Premier Gold announces positive re-start at Mercedes Mine after COVID-19 shutdown (OTCMKTS:PIRGF)

Premier Gold Mines (OTCPK:PIRGF) announced that since restarting operations in June at its Mercedes operation in Mexico, the mine is generating positive cash flow under its revised production plan.

The second phase of this plan entails gradually increasing mill throughput back to the plant capacity of 2,000 tonnes per day.

The company said that during the first half of Q3, Mercedes’s  operating results and cash flow was supported by higher than planned gold production and lower unit operating costs.