Premier-Goldcorp intersect Wilmar Horizon at depth - Second drill mobilized to Red Lake joint venture



    Shares Issued: 68,089,741

    THUNDER BAY, ON June 13 /CNW/ - Premier Gold Mines Limited (TSX:PG) is
pleased to announce that drilling has intersected the Wilmar Mine stratigraphy
at a depth of approximately 1150 meters. Additionally, a second surface
diamond drill has been mobilized to the Red Lake District "Rahill-Bonanza
Project". The Project is being operated under a 50/50 exploration joint
venture with Red Lake Gold Mines, a subsidiary of Goldcorp Inc. (TSX:G,
NYSE:  GG). The second drill will be targeting the Wilmar West Granodiorite Zone
at depth.
    The first diamond drill began drilling on May 7, 2007 and is targeting
the Wilmar gold deposit down dip and plunge at depth, approximately 500 meters
below the mine workings in an area where no historical diamond drilling has
been completed. This drilling will consist of a "mother" hole with numerous
wedge holes to test the deposit at depth and to infill a 500 m stratigraphical
"gap" between the Follansbee North Zone to the south, and the Wilmar Mine
workings to the north. During the final years of mining at the adjacent
Cochenour Gold Mine, the Wilmar deposit was developed with 203,256 tons being
mined at an average grade of at least 0.3 oz/ton Au (10.3 g/t Au). Historical
data from the Wilmar Mine indicates that the deposit contains numerous
intervals with high-grade gold mineralization and that the deposit remains
open along strike and at depth. The initial hole has reached target depth and
has intersected several mineralized alteration and vein zones hosted within a
similar stratigraphy to that recorded at the Wilmar Mine, including several
ultramafic horizons. These features are also recognized at Goldcorp's Red Lake
Gold Mines located approximately 3 kilometres to the east where the prolific
"High Grade Zone" was discovered.
    The second surface drill is targeting the Wilmar West Granodiorite Zone
("WGZ"), a second deposit contained on the Wilmar horizon and located on the
Project area. The current hole is targeting the depth extension of the WGZ
approximately 500 meters below any previous work in this area.
    As recently announced, a third drill has started drilling onto the joint
venture Project by collaring on the 41 Level (approximately 1,875 meters or
6150 feet below surface) of the Campbell Complex (formerly Campbell Mine) of
Red Lake Gold Mines. This drilling is testing for possible extensions and/or
repetitions of fault structures, key rock types and vein material on the
project area along strike to the west of the current mine workings.
    Matt Long, P. Geo., Red Lake Exploration Manager of Premier, 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. Core is
sent to Accurassay Laboratories for preparation and analysis - 2 assay-tonne
fire assay with an AA finish on split NQ-sized drill core.

    Premier Gold Mines Limited is a Canadian-based mineral exploration and
development company with diverse property holdings that include several
projects and deposits in Northwestern Ontario and a joint venture in Mexico.
In the Red Lake gold mining camp, two of these are operated in joint venture
with Goldcorp Inc. (TSX:G). A strategic project is also located on the main
Musselwhite Gold Mine trend (Goldcorp-Kinross).

    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.

    %SEDAR: 00024152E




For further information:

For further information: Ewan Downie, President & CEO, Phone: (807)
346-1390, Fax: (807) 345-0284, e-mail: info@premiergoldmines.com, Web
Site:www.premiergoldmines.com


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