Announcement Date: 2021-11-29
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Superior Gold Inc.
Project name: Plutonic
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 2.7m @ 53.6g/t Au from 31.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario, November 29, 2021 – Superior Gold Inc. (“Superior Gold” or the “Company”) (TSXV:SGI; OTCQX:SUPGF)is pleased to announce additional high-grade drill results from its ongoing underground diamond drill program at its 100%-owned Plutonic Gold mine in Western Australia. Plutonic is a world-class Archean lode-style gold mineralized system that has produced close to six million ounces of gold over 32 years of continuous operation and encompasses a Measured and Indicated Mineral Resource of 1.89 million ounces together with an Inferred Mineral Resource of 3.07 million ounces. The Company’s continuous exploration effort underpins a commitment to resource growth. Results are provided for 20 underground exploration drill holes, drilled from August to October 2021, for a total of 2,939 metres of drilling. This drilling was focused on extending and infilling the Western Mining Front, which includes the Baltic West and Baltic West Extension Zones. The Western Mining Front is yet to be fully drill tested and remains open along strike and both up and down dip.
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