Premier Gold Mines Limited provided its latest update from surface drilling, including final results from the 2015 program, on the company's 100%-owned Hasaga Project in the Red Lake gold mining district of Northwestern Ontario. Drilling continues to extend near surface mineralization in the Hasaga Porphyry and Central Zone areas and is encountering encouraging initial results at the North Gate exploration target area. Highlights from the program include the following: HMP081 contains 1.74 g/t Au across 18.0 metres in the new Footwall Zone at the Hasaga Porphyry target area beginning at 48.0m downhole, HLD014 contains 0.97 g/t Au across 63.3 metres at the Central Zone target area beginning at 7.5m downhole and HLD030 contains 0.84 g/t Au across 101.0 metres beginning at 253.0m downhole, HNG010 contains 57.65 g/t Au across 2.0 metres at 484.0m downhole and HLD020 contains 18.24 g/t Au across 2.0 metres beginning at 326.0m in new high-grade target areas.

The Hasaga Property is host to the past-producing Hasaga and Gold Shore Mines and is strategically-located proximal to the Balmer-Confederation regional unconformity, recognized as an important geologic feature at the multi-million ounce past and currently producing Red Lake area mines. Premier completed more than 60,000 metres of diamond drilling on the property during the 2015 exploration program, giving management sufficient confidence to approve a 2016 program expected to include an additional 50,000 metres of drilling. Premier also purchased adjacent lands that expanded the size of the property to some 1200 hectares.

An upgraded litho-structural model is being completed at the Hasaga Porphyry and Central Zone target areas that will be used to support the drilling plan for the coming year. The 2016 exploration program will include infill and step-out drilling, bulldozer stripping, mapping and channel sampling on relevant outcrop exposures, wedge drilling to test the continuity of recently identified high-grade gold mineralization, and additional step-out drilling along strike on the new property area. Initial metallurgical testing is also expected to be undertaken in 2016.