09:58 AM EST - Premier Gold Mines Limited : provided an update of ongoing surface drilling at the Company's 100%-owned Hasaga Project in the Red Lake gold mining district of Northwestern Ontario. Premier believes that the Hasaga and Gold Shore Mines, which ceased production in the early 1950's, have the potential to host both shallow mineralization (that may be amenable to open pit mining methods) and higher grade underground mineable mineralization. Current drill targets include the main porphyry rock unit that was mined at Hasaga and at the adjacent Howey Gold Mine (these mines produced in excess of 600,000 ounces of gold by underground mining methods) and the Central Target where widespread gold mineralization is known to occur in the Dome Stock granodiorite. Premier Gold Mines Limited
shares T.PG are trading up $0.06 at $2.20.
