|Bid||2.3500 x 0|
|Ask||2.3700 x 0|
|Day's Range||2.1900 - 2.3800|
|52 Week Range||1.3900 - 2.5500|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
THUNDER BAY, ON , May 29, 2019 /CNW/ - Premier Gold Mines Limited (PG.TO) ("Premier", "the Company") is pleased to announce the start of a drilling campaign at the Rye Vein and Goldbanks Properties, located some 55 km south of Winnemucca , in Pershing County, Nevada (Figure 1). Premier holds an option to acquire a 100% interest in the Rye Vein Property ("Rye") from Barrick Gold , and up to a 50% interest in the Goldbanks Property from Kinross Gold .
"Our objective at Mercedes during the first quarter was to drive development work necessary to support planned production growth for the remainder of the year" stated John Begeman , Executive Chairman of Premier. "First quarter production at Mercedes is in line with plan, and we are currently on track to meet annual operating and production related targets".
THUNDER BAY, ON , April 9, 2019 /CNW/ - Premier Gold Mines Limited ("Premier" or "The Company") (PG.TO) is pleased to announce that a 2019 core and reverse circulation drilling program is underway at Greenstone Gold Mines (GGM), a 50:50 partnership with Centerra Gold Inc. ("Centerra"). The program is the second phase of a two-phase drilling strategy initiated in 2018 to validate and de-risk the 2016 Feasibility Study block model. Premier is encouraged by the positive results of the phase one program that included reverse circulation drilling a portion of the block model that would be mined during the initial year of potential production. The Greenstone Property, that includes the Hardrock deposit, is located 275 kilometres northeast of Thunder Bay along the Trans-Canada Highway.
THUNDER BAY, ON , April 3, 2019 /CNW/ - Premier Gold Mines Limited ("Premier" or "the Company") (PG.TO) is pleased to announce that it has entered into an option acquisition agreement with Americas Silver Corporation ("ASC") to acquire an option to purchase a 100% interest in the San Felipe Property, located 55 kilometres from the Company's Mercedes Mine in Sonora State, Mexico . Hochschild plc is the underlying owner of the San Felipe Property. The San Felipe Property consists of several claim groups that comprise 16,265 ha with several poly-metallic zones that hosts a high-grade historic mineral resource and has potential for future discoveries.
A total of four transactions have resulted in eight properties and one subsidiary being sold and/or optioned for total consideration of US$2.1 million . The related properties include the Geisler Property, located in the Red Lake district of Ontario , the Faymar Property in Timmins, Ontario and the Santa Teresa Property, located in Baja, Mexico . The Company also entered into an option agreement for the sale of Goldstone Resources Limited, the subsidiary that holds the historic Northern Empire, Leitch and Sand River Mines , as well as other exploration-staged projects in the Beardmore, Ontario region.
Centerra Gold and Premier Gold Mines Report that Greenstone Gold Mines Received Provincial Government Approval of the Hardrock Project Environmental Assessment
THUNDER BAY, ON , March 27, 2019 /CNW/ - PREMIER GOLD MINES LIMITED ("Premier" or "The Company") (PG.TO) is pleased to provide an update of its 2019 exploration program at the Company's 100%-owned Cove Property and the adjacent McCoy-Cove Property where Barrick holds an option to earn a 60% interest by spending US$22 .5 Million before June 30, 2022 . Premier will retain 100% ownership over the Cove Deposit portion ("Cove Carve-Out") that includes the high-grade Helen, Gap, 2201 and CSD Deposits (Figure 1). The 2019 exploration program on the McCoy-Cove joint venture property is designed to include 7,000 m of surface drilling testing several targets by mid-year.
THUNDER BAY, ON , Feb. 1, 2019 /CNW/ - Premier Gold Mines Limited (PG:TSX) ("Premier" or the "Company") is pleased to announce the closing of the previously announced US$50 million secured revolving term credit facility with Investec Bank plc ("Investec"), as administrative agent for the lenders thereunder (the "Investec Credit Facility") and the previously announced financing arrangements with OMF Fund II SO Ltd. and Orion Mine Finance Fund II LP (collectively, "Orion") for aggregate gross proceeds of approximately US$18.3 million . The Investec Credit Facility matures in four years and will be used for working capital requirements and general corporate purposes.
THUNDER BAY, ON , Jan. 25, 2019 /CNW/ - Premier Gold Mines Limited (PG:TSX) ("Premier" or the "Company") is pleased to announce the signing of a definitive credit agreement (the "Credit Agreement") with Investec Bank plc ("Investec"), as administrative agent for the lenders for a US$50 million secured revolving term credit facility (the "Investec Credit Facility"). Premier is also pleased to announce financing arrangements with OMF Fund II SO Ltd. and Orion Mine Finance Fund II LP (collectively, "Orion") for aggregate gross proceeds of approximately US$18.2 million .