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Message: View NN Zone/ Hardrock Location

View NN Zone/ Hardrock Location

posted on Apr 26, 2010 12:23PM

Click below to see NN Zone location: http://torontocondo.com/account/46af577a08eceb95/pdfs/Hardrock_Long_Section.pdf

NN Zone mineralization expanded at Hardrock including 22.97 g/t Au across 24.8 metres. Drilling continues to expand near-surface mineralization at the Hardrock Project.

Ewan Downie, President of Premier states: "Drilling in the NN Zone continues to intersect some of the highest grade near-surface mineralization on the Property that could be mined by open pit methods in the early stages of potential operations at Hardrock. These results bolster the significant resources already defined on the Property and demonstrate the excellent potential to materially increase resources in 2010".

The NN Zone is one of several potential open pit zones that comprise the "Main Area" at Hardrock that was subject to a NI43-101 compliant resource announced earlier in 2010.

The current drilling is focused on defining and expanding the limits of a large mineralized system within the NN Zone area of the Northern Iron Formation with two drill rigs. The plunge of the NN Zone is shallow to the west and it remains open for expansion. Recent drilling down dip continues to confirm wide zones of mineralization within the NN Zone. ----. Current drilling with 5 drill rigs is actively defining potential resources in several areas ----. The Hardrock Project is operated under a joint venture with Goldstone Resources Inc. (TSX-V: GRC) (Premier holds a 70% interest).

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