The Conversation (0)
Premium Exploration Inc. (CVE: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.
