Premium Exploration Initiates Phase-Three Drill Program

Premium Exploration Inc. (TSX VENTURE:PEM) reported that the Phase-Three drill program has been initiated for the exploration and development of the Friday-Petsite resource located on the Orogrande Shear Zone in central Idaho, USA.

The press release is quoted as saying:

The program is designed to delineate the target mineralization adjacent to the existing 549,000 oz gold resource with the goal of increasing the size of the resource and upgrading the resource categories. Currently, the Friday-Petsite project represents approximately 4% of the strike length of the Orogrande Shear Zone.

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