Premium Exploration Inc PEM:CA announced drill results from its Friday-Petsite Gold Project in central Idaho. Assay highlights include 0.8 g/t gold over 155.8 metres, 1 g/t over 75 metres, 0.8 g/t over 206.7 metres and 1 g/t over 126.2 metres.
The Friday-Petsite Project has an inferred mineral resource estimate of 549,000 ounces gold. It consists of 120 claims that include the two past-producing mines locally known as the Orogrande Mine and the Frisco Pit.
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by Ted Niles