Mr. Ewan Downie reports

PREMIER PROVIDES SOUTH ARTURO PROJECT UPDATE

Ore from Premier Gold Mines Ltd.'s 40-per-cent-owned South Arturo mine is now being processed at Barrick's Goldstrike mine processing facility. South Arturo is located in the Carlin trend, Nevada, and is a joint venture between Premier and Barrick Gold Corp.'s wholly owned subsidiary Barrick Gold Exploration Inc. with Barrick as operator.

The mine was developed on time and on budget. Initial gold production is expected to ramp up during the third quarter of 2016 with attributable gold production to Premier estimated at 80,000 ounces during the current calendar year. Premier expects South Arturo will be cash flow positive for the year net of capital.

"South Arturo is the first producing asset in Premier's portfolio," stated Ewan Downie. "We are extremely pleased with Barrick's ability to deliver this project on schedule and budget. Their performance to date confirms their world-class miner status."

In the third quarter, drilling will resume to continue the delineation of the potential future underground opportunity on the property. Drilling from the Arturo pit will be completed to further define the El Nino underground deposit situated down plunge of the current phase 2 pit. Permitting work associated with a potential underground ramp to be driven from the pit is currently under way. Bulk samples from the underground portal at the historic Storm mine as well as additional planned drilling will be used to complete more detailed metallurgical testwork to refine the economic opportunity of a second open pit on the property.

Stephen McGibbon, PGeo, executive vice-president, corporate and project development, of Premier, is a qualified person within the meaning of National Instrument 43-101 and has reviewed and approved the technical information contained in this press release.

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