TORONTO, CANADA - March 20, 2015 - Centerra Gold Inc. ("Centerra") (TSX: CG) and Premier Gold Mines Limited ("Premier") (TSX: PG) are pleased to announce today that they have filed on SEDAR an updated technical report for the Trans-Canada Property located in the Geraldton-Beardmore Greenstone belt in Ontario, Canada. The updated technical report reflects the new 50/50 joint venture partnership structure and has no changes to the mineral resource estimates contained in the Technical Report and Mineral Resource Estimate Update for the Hardrock Deposit issued by Premier on August 22, 2014 with an effective date of July 4, 2014.

About Centerra
Centerra is a leading North American-based gold producer operating, developing, exploring and acquiring gold properties in Asia, Canada and other markets worldwide. Centerra is the largest Western-based gold producer in Central Asia. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is headquartered in Toronto, Ontario, Canada.

About Premier
Premier 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 that includes world class gold mining districts such as Red Lake and Geraldton in Ontario and the Battle Mountain-Eureka Trend in Nevada.

For more information:

Centerra Gold Inc.
John W. Pearson
Vice President, Investor Relations
(416) 204-1953
john.pearson@centerragold.com


Premier Gold Mines Limited
Matthew Gollat
Manager, Corporate Development, Investor Relations
(807) 346-1390
mgollat@premiergoldmines.com


View the release in PDF format:

Associated File: http://www.premiergoldmines.com/i/pdf/2015-03-20_NR.pdf

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