Premium Exploration Intercepts 1.83m of 30.65 g/t Gold and 0.46m of 23.8 g/t Gold at Idaho Gold Project

Premium Exploration Inc. (TSXV:PEM, OTCPINK:PMMEF) released more assay results from drilling the upper gold zone at the Friday Gold Deposit in Idaho County, Idaho. Drill-hole FPR2014_3 and 4 were infill holes targeting the upper gold zone. High grade gold mineralization occurs beneath a dacite dike in competent silicified rocks with mineralized shear zone drill indicated widths of 18 to 6 meters. Fold occurs in veins and disseminated pyrite in a combination of predominantly Quartz Monzonite and Mica Schist with sericite carbonate alteration.

Highlights from the drill program include:

PFR2014_3:        30.65 g/t gold over 1.83 meters,

2.16 g/t gold over 2.16 meters;

2.00 g/t gold over 18.29 meters

PFR2014_4:        10.75 g/t gold over 0.91 meters;

23.8 g/t gold over 0.46 meters

2.21 g/t gold over 6.1 meters;

PFR2014_2:        3.04 g/t gold over 3.04 meters

1.29 g/t gold over 5.94

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