Premier holds a 50% interest in the Greenstone Gold Property (formerly Trans-Canada Property) through its participation in the Greenstone Gold Mines. Its partner, Centerra Gold Inc. holds the other 50% interest. The Greenstone Gold Property is made up of several claim groups having a cumulative length of more than 50 kilometres of the district's most prospective geological structures. Between 1930 and 1970, more than 4.0 million ounces of gold was mined from a number of deposits whose grade ranged up to 0.80 ounces per ton.
The Greenstone Gold Property is blessed with ideal infrastructure that includes the Trans-Canada Highway (Canada's national highway) and the Trans-Canada natural gas pipeline extending along its length. Premier has developed strong relationships with all communities in the region, several of which provide important manpower and services to the Property. It is Premier's intention to work with these communities to ensure all potential future gold mining opportunities are evaluated in a transparent and inclusive manner.
Today, the Greenstone Gold Property is host to multiple gold deposits.
For more information on Greenstone Gold Mines please click here