Lucky Strike Zone was discovered at the end of the 2010 season when geophysics revealed an 18 km long, potentially mineralized structure named the Lucky Strike.
The Lucky Strike structure is located to the west of and parallel to the main 30 km structure that trends through the Buffalo Gulch and Deadwood Zones. It is the first area of focus for the 2011 soil sampling program. The program is following up on a gold-in-soil discovery along 1.0 Km of the 18 Km interpreted structure. The soil anomaly peaked at 265 ppb Au.
This zone has not been systematically explored, soil sampled, or drilled, however, a 3.5 km portion of the 18 Km structure was extensively dredged and heavily panned for gold in the late 1800’s to early 1990’s during the Great Idaho Gold Rush. Previous operators never identified the source of the mineralized system. Pending favourable soil results along the 18 km long zone, Premium anticipates drilling the Lucky Strike during current the Phase-Four Drill Program.