Premier Gold Mines Limited
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Premier Gold reports high-grade mineralization at Hasaga project in Ontario
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) has announced the results of exploration work done at the company’s wholly owned Hasaga project, situated in the Red Lake gold district of northwestern Ontario. Hasaga, located contiguous to Pure Gold Mining’s (TSXV: PGM; LSE: PUR) Madsen…
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Premier provides Getchell resource update ahead of project acquisition
Premier Gold Mines has released an updated resource for the Getchell gold project in Nevada – last month, the company announced a definitive purchase agreement for the asset with Waterton Global Resource Management. Measured and indicated resources at Getchell consist…
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Orogen Royalties options Mexican gold project to Hochschild
Orogen Royalties has announced its first deal since the formation of the company this month – a US$10.4-million option agreement with Hochschild Mining. The agreement will see Hochschild earn up to 100% of the Sarape gold project in Sonora, Mexico,…
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GOLD: Premier to acquire Getchell project in Nevada from Waterton
ONTARIO – Premier Gold Mines has entered into a definitive purchase agreement with Waterton Global Resource Management to acquire a 100% interest in the Getchell gold project, which lies within the Getchell gold belt near Winnemucca in Nevada. To acquire…
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GOLD-COPPER: Nomad to acquire royalty on Troilus gold project
QUEBEC – Newly formed royalty and streaming co. Nomad Royalty has entered into a royalty purchase agreement with a private vendor to acquire a 1% net smelter return (NSR) royalty on a portion of Troilus Gold’s Troilus Gold project for…
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GOLD-SILVER: Premier terminates 40% of workers at Mercedes in Mexico
MEXICO – Premier Gold Mines announced that it is fully restarting operations at its Mercedes gold-silver mine in Mexico, but with a new strategy that requires letting go of a significant number of employees. In a press release, Premier explained that…
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GOLD-SILVER: Hochschild to invest US$8M for initial stake in Riverside project
VANCOUVER – Riverside Resources has optioned its Los Cuarentas project, in Sonora, Mexico, to Hochschild Mining in a deal that will see the major spend U$8 million over five years to earn an initial 51% interest. The prospect generator has…
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PRECIOUS METALS: New royalty and streaming company Nomad starts trading
MONTREAL – Nomad Royalty, a new precious metals royalty and streaming company, will begin trading on the TSX on May 29, after completing a reverse takeover and acquiring the royalty portfolio of Yamana Gold and streaming assets from Orion Resource…
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Premier offers US$205M for Centerra’s stake in Greenstone Gold Mines
Premier Gold Mines is offering to purchase the remaining 50% interest it doesn’t already own in the Greenstone Gold Mines Partnership (GGM) from Centerra Gold for US$205 million. GGM’s principal asset is the Hardrock gold project (formerly known as the Trans-Canada property), in…
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MINING PEOPLE: Asanko, Compass Gold, Ivanhoe, Premier Gold Mines, Unigold
David Sidoo resigned as a director of Advantage Lithium; Sidoo was a founding shareholder of the company. Gordon Guiboche resigned as a director of Anglo-Bomarc Mines. John Lee Wong has been appointed the company’s president and to its board. Paul…
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GOLD: Premier increases financing to $38M
TORONTO – Premier Gold Mines has announced an overnight marketed offering of $38 million, increased from approximately $33 million previously. The offering, co-led by CIBC Capital Markets and Sprott Capital Partners, will involve the issue of 25.3 million shares at…
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GOLD: Premier, Centerra, First Nations ink final agreement for Hardrock project
ONTARIO – Greenstone Gold Mines – a 50:50 joint venture of Toronto’s Centerra Gold and Premier Gold Mines based in Thunder Bay, Ont. – and Aroland First Nation, Animbiigoo Zaagi’igan Anishinaabek, and Ginoogaming First Nation have signed a long term…
