Premier earmarks $83m for 2018 exploration, development initiatives

Canadian precious metals miner Premier Gold Mines has approved a 2018 exploration and development budget of $38.8-million, the company announced on Tuesday. The budget will be supplemented by a further $6-million to be spent at the McCoy-Cove joint venture (JV), in Nevada, funded entirely by Barrick Gold, and, based on certain milestones and objectives, up to $37.9-million will be spent at the Greenstone Gold JV, in Ontario, funded entirely by Centerra Gold.