VANCOUVER, BC / ACCESSWIRE / April 24, 2015 / Premium Exploration Inc. (TSX-V: PEM; OTC Pink Current: PMMEF) ("Premium" or the "Company") announces the resignation of Grant T. Smith, Chief Financial Officer and Lisa Maxwell, Corporate Secretary from the Company.
The Board of Directors thanks Mr. Smith and Ms. Maxwell for their past dedication and service to the Company and wishes them success in their future endeavours.
About Premium Exploration Inc.
The Company's purpose is to efficiently and economically advance their district sized Idaho Gold Project. The Idaho Gold project contains three known deposits. The Friday deposit has an NI 43-101 compliant resource of:
Indicated: 647,000 Au (20.1 MT @ 1.0 g/t Au with 0.45 g/t cut-off)
Inferred: 590,000 Au (20.9 MT @ 0.88 g/t Au with 0.45 g/t cut-off)
The Deadwood deposit and the Buffalo Gulch oxide deposit both have small historical gold resources and both are expandable. Premium Exploration has commenced a preliminary economic study envisioning underground mining of a high grade portion of the Friday deposit.
For More Information Please Contact:
Mr. John Ryan | President & CEO
Phone: (208) 209-9868 ext 39)
Cell: (843) 290-8930
E: [email protected].
SOURCE: Premium Exploration Inc.