Superior Gold delivers robust PEA for the Plutonic project
(Kitco News) - Superior Gold (TSXV: SGI) today announced positive results from the independent Preliminary Economic Assessment ("PEA") as well as an updated Mineral Resource estimate at its 100%-owned Plutonic gold operations, located in Western Australia. PEA demonstrates the potential of the Plutonic Main Pit to be a robust open pit gold mine with compelling project economics.
Interim CEO Tamara Brown stated: "The Plutonic Main Pit push-back project starts to unlock the significant value sitting within the Plutonic Gold Operations. The Plutonic Gold Operations include the Plutonic underground gold mine and central mill, numerous open pit projects including the Plutonic Main Pit push-back project, the Hermes open pit projects and an interest in the Bryah Basin joint venture.