PREMIER GOLD MINES (PG.TSX)

PREMIER GOLD MINES HIGHLIGHTS

Multiple Gold Discoveries Premier Gold Mines is an exploration and development company with gold projects in the heart of proven mining districts in Canada, the U.S., and Mexico. Several of its projects are within the Superior Sub-Province of Ontario, considered to be one of the world’s most endowed mineral regions and the birthplace of many world-class Canadian gold producers.

High-Grade Gold at Hardrock: Located in the Beardmore-Geraldton Greenstone Belt of Northwestern Ontario, Premier owns a 70% interest in the Hardrock gold project through a joint venture with Goldstone Resources. Highlights of the NI 43-101 compliant Mineral Resource estimate include Indicated and Inferred Resources of 675,000 and 425,000 ounces, respectively.

JV with Goldcorp One of Premier’s marquis properties is the Rahill-Bonanza Project, in which it has a 49% stake which through a joint venture with Red Lake Gold Mines (RLGM), an affiliate of Goldcorp (GG). Premier views the project as the “best positioned gold property anywhere.”

Aggressive Exploration Drilling Premier is undertaking an aggressive $10-$12 million exploration program in 2010 at Hardrock, with the goal of subsequently tabling a second NI 43-101 compliant mineral resource estimate amenable to underground mining.

PREMIER GOLD MINES RECENT DEVELOPMENTS

Expands Management Team January 30, 2013 Premier Gold Mines announced that it has retained Eric Lamontagne as Manager, Development Projects and will lead the advancement of the Company’s portfolio of projects. Mr. Lamontagne brings to Premier more than 14 years of experience in mine development and production.

Royalty Transaction January 29, 2013 Premier Gold Mines announced that it has entered into a share purchase agreement with Sandstorm Gold Ltd. whereby Sandstorm will acquire 33.66 million common shares and 6.97 million warrants of Premier Royalty Inc. – which represents Premier Gold’s entire position in Premier Royalty. The Warrants are exercisable to acquire one common share of Premier Royalty at a price of C$2.00. Approximately 5.51 million of the warrants expire on December 4, 2016 (subject to expiry acceleration provisions) and the remaining 1.46 million expire on October 7, 2014.

Expands Mineralization in Nevada January 9, 2013 Premier Gold Mines announced additional assay results from the Helen Zone on the Company’s Cove Gold Project, located in the Eureka-Battle Mountain Trend in Nevada. These results continue to expand mineralization, with strong grades and widths, along the Cove anticline to the southeast towards and below the historic mining operations.

PREMIER GOLD MINES SHARE PERFORMANCE

PG.TSX HAS DELIVERED

S&P 500Premier Gold Mines posted a gain far exceeding that of the broader market over the past 52 weeks.

GoldThe Canadian-based gold explorer has consistently delivered strong leverage to the gold price for its investors.

GDXPremier has considerably outperformed its larger-cap counterparts over the past one, two, and three year periods.

XAUPremier has more than doubled the return of the XAU over the course of the past year.

PG.TSX VS BENCHMARKS SINCE NOV ’09

Premier continues to outperform benchmarks

PREMIER GOLD MINES IN THE NEWS

LOCATIED IN TOP MINING JURISDICTION ONTARIO, CANADA

KEY UPCOMING CATALYSTS

2012
Saddle Project Resource Estimate
Premier announced that recent drilling at the Company’s 100%-owned Saddle Project has returned the best intercept drilled to date. The Company noted that drilling has intersected high-grade gold mineralization over substantial core intervals in 2011 that will be used in conjunction with historic drilling to prepare a NI43-101 compliant gold resource for the Saddle deposit following the completion of the current program.

2012
High-Grade Hard Rock Deposit
On June 22, 2011, Premier announced that it entered into a definitive agreement to acquire Goldstone Resources. The transaction consolidated 100% ownership of the Hardrock Project that is host to a multi-million ounce NI 43-101 compliant resource estimate, raising Premier’s district-wide measured and indicated gold resource by 1,172,000 oz. and inferred resource by 613,000 oz.

2012
Expanding Trans-Canada Project
The current drill program is concentrating on delineating and expanding several high grade gold zones in advance of completing an updated resource, expected to be released in the first quarter of 2012. A Preliminary Economic Assessment is expected to be released in the second quarter of next year and will consider a range of possible development options to optimize the multiple deposits that comprise the Project.