%-owned Mercedes Mine, located in the State of Sonora, Mexico, some sixty-five (65) kilometres southeast of Magdalena de Kino. The estimate, completed by the Mercedes Mine personnel (with an effective date of June 30, 2016) is documented in an independent technical report completed on behalf of Premier by Roscoe Postle Associates Inc. (RPA).

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