Premium Exploration's Profile
EVALUATE | ACQUIRE | ADVANCE
A Precious Metals Explorer & Prospect Generator with a Focus on North America
Premium Exploration, Inc. is a precious metals exploration company focused on prospect generation, evaluation and exploration in North America. Listed on the TSX Venture Exchange (TSX-V:PEM), Premium has assembled an innovative and experienced management and advisory team who are committed to the long-term success of the Company.
Premium is focused on evaluating, acquiring and advancing projects. Our goal is to discover precious metal deposits that are strategically located in areas that would allow their profitable extraction, with minimal political, social or environmental risks.
The Company's project pipelines in Mexico and the United States are rapidly filling with high prospective exploration prospects. Premium has already acquired several gold-silver projects with good infrastructure under favourable terms and is moving rapidly to advance them. With current high metal prices and the long-term bullish outlook for precious metals, Premium is well-positioned to develop projects and dramatically increase shareholder value.
Company Highlights
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$5,000,000 Joint Venture with Beartooth Platinum Corp (TSX-V: BTP).
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LOI for the acquisition of a 531,000 oz inferred gold resource, Friday/Petsite, Idaho, USA, open along strike and at depth
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Purchase of a Hydracore 28 portable drill, contract with an experienced driller
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Completing initial drill program for flagship project, Nueva Galicia, 18,000 hectares, Nayarit, Mexico - initial results include an an est. true width of 2.64m of 7.84 g/t Au and 814 g/t Ag
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LOI to joint venture the exploration and development of the historic Buffalo Gulch Gold Deposit, North Orogrande Shear Zone, Idaho, USA
Management & Directors
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Del Steiner
President & CEODel Steiner, B.Sc., J.D., President
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 and is a Director of SNS Silver Corp. -
Grant T. Smith
CFOGrant T. Smith, C.A., Chief Financial Officer
Mr. Smith’s background includes experience in operating and exploration mining companies throughout North and South America. He brings audit experience from two of Vancouver’s highly respected audit and accounting firms and has audit experience in mining companies with reporting for TSX, TSX Venture and AMEX. His management background extends over 20 years and includes a diverse variety of operations and organizations. He was previously the CFO for Aurcana Mining Corporation a silver producer in Mexico. Mr. Smith is currently a senior manager at Johnsen Archer, LLP. -
Barney Green Lee Portillo
VP Mining Development-MexicoBarney Green Lee Portillo, VP Mining Development-Mexico
Mr. Portillo is a licensed Mineral Surveyor Consultant and has worked in the Mexican mining industry for 25 years as a Landman and Survey Engineer. He has worked with the Mexican Federal Government (Federal Mining Bureau) and has experience in mining, labour employment and property law with additional expertise in topography and surveying techniques. Mr. Portillo has project management experience and has worked with several major mining companies such as Barrick Gold, Glamis Gold and Kimber Resources. -
Michael Ostenson, P.Geo.
VP ExplorationMr. Ostenson, is an experienced gold, platinum and palladium exploration geologist. He has been with Premium since May 2009 as the head Project Geologist for the Company’s Idaho Gold projects and has been directly involved with the planning and execution of the Phase I, II and current drill programs. He is familiar with the geology and surrounding area having worked on the Idaho Gold properties with previous operators since 2004 and having been an integral part of the team in the delineation of the current resource. Mr. Ostenson also brings mining and mine development expertise from his experience as a platinum and palladium geologist for six years in the Stillwater Complex, Montana, USA, including experience with Stillwater Mining Company as an Ore Grade Control Geologist and a Gold Mine Geologist with AngloGold Corp at its Jerritt Canyon Mine in Elko, Nevada, USA. Mr. Ostenson has a Bachelor of Science (Earth Sciences) from the Montana State University, USA.
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Lisa Maxwell
Corporate SecretaryLisa Maxwell, Corporate Secretary
Ms. Maxwell brings 15 years of business experience to her position as Corporate Secretary with Premium Exploration. Her commitment to corporate governance fits with our policy for responsible growth that is centered on the long-term success of the Company. She is an active member of the Canadian Society of Corporate Secretaries (CSCS). Prior to joining Premium in 2005, Ms. Maxwell held a series of progressively senior positions as a project manager for various large scale private and public projects including the development and implementation of media and marketing plans with Sutton Javelin Corporate Communications and Rapid Transit 2000 Ltd., Millennium Line.
Broker Fact Sheet
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PEM Broker Fact Sheet
Thu Mar 29, 2019Fact sheet details
Company Links
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Thu Dec 01 2011, 01:00PM
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Wed Mar 16 2011, 07:10AMIdaho Gold Project:
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Mon Sep 20 2010, 07:29AMThese guys do a great job on thier site and they keep it current. Any new investor should go through the site in detail.
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Mon Sep 13 2010, 08:25AMCaluclating Volume
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Fri Sep 10 2010, 10:39AMLatest 43-101
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Wed Sep 09 2009, 01:05AMNice to be able to keep tabs on the insiders of any company one may be interested in monitoring. Here's the direct link to the last ten transactions by PEM insiders. It's only ten because its the freebe site.
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Wed Sep 09 2009, 12:50AM24 hour spot gold
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Tue Sep 08 2009, 11:29PMPremium Exploration's Facebook Page
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Tue Sep 08 2009, 03:16PMPremium Exploration Inc's group of gold properties located along the Orogrande Shear Zone have been featured in Resource World Magazine's Field Report, "Idaho Odyssey". Sept 2009 issue