http://finance.yahoo.com/news/Premie...
THUNDER BAY, ON, May 19 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG - News) is pleased to provide an update of developments and future plans with respect to the Company's Hardrock Project in Northwestern Ontario. The current program, consisting of delineation and exploration drilling, will continue throughout 2009 and is expected to result in an NI 43-101 compliant resource estimate by year end.
Drilling is targeting both open pit and underground style gold zones. Significant potential exists for developing resources in several areas including:
- Open pit-style mineralization at sites where historic resources were
partially delineated by previous operators, in addition to newly
defined mineralization at the Tenacity, EP and Kailey Zones;
- Numerous surface and historic high-grade gold intercepts throughout
the large property package that have received little to no follow-up;
- Historic resource blocks reported to remain within the mine workings,
including high-grade vein targets; and,
- The main mined zones which remain open below the 600m Level.
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FANTOMAS