Vol. 69 - PREMIUM CHROME: PREMIUM EXPLORATION

Dear Member

Our most recently featured company, Premium Exploration (PEM:TSXV) has announced a detailed overview and program for their Chrome Mountain (platinum, palladium, rhodium and gold) Property, located in Montana.

Even if you are not invested in Premium Exploration it is crucial for every investor to be aware of any potential producing companies of platinum, palladium and rhodium in North America. The demand for these metals is intensifying and they continue to trade at amazing highs.

Prices as of Friday May 23rd

* Platinum $2171.00 an ounce
* Palladium $458.00 an ounce
* Rhodium $9630.00 an ounce

A substantial discovery of any type of proven economic resource of PGM (platinum group metals) would without a doubt be a company maker.

These metals are and will continue to trade at record highs as their fundamental demands are increasing and supply is becoming more limited. These metals are increasing in value for a few obvious reasons. Unlike gold or silver which are in many cases used as a hedge, or simply put back into the ground (vaults) the PGM metals are practical and have direct uses needed everyday in our growing economies. To refresh your memory and to be prepared for the continued demand of these metals read our past weekly volume titled, "What We Believe."

Keep in mind roughly 85% of the platinum, palladium and rhodium is derived from South Africa and there are only 2 producing platinum / palladium mines in the United States, both located in Montana - Premium Exploration's Chrome Mountain Property actually runs through one of them. The results from Premium's Chrome Mountain Property are very telling of the potential this project has.

• Hole CM2007-4 from the 2007 drill program demonstrated the Platreef-style mineralization: 1.0 g/t PGM + Au over 116.7 meters.

What is Premium Exploration doing to ensure themselves the best possible chance to capitalize on their Chrome Mountain PGM Property?

On May 22nd Premium Exploration (PEM:TSX-V) announced that they have received United States Forest Service approval for their 10,000 foot drill program at their Chrome Mountain Property. Below are a few highlights of the work to be done in coming months as drilling is expected to commence very soon.

• Approval for 40 drill sites on the Chrome Mountain property;
• Drill testing of the high-grade chromitite area of the PGM anomaly which was not permitted at the time of the 2007 drill program;
• Drilling is targeting a combination of two styles of South African PGM mineralization combined in the same envelope of disseminated chromitite;

Read the entire news release to understand the planned development of our only PGM Featured Company.

• Premium's May 22nd News Release

MAP:
NOTICE HOW CLOSE THE EAST BOULDER MINE PORTAL IS TO PREMIUM'S CHROME MOUNTAIN PROPERTY

It was reported that