Premier holds a 40% interest in the South Arturo Property with Barrick Gold Corporation owning the remaining 60%. The South Arturo Deposit is located on the historic Dee mining claims approximately 25 miles northwest of the town of Carlin, in Elko County, Nevada. The South Arturo Property is within the Bootstrap mining district at the northern area of the Carlin Trend. The Bootstrap mining district includes the Tara, Bootstrap, Capstone, Dee and Storm gold mines.
Premier is now partnered with a highly-skilled operator in the production of a gold and silver property that has significant leverage to future increases in the price of these precious metals. South Arturo provides potential for open pit production that could extend over 8 to 9-year period with underground mining opportunity as a further upside. The mineralized material from South Arturo will be trucked primarily to Barrick's Goldstrike Mine for processing.
On August 23, 2016, Premier Gold poured it’s first gold bar as a gold producer at South Arturo to celebrate the company’s tenth anniversary. (click here)