For those interested in getting in on the ground floor in what is likely the biggest gold district discover in decades that may rival the Carlin Trend and is all owned 100% by Premium Exploration PEM.This is a once in a life time chance to get in before the world sees that PEM may have the largest inventory of gold of any JR listed company in the US;
April 19 2011
Premium Exploration Inc. (TSX-V: PEM) ("Premium" or the “Company”) is pleased to announce that Mike Starogiannis of Fraser MacKenzie, Killian Charles of Industrial Alliance, and Vishal Gupta of Dundee Resources have initiated research coverage on the Company.
“Dundee continues to see potential for a large scale, bulk mining operation with one deposit estimated to contain a total of 1.223 million gold ounces.”
“Fraser Mackenzie anticipates a likely case of 2.7 million ounces of Gold in 12 months to 18 months.”
Company Highlights Include:
30 km potentially mineralized gold trend
+25,000 m district-wide exploration program focused on making new discoveries underway
Existing resources open for expansion:
343,000 oz Au Indicated – (11.8 Mt @ 0.90 g/t Au with 0.5 g/t Au cut-off)
879,000 oz Au Inferred – (26.4 Mt @ 1.04 g/t Au with 0.5 g/t Au cut-off)
343,000 oz Au Indicated – (11.8 Mt @ 0.90 g/t Au with 0.5 g/t Au cut-off)
879,000 oz Au Inferred – (26.4 Mt @ 1.04 g/t Au with 0.5 g/t Au cut-off)
Premium Exploration Inc. is focused on gold exploration at its district-sized Idaho Gold Project along the +30 Km Orogrande Shear Zone (“OSZ”) in North-Central Idaho, USA.
The Idaho Gold Project hosts five zones of mineralization within 30 km of potentially mineralized structure identified by geophysics and is similar to many large gold belts such as the Carlin Trend in Nevada.
The Company’s goal is to ultimately develop a district with multiple near-surface gold resources along its +30 km property. Its strategy of drilling structures identified by geophysics and gold-in soil trends has led to 3 gold discoveries and significant resource development.
We look forward to hearing from you and answering any question you may have. Thank you for your interest in Premium Exploration Inc.
Yours Sincerely,
Del Steiner, President and CEO
Tel: 604.682.0243
info@premiumexploration.com
About Premium Exploration, Inc.
Premium Exploration Inc. (TSX-V:PEM) is focused on gold exploration at its district-sized land package along the Orogrande Shear Zone (“OSZ”) in North-Central Idaho, USA; the 4th largest gold producing country in the world. The “OSZ” is a +30 km regionally-significant trending structure with multiple known zones of gold mineralization and is similar to many large gold belts, like the Carlin Trend in Nevada. Armed with a proven exploration strategy, advancing gold resources, and 30 Km of drill-ready targets, Premium is well positioned to create shareholder value through exploration, discovery, and the development of this emerging gold district. For additional information, please visit us at www.premiumexploration.com.
For more information, please contact:
Mr. Del Steiner, JD.
President
Premium Exploration Inc.
(604) 682-0243
(604) 682-2499
e: dsteiner@premiumexploration.com
w: www.premiumexploration.com
Ms. Christine Kopr
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