The Conversation (0)
Premium Exploration Inc. (CVE:PEM) reports results and highlights from the 25,000 m drill program.
The press release is quoted as saying:
The Company is pleased to announce results and highlights from the 25,000 m drill program currently underway:
- Increased the mineralized strike length of the Main Zone/Lower Block Zone 85 m north and 265 m south, for a total mineralized strike length of 1,150 m, a 44% increase since the start of Phase-Four
- Drill highlights include PFR2011-8: 1.0 g/t gold over 117.7 m including 2.9 g/t gold over 9.1 m
- Three drills are active on the property; one at the Friday Zone and two in the highly prospective Deadwood Zone
- 3,209.3 m (13%) of the 25,000 m program is now reported, with 6,220.6 m (25%) drilled to date
Premium’s VP of Exploration, Michael Ostenson says:
“The 44% increase in the strike length of the Main Zone to the north and south demonstrates the additional size potential of the Friday Deposit along strike.” “This provides the Company with a framework to return with tighter spaced infill drill-holes, where we can drill to the west across mineralization in an effort to delineate the width of the mineralization.”
Click here to access the entire news release.
