South Arturo

 

Overview

 

Premier holds a 40% interest in the South Arturo Property with Nevada Gold Mines (a joint venture between Barrick Gold Corporation and Newmont Corporation), owning the remaining 60%. 

 

El Niño underground mine achieved commercial production in the third quarter of 2019. The partnership also continues to advance a potential heap leach option and additional deposit opportunities. 

 

Mineralized material from South Arturo is processed primarily at Nevada Gold Mines Goldstrike Mine located approximately 5km south.

 

Location

 

The South Arturo Property is located in the prolific Carlin Trend, approximately 25 miles northwest of the town of Carlin, in Elko County, Nevada. Ore from South Arturo is primarily processed at Nevada Gold Mines Goldstrike Mine.

 

Geology

 

Located along the northern Carlin Trend, the Bootstrap limestone is the dominant gold host. The South Arturo Property includes the open pitable resources (including the historic Dee pit) and the El Niño underground mineralization, both of which have high potential to expand. The mineralization at South Arturo and El Niño shares many characteristics with the other deposits in the Carlin Trend including geologic age, host rocks and structural setting.