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Superior Gold Inc.

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Summary

Project:

Plutonic

Deposit:Plutonic
Location:Australia
Commodities:Gold
Date:7/30/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:30-7-2018: Superior Gold Inc. announces an Exploration/Drilling Update report for its Plutonic deposit at the Plutonic project. Drilling results incl. 4.55m @ 89.4g/t Au from 35.90m. Toronto, July 30, 2018 – Superior Gold Inc. (“Superior Gold” or the “Com
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Pascal Blampain (Internal)
ABSTRACT:Toronto, July 30, 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 March 1, 2018 to April 30, 2018 and is part of the year-round ongoing program of underground drilling. This work was completed with two diamond drill rigs. A third was added in May which is entirely focused on expanding reserves and resources. Results are provided for 169 drill holes for a total of approximately 12,600 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 six zones – Caribbean, Caspian, Cortez, Indian, Pacific, and Timor. A number of significant intersections were encountered.

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