Shares Issued: 148,992,712
THUNDER BAY, ON, Dec. 4, 2012 /CNW/ - PREMIER GOLD MINES LIMITED (TSX: PG) is pleased to announce that Paul-Henri Girard has been retained as
Senior Mining Advisor to work with the Corporation in advancing its
portfolio of projects. Paul-Henri brings to Premier over 30 years
experience in mine development and production.
Mr. Girard was most recently Vice President Canada for Agnico Eagle
Mines Limited and is a Mining Engineer from Laval University. While at
Agnico, Paul-Henri was instrumental in developing its flagship LaRonde
Mine as well as other company mining operations. He will provide
technical assistance and advice to Premier as it continues to advance
its projects, including guiding the process as Premier considers
development options that could include a Preliminary Economic
Assessment ("PEA") for the Company's Trans-Canada Project.
Premier continues to strengthen its operating team as it implements the
Company's strategy of becoming a gold producer. Additional recent
additions include Mr. Ebe Scherkus as Director and Chairman and Claude
Lemasson as Director, both of whom bring substantial mineral
exploration and mine development experience.
Mr. Sherkus said, "Paul-Henri has a proven ability to provide build
early development concepts for deposits, and advance these projects to
production. This capability is expected to realize value in Premier's
portfolio of advanced exploration properties and development projects."
Premier's exploration team has now completed building full 3D models for
the multiple deposits that make up the Trans-Canada Project. These
models are in the final stages of block model completion such that the
revised resource is expected to be released in the coming weeks.
Paul-Henri is currently completing preliminary mine modeling for these
deposits, in particular for Brookbank and Hardrock, in advance of an
anticipated PEA in 2013. Earlier this year, Premier received
Environmental Compliance Approval and a Permit to Take Water from the
Ontario Ministry of the Environment. This latest milestone is a
significant step for the potential advancement of the Trans-Canada
Project and provides Premier with the ability to de-water and commence
Advanced Exploration at the historic MacLeod-Mosher Mine site, which is
host to the Company's Hardrock deposit.
Expansion and delineation drilling is also being completed at the Cove
Gold Project in Nevada and an initial resource is expected in late
2013. Permitting is also underway to allow for further resource
expansion which can potentially be moved quickly into Advanced
Exploration including underground access.
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.
Premier Gold Mines Limited is one of North America's leading exploration and development companies
with a high-quality pipeline of gold projects focused in proven, safe
and accessible mining jurisdictions in Canada and the United States.
The Company's portfolio includes significant assets in world class gold
mining districts such as Red Lake, Musselwhite and Geraldton in Ontario
and the most prolific gold trends in Nevada.
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.
SOURCE: Premier Gold Mines Limited
For further information:
Ewan Downie, President & CEO Phone: 807-346-1390 Fax: 807-346-0100
e-mail: Info@premiergoldmines.com Web Site: www.premiergoldmines.com