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Title: Premium Resources Generates Drill Targets in Botswana with BHEM Technology
Canada, 30th May 2025 – Global Stocks News - Sponsored content disseminated on behalf of Premium Resources. On May 27, 2025, Premium Resources (TSXV: PREM) (OTC Pink: PRMLF) announced a successful intercept of mineralization at Selebi North Underground (SNUG) targeting down-plunge expansion beyond the resource model.PREM owns two previously-producing copper, nickel, cobalt and platinum-group-element (PGE) mines in Botswana, a safe, mineral-rich Tier 1 mining jurisdiction in Africa.Exploration at the Selebi Project Area began in 1959 with geochemical sampling and diamond drilling by a local company called Bamangwato Concessions Limited. The Selebi copper-nickel discovery was made in 1963.The underground Selebi Mines were in production between 1980 and 2016. Both Selebi and Selebi North mines, having produced 40 million tonnes of ore, were put into Care & Maintenance due to low metal prices and a failure of the on-site smelter.On March 18, 2025 it was announced that a consortium of institutional investors made sizable early bets on the future of Premium’s Botswana assets. The $46 million non-brokered equity financing included the participation of the Fiore Management and Advisory Corporation, headed by Frank Giustra.“Premium Resources has been reactivated with new money, new talent and new ideas,” Morgan Lekstrom, CEO of Premium Resources told Guy Bennett, CEO of Global Stocks News (GSN).“The previous operator drilled more than 400 surface holes into the Selebi Main and North Deposits,” Lekstrom told GSN. “We inherited the historical data including location maps. Our team identified the strategically located historical holes and opened them up and began an extensive borehole electromagnetic program (BHEM).”“With BHEM, a transmitter loop is placed on the surf...
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