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Premium Exploration Inc. (CVE:PEM) reports 3 elevated silver assays grading 153, 100, and 93 g/t Ag in its new Monday Zone discovery along the Idaho gold project.
The press release is quoted as saying:
It was the second discovery drill-hole to intersect the structure called the “Monday Fault”. The drill hole drilled west at a -55 dip, successfully intercepting the new Monday Fault along the same geophysical-structural anomaly as previously released PFR2010-19 which returned 1.4 g/t Au over 38.6 meters. PFR2010_22 was completed at 818.5 meters down-hole depth terminating in anomalous gold mineralization.
Premium’s VP Exploration, Michael Ostenson, P.Geo. says:
“The high silver values represent a unique characteristic of the Monday Zone. This is a significant discovery and will be followed up during the 25,000 meter drill program currently underway.”
Click here to access the entire news release.
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