Premier Gold Mines Limited
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Premier updates ‘cornerstone asset’ PEA for McCoy-Cove
Following last month’s announcement of the sale of Premier Gold Mines to Equinox Gold, Premier has released an updated preliminary economic assessment for its McCoy-Cove property in Nevada. The past-producing asset will be part of i-80 Gold, a U.S.-focused spin-out…
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Equinox to buy Premier Gold in US$480M all-stock deal
Equinox Gold (TSX: EQX; NYSE-AM: EQX) is buying fellow miner Premier Gold Mines (TSX: PG), which will spin out its Nevada assets in a new U.S.-focused gold miner to be called i-80 Gold Corp. The all-stock deal valued at $612…
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Orion to pay US$225M for 50% interest in Greenstone Gold Mines
Premier Gold Mines and Centerra Gold have entered into an agreement with an affiliate of the Orion Mine Finance Group pursuant to which Orion will acquire Centerra’s 50% interest in the Greenstone Gold Mines (GGM) partnership for cash consideration of…
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Premier expands high-grade mineralization at Hasaga in Ontario
Premier Gold Mines has released exploration results from its wholly owned Hasaga project in Ontario’s Red Lake camp, which suggest extensions of the Epp-C and Epp-D zones at the past-producing site. The company has reported assay results for six drillholes…
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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…
