THUNDER BAY, ON, Oct. 26, 2016 – PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to announce that it has entered into two separate and definitive agreements with Goldcorp Inc. (TSX:G, NYSE: GG) (“Goldcorp”) and Kinross Gold Corporation (TSX:K, NYSE: KGC) (“Kinross”) to acquire highly prospective exploration projects in Nevada and Mexico. The projects have had recent exploration work that identified high-grade mineralization where both could represent significant new discoveries for Premier.