ROYALTIES
Premier Royalty Corporation
On November 22, 2011 Premier announced the formation of a wholly-owned royalty subsidiary to be named Premier Royalty Corporation. The new subsidiary is being established to hold a number of royalties currently owned by Premier, and is intended to be a vehicle for growth in the future.
The Company holds a portfolio of royalties including several in the Red Lake gold camp and the Carlin Trend in Nevada, and is actively evaluating additional royalties with the goal of creating a stand alone entity to unlock further value for our shareholders. The Carlin portfolio includes a 1.5% royalty in Newmont's Emigrant Springs Deposit that is currently under construction with production expected in mid-2012.
Management
|
Abraham Drost
Chairman
Premier Royalty Corporation,
Premier Gold Mines USA Inc.
Mr. Drost is a registered Professional Geoscientist (Ontario) with twenty five years of experience in the Canadian mining industry. He has a Masters degree in Mineral Exploration (1987) from Queen's University and brings considerable success in discovery, finance and mineral project development as current Chairman of Premier Gold Mines USA, Inc. and Premier Royalty Corporation which are wholly-owned subsidiaries of Premier Gold Mines Inc. (PG:TSX), former President and Director of Sabina Gold and Silver Corporation (SBB:TSX), former President and Director of Sandspring Resources Inc. (SSP:TSX-V), Director of Mega Precious Metals Inc. (MGP:TSX-V) and Director of Source Exploration Corporation (SOP:TSX-V). Prior to this, Mr. Drost was a consulting geologist to industry and with the Mines and Minerals Division of the Ontario Government.
Chairman
Premier Royalty Corporation,
Premier Gold Mines USA Inc.
Mr. Drost is a registered Professional Geoscientist (Ontario) with twenty five years of experience in the Canadian mining industry. He has a Masters degree in Mineral Exploration (1987) from Queen's University and brings considerable success in discovery, finance and mineral project development as current Chairman of Premier Gold Mines USA, Inc. and Premier Royalty Corporation which are wholly-owned subsidiaries of Premier Gold Mines Inc. (PG:TSX), former President and Director of Sabina Gold and Silver Corporation (SBB:TSX), former President and Director of Sandspring Resources Inc. (SSP:TSX-V), Director of Mega Precious Metals Inc. (MGP:TSX-V) and Director of Source Exploration Corporation (SOP:TSX-V). Prior to this, Mr. Drost was a consulting geologist to industry and with the Mines and Minerals Division of the Ontario Government.
President & Secretary |
Ewan Downie |
Chief Operating Officer |
Stephen McGibbon |
Vice-President, Finance |
Steve Filipovic |
Vice-President, Corporate Development |
Matthew Gollat |
