Premium Exploration Inc (PMMEF)

[marwal]

Upcoming news releases in next couple of months should include: details of the Airborne Geophysics survey which preliminarilly show a footprint of likely gold deposits stretching 28km long; the final 5 drill results from Phase 3 drill program; details on upcoming NI 43-101 study for the Friday Petsite; Phase 4 drill plan for 2011 (with doubling the # of drills); possible disposition of the Montana property; re-assay results of a high grade core sample; and more. The last 2 drill assays were good ones; they continue a 100% drill success rate; management believes the upcoming (Feb/March, 2011) 43-101 resource infered results will double the existing 550,000 ounces; has said that the Friday could result in a few million ounces; has reported that they hit on a new deposit on the Monday fault a short distance to the west of the Friday fault.