Superior Gold Releases Further Drill Results For Plutonic Gold Mine
Superior Gold (TSXV: SGI) this morning announced further results from its underground drill program at its Plutonic Gold mine in Western Australia. A total of 2,350 metres of drilling was conducted via 17 drill holes, with highlights including 40.4 grams per tonne gold over 6.50 metres including 232.0 grams per tonne gold over 0.90 metres.
Drilling under the exploration program was conducted on an area that had not previously been tested between what the company refers to as the Baltic and Baltic Deeps mineralized zones. The drilling was conducted over a strike length of 150 metres, extended vertically 120 metres.
Key from this drilling however, is that the results illustrate the potential of connecting the Baltic Zone with that of the Baltics Deeps mineralization, both of which are key areas in the underground mine.
Full data from the seventreen drill holes can be found via Superior Gold’s morning press release, found here.
Superior Gold last traded at $0.85 on the TSX Venture.
Information for this briefing was found via Sedar and Superior Gold. The author has no affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
