High-Grade Gold Projects
Red Lake and Geraldton are Canada's PREMIER addresses for gold
Premier Goldmines Profile
PREMIER Gold Mines Limited,Thunder Bay, Ontario; PG: TSX; P20: FSX; PIRGF: OTO[USA]
Premier Gold is a Canadian-based mineral exploration company, focused primarily on discovering and developing gold deposits at its strategically-located Trans Canada Project -100%; Red Lake, Ontario joint venture properties and Nevada Saddle Deposit.
Premier Gold is a fully financed company with over $50 million in working capital. There is no corporate debt.
Exploration plans for 2012: $25 million will be spent on defining and exploration of advanced gold prospects in northwestern Ontario and the Saddle deposit in Nevada.
- Geraldton/Beardmore: Trans Canada Project
- RedLake: ; East Bay; Rahill-Bonanza
- Nevada: Saddle Deposit/Carlin Trend
PREMIER DEVELOPMENT POTENTIAL:
At present the Trans Canada project is the number one focus of Premier Gold. It is unique in that there is high quality ore in abundance, existing infrastructure of the community of Geraldton, schools hospitals and shopping are in place. There is a developed and experienced work force in the area ready for work, natural gas pipeline & a major hydro transmission line services the community. Also a rail line and the Trans-Canada highway service the property.
Premier continues to evaluate other high quality, high grade North American-based gold projects with the strong belief that "A World of Opportunity" lies before it and aggressive exploration in proven districts will repeatedly reward our shareholders.
---PEA & Advanced –Exploration at Trans- Canada/100%
--- 2012 Red Lake Tram development & drilling JV49% ----East Bay definition drilling – JV 35%
--- Nevada USA -Carlin Trend Saddle Deposit 100%
Red Lake is Canada's premier address for high grade gold. The world-class Red Lake "Mine Trend", a 35-square kilometre corridor with a 70 year history of discovery, has provided 4 major deposit discoveries in the last 12 years and over 30 million ounces of gold. Premier also holds several advanced-stage gold properties in key districts of Northwestern Ontario.
It is the last parcel of land on the Red Lake “Mine Trend” that is not entirely owned or controlled by Goldcorp. This property holds high prospects for Premier Gold.
It is the last parcel of land on the Red Lake “Mine Trend” that is not entirely owned or controlled by Goldcorp. This property holds high prospects for Premier Gold.
Last changed at 24-Apr-2017 08:37AM by RockLicker