Premium Exploration Inc.

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  LAST CHG VOL Updated
TSX-V: PEM0.025(-0.005)283,154Oct 31, 2014 2:31pm EST
OTCQX:PMMEF0.0198(-)0Oct 28, 2014 1:42pm EST
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TSX-V: PEM

Discovering an Emerging Gold District in Idaho

Premium Exploration is making gold discoveries exploring its district-scaled Idaho Gold Project along +30 km of the Orogrande Shear Zone (“OSZ”) in North-Central Idaho, USA. The Company’s goal is to discover and develop multiple gold deposits along its property. The Idaho Gold Project hosts three deposits and nine zones of mineralisation along a 30 km structural trend, similar to many large gold belts such as the Carlin Trend in Nevada.

Midas Gold’s Golden Meadows Project is located approximately 90 km south along a large structural and geological trend coincident with Premium’s Idaho Gold Project. With growing resources and less than 1% of the 160 km2 property explored to date, Premium is well positioned to create shareholder value through exploration and development of this emerging gold district.

 

Company Highlights:

  • Proven management and technical team
  • Three known deposits
  • Nine gold discoveries to date
  • Twelve priority drill targets
  • Growing Friday Zone in-pit resources
    • Indicated   647,000 Au  (20.1 MT @ 1.0 g/t Au with 0.45 g/t cut-off)
    • Inferred     590,000 Au  (20.9 MT @ 0.88 g/t Au with 0.45 g/t cut-off)