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:: Welcome To Premier Gold Mine Co. Ltd. copyright 2004 All right reserved. Enjoy Surfing Our Official Homepage. Thank You. By Management

:: Welcome To Premier Gold Mine Co. Ltd. copyright 2004 All right reserved. Enjoy Surfing Our Official Homepage. Thank You. By Management

Burundi Joint Venture (Premier diluting to 15%)

In November 2003, Premier entered into an agreement to earn an interest of up to 90% in three areas of Central Burundi in Central Africa totalling 376 square kilometres. The projects are prospective for nickel, copper, cobalt and platinum.

A detailed soil sampling programme over these projects was undertaken during the year, with initial results identifying a number of nickel, copper and cobalt targets for further testing.

In August 2004, Premier and the other project interest holders entered into a revised agreement pursuant to which a major North American mining company can earn a 65% interest (Premier diluting to 15%) by sole funding US$4.875 million exploration expenditure.

Gidji Joint Venture (Premier 30% and diluting)

Premier is party to a joint venture with Placer Dome covering approximately 50 km 2 in the Eastern Goldfields region of Western Australia. Premier has an interest of approximately 30% in the joint venture, and this interest is reducing as Premier is not contributing to the current exploration programme. Results from recent exploration at this project have not been encouraging.

Pilbailey Joint Venture (Premier 16% and diluting)

Premier is party to a joint venture with Harmony Gold Mining Ltd covering approximately 75 km 2 in the Eastern Goldfields region of Western Australia . Premier has an interest of approximately 16% in the joint venture, and this interest is reducing as Premier is not contributing to the current exploration programme. Results from exploration at this project have not been encouraging.