Premium Exploration, Inc. announced the appointment of Cesar Lopez to its Board of Directors. His experience in the executive management of mineral exploration companies includes current President & CEO of Seafield Resources Ltd., current Chairman of Aegean Metals Group, former CEO and founding partner of AQM Copper, Inc., founder and former Director of Centenario Copper Corporation and of White Mountain Titanium Corporation. The company also announced the resignation of Del Steiner from his position as Chairman of the Board and from the Board of Directors.

The Board has appointed Mr. John Ryan as Chairman of the Board in his place.