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Premium Exploration Announces Commencement of Drilling at Idaho Project

Written by Investing News Network
|
Nov. 28, 2012 11:30AM PST

Premium Exploration Inc. (TSXV:PEM) announced that it has commenced a 8,000 metre infill and definition drill program at the Friday Zone on the Idaho Gold project. The Company is planning a total of up to 25 drill holes ranging in depth from 100m to 350m.

Premium Exploration Inc. (TSXV:PEM) announced that it has commenced a 8,000 metre infill and definition drill program at the Friday Zone on the Idaho Gold project. The Company is planning a total of up to 25 drill holes ranging in depth from 100m to 350m.

As quoted in the press release:

Define additional ounces within the 1 km pit-constrained resource, targeting areas with insufficient drill density, while simultaneously connecting the North and Main zones into one deposit.
Increase overall resources by expanding the pit constrained resource zone from 1.0 km to 1.7 km of strike length, targeting the successful 2011 step-out drilling along the additional 0.7 km strike to the south.

Click here to read the Premium Exploration Inc. (TSXV:PEM) press release

See this press release on Marketwire
Click here to see the Premium Exploration Inc. (TSXV:PEM) profile

premium exploration tsxv:pem
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