INVESTMENT IN GOLD AND PRECIOUS METAL EXPLORATION IN USA

Ausmon has invested approximately A$1.2 million for a strategic stake of 5,750,000 shares in Premium Exploration Inc. (Premium) representing approximately10% of the issued capital of Premium, a company listed on the TSX Venture Exchange of Canada (TSX-V:PEM). Ausmon assesses Premium to have some very exciting advanced projects and looks forward to work closely with the management of Premium through its representation on the Board of Premium.

ABOUT PREMIUM EXPLORATION INC

Premium is an explorer and developer of precious metals projects with significant potential for near-term production and growth. The projects are located in the USA and Mexico; stable regions where Premium has a history of success. The Premium team is committed to unlocking mineral wealth for their shareholders by discovering, developing, and permitting precious metals assets to production. Premium’s portfolio includes one of the largest land packages in Idaho, USA, including an NI 43-101 gold inferred resource of 531,890 ounces, a platinum group metals exploration project in Montana, and a past-producing silver project in Mexico.

For additional information, please visit the Premium website at www.premiumexploration.com.