Premium Provides Assay Results from Friday Gold Deposit

Gold Investing

Premium Exploration Inc. (TSXV:PEM) announced assay results from hole PFR2013-2, drilled in the deep zone at its Idaho-based Friday gold deposit, commenting that highlights include 3.68 grams per ton (g/t) gold over 6.1 meters.

Premium Exploration Inc. (TSXV:PEM) announced assay results from hole PFR2013-2, drilled in the deep zone at its Idaho-based Friday gold deposit, commenting that highlights include 3.68 grams per ton (g/t) gold over 6.1 meters.

Other highlights include:

  • 2.37 g.t gold over 36.4 meters  (199.5 feet)
  • 1.66 g/t gold over 123.3 meters (417.5 feet)

The press release also states:

Drill hole PFR2013_2 was drilled 15 meters north of PFR2009_10 and intercepted the strongest mineralization at approximately 17 meters due to drill-hole deflection.  A zone of 36 meters (785 to 904 feet) encountered strongly silicified, clast-supported breccia rimmed with pyrite.  A suite of metallic screens will be completed on the high-grade intercepts, as well as a selected grade range to better understand gold distribution.  Approximately 50 samples will have metallurgical testing work performed in the near future to further our understanding of the high-grade zone.

Click here to read the full Premium Exploration Inc. (TSXV:PEM) press release.

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