Premium Exploration: Correction From Source and Step-Out Drilling Extends Gold Resource Zone by 15% in Ongoing 25,000 m Drill Program

Premium Exploration Inc. (TSXV:PEM) reports its goal is to discover multiple deposits along its 30 km property, an emerging gold district in Idaho, USA.

The press release is quoted as saying:

The results also exhibit mineralization along the first 115 m of the 2.5 km of potential additional strike length indentified by geophysics and gold-in-soils. Premium is currently taking broad step-outs to the north and south to test this potential and delineate the true mineralized footprint of the Friday-Petsite deposit as it remains open along strike and depth.

Premium’s VP Exploration, Michael Ostenson, P.GEO. says:

“343,000 indicated gold oz and 780,000 inferred gold oz are hosted within the 800 meter strike length of the Main Resource Zone. The 15% increase in the strike length of the Main Zone to the south and the successful location of the target to guide step-outs to the north, demonstrates the additional size potential of the deposit along strike.”

Click here to access the entire news release. 

Click here to access Premium’s company profile.(TSXV:PEM)