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Superior Gold Inc.

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Summary

Project:

Plutonic

Deposit:Plutonic
Location:Australia
Commodities:Gold
Date:3/15/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:15-3-2018: Superior Gold Inc. announces an Exploration/Drilling Update report for its Plutonic deposit at the Plutonic project. Drilling results incl. 1.2m @ 205.8g/t Au from 11.30m. Toronto, March 15, 2018 – Superior Gold Inc. (“Superior Gold” or the “Co
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Pascal Blampain (Internal)
ABSTRACT:Toronto, March 15, 2018 – Superior Gold Inc. (“Superior Gold” or the “Company”) (TSX.V:SGI) is pleased to announce additional results from the ongoing underground diamond drill program at its 100%-owned Plutonic Gold Mine in Western Australia. The drilling was conducted from December 1, 2017 to January 31 2018 and is part of the year-round ongoing program of underground drilling. Results are provided for 149 drill holes for a total of approximately 10,000 metres. The drill holes were completed for resource definition and grade control purposes. Resource definition was designed to increase the confidence level of the resource in areas where drilling was limited as part of the ongoing work to upgrade resources to reserves. Grade control drilling was completed to provide additional information for stope design ahead of mining. The drilling focussed on seven zones – Area 134; Baltic; Caribbean; Caspian; Cortez; Indian; and Pacific. A number of significant intersections were encountered. The location of the most significant intersections are shown in Figure 1 and the details of all holes are summarized by zone in Table 2. Reported intersections are over a minimum downhole width of 0.30 metres (0.20 metres true width).

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