fredag den 3. februar 2012
mandag den 12. december 2011
søndag den 11. december 2011
Opes Capital Inc Zurich
December 1, 2011, Vancouver, British Columbia: Premium Exploration Inc. (TSX-V:PEM; OTCQX:PMMEF) (”Premium” or the “Company”) is pleased to announce that the first six of nine holes drilled in the 35 km2 Deadwood Zone have resulted in four widely-spaced gold discoveries in host rocks identical to the Friday Zone. These discoveries are located 12 km north of the Friday Zone, which hosts a current NI 43-101 compliant resource of 343,000 oz indicated (11.8 Mt @ 0.90 g/t Au) and 879,000 oz inferred (26.4 Mt @ 1.04 g/t Au) at a 0.5 g/t cut-off along 1,400m of a 5,000m coincident geophysical and gold-in-soil trend.
Key Points:
- Encountered gold-bearing host rocks and structures identical to the Friday Zone in multiple locations throughout the Deadwood Zone.
- Premium has now made eight gold discoveries along 20 km of the Idaho Gold Project (“IGP”). Geological similarities between all zones and at all scales suggest that these zones are related to the same mineralizing event and, as a result, are potentially connected along trend and at depth.
- DW2011-1,3,4,5,6 intercepted three separate mineralised zones and together demonstrate potential continuity along 1.3 km of strike length.
- DW2011-2 discovered a high-grade vein system, intersecting gold-bearing host rocks identical to those found at the Friday Zone in close proximity to the historic Grangeville Mine ~4 km from DW2011-1,3,4,5,and 6
Opes Capital Inc Zurich
OUR PORTFOLIO
We work with committed, knowledgeable, high integrity entrepreneurs who have a vision for how their unique technology can create new markets.
CONTACT US
The best way to begin a dialog with us is by contacting the general partner with the expertise and experience that most closely matches your company’s sector.
ABOUT US
Leveraging over 60 years of operating experience at market leading companies such as Apple, AOL, Decru, EFI, Juniper Networks, Nike, Nokia, Radius and UUNet, Opus Capital focuses on early-stage funding of technology companies.
Abonner på:
Opslag (Atom)