PEM's Own Private Idaho

The Northern Miner (09/05/2010)
"Idaho is hardly known for its gold deposits, with neighbors like Nevada to the south shining brighter. But Premium Exploration is looking to bring more of a golden glow to the center of the potato state, as it develops its 28km-long Orogrande shear zone. Premium has only been exploring in the area since late 2007, but significant work had already been done on two sections of the shear zone: Friday-Petsite and Buffalo Gulch. The Friday-Petsite hosts a resource of 15.2 million inferred tons grading 1.09 grams gold per ton from work done by Kinross Gold in the late 1990s and later Beartooth Platinum. Buffalo Gulch has a historic, non-compliant resource of 100 koz. from Bema Gold's work in the late 1980s. Premium has put together a land package that incorporates the two targets and much of the land in between. While the two targets have seen a fair bit of work, the rest remains largely unexplored."

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