Premium Exploration 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 [...]
Premium Exploration announces that a total of fifteen holes were drilled into the high grade section of the Friday deposit in early 2014 and with this press release, all results from the drill program will have been reported. Three holes of the fifteen holes targeted the gold zone located at roughly two hundred meters depth and twelve holes [...]
Premium Exploration Inc. announces the following: Claim Fees Paid Premium Exploration has paid the Bureau of Land Management claim fees which were due on September 2, 2014 on a large portion of the land holdings of the Company in both Idaho and Montana. The funds used to pay the fees were those received in a payment from New Jersey Mining Company [...]
Premium Exploration announces the appointment of Mr. Howard M. Crosby to its Board of Directors and the resignation of Mr. Cesar Lopez. In addition to his new role as a director of Premium, Mr. Crosby is currently President and Director of Shoshone Silver (OTC, SHSH), a director of White Mountain Titanium, Chairman of Golden Globe Energy, and [...]
Premium Exploration announces the sale of the Bennett Lumber Company Mill Site and the Red Elk Group of claims to New Jersey Mining Company. The property consists of 220 acres, situated in Elk City, and the Red Elk Group of claims consists of 13 patented mining claims. NJM will to make cash payments to Premium, a total of Four Hundred and [...]
Premium Exploration announces the resignation of Mr. Robert Komarechka and Dr. Guojian Xu from its Board of Directors. Mr. Komarechka is resigning as a director of Premium Exploration as a result of his recent acceptance of his position as President and CEO of Alibaba Graphite Corp. Dr. Xu is resigning due to time constraints. John Ryan, Chairman [...]
Premium Exploration announces that it is cancelling the proposed private placement originally announced on Feb 7th, 2014. The financing is being cancelled due to unfavourable market conditions. Premium will continue to monitor the market and identify appropriate opportunities as conditions improve. The Company's purpose is to efficiently and [...]
Premium Exploration announces further assay results from drilling the upper gold zone at the Friday Gold Deposit. Drill-hole FPR2014_3 and 4 were infill holes targeting the upper gold zone. High grade gold mineralization occurs beneath a dacite dike in competent silicified rocks with mineralized shear zone drill indicated widths of 18 to 6 meters [...]
Premium Exploration announces that further to its news release of Feb 7, 2014, the Company has re-priced its non-brokered private placement of up to 5,000,000 units at $0.20 per Unit for gross proceeds of up to $1,000,000. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant. Each whole [...]
Premium Exploration announced that its Board of Directors has approved a change of the Company's auditors. At the request of the Company, MNP LLP has resigned as auditor of the Company effective February 26th, 2014. The Board of Directors of the Company have appointed Martinelli Mick PLLC as the successor auditor, effective Feb 26, 2014. The [...]
Premium Exploration announces further assay results from drilling the deep zone at the Friday Gold Deposit in Idaho County, Idaho. The drill hole was a vertical step-out hole aimed at drilling both the upper and lower gold zones at the Friday deposit. The drill hole encountered a long interval of gold mineralization - 286.67 meters (940.51 feet [...]
February 7th, 2014, Coeur d'Alene, Idaho - Premium Exploration Inc. (TSX-V: PEM; OTC Pink Current: PMMEF) ("Premium" or the "Company") is pleased to announce that it has arranged a non-brokered private placement (the "Private Placement") for up to 5,000,000 Units (each a "Unit") of the Company to raise gross proceeds of $1,000,000 at a price of [...]
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