- CEO
- John Patric Ryan
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 5968 N. Govt. Way Coeur D'Alene ID United States of America 83815
- IPO Date
- Jul 6, 2010
- Business
- Premium Exploration, Inc. is a mineral exploration company principally engaged in the exploration and development of precious metal properties, with a primary focus on gold deposits. Founded in 2004 and headquartered in Coeur d'Alene, Idaho, the company specializes in discovering and advancing gold resources within the district-sized Idaho Gold Project located in north-central Idaho, United States. Its core assets include multiple known gold deposits, notably the Friday, Deadwood, and Buffalo Gulch oxide deposits, which collectively contain significant measured, indicated, and inferred gold resources. Key product categories and services encompass mineral exploration and development activities aimed at expanding these precious metal deposits.
The Idaho Gold Project is situated along the Orogrande Shear Zone, a regionally significant gold-mineralized structure spanning more than 30 kilometers. Premium Exploration's latest strategic moves include the acquisition of patented private properties within the project area, such as the Red Elk Group and Section 16 parcels, which provide critical infrastructure advantages, including an industrial site and water rights, facilitating the expansion of exploration and development activities. These acquisitions, completed in 2025 through option exercises and purchase agreements, enhance the company’s ability to permit and develop the project efficiently. The company utilizes proven exploration strategies and continues to focus on advancing gold resources through systematic drilling and resource expansion programs.
Operating primarily in the precious metals exploration industry, Premium Exploration targets district-scale gold mining opportunities primarily within the United States market. The company remains positioned to create shareholder value through ongoing resource development and strategic land acquisitions, expanding its land holdings and infrastructure within the Idaho Gold Project footprint. This strategic approach and recent property acquisitions mark a significant operational enhancement to support the advancement towards a larger-scale gold mining operation. Premium Exploration, Inc. trades under the ticker PMMEF.