Proven Management – Proven Districts – Safe Jurisdictions Objective Capital Global Mining Investment Conference 30 Sep 2009 Proven Management – Proven Districts – Safe Jurisdictions by Stephen McGibbon, Premier Gold Mines

1. London Global Mining Investment Conference Stationers Hall, London Wednesday 30 th September 2009 www.ObjectiveCapitalConferences.com 14.25 North America Stephen McGibbon VP & COO Premier Gold Mines

2. www.premiergoldmines.com PG:TSX Premier Gold Mines Limited A World of Opportunity - Proven Management – Proven Districts – Safe Jurisdictions - September 2009 Presentation Symbol: PG Exchange: TSX www.premiergoldmines.com 1 This presentation 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 or projections. Historical Resources have been estimated by previous operators and are not NI43-101 compliant.

6. www.premiergoldmines.com PG:TSX STRATEGIC PROPERTY PORTFOLIO 5 HARDROCK PROJECT Multi-million ounce potential RED LAKE PROJECTS Huge discovery potential PQ-NORTH PROJECT 2 New Gold Discoveries PREMIER GOLD MINES - 3 “GOLDEN” OPPORTUNITIES - THE PREMIER DIFFERENCE - PROVEN GOLD DISTRICTS -

7. www.premiergoldmines.com PG:TSX THE RED LAKE DIFFERENCE RLGM 6 Cochenour Wilmar MAP FROM EARLIER GOLDCORP PRESENTATIONS (Pre-Placer takeover) Red Lake Gold Mines World’s highest-grade gold mine +27 Million ounces of gold Wilmar

8. www.premiergoldmines.com PG:TSX THE RED LAKE DIFFERENCE - Premier projects strategically located on the main “Mine Trend” RLGM 7 Lennie (100%) Cochenour Wilmar F2 MAP FROM EARLIER GOLDCORP PRESENTATIONS (Pre-Placer takeover) Bonanza Wilmar Bonanza Takeover $1.2 Billion Market Cap $900 Million Bruce Channel Red Lake Gold Mines World’s highest-grade gold mine +27 Million ounces of gold

9. - Gold Mine RLGM RED LAKE GOLD PROJECTS: Similar Geological setting as the Red Lake Gold Mine: - Folded ultramafic rock unit(s) within Balmer Assemblage - ‘D2’ Shear structures – conjugate faulting - Little modern exploration in this part of the camp PK BK N Unconformity Lennie 100% Rubicon F2 Rahill-Bonanza JV East Bay JV 15

10. www.premiergoldmines.com PG:TSX RAHILL-BONANZA JV 9 WIDE OPEN FOR EXPANSION - Potential for large bulk-tonnage deposit - + 500,000 oz historic resource - Potential to be the part of the early mine planning in the area WGD 13L 20L PG09068A 12.5g/t Au – 4.5m PG07005 – WGD 4.12g/t Au – 4.1m 2.93g/t Au – 4.3m 10 & 23g/t Au intersections Up-dip from the Bruce Channel Deposit? 100m Longitudinal Section PG09070 NEXT High-Grade Zone? Wilmar Gold Mine 203,256 t mined @ 10.3g/t Au (Open) PG07015W4 9.1g/t Au – 6.0m Incl. 49.0g/t Au – 1.0 m PG07018W6 5.2g/t Au – 2.8m PG07018W1 14.2g/t Au – 5.0 m Incl. 59.09g/t Au – 1.0m East Breccia Zone Mined grade 14g/t Au

11. www.premiergoldmines.com PG:TSX 10 RAHILL-BONANZA JV GRADE COMPARISON – WGZ vs Bruce Channel Deposit (Taken from final two Gold Eagle Releases) WGZ (from one hole drilled) * Bruce Channel (from 8 holes drilled) 12.5 g/t Au over 4.5 m 13.13 g/t Au over 4.5 m 17.07 g/t Au over 2.4 m ( HIGH GRADE PORTION) 21.1 g/t Au (0.62 oz/t) over 0.5 m 47.7 g/t Au (1.39 oz/t) over 0.8 m 107.2 g/t Au (3.13 oz/t) over 0.5 m 225.0 g/t Au (6.56 oz/t) over 0.3 m (DEPTH OF INTERCEPTS) 900 meters 1,375 - +2,200 meters ( * Gold Eagle - July 16 & Aug. 12, 2008 )

12. www.premiergoldmines.com PG:TSX 11 Approximately 5km of the “MINE TREND” on Rahill-Bonanza Rahill – Bonanza JV Goldcorp 51% Premier 49% 20.79M tons 11.75M oz 0.565 opt Campbell Complex 10.68M tons 7.40M oz 0.693 opt Red Lake Complex Formerly WDZ Surface Drilling Limit High Speed Tram Wilmar Marcus Craibie Fletcher Bonanza Deposit WGZ Deposit Bruce Channel Discovery PG09068A 12.5g/t Au – 4.5m RAHILL-BONANZA JV

13. www.premiergoldmines.com PG:TSX 12 EXCEPTIONAL INVESTMENT VALUE VERSUS PEERS: - Least shares outstanding - Best-value market capitalization MILLIONS San Gold Rubicon Lake Shore* Premier THE PREMIER DIFFERENCE *Post-acquisition of West Timmins

14. HARDROCK PROJECT N ew Gold Discovery 33.33 oz/ton over 6.6 feet 13

15. www.premiergoldmines.com PG:TSX 2000 feet 4000 feet 6000 feet 8000 feet Surface Hardrock HARDROCK PROJECT 14 PROJECT HIGHLIGHTS: HIGH-GRADE DISTRICT - Historical production: +4 million ounces of gold - average grade +12g/t Au RELATIVELY SHALLOW - Mining depths of 2000 feet – zones remain open below mine workings - MULTI-MILLION OUNCE POTENTIAL - HUGE EXPLORATION/EXPANSION POTENTIAL MINING OPTIONS - Potential for both open pit and underground operations. - 3 drills operating with the goal of a NI43-101 resource in 2009.

16. PLAN VIEW of Geology and DDH collars Hardrock Project Premier Gold Mines Limited 200 m Oreo Zone SP Zone N New North Zone HWY 11 EAST PIT TENACITY ZONE PORPHYRY HILL PIT EP-ZONE Original Conceptual Pit Design 15 Geology map from Horwood and Pye, 1951

17. Plan View N HARDROCK PROJECT 16 HIGH GRADE IN EP105 33.3 OZ/TON OVER 6.6 FEET 50 m NEW Pit Concept Historical – Porphyry Hill Pit Zone Strike length: 700m Depth: +150m EP079 5.2 g/t Au – 37.0m EP080 19.0g/t Au – 11.3m EP074 NL Zone 6.7g/t Au – 14.0m EP098 1.1g/t Au – 40.0m EP-ZONE – Defining a high-grade open pit deposit

18. www.premiergoldmines.com PG:TSX HARDROCK PROJECT 17 EP-ZONE – Excellent Expansion Potential Longitudinal Section Looking North EP044 7.6 g/t Au – 20.5m EP079 5.2 g/t Au – 37.0m Section 4800E South Limb EP045 10.7 g/t Au – 5.1m EP080 19.0 g/t Au – 11.3m EP046 3.7 g/t Au – 15.6m EP081 3.6 g/t – 11.0m EP074 6.7 g/t Au – 14.0m Strike length: 700m Depth: +150m 50 m EP098 1.1g/t Au – 40.0m OPEN EP105 1,141.5 g/t Au – 2.0 m From 382.1 to 384.1 m

19. EP105 HARDROCK PROJECT EP-ZONE – Following up new high-grade EP105 1,141.5 g/t Au – 2.0 m From 382.1 to 384.1 m N Plan View 6 th LEVEL At 300 m below surface 50 m 18

20. www.premiergoldmines.com PG:TSX 19 South Porphyry Zone (SP) 291,428 tons @ 0.24 opt recovered (8.23 g/t Au) for ~70,000 ounces of Gold 500 m MM06 6.74 g/t - 7.0 m MM05 6.63 g/t - 28.1 m Incl. 17.14 g/t – 6.0m 1990’s ddh 7.76 g/t - 21.6 m MM04 6.36 g/t - 4.4 m MM06 - HGV 36.22 g/t – 2.2m Hardrock 3D Model in Long Section View Underground Resource Delineation 7 th Level - HGV 112.5 g/t – 1.2m 10 th Level - HGV 39.1 g/t – 1.2m EP-ZONE 13 th Level - HGV 88.5 g/t – 1.5m 2.146 Million Ounces of historic production MM10, 11, 13, 16, 18, 19, 22 New Intercepts West Zone 532,254 tons @ 0.23 opt recovered (7.85 g/t Au) for ~122,000 ounces of Gold HARDROCK PROJECT MM14 6.60 g/t – 32.6 m NN Zone New Intercepts incl.: 8.20g/t Au – 6.2m 8.25g/t Au – 7.3m

22. www.premiergoldmines.com PG:TSX PQ-NORTH PROJECT PQ NORTH PROJECT (100% Owned) Located along the main iron formation that hosts the multi-million ounce Musselwhite Gold Mine (Goldcorp) in NW Ontario – annual production +200,000 oz. TWO NEW DISCOVERIES IN INITIAL DRILL PROGRAM!! 21 GRADE COMPARISON: T-Antiform (initial deposit) – 5.1 g/t Au (Musselwhite Mine) Esker Deposit – 5.5 g/t Au PQ Deeps Deposit – 8.7 g/t Au PREMIER DISCOVERY HOLES: PQ Limb – 10.2 g/t Au Upper I.F. – 10.2 g/t Au

24. 100% Premier Gold Goldcorp’s Musselwhite Mine and Deposit Goldcorp’s Winter Drill Program Proximal to Premier’s PQ North Property Aerial View of the PQ North Property looking south Approximate 300 m distance PQ-Limb 10.24 g/t Au over 1.8 m Upper I.F. 10.25 g/t Au over 5.1 m 23

25. www.premiergoldmines.com PG:TSX PQ-NORTH PROJECT 24 EXPLORATION TARGET - Extension of Musselwhite Mine horizon - Mineralization along untested PQ Limb NOTE INCREASE IN OUNCES AS EXPLORATION MOVES NORTH ON THE PQ LIMB Thickening of host IF Northern extent of surface drilling (2008) - The PQ Limb is completely untested on Premier’s ground PQ-NORTH 15.5g/t Au – 4.1m PQ T-Antiform Avg. grade 5.1g/t Au Esker Avg. grade 5.5g/t Au PQ-Deeps Avg. grade 8.7g/t Au Musselwhite Gold Mine 1 Million ounces per kilometer 2 Million ounces per kilometer 2009 Surface Drilling Esker North Jets Moose Thunderwolves Goldcorp Premier Upper I.F. 10.2g/t Au 5.1m 500m N PQ NORTH PROJECT - 2 Discoveries in initial drill program!! - Drilling to continue throughout 2009 LONGITUDINAL SECTION Untested PQL Zone 10.5g/t Au – 3.7m

26. www.premiergoldmines.com PG:TSX PQ-NORTH PROJECT 25 Applying Regional Magnetics to EXPLORATION MODEL Boundary 100 m ‘ D2’ Shears PQ09009 10.25 g/t over 1.8m 100 m N PQ North Property PLAN VIEW PQ09012 4.31 g/t over 3.2m PQ09016 7.40 g/t over 2.0m PQ09022 6.74 g/t over 3.0m PQ09023 10.52 g/t over 3.7m

27. www.premiergoldmines.com PG:TSX PQ-NORTH PROJECT 26 PQ09023 10.52 g/t over 3.7m 100 m PQ09022 6.74 g/t over 3.0m Plunging Corridor ‘ D2’ Shears CROSS SECTION Looking NW Perpendicular to D2 ‘ D2’ Shears

28. www.premiergoldmines.com PG:TSX MULTIPLE CATALYSTS FOR REALIZING FUTURE GROWTH: 27 - Continued Exploration and expansion Success at Hardrock. - NI43-101 compliant resource for Hardrock by year end. - Continued success in Red Lake – including resource development proximal to new mine infrastructure. - CURRENT drill testing of the potential Bruce Channel extension. - Discovery potential at Lennie Red Lake. - Expanding recent high grade gold discoveries at PQ North. - Drill testing the 3 main structural targets at PQ North. - Strong share structure positions Premier to pursue growth opportunities. THE PREMIER DIFFERENCE

29. Premier Gold Mines Limited A World of Opportunity - Proven Management – Proven Districts – Safe Jurisdictions - September 2009 Presentation Symbol: PG Exchange: TSX 28

30. London Global Mining Investment Conference Stationers Hall, London Wednesday 30 th September 2009 www.ObjectiveCapitalConferences.com Stephen McGibbon VP & COO Premier Gold Mines Stephen McGibbon is a Professional Geologist with over 23 years of exploration, mine production and management experience. He graduated from Queen’s University at Kingston, in 1983 with a Bachelor of Science degree in Geological Sciences. Upon graduation in 1983, and prior to his tenure as Exploration Manager, Mr McGibbon held positions of increasing responsibility in Red Lake with Goldcorp Inc and its predecessor companies Goldquest Exploration Inc. and Dickenson Mines Limited, leading to Chief Geologist in 1995. Since 2001, and until June of 2006, he has served as Exploration Manager for Goldcorp Inc., at its flagship Red Lake Mine operation. His focus in Archean terranes and experience with shear-hosted, lode gold deposits dovetail very well with Premier’s current assets.