Table 1

Hole-ID	UTM Coordinates (m)	Dip/Azimuth (degrees)	From (m)	To (m)	Interval (m)	Grade (g/tonne)	Interval (ft)	Grade (oz/ton)	Zone
MM050*	5503375 E 503714 N	-73/180	662.7	667.5	4.8	39.20	15.7	1.14	North A
681	684	3.0	3.64	9.8	0.11	North A
703.9	710.8	6.9	4.03	22.6	0.12	North B
including	703.9	706.5	2.6	7.9	8.5	0.23	North B
MM050A (wedge hole)	5503375 E 503714 N	-73/180	651.4	654.7	3.3	18.86	10.8	0.55	North A
767.5	768.5	1.0	5.46	3.3	0.16	X
MM079	5503376 E 503714 N	-78/180	716.0	717.0	1.0	21.30	3.3	0.62	X
728.0	729.4	1.4	7.58	4.6	0.22	X
740.0	753.8	13.8	3.16	45.3	0.09	North A
including	740.0	743.7	3.7	7.79	12.1	0.23	North A
	782.5	784.0	1.5	21.90	4.9	0.64	X
MM079A (wedge hole)	5503376 E 503714 N	-78/180	676.6	699.5	22.9	8.41	75.1	0.25	North A
including	687.4	695.5	8.1	15.95	26.6	0.47	North A
	714.6	727.0	12.4	5.66	40.7	0.17	North B
733.0	746.0	13.0	3.68	42.6	0.11	North B
including	741.7	743.2	1.5	10.70	4.9	0.31	North C
MM079B (wedge hole)	5503376 E 503714 N	-78/180	679.1	703.3	24.2	10.05	79.4	0.29	North A
including	679.1	681.3	2.2	39.69	7.2	1.16	North A
including	697.0	700.5	3.5	18.73	11.5	0.55	North A
	712.5	717.2	4.7	4.79	15.4	0.14	North B

* Previously Announced Intersection - True widths estimated at 50-70% of intersection widths

Ongoing work at Hardrock is testing both open pit and underground type targets. Several potential open pit zones have been delineated to be included into a NI43-101 compliant resource estimate that is expected to be completed early in 2010 (initial open pit resource). The focus of drilling has now shifted towards defining underground-style zones that will be included in an updated resource that is expected in Q3 2010.

Significant potential exists for developing resources in several areas including:

• Open pit-style mineralization in the main areas, the Tenacity, EP (includes NN) and Kailey Zones. Significant results to-date include 15.97g/t Au across 32.1m and 4.13g/t Au across 18.9m in the Tenacity Zone, 5.2g/t Au across 37.0m and 19.0g/t Au across 11.3m in the EP Zone, 6.4g/t Au across 22.4m and 52.9g/t Au across 7.9m in the NN Zone, and 1.47 g/t Au across 162.0 metres (m) and 2.16g/t Au across 92.2m in the Kailey Zone;
• Underground-style mineralization in the SP Zone where drilling has returned numerous significant intercepts including 6.6g/t Au across 32.6m and 9.7g/t Au across 11.8m;
• New high-grade vein targets, including the HGN discovery where recent drilling has intersected significant visible gold with intercepts that include 1,141.5g/t Au (33.3 oz/ton) across 2.0m and 49.8g/t Au across 6.0m; and,
• Historical resource blocks that remain within the mine workings and the main mined zones which remain open below the 600m Level as tested by holes MM050 and MM079.

The Hardrock Project is operated under a joint venture with Goldstone Resources Inc. (TSX:GRC) (Premier owns a 70% interest). Goldstone Resources is the product of a merger between Roxmark Mines Limited, Premier's original Hardrock Project Joint Venture Partner, and Ontex Resources Limited. The Hardrock Project is host to several past-producing mines, which collectively produced nearly 3.0 Million ounces of gold primarily from relatively shallow depths (600 metres) from 1938-1968. The Hardrock Project benefits from development advantages with the Trans-Canada Highway, Trans-Canada Pipeline, and major power lines running through the center of the property.

Stephen McGibbon, P. Geo., is the Qualified Person for the information contained in this press release and is a Qualified Person within the meaning of National Instrument 43-101. Assay results are from core samples sent to Activation Laboratories, an accredited mineral analysis laboratory in Ancaster, Ontario, for preparation and analysis utilizing both fire assay and screen metallic methods.

Premier Gold Mines Limited is a well-financed Canadian-based mineral exploration and development company with several active projects and deposits in Northwestern Ontario. In the Red Lake gold mining camp, two projects are operated in joint venture with Red Lake Gold Mines, an affiliate of Goldcorp Inc., and another, adjacent to the Red Lake Gold Mines complex, is operated on a 100% basis. The company also owns a 70% interest in the Hardrock Project, an advanced-stage gold project in the Geraldton area.

For further information, please contact:

Ewan Downie, President & CEO
Phone: 807-346-1390
Fax: 807-346-0100
e-mail: [email protected]
Web Site: www.premiergoldmines.com

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.