Premier is currently advancing a portfolio of eight projects including two operating mines, two advanced exploration/development stage projects and a pipeline of four exploration properties with the goal of building a long-term growth oriented company.
Operating mines include the South Arturo Gold Mine, a joint venture between Premier (40% ownership) and Nevada Gold Mines (a joint venture between Barrick Gold Corporation and Newmont Corporation), and the 100%-owned Mercedes Mine in Sonora, Mexico. Near-term advanced exploration/development projects include the Greenstone Gold Mines owned 50% by Premier and 50% by Centerra Gold located in Northwesten Ontario, Canada and the 100%-owned Cove Project in the Battle Mountain Trend, Nevada. In order to secure sustained and profitable future production, Premier recognizes the value of exploration as the most cost effective approach to replacing production and growing reserves and resources. As such the Company constantly incubates new prospective projects in search for the next mine in its portfolio.