Al Korelin interviews Del Steiner, President and CEO of Premium Exploration, about the companies recent drill results, as well as stock price in relation to gold and silver bullion prices and the market in general.
To Learn more visit: http://premiumexploration.com http://kereport.com
September 20th 2011: EKM and the Korelin Economics Report visit Premium Exploration's Idaho Gold Project near Elk City, Idaho.
Premium Exploration is making new gold discoveries while exploring its district-sized Idaho Gold Project along +30 Km of the Orogrande Shear Zone ("OSZ") in North-Central Idaho, USA.
The Company's goal is to discover multiple gold deposits along its 30 km property; the Idaho Gold Project hosts five zones of mineralization along a 30 km trend, similar to many large gold belts such as the Carlin Trend in Nevada.
Al talks with Mike Ostensen, VP Exploration for Premium Exploration, about their recent press release on their updated gold resource in Idaho.
From the press release:
May 31st, 2011, Vancouver, British Columbia: Premium Exploration Inc. (TSX-V:PEM) ("Premium" or "the Company") is making gold discoveries. The Company's goal is to discover multiple deposits along its 30 km property, an emerging gold district in Idaho, USA.
The Company is pleased to announce drill results and the 4th gold discovery. The discovery is 20 km along strike to the north from the initial discoveries on the Idaho Gold Project.
Highlights * Gold mineralization encountered in two zones 20 km apart along a 30 km regional gold trend utilizing the same geological model & exploration strategy * Both mineralized zones are interpreted to be associated with the 30 km regional gold trend * Buffalo Gulch Zone comprises 4 km of a 12 km gold-in-soil trend that correlates with the 30 km regional gold trend
April 15 ,2011: Al Korelin chats with David Morgan of The Morgan Report and Premium Exploration President Del Steiner at the Chicago Resource Expo about the ongoing U.S. financial crisis and how these woes have created a perfect storm for Gold.
Seduced by silver at the tender age of 11, David Morgan started investing in the stock market while still a teenager. A precious metals aficionado armed with degrees in finance and economics as well as engineering, he created the Silver-Investor.com website and originated The Morgan Report, a monthly that covers economic news, overall financial health of the global economy, currency problems ahead and reasons for investing in precious metals.
Mr. Steiner began his career in the junior exploration and mining sector in 1980 as an attorney and consultant specializing in environmental and mining law. Mr. Steiner was formerly President, CEO and Director of Idaho Consolidated Minerals Corp. (ICMC). During his tenure at ICMC, Mr. Steiner was involved in the development of over 600,000 oz Au on the Orogrande Shear Zone in Idaho, USA. He was also instrumental in helping Bema Gold obtain the original permitting for the Buffalo Gulch Gold Mine in 1992, prior to the mine being put on care and maintenance. Mr. Steiner took Premium Exploration public in the Spring of 2006.
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