june 2016 mccoy-cove update - premier gold mines limited · 2018-10-24 · june 2016 mccoy-cove...

June 2016 McCoy-Cove Update

Chad Peters

Exploration Manager, NV

www.premiergoldmines.com2

Note Project/Property Tech Report Company Date

(1) Hardrock Mineral Resource Premier Gold Mines Limited August 22, 2014

(2) Trans-Canada PEA Premier Gold Mines Limited February 5, 2015

(3) Hardrock (Trans-Canada) Premier Gold Mines Limited December 13, 2013

(4) Bonanza Premier Gold Mines Limited September 17, 2009

(5) Helen (Cove) Premier Gold Mines Limited January 2, 2014

(6) South Arturo Premier Gold Mines Limited July 15, 2015

This presentation may contain "forward looking information" within the meaning of Canadian securities legislation, which arebased on the opinions and estimates of management and are subject to a variety of risks and uncertainties and other factorsthat could cause actual events or results to differ materially from those projected in the forward looking information. Suchrisks and uncertainties include, but are not limited to, risks associated with the mining industry, the risk of commodity priceand foreign exchange rate fluctuations, the ability of Premier to fund the capital and operating expenses necessary to achievethe business objectives of Premier, as well as those risks described in public disclosure documents filed by Premier. Due tothe 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 to agreementswith third parties who have not prepared, reviewed nor approved this presentation. The presentation is not intended to reflectthe actual plans or exploration and development programs contemplated for such projects.

The Preliminary Economic Assessments (PEA) discussed in this presentation is preliminary in nature, includes inferredmineral resources that are considered too speculative geologically to have the economic considerations applied to them thatwould enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessmentwill be realized. Economic studies will need to be completed prior to accurate guidance being provided.

Stephen McGibbon, P. Geo., (Executive VP Corporate and Project Development) is the Qualified Person for the informationcontained in this presentation and is a Qualified Person within the meaning of National Instrument 43-101.

For further information on the technical data provided in this presentation, including the key assumptions underlying themineral resource herein, refer to the Sedar filings as listed below:

DISCLAIMER


PREMIER PROJECT PORTFOLIO

Core Value - Our Assets

South Arturo, Nevada

PRODUCTION

EXPLORATION

ADVANCED EXPL.

Trans-Canada, Ontario

EXPLORATION

McCoy-Cove, Nevada Red Lake, Ontario

PROVEN & EXPERIENCED MANAGEMENT TEAM: Success in exploration and development

SAFE JURISDICTIONS: North American-Focused

PROJECT PIPELINE: 5 active projects


EXPLORATION - NEVADA

OWNERSHIP: 100% Premier

LOCATION: Battle Mountain-Eureka Trend, NV

STATUS: Drilling/Permitting

PROJECT HIGHLIGHTS:

• Large underexplored land package of 31,000 acres (48 sq. miles)

• Past-production: 3.3M oz. gold and 110M oz. silver

• Current drilling to assess the potential for open pit and underground mineable mineralization

• Planned program for 2016 – +10,000 m of drilling focused on expansion of Helen Zone deposit

• Advancing permitting such that ramp construction could be started in coming years

MCCOY-COVE PROPERTY, NEVADA

Phoenix Mine

+200,000 oz. Au/yr.

Limit of Historic and

Current Exploration

Cove

McCoy

Plan View

McCoy-Cove Plan View

Helen


McCOY-COVE, NEVADA

2016 DRILL PROGRAM



MCCOY-COVE PROPERTY – Helen Zone Drill Program

PG16-01 – Carlin-style mineralization

6.3 m @ 8.73 g/t Au & 11.82 g/t Ag

2016 DRILL PROGRAM



PG16-02 – Carlin-style mineralization

50.9 m @ 7.08 g/t Au & 19.19 g/t Ag

Incl.

13.1 m @ 15.97 g/t Au & 11.00 g/t Ag

2016 DRILL PROGRAM

Proposed Drill Plan– Current Budget

2016 DRILL PROGRAM

www.premiergoldmines.com



Assays Pending

PG16-03 – Multiple intercepts of Carlin-style mineralization

- Suggests confirmation of Cove Thrust model & confirms

mineralization within the Helen Zone

2016 DRILL PROGRAM



PG16-05 – Multiple intercepts of Carlin-style mineralization

- Suggests confirmation of Cove Thrust model & potential

to add mineralization within the Helen Zone

Assays Pending

2016 DRILL PROGRAM


MCCOY-COVE PROPERTY – Leach Pad Reprocessing Opportunity

LEACH PAD REPROCESSING ANALYSIS

• Phase I drill program now completed for grade and metallurgical analysis


• Advancing a pipeline of projects from exploration to production

• Well-financed with ~$30M in cash and investments – expect to end

2016 with more than $100M

• Initial gold production expected Q3 2016 at South Arturo

• Trans-Canada Feasibility Study expected mid-2016

• +50,000m drill program planned for Hasaga in 2016 targeting an

initial resource estimate in Q4

• Currently exploring the “Mine Trend” in Red Lake with Goldcorp

• Assessing multiple development opportunities at McCoy-Cove

SUMMARY


Ewan Downie (807) 346-1390President & CEO

John Begeman (605) 484-3701Executive Chairman

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

Matthew Gollat (807) 346-1397Corporate DevelopmentInvestor Relations

Shobana Thaya (416) 807-1009IR & Corporate Communications

A World of Opportunity- PROVEN MANAGEMENT– WORLD-CLASS DISTRICTS– SAFE JURISDICTIONS-SENSIBLE PARTNERSHIPS -

Symbol: PG Exchange: TSX

KEY CONTACTS

june 2016 mccoy-cove update - premier gold mines limited · 2018-10-24 · june 2016 mccoy-cove...

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