Premium Exploration Inc.

Premium Exploration Inc.

February 22, 2008 12:28 ET

CCM Research Issues Initial Report on Premium Exploration, Inc.

TORONTO, ONTARIO--(Marketwire - Feb. 22, 2008) - Premium Exploration, Inc. (TSX VENTURE:PEM) -

CCM Research analyst, Stephanie Loiacono, CFA, has written an initiating report on Premium Exploration, Inc.

Premium Exploration (TSX VENTURE:PEM) is a precious metals exploration company focused on exploration in North America and has assembled both an innovative and experienced management and advisory team who are committed to the long-term success of the company. Premium's goal is to discover precious metal deposits that are strategically located in areas that would allow their profitable extraction with minimal political, social or environmental risks. Current holdings are in Mexico and the USA. By acquiring prospects internally and financing some of them through joint venture partners, the company is able to maximize the potential for discovery while mitigating risk and increasing shareholder value.

In the report the analyst states, "Financial results for PEM's third quarter and nine months of 2007 were consistent with our expectations. The Company is on-track and gaining momentum with its exploration and development activities."

The analyst continues, "We believe PEM is particularly well-positioned among the juniors, and that PEM shareholders are likely to participate in a significant mineral discovery."

With regard to acquisitions, the analyst notes: "We expect to see the Company take advantage of new opportunities particularly in Mexico, where the Mexican Government is strongly supportive of staking and acquisition activities. The Company is actively looking for acquisitions and joint ventures to add to its quality pipeline."

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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