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Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho

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Message: Re: This may be why the big run....
2
Oct 03, 2012 11:58AM

This also jumps out at me.

The reports identify lithology (Idaho Batholith), alteration, structure, and gold mineralization consistent with the Friday-Petsite resource beyond the 1.7 km mineralized Friday footprint, demonstrating the resource and the mineralized zone's additional growth potential. The Petsite Stock is located along the Friday Zone and correlates with all coincident geological data that identifies the 5 km potentially mineralized target.

The historic drilling done in and around the Petsite stock sits along strike and within the 5.0 km Friday Zone target, which consists of coincident geophysics, gold-in-soils, drilling, mapping and sampling.

Premium has drilled nine gold discoveries along a 20 km portion of the
30 km IGP with the Idaho Batholith interpreted as being the preferred
host rock for gold mineralization along the contiguous Buffalo Gulch,
Deadwood, Monday, and Friday mineralized Zones. 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.

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