Premier Gold Mines Limited provided an update on the company's 2016 exploration programs and final results from its multiple projects in Mexico and Nevada. Premier remains focused on driving shareholder value by leveraging the potential of its current asset base. Success in exploration is fundamental to value creation. Exploration highlights for 2016 include: Positive results from multiple targets at the Mercedes mine with potential to expand mineral reserves and extend the mine life. The discovery of the CSD Gap Zone at the McCoy-Cove Property, that will result in an updated mineral resource estimate, PEA and potential underground development in 2017. Premier's joint venture opportunity with Kinross at Goldbanks is poised to add to the Company's strong track record of discovery success in Nevada. Drilling at the Company's 100%-owned Mercedes Mine, located in the State of Sonora, Mexico, focused on defining and expanding mineralization in the existing gold horizons and exploring for new veins on the property. In addition to surface exploration, the 2016 program utilized underground drilling from existing mine workings resulting in several new discoveries. Premier intends to continue the program in 2017 with a proposed $4.7 million, 23,000 metre drill campaign, utilizing rigs for both the surface and underground. Drilling is testing the potential for mineralization parallel to the Mercedes, Barrancas and Lagunas mine area, including the first-ever flat holes from underground at Mercedes. This program has successfully intersected horizons of alteration and gold/silver bearing vein systems both NE and SW from the Mercedes Mine trend including 7.35 g/t Au and 259.90 g/t Ag across 0.9m in hole MUG16-144D. Additional drilling is being completed to focus on defining resources proximal to the current workings. Diluvio is included in the 2016 mineral resource statement at Mercedes, but is not yet in reserves and is not included in the current life-of-mine (LOM) plan. The 2017 exploration plan for Diluvio will include surface and underground drilling, completing an exploration drift, and bulk sampling. Based on positive results from the ongoing program, drilling will continue to focus on three main veins (Cuerpo 1, Cuerpo 2 and Cuerpo 3). Highlight intercepts in the potential open pit deposit contained assays of up to 3.68 g/t Au and 23.50 g/t Ag across 21.7 m. Drilling in the deeper high-grade gold vein system cut intercepts of up to 68.43 g/t Au and 71.80 g/t Ag over 4.6 m. Ongoing exploration at the Company's 100%-owned McCoy-Cove Gold Project, situated along the Battle Mountain-Eureka Trend in Nevada, continues to delineate high grade mineralization within the CSD Gap and Helen Zone deposits. The 2016 drill program was focused on select infill holes to better define continuity as well as multiple step-out holes along the margins of the deposits to test the expansion potential of the Carlin-style gold and silver system. Results continue to confirm substantial grade and thickness continuity across the core of the deposit.