Some HIghlights:
"On September 20, 2010, Premium Exploration released the results of six additional holes from the ongoing 10,000m Phase-3 drill program at Friday-Petsite. . .all six holes intersected long intercepts of ore-grade material. These six drill holes, together with the six previously released Phase-3 holes, have increased the strike of the lower block from 100m–300m, essentially doubling the down-dip extension of the current resource from 150m–300m. The deposit remains open along strike to the north and south and at depth.
Based on drilling completed to date, we have derived a conservative back-of-the-envelope estimate of the resource zone of 28.5–33.5 Mt. with an average grade of .94–1.14 g/t for 0.85—1.2 Moz. Au. Moreover, these results reaffirm our view of the potential for the expansion of the Friday Zone and we reiterate our conservative blue-sky estimate of the open-pit mineable resource at 1.5–2.5 Moz."
''To date'' was five months ago...