- Premium Resources initiates a 12,500-meter drilling program between Selebi North and Selebi Main deposits.
- The program targets large borehole electromagnetic (BHEM) plates over a five-month period.
- The drilling aims to demonstrate a mineralized connection between the deposits, advancing critical metals exploration.
Premium Resources Ltd. (OTC: PRMLF) has commenced a significant surface drilling campaign in the 2-kilometer gap zone between the Selebi North and Selebi Main deposits, collectively known as the Selebi Mines. The operation, utilizing two company-owned drill rigs, spans approximately 12,500 meters across six holes, with the objective to investigate large borehole electromagnetic (BHEM) plates.
This strategic drilling initiative aims to unlock the broader scale potential of the Selebi Mines by identifying possible mineralized connections between the deposits. The program is scheduled for completion within a five-month timeframe, representing a critical step in Premium Resources' strategy to become a major source of critical metals in a Tier One mining jurisdiction.
Morgan Lekstrom, CEO of Premium Resources, stated that this campaign holds the potential to unlock substantial value and is pivotal in advancing the company's growth strategy. The project aligns with the company's commitment to expanding its core assets and achieving its objective of resource development in a sustainable and transparent manner.
