Premier Gold Mines Limited to be Added to S&P/TSX Composite Index

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PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”) is pleased to announce that Premier will be added to the Toronto Stock Exchange’s benchmark S&P/TSX Composite Index, effective at the open on Monday, September 19, 2011. The S&P/TSX Composite is the headline index for the Canadian equity market. It is the broadest in the S&P/TSX family and is the basis for multiple sub-indices including, but not limited to, equity indices, income trust indices, capped indices, GIC indices and market cap based indices.

“Inclusion in the S&P/TSX Composite Index is recognition of Premier’s sustained growth profile and a testament to the hard work of the Company’s employees and management team, which has resulted in strong long-term share price performance and significant exploration success.” stated President & CEO Ewan Downie.

Premier Gold Mines Limited is one of North America’s leading exploration companies with a high-quality pipeline of projects focused in proven, safe and accessible mining jurisdictions in Canada and the United States. The Company’s portfolio includes significant assets in world class gold mining districts such as Red Lake, Musselwhite and Geraldton in Ontario and the Carlin Trend in Nevada.