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Premium Resources (TSXV: PREM) Targets Resource Expansion with 12-Hole Drill Program at Selkirk Mine
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Highlights
Premium Resources Ltd.(TSXV: PREM, OTC Pink: PRMLF) has commenced a surface drilling campaign at its Selkirk Mine project in Botswana. The 12-hole program is designed to support resource reclassification, validate historical data, and facilitate future development decisions. The site, which produced approximately 1 million tonnes of ore between 1989 and 2002, contains copper, nickel, cobalt, and platinum group elements (Cu-Ni-Co-PGE) in sulphide mineralization.
The current phase includes twinning of historic drill holes and continued resampling of legacy core. In 2024, 17 historical holes were resampled to expand PGE datasets, and 34 more holes have now been selected for similar analysis. These results will feed into a future update of the National Instrument 43-101 (“NI 43-101”) compliant mineral resource estimate.
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