It could take 20-30 years or longer for 3 or 4 drilling rigs to "thoroughly" drill PEM's identified potential mineralized structure, depending on what they find along the way. (Not that all of it would require drilling). Much more economically mineable gold will be found. So, why is this so important?

Large junior and major mining companies are begining to focus in on what will soon turn into a "bottom feeding" race to acquire undeveloped yet significant gold mining opportunities before other's beat them to the punch. Such larger companies don't have the time to explore and find their own new gold fields. Instead, most prefer to let other's do the finding for them so they can add to their gold-in-the-ground inventory and move into development and production more quickly. If they want to lock in "future" larger profits they need to do so sooner rather than later. Doing right by their own shareholders leaves them no other choice. History has proven that small exploration companies who "have the gold," in times like these, have a huge potential for triple, even quadruple, gains in share price. Given each new revelation about Premium Exploration's holdings, shareholders draw closer to to some eventuality, to some fate many will remember for the rest of their lives, one way or another.

The time for PEM to shine is near and clear. The outcome will be known in due course. We have entered a new M&A phase of the gold bull market while riding into the arena with PEM as our champion show horse. That is why little things, such as 40% additional potential mineralized structure, is so important.

marwal