Premium Exploration Discovers More Gold 20 km from 1st Discovery

- May 31st, 2011

Premium Exploration Inc. (CVE:PEM) reports drill results and the 4th gold discovery on the Idaho gold project.

Premium Exploration Inc. (TSXV:PEM) reports drill results and the 4th gold discovery on the Idaho gold project.

The press release is quoted as saying:

It also intersected 1.3 g/t gold over 4.6 meterswithin the sulphides. It intersected an interpreted mineralized structure identified by IP Dipole-Dipole geophysics and is considered secondary to a much larger structure nearby. More drilling is required. BG2011-1 was drilled vertically to a total depth of 266.7 meters and terminated in anomalous mineralization.

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