Overview

Premier holds a 40% interest in the South Arturo Property with Barrick Gold Corporation owning the remaining 60%. The South Arturo Deposit is located on the historic Dee mining claims approximately 25 miles northwest of the town of Carlin, in Elko County, Nevada. The South Arturo Property is within the Bootstrap mining district at the northern area of the Carlin Trend. The Bootstrap mining district includes the Tara, Bootstrap, Capstone, Dee and Storm gold mines.

Premier is now partnered with a highly-skilled operator in the production of a gold and silver property that has significant leverage to future increases in the price of these precious metals. South Arturo provides potential for open pit production that could extend over 8 to 9-year period with underground mining opportunity as a further upside. The mineralized material from South Arturo will be trucked primarily to Barrick's Goldstrike Mine for processing.

The focus for the 2018 will be to commence construction of the Phase 1 open pit and El Nino underground deposit, which be developed from the bottom of the Phase 2 pit.

For 2018, operational guidance at the mine is 5,000 to 10,000 ozs Au at cash cost of US$600 - $650/ oz Au and all-in sustaining costs of US$620 - $670/oz Au. (Click here for 2018 company guidance press release).

Maps