Superior Gold Reports Strong First Quarter Results
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(In US Dollars unless otherwise stated)
TORONTO, May 11, 2021 /PRNewswire/ -
Superior Gold Inc. ( Superior Gold or the Company ) (TSXV: SGI) announces financial results for the first quarter of 2021 for the Company s 100%-owned Plutonic Gold Operations, located in Western Australia.
First Quarter Highlights
Increased production by 11% over the fourth quarter of 2020 to 17,603 ounces, with sales of 17,538 ounces
Improved stope grade by a further 13% to 3.5 g/t gold representing an improvement for a third consecutive quarter
Increased milling recoveries to 86%, in part due to the finalization of re-commissioning of the gravity circuit in the fourth quarter of 2020
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