Proven Management – Proven Gold Districts – Safe Jurisdictions Cove-McCoy Project August 2014 Symbol: PG 1-888-346-1390 Exchange: TSX www.premiergoldmines.com
DISCLAIMER: PG:TSX This presentation may contain "forward looking information" within the meaning of Canadian securities legislation, which are based on the opinions and estimates of management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward looking information. Such risks and uncertainties include, but are not limited to, risks associated with the mining industry, the risk of commodity price and foreign exchange rate fluctuations, the ability of Premier to fund the capital and operating expenses necessary to achieve the business objectives of Premier, as well as those risks described in public disclosure documents filed by Premier. Due to the risks, uncertainties and assumptions inherent in forward-looking information, prospective investors in securities of Premier should not place undue reliance on these forward-looking information. This presentation has been completed by Premier. Certain corporate projects referred to herein are subject to agreements with third parties who have not prepared, reviewed nor approved this presentation. The presentation is not intended to reflect the actual plans or exploration and development programs contemplated for such projects. The Hardrock PEA is preliminary in nature and it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applies to them that would enable them to be categories as mineral reserves, and there is no certainty that the Hardock PEA will be realized. Economic studies will need to be completed prior to accurate guidance being provided For further information on the technical data provided in this presentation, refer to the Sedar filings as listed below: Note Project/Property Company Date (1) Trans-Canada PEA Premier Gold Mines Limited January 28, 2014 (2) Hardrock (Trans-Canada) Premier Gold Mines Limited December 13, 2013 (3) Trans-Canada Premier Gold Mines Limited February 1, 2013 (4) Bonanza Premier Gold Mines Limited September 17, 2009 (5) Helen (Cove) Premier Gold Mines Limited January 2, 2014 (6) Trans-Canada Premier Gold Mines Limited February 1, 2013 (7) Hardrock Premier Gold Mines Limited May 17, 2011 (8) Hardrock Premier Gold Mines Limited March 4, 2010 (9) Kailey Premier Gold Mines Limited May 17, 2011 (10) Brookbank Goldstone Resources Inc. May 15, 2009 (11) East Bay Wolfden Resources Inc. June 5, 2006 (12) Helen (Cove) Victoria Gold Corp May 5, 2011 www.premiergoldmines.com 2
THE PREMIER DIFFERENCE PG:TSX NORTH AMERICAN FOCUS – Pro-mining jurisdictions (Ontario/Nevada) offer reduced political and execution (permitting/development) risk. EXPERIENCED MANAGEMENT TEAM – Strong history in exploration, mining & corporate development. THREE CORE PROJECTS – Trans-Canada (Hardrock), Cove-McCoy (Nevada) and Rahill-Bonanza (Red Lake) SIGNIFICANT GOLD RESOURCES – Growing mineral resource base with multiple projects advancing towards development INFRASTRUCTURE – All projects are located in the heart of some of North America ’ s “ premier ” gold mining camps. STRONG BALANCE SHEET – Approximately $55 M in cash and investments ($40 M post-acquisition). www.premiergoldmines.com 3
COVE-McCOY GOLD PROJECT PG:TSX OWNERSHIP: 100 % Premier LOCATION: Battle Mountain, Nevada STATUS: Surface Exploration MINERAL RESOURCES: Gold (Au) Deposit Cut-off Category Resource Tonnes Au Ounces Grade Category (Mt) (Mozs) (g/t) Indicated 0.425 10.46 0.143 Helen Underground Inferred 0.882 9.81 0.279 * See note 2 RECENT DEVELOPMENTS: - Consolidated 100% ownership in large property package in the heart of the prolific Battle Mountain - Eureka Trend N - Potential for open pit and underground mining opportunities 50km www.premiergoldmines.com 4
COVE-McCOY GOLD PROJECT PG:TSX Consolidated Cove-McCoy Land Package • Located immediately south of the multi- million ounce (+ copper) Phoenix Mine operated by Newmont • Large underexplored land package of approx. 31,000 acres (~48 sq miles) • Past-production at Cove-McCoy: ~3.3 M ounces gold and ~110M ounces silver • Cove Mine is the fourth largest silver producer in the history of Nevada * • NEAR-TERM RESOURCE POTENTIAL: • 2201 discovery at Cove • Helen Zone and CND target at Cove • Open pit expansion at McCoy • Deep high-grade potential at McCoy * - Geology of the Cove Mine, Johnston et al, 2008 www.premiergoldmines.com 5
COVE-McCOY GOLD PROJECT PG:TSX Deal Terms and Highlights • 100% interest in the consolidated Cove-McCoy property package (now totaling approx. 31,000 acres or 48 square miles) in the heart of one of the world ’ s most productive gold districts. • Purchase price: $21 Million to Newmont ($15 Million on signing, $6 Million in 18-months) plus assume project bonding. • Elimination of “ back-in ” rights previously held by Newmont as well as a revision of the royalty terms held by Newmont from a “ potential ” 5.0% royalty (NSR) to a 1.5% NSR. • McCoy project offers the potential to define near-surface heap leachable mineralization that could be prioritized towards development. • Existing infrastructure, including lined heap leach pads, could potentially be utilized under a renewed development scenario. • A “ good faith efforts ” processing arrangement with Newmont over a 10-year period within a 12- year window for ores mined at Cove-McCoy. • Premier will retain a 1.5% Net Smelter Royalty ( “ NSR ” ) in the South Carlin property interests www.premiergoldmines.com 6
COVE-McCOY GOLD DEPOSITS PG:TSX Cove / McCoy Plan View Cove Pit Pit surface outline McCoy Pit Regional fault Host fault structures between deposits offer substantial upside www.premiergoldmines.com 7
McCOY DEPOSIT PG:TSX Open Pit and Underground potential Original Pit MC_A MC_B Mined out MC_C (Underground) 250 m www.premiergoldmines.com 8
McCOY OPEN PIT POTENTIAL PG:TSX View of potentially remaining ore potential at McCoy 250 m Host fault structures also associated with the Cove Mine www.premiergoldmines.com 9
McCOY PIT PG:TSX View direction SE of potential remaining ore block in East Wall of McCoy pit Remaining Ore Block? View Direction www.premiergoldmines.com 10
McCOY PIT PG:TSX View direction SSW of potential remaining ore block in East Wall Remaining Ore Block? www.premiergoldmines.com 11
McCOY DEPOSIT PG:TSX Open Pit Potential N DDH intercepts inside grade shell 0.01 opt 250 m www.premiergoldmines.com 12
McCOY OPEN PIT POTENTIAL PG:TSX Resource Potential Proximal to McCoy Pit N Grade shell 0.01 opt Underground Mined out in red High grade intercepts at depth Incl. 11.73 g/t Au – 22.9m 250 m www.premiergoldmines.com 13
McCOY DEPOSIT PG:TSX McCoy – Section looking NE NW SE McCoy Pit Potential for pit expansion Mined out Speculative strtigraphic contact UPC5 6.55 g/t Au – 10.7 m UPC2 12.89 g/t Au – 5.9 m UPC3 Brown Stock intrusion 11.73 g/t Au – 22.9 m Near surface Mineralized Zone UPC9 Underground Mineralized Zone 8.06 g/t Au – 12.5 m ? Undefined stratigraphy Regional fault 100m Deep target offers upside potential www.premiergoldmines.com 14
McCOY DEPOSIT PG:TSX High-Grade Gold/Silver Target bases on Historic Drilling Zoom in UPC13 6.86 g/t Au, 316.46 g/t Ag Red - estimated to be mined out Over 6.1 m UPC14 7.20 g/t Au, 74.40 g/t Ag Over 5.3 m 100m Looking NE www.premiergoldmines.com 15
COVE GOLD PROJECT PG:TSX Surface Plan – Cove Deposit A N Selected Drill Results 2201 Zone: PG-02 • 10.3m - 13.22g/t Au, 38.67g/t Ag, 1.16% Pb/Zn • 4.1m - 18.96g/t Au, 23.00g/t Ag, 0.35% Pb/Zn • 3.0m - 11.39g/t Au, 56.70g/t Ag, 0.27% Pb/Zn CND Helen Zone AX-51 Cove pit • 3.0m - 4.76g/t Au, 311.07g/t Ag, 12.67% Pb/Zn • 6.1m - 10.98g/t Au, 38.95g/t Ag PG14-03 • 40.23 g/t Au, 203.17 g/t Ag Across 4.9 m CND Zone: CSD PG-01 • 5.0m - 3.74g/t Au, 718.72g/t Ag, 1.76% Pb/Zn MS • 4.5m - 28.05g/t Au, 15.81g/t Ag A ’ Helen Zone Resource: 2201 • Indicated: 143,100 ounces @ 10.46 g/t Au • Inferred: 278,700 ounces @ 9.81 g/t Au 100m Since the end of active mining, new discoveries have been made in the deeper rock units proximal to the Cove Pit www.premiergoldmines.com 16
COVE GOLD PROJECT PG:TSX Long Section View – Looking Northeast NW SE Helen Zone Indicated: 143,100 ounces @ 10.46 g/t Au Inferred: 278,700 ounces @ 9.81 g/t Au A ’ A Cove pit Dyke CSD Mineralized Zone MS Caetano Tuff Smelser Pass 2201 CND Panther Canyon congl. Panther Canyon dolomite Home Station Favret Formation 100m Dixie Valley Formation Multiple “ Feeder ” structures offer the potential for multiple discoveries www.premiergoldmines.com 17
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