Premium Announces Termination of Option Agreement with Logan Resources Ltd.
15 June 2013 - 2:17AM
Access Wire
June 14, 2013, Vancouver, British Columbia - Premium Exploration
Inc. (TSXV: PEM; OTCQX: PMMEF) ("Premium" or the "Company")
announces the termination of the Option Agreement (the "Option
Agreement") dated March 27, 2013, between the Company and Logan
Resources Ltd. ("Logan"), pursuant to which Logan was granted the
option to acquire up to a 75% interest in Premium's Idaho Gold
Property. The Option Agreement was terminated on June 13, 2013 by
mutual agreement between Premium and Logan.
About Premium Exploration Inc.
Premium is focused on gold exploration at its district-sized
land package along the Orogrande Shear Zone (the "OSZ") in
North-Central Idaho, USA. The OSZ is a 30+ km regionally
significant trending structure with multiple know zones of gold
mineralization and, similar to many large gold belts, like the
Carlin Trend in Nevada. Armed with a proven exploration strategy,
30 km of drill-ready targets, Premium is well positioned to create
shareholder value through the exploration and development of this
emerging gold district. For additional information, please visit us
at www.premiumexploration.com.
For more information, please contact:
-------------------------------------------------------------------
|Mr. Del Steiner President & Chief | |Ms. Christine Kopr Corporate|
|Executive Officer Premium | |Communications Opes Capital |
|Exploration Inc. P: (604) 682-0243| |Inc. P: (604) 682-0243 F: |
|F: (604) 682-2499 E: | |(604) 682-2499 E: |
|dsteiner@premiumexploration.com | |ckopr@opescapitalinc.com |
| | |www.opescapitalinc.com |
-------------------------------------------------------------------
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
(TSXV:PEM)
Historical Stock Chart
From Jun 2024 to Jul 2024
(TSXV:PEM)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about (TSX Venture Exchange): 0 recent articles
More News Articles