Premier Reports Production Results For 2017 And Guidance For 2018

PG-2017-Q4-FullYearProductionResults

PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to announce fourth quarter and full-year 2017 production results as well as consolidated production and cost guidance for 2018.

All dollar figures are in United States dollars unless otherwise indicated.

2017 Fourth Quarter Highlights:

  • Gold production of 24,385 ounces
  • Silver production of 77,082 ounces

2017 Full-Year Highlights:

  • Gold production of 139,658 ounces
  • Silver production of 357,901 ounces
  • Commenced work on El Nino underground project and advanced the Phase 1 pit project
  • New resource estimates released for the McCoy-Cove (Nevada) and Hasaga (Ontario) projects

2018 Production and Cost Guidance:

  • Gold production of between 85,000 to 95,000 ounces
  • Silver production of between 300,000 to 325,000 ounces
  • Forecast cash operating costs of between $690 to $740 per ounce of gold(i)
  • Forecast all-in sustaining costs (AISC) of between $800 and $850 per ounce of gold(i)

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