11:20 AM EDT, 05/14/2018 (MT Newswires) -- Premier Gold (PG.TO) added 2% in recent trade after it said Monday that exploration drilling at its Mercedes Mine in Mexico and at Hasaga Project in Ontario intersected high grade mineralization.

At Mercedes Mine, the 2018 exploration program is focused on the expansion of potential high-grade, near-infrastructure targets that may be upgraded to resources. Early results of the 45,000-meter surface and underground drilling program have identified a highly prospective near-surface, high-grade vein (Aida Vein) in the upper part of the main Mercedes vein system.

At Hasaga, the Red Lake district has produced nearly 29 million ounces of gold from multiple mineralization settings.

Price: 3.04, Change: +0.07, Percent Change: +2.4