Premium Exploration Inc.

March 30, 2010, Premium Exploration Inc. (PEM: TSX-V) is pleased to invite you to attend our live WEBCAST for current and potential shareholders, analysts, media and other members of the investment community scheduled for Thursday April 1st, 2010 at 09:00 am EST (06:00 am PST).

This live presentation will be hosted by Wilf Struck, P.Eng, Chairman and CEO, as he walks you through the new 3D Block Model of the Friday-Petsite ore body and reviews the following material:

• The zones of mineralization included in the recently revised resource estimate of 549,000 oz Au at a 0.5 g/t Au cut off
• Premium’s upcoming drill plan to define additional ounces
• Friday-Petsite and the 28 km’s of the Orogrande Shear Zone’s district potential

*Please visit www.premiumexploration.com now to preview the 3D Block Model Video for the presentation

Del Steiner, J.D., President, will also be available to answer questions and provide investors with Premium’s 2010 Corporate Plan.  A Question and Answer period will be held after Wilf Struck’s presentation. Premium requests all interested parties to submit their questions in the space provided on the registration page of event (http://bit.ly/cZVnfL).

Please register now to ensure your questions are answered as space for viewing the video presentation is limited to the first 100 registrants. Space is unlimited via the Teleconference.

When:             09:00 am EST (06:00 am PST), April 1^st, 2010

Length:            Approximately 20 minutes

Register Now:   http://bit.ly/cZVnfL

About Premium Exploration Inc.

Premium Exploration Inc. (TSX-V:PEM) explores and develops North American gold, silver, Platinum and Palladium. Our team is committed to unlocking mineral wealth for our shareholders by discovering, developing, and permitting precious metals assets to production.  The Company’s portfolio includes one of the largest land packages in Idaho which includes an NI 43-101 gold resource, as well as PGM exploration project in Montana.  For additional information, please visit us at www.premiumexploration.com.

For More Information Please Contact:

Mr. Wilf Struck, P.Eng., CEO of Premium Exploration, Inc. is a Qualified Person as defined by NI 43-101 and prepared, and approves of the content of this release.

This press release contains certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties.  Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the TSX Venture Exchange and the British Columbia Securities Commission.  All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties.  There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.