Procter & Gamble Co T.PG

Primary Symbol: PG Alternate Symbol(s): N.PG

Consumer Defensive Household & Personal Products

The Procter & Gamble Company is focused on providing branded consumer packaged goods to consumers across the world. The Company’s segments include Beauty, Grooming, Health Care, Fabric & Home Care and Baby, Feminine & Family Care. The Company’s products are sold in approximately 180 countries and territories primarily through mass merchandisers, e-commerce, including social commerce channels, grocery stores, membership club stores, drug stores, department stores, distributors, wholesalers, specialty beauty stores, including airport duty-free stores), high-frequency stores, pharmacies, electronics stores and professional channels. It also sells direct to individual consumers. It has operations in approximately 70 countries. It offers products under brands, such as Head & Shoulders, Herbal Essences, Pantene, Rejoice, Olay, Old Spice, Safeguard, Secret, SK-II, Braun, Gillette, Venus, Crest, Oral-B, Ariel, Downy, Gain, Tide, Always, Always Discreet, Tampax, Bounty and others.

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Procter & Gamble Co

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Post by eebleron Dec 09, 2009 9:33am

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Post# 16568105

Expanded Resource

Partial of news release that just came out. Of significance is that the findings are good enough that they want to delay their NI43-101 report so that they can include this in the resource estimates, which should mean lots more ounces.

Wednesday, December 09, 2009

PG:TSX

Premier Drilling Continues To Expand High-Grade Open Pit Potential At Hardrock Including 6.91 g/t Gold Over 18.7 Metres

PREMIER GOLD MINES LIMITED (TSX:PG) is pleased to announce that drilling continues to expand mineralization within the NN (Open Pit target) Zone at the Hardrock Project in Northwestern Ontario. Additional drilling has intersected multiple zones of high grade, underground-style, mineralization in the first hole that tested the 'F2' and the Northeast Zone target areas. Highlights from recent drilling include the following results:

NN Zone - 4.93 grams per tonne gold (g/t Au) across 10.5 metres (m) or 0.14 oz/t across 34.4 feet in hole MM071 including 10.03 g/t Au across 3.5 m (0.29 oz/t across 11.5 ft).
NN Zone - 5.69 g/t Au across 24.2 m or 0.17 oz/t across 79.4 feet, in hole MM072 including 7.05 g/t Au across 18.1 m (0.21 oz/t across 59.4 ft).
NN Zone - 6.91 g/t Au across 18.7 m or 0.20 oz/t across 61.3 feet, in hole MM074 including 11.55 g/t Au across 9.7 m (0.34 oz/t across 31.8 ft).
NN Zone - 3.38 g/t Au across 20.9 m, or 0.10 oz/t across 68.6 feet, in hole MM076 including 12.99 g/t Au across 3.5 m (0.38 oz/t across 11.5 ft)
F2 Zone - 5.41 g/t Au across 6.0 m or 0.16 oz/t across 19.7 feet, in hole MM051 including 18.70 g/t Au across 1.2m ( 0.55 oz/t across 3.9 feet)
F2 Zone - 8.30 g/t Au across 2.6m or 0.24 oz/t across 8.5 feet, in hole MM051
Northeast Zone - 121.00 g/t Au across 1.5m or 3.53 oz/ton across 4.9 feet, in hole MM051

Complete drill results are contained in Tables 1 and 2. Figure 1 profiles new collar locations in plan view.

Due to these new outstanding results, which expand near-surface mineralization along strike to the west, the upcoming NI43-101 resource calculation will be delayed to incorporate these drillholes. Therefore, the initial compliant resource is now expected to be released in January 2010. As well, these results from F2 and Northeast Zones continue to support Premier's belief that additional mineral resources, amenable to underground mining methods, may be delineated at depth in multiple zones. It is Premier's intention to aggressively pursue this style of drill target during 2010, with the goal of amending the initial mineral resource sometime after the end of the second quarter.

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