Premium Exploration Inc.

Premium Exploration Inc.

October 02, 2007 13:58 ET

CCM Research Issues Update Report on Premium Exploration, Inc.

TORONTO, ONTARIO--(Marketwire - Oct. 2, 2007) - CCM Research analyst, Stephanie Loiacono, CFA, has written an update report on Premium Exploration, Inc.

Premium Exploration, Inc. (TSX VENTURE:PEM)(PINK SHEETS:PMMEF) is a precious metals exploration company focused on prospect generation, evaluation and exploration in North America. Premium has assembled an innovative and experienced management and advisory team who are committed to the long-term success of the Company. The Company has established excellent project pipelines in Mexico and has already acquired several gold-silver projects with good infrastructure under favourable terms and is moving rapidly to advance them.

In the report the analyst states, "PEM's joint venture business strategy permits the Company to maintain substantial interests in multiple projects, thereby improving the possibility that shareholders will participate in a significant mineral discovery."

The analyst continues, "financial results for PEM's first six months of 2007 were consistent with our expectations. The Company is on-track with its exploration and development activities."

Regarding the quality of PEM's projects the analyst notes, "These projects are generally characterized by strong resource potential, excellent infrastructure with good access to roads, electricity and water, and the ability to be brought quickly into production."

A free copy of the report can be found at

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The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

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