posted on
Mar 03, 2011 09:08PM

Welcome To The Premium Exploration Inc HUB On AGORACOM
Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho

Message: Re: News
According to the Airborne magnetic, soil samples, former old mines, placer mining evidence, and more, the whole 28km PEM land holding is reportably mineral rich. But, drilling needs to be done to verify PEM's, and many other's belief. So far so good with the Friday-Petsite and the newly discovered Monday fault. If this continues through most or all of PEM's OSZ some have opined we could eventually prove up 10-20m oz. Others think 20-40m oz is possible. And possibly more. Only time will tell. PEM has said that they think it is possible that their land package could become a new mining district in N. America. A couple have dared to say it could eventually resemble the one and only Carlin Trend gold field of Nev. Take a half day to read postings on this BB going back as far as you have time to read. Perhaps at least to the summer of 2010. There are many knowledgable people who have added a lot of their research, time and effort to inform us all. It is worth the reading. There is always risk, but so far PEM has had 100% success with their drilling. Hopefully the next NI=43-101 resource count will have achieved PEM's 2010 goal. We should know by Monday in a news release. This could be a multi year exploration and development effort.
I do not have enough of a feel for the Chrome Mountain property possible disposition. Perhaps other's will chime in here and provide their insights. To me, the big deal is the OSZ. The MT property will hopefully give us a boost. In all my long life this PEM may one day prove to be one of the best I've invested in. It has the potential. It will take time and patience. Many small and big investors are on board for the long haul. I hope I'm still around loing enough to see this project mature.
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