Page 56 Contd on pg 56 By Gregory Reynolds Five new projects that include two new mines are slated for 2018 by Pre mier Gold Mines Limited Premier remains focused on creating a lowcost midtier goldproducer through its two producing gold mines South Arturo and Mercedes and through future mine development op portunities at McCoyCove in Nevada and Hardrock in Ontario Greenstone Gold JV where permitting and devel opment initiatives are ongoing Q1 2018 Production Highlights saw gold productio n of 30550 ounces and silver production of 59826 ounces The company remains on track to meet or exceed its consolida ted full year production guidance of 85000 95000 ounces of gold John Begeman company executive chairman stated Premier s opera tional production was strong in the frst quarter beating expectations with additional ore being processed at the lowcost South Arturo Mine In addit ion to our strong and safe per formance 2018 is an exciting year for the company as we rampup the development of three additional projects in Premier s portfolio including two new mine devel opments at South Arturo Premier holds a 50 interest in the Greenstone Gold Prop erty formerly T ransCanada Property through its participa tion in Greenstone Gold Mines Its partner Centerra Gold Inc holds the other 50 interest The Greenstone Gold Property is made up of several claim groups hav ing a cumulative length of more than 50 kilometres of the mining district s most prospective geologica l struc tures The property is southeast of Gerald ton in Northwestern Ontario It is part of the GeraldtonBeardmor e Gold Camp Between 1930 and 1970 more than 40 mill ion ounces of gold was mined ore body and modern infrastructure including both an under ground mine and an open pit mine In April the company reported 2018 Ofset South Zone Drilling Results exciting ofcials W e are excite d that the lates t results from the Ofset South Zone which is loca ted directly adjacent to our primary under ground mining opera tions confrm the zone has the widths required for mass mining with our wellestablished lowcost sublevel shrinkage method Infll drilling is now require d to de termine the average grade within this highly prospective zone Future re source gains from this and our many other near mine exploration tar gets can extend the life of the mine at a very low capital cost said Gallagher Contd from pg 52 The recent drilling results for the Ofset South zone confrm its status as the topranked opportunity for a signifcant near term resource addi tion at LDI In addition we are pur suing resource gains on several other under ground exploration tar gets all of which occur in close proximity to current mining activity in the Roby and Ofset zones W e are also exploring for new near surface resources with this year s program focusing on two tar gets in the eastern part of the mine property said Dr Dave Peck North American Palladium s vicepresident explora tion Hole 18801 intersected 149 metres averaging 18 gt Pd including 17 metres averaging 29 gt Pd and 33 metres averaging 31 gt Pd Hole 18802 intersected 92 metres av eraging 13 gt Pd including 80 me tres of 35 gt Pd and another 79 metre interval averag ing 149 gt Pd with 39 metres of 60 gt Pd Hole 18803 intersected 49 metres averaging 143 gt Pd including 30 metres of 50 gt Pd Hole 18901 intersected 159 metres averaging 15 gt Pd includ ing 80 metres of 35 gt Pd Hole 18902 intersected 65 metres av eraging14 gt Pd including 20 metres of 20 gt Pd Previously announced drill results included several holes with higher grade palladium mineralization for example hole 17803 intersected 100 metres averagi ng 69 gt Pd and hole 17807 intersected 100 metres aver aging 61 gt Pd The reported intersections also con tain Pt Au Ni and Cu concentrations that are approximately the same as those currently being mined in the central part of the Ofset Zone where byproduct metal sales account for about 20 of total revenue