Premier Gold Mines Limited to be added to S&P/TSX Composite Index

THUNDER BAY, ON, Sept. 12, 2011 /CNW/ --
Shares Issued:  121,900,211

THUNDER BAY, ON, Sept. 12, 2011 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) ('Premier') is pleased to announce that Premier will be added to the Toronto Stock
Exchange's benchmark S&P/TSX Composite Index, effective at the open on
Monday, September 19, 2011. The S&P/TSX Composite is the headline index for the Canadian equity market. It is the broadest
in the S&P/TSX family and is the basis for multiple sub-indices
including, but not limited to, equity indices, income trust indices,
capped indices, GIC indices and market cap based indices.

'Inclusion in the S&P/TSX Composite Index is recognition of Premier's
sustained growth profile and a testament to the hard work of the
Company's employees and management team, which has resulted in strong
long-term share price performance and significant exploration success.'
stated President & CEO Ewan Downie.

Premier Gold Mines Limited is one of North America's leading exploration companies with a
high-quality pipeline of projects focused in proven, safe and
accessible mining jurisdictions in Canada and the United States. The
Company's portfolio includes significant assets in world class gold
mining districts such as Red Lake, Musselwhite and Geraldton in Ontario
and the Carlin Trend in Nevada.

The statements made in this Press Release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual
events or results could differ materially from the Company's
expectations and projections.

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