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Superior Gold Inc.
Summary
| Project: | Plutonic | |
|---|---|---|
| Deposit: | Plutonic | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 29-11-2017: Superior Gold Inc. announces an Exploration/Drilling Update report for its Plutonic deposit at the Plutonic project. Drilling results incl. 10.15m @ 25.2g/t Au from 5.55m. Toronto, November 29, 2017 – Superior Gold Inc. (“Superior Gold” or the | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Alfred Gillman (Independent) | |
| ABSTRACT: | Toronto, November 29, 2017 – 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 late July to late September 2017 and is part of the year-round ongoing program of underground drilling. Results are provided for 191 drill holes for a total of more than 13,500 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. Grade control drilling was completed to provide additional information for stope design ahead of mining. The drilling focussed on seven zones – Area 134; Caribbean; Caspian; Cortez; Indian; Pacific; and Timor. A number of significant intersections were encountered. Chris Bradbrook, President and CEO of Superior Gold stated: “As with our previously released results this year (May 11, August 2, August 31 and September 25), these results continue to demonstrate the strength of the mineralized system at the Plutonic Gold Mine. We are extremely encouraged by these drill results and continue to work towards increasing the confidence level in the resources. One of our principal goals is to grow the level of underground reserves and to extend the mine life.” | |
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