Monday, September 12, 2011

Premier Gold Added to S&P/TSX Composite Index

Premier Gold Mines (PG.TSX) announced that it will be added to the Toronto
Stock Exchanges benchmark S&P/TSX Composite Index, effective at the open on
Monday, September 19, 2011 . The S&P/TSX Composite is the headline index for the
Canadian equity market. It is the broadest in the S&P/TSX family and is the
basis for multiple sub-indices. Highlights: * Premier recently appointed Paul
Andre Huet as Chief Operating Officer, where he will lead the advancement of the
Companys key properties in Ontario, Canada and in Nevada. * Ongoing drilling at
Premiers Saddle Deposit in Nevada continues to intersect significant intervals
of mineralized breccia (assays pending) and confirm the Companys belief that
Saddle represents one of the most prospective undeveloped high-grade gold
deposits in North America. * In August 2011, Premier completed its acquisition
of Goldstone Resources, which will consolidate 100% ownership of the Hardrock
Project and provide Premier with prime geological structures in the
Geraldton-Beardmore Greenstone belt in Canada. Ewan Downie, President & CEO of
Premier Gold Mines: Inclusion in the S&P/TSX Composite Index is recognition of
Premiers sustained growth profile and a testament to the hard work of the
Companys employees and management team, which has resulted in strong long-term
share price performance and significant exploration success. Paul Andre Huet,
COO: This is a very exciting time to be involved in gold, and more importantly,
with Premier Gold Mines…Premiers management team has an outstanding track
record of delivering growth and value to shareholders.

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