Premium Exploration Inc. announced further assay results from drilling the deep zone at the Friday Gold Deposit in Idaho County, Idaho. The drill hole was a vertical step-out hole aimed at drilling both the upper and lower gold zones at the Friday deposit. The drill hole encountered a long interval of gold mineralization - 286.67 meters (940.51 feet) with a weighted average of 0.73 g/t Gold.

Within this zone were intervals of higher grade gold mineralization, the high being 1.37 meter (4.5 feet) of 14.35 g/t Au at 229.67 meters (753.5 feet). The current drilling is now focused on the upper high grade zone and there are numerous upper zone drill holes with assay's pending. The ongoing drill program consists of a total of 14 HQ core holes and completes assay results have now been received for the first three drill holes PFR2013_1&2 &PFR2014_1.

Drill hole PFR2014_11 is now being drilled.