First gold poured at Arturo Mine

Premier Gold Mines announces processing of ore has commenced from the El Nino Mine at South Arturo Mine.  South Arturo is located in the Carlin Trend, Nevada. The El Nino mine was developed on-time and on-budget, with ore now being processed ahead of schedule. Gold production is expected to ramp up in H2-2019, with a first gold bar pour having been held on September 26, 2019.

 

Premier attributable gold production estimated to meet the high end of guidance for the year and the Company expects that, owing to the high-grade ore at El Nino, South Arturo will have a positive effect on cash flow for the Company.

 

“We are excited to once again realize the benefits of South Arturo, increasing the Company’s production profile with an anticipated reduction in overall operating costs”, stated Ewan Downie, President and CEO of Premier. “Premier continues to benefit from the stellar performance of our partner, Nevada Gold, and its demonstrated ability to consistently execute on schedule.”

 

Premier Gold Mines Limited is a gold-producer with a respected exploration and development pipeline of high-quality precious metal projects in proven, accessible and safe mining jurisdictions in Canada, the United States, and Mexico. Premier remains focused on creating a low-cost, mid-tier gold producer through its two producing gold mines - South Arturo and Mercedes - as well as mine development opportunities at McCoy-Cove in Nevada and Hardrock in Ontario. 

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