cove gold project, nevada usa april 2013 · 5 helen zone gold deposit long section view looking...

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COVE GOLD PROJECT, NEVADA USA April 2013 - PROVEN MANAGEMENT - PROVEN GOLD DISTRICTS - SAFE MINING JURISDICTIONS

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Page 1: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

COVE GOLD PROJECT, NEVADA USAApril 2013

- PROVEN MANAGEMENT

- PROVEN GOLD DISTRICTS

- SAFE MINING JURISDICTIONS

Page 2: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

www.premiergoldmines.com PG:TSX2

DISCLAIMER:This presentation may contain "forward looking information" within the meaning of Canadian securitieslegislation, which are based on the opinions and estimates of management and are subject to a variety of risksand uncertainties and other factors that could cause actual events or results to differ materially from thoseprojected in the forward looking information. Such risks and uncertainties include, but are not limited to, risksassociated with the mining industry, the risk of commodity price and foreign exchange rate fluctuations, theability of Premier to fund the capital and operating expenses necessary to achieve the business objectives ofPremier, as well as those risks described in public disclosure documents filed by Premier. Due to the risks,uncertainties and assumptions inherent in forward‐looking information, prospective investors in securities ofPremier should not place undue reliance on these forward‐looking information.

This presentation has been completed by Premier. Certain corporate projects referred to herein are subject toagreements with third parties who have not prepared, reviewed nor approved this presentation. Thepresentation is not intended to reflect the actual plans or exploration and development programs contemplatedfor such projects.

Historical estimates contained herein have been prepared by previous operators and a qualified person has notdone sufficient work to classify the historical estimates as current mineral resources.

Note Resource Company Date

(1) Helen (Cove) Victoria Gold Corp May 5, 2011

Notes to Mineral Resource Estimates

Page 3: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

• NORTH AMERICAN FOCUS – Pro-mining jurisdictions (Ontario/Nevada)reduce political risk.

• INDUSTRY-BEST MANAGEMENT TEAMStrong history in exploration, mine &corporate development.

• THREE CORE PROJECTS – Red Lake, Trans-Canada & Cove

• FULLY FINANCED – More than $140 Min cash and investments.

• MULTI-MILLION OZ GOLD RESOURCESSteadily increasing resource base withmultiple projects advancing towards development.

• INFRASTRUCTURE – All projects located in the heart of SEVERAL ofNorth America’s “premier” gold mining camps.

THE PREMIER DIFFERENCE

3

FOCUSED ON CORPORATE GROWTH

www.premiergoldmines.com PG:TSX

RED LAKE

Trans-Canada

Cove

Page 4: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

www.premiergoldmines.com PG:TSX

COVE GOLD PROJECT, NEVADA

4

- Four drills actively expanding the high-grade Helen Zone deposit.- Along strike from the historic Cove open pit mine (+2.6 M oz Au)

- Battle Mountain Trend, Nevada

Page 5: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

5

HELEN ZONE GOLD DEPOSITLong Section View Looking North

TRdv

TRf

TRah

TRas

TRapc

0.43 oz/t - 40 ft

0.59 oz/t - 10 ft

0.47 oz/t - 15 ft

0.78 oz/t - 10 ft

0.44 oz/t - 15 ft0.43 oz/t - 10 ft 0. 29 oz/t - 15 ft

0.83 oz/t - 35 ft

0.70 oz/t - 5 ft

0.50 oz/t - 10 ft

TRas - Smelser Pass MemberTRapc - Panther Canyon MemberTRah – Home Station MemberTRf – Favret FormationTRdv – Dixie Valley Formation

1000 ft

DRILLING UNDERWAY

AX-18

Note: Drill Results below pit provided from historic drill data

Cove Pit~2.6 M oz Au+100 M oz Ag

Historic Production

New Intercept (Assays Pending)

AX-90.42 oz/t - 40 ft

Recently Released Assays

Resource update planned H2 2013

AX-21AX-22

AX-16

AX-120.20 oz/t – 83.8 ft

AX-160.98 oz/t – 11.5 ft

AX-221.01 oz/t – 13.1 ft AX-21

0.20 oz/t – 15.0 ft

UNTESTED

AREA

Page 6: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

6

LOWER HELEN ZONE DEPOSITSurface Plan

AX-140.21 oz/ton 24.8 ft

AX-120.27 oz/ton 17.0 ft

AX-180.27 oz/ton 52.5 ft

AX-160.98 oz/ton 11.5 ft

AX-190.06 oz/ton 93.0 ft

AX-13NSV

AX-15NSV

AX-8A0.34 oz/ton 67.0 ft

AX-90.42 oz/ton 40.0 ft

N

AX-221.01 oz/ton 13.1 ft

ft

- 2011 Resource envelopeLower Helen Zone

AX-110.23 oz/ton 19.5 ft

AX-100.46 oz/ton 11.0 ft

AX-210.20 oz/ton 15.0 ft

Premier Gold Mines USACove Gold Project DrillingLower Helen ZoneMarch 7th 2013

AX-24Assays Pending

AX-230.13 oz/ton 5.7 ft

AX-20NSV

AX-25Assays Pending

AX-26Assays Pending

AX-28Assays Pending

Page 7: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

www.premiergoldmines.com PG:TSX7

HELEN ZONE

CovePit

McCoyPit

21000Feet

Windy Point Target

Surface Rock Chip Sample 0.44 oz/t

Near surface resource drilled by Echo Bay late 80’s

COVE PROJECT, NEVADAMAJOR EXPLORATION UPSIDE

- Gold-bearing structural intersectionsimilar to the Helen Zone

- Permitting being completed for amajor drill program ramp-up (from 1 to 4 drill rigs)

Page 8: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

www.premiergoldmines.com PG:TSX8

COVE GRAVITY SURVEY

COVE PIT

HELEN ZONE

- Minor historic exploration outside ofCove & McCoy open pit mines.

- Numerous structures identified bygravity survey to be followed upin future exploration programs.

- Strong geophysical structure islocated coincident with the WindyPoint target area.

McCOY PIT

WINDY POINTTARGET

Page 9: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

www.premiergoldmines.com PG:TSX9

- Cove Project -2013:

- Increased Exploration program at Cove with four drills active to delineate and expand resources

- Recently completed gravity survey has identified future drill targets

- Resource estimate planned for Cove in H2 - 2013

PREMIER CATALYSTS

Page 10: COVE GOLD PROJECT, NEVADA USA April 2013 · 5 HELEN ZONE GOLD DEPOSIT Long Section View Looking North TRdv TRf TRah TRas TRapc 0.43 oz/t - 40 ft 0.59 oz/t - 10 ft 0.47 oz/t - 15 ft

Premier Gold Mines LimitedPremier Gold Mines LimitedKEY CONTACTS:

Ewan Downie (807) 346-1390President & CEO

Stephen McGibbon (613) 376-6782Executive Vice PresidentCorporate & Project Development

Matthew Gollat (807) 346-1397Corporate DevelopmentInvestor Relations

A World of Opportunity- Premier Performance – Premier Growth – Premier Opportunity -

Symbol: PG Exchange: TSX