Premium Exploration Inc.

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Management

Del Steiner, B.Sc., J.D., President & CEO

Mr. Steiner, JD, has over 25 years practicing law in Idaho, developing an excellent understanding environmental and mining law, including permitting from the exploration to mining phases. He was involved in the successful permitting of the Buffalo Gulch Mine as an open-pit heap leach operation in 1991 (Bema Gold Inc.,) and  maintains an excellent network of State and Federal contacts in Idaho. He was formerly President, CEO & Director of Idaho Consolidated Minerals Corp. (ICMC) and joint-ventured with Kinross on the development of the Idaho Gold Project.  Mr. Steiner has been involved in raising over $30M in resource sector and took Premium Exploration public in the Spring of 2006. He currently serves as President, CEO and Chairman of the Board of Premium Exploration.

Grant 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 a partner at Clearline Chartered Accountants.

Lisa 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.

Michael Ostenson, P.Geo., VP Exploration

Mr. 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.