Premier Provides Mid-Year Update on Projects

https://www.premiergoldmines.com/news/press-releases/premier-provides-mid-year-update-on-projects

Premier Gold Mines Limited (TSX-PG) is pleased to provide an update of ongoing exploration and development programs at multiple project sites. The 2017 programs include surface exploration, sustained drilling efforts and development initiatives at several operations.

Highlights include:

Mercedes Mine

Underground drilling along strike from the Corona de Oro mine workings has discovered additional high-grade mineralization with intercepts including 116.39 g/t Au & 120.7 g/t Ag across 1.5 metres and 19.84 g/t Au & 700.4 g/t Ag across 3.2 metres.

Development has now reached the Diluvio deposit, located along trend from the Lupita mine workings. Surface and underground drilling continues to define the mineralized horizon prior to mine planning. Step-out drilling has expanded the Diluvio deposit with intercepts up to 10.92 g/t Au & 84.8 g/t Ag across 3.05 metres and 5.17 g/t Au & 13.5 g/t Ag across 30.60 metres.

Underground development (drifting) is underway to access the Marianas Zone, located down-plunge of the Lagunas mine workings. Underground drilling to convert the Marianas Zone from resource to reserve will commence in late 2017.

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