Premier Gold Mines has reported the results of a preliminary economic assessment (PEA) of its 100% owned Cove project 32 miles south of Battle Mountain, Nevada. Production from an underground mining operation is estimated at 92,000 ounces per year (oz/y) of gold over a mine life of eight years. Life-of-mine capital cost is estimated at $114.4 million after pre-development costs of $25.8 million. Mine construction capital is estimated at $46.6 million.
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