Intrusive rock

Plutonic and Trident Mineral Resource & Ore Reserve Update

Retrieved on: 
Wednesday, December 6, 2023
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The combination of the two is responsible for the improved operating performance of the mine

Key Points: 
  • The combination of the two is responsible for the improved operating performance of the mine
    PERTH, Australia, Dec. 6, 2023 /PRNewswire/ - Australian gold producer, Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) is pleased to provide an updated Mineral Resource & Ore Reserve statement for its Plutonic Gold Mine, and an updated Mineral Resource for the Trident deposit.
  • The Mineral Resource & Ore Reserve sit within the existing mining footprint and do not include virgin zones.
  • The previously reported NI 43-101 Ore Reserves and Mineral Resources for the Plutonic Operations included satellite deposits such as Plutonic East, Plutonic West, Hermes and Perch.
  • The previously reported Plutonic Main open pit Mineral Resources have now been incorporated into the Plutonic underground Mineral Resource inventory.

Catalyst assembles highly experienced management team

Retrieved on: 
Wednesday, September 20, 2023
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Through this focus, gold production is expected to increase and costs to fall

Key Points: 
  • Through this focus, gold production is expected to increase and costs to fall
    PERTH, Australia, Sept. 20, 2023 /PRNewswire/ - Catalyst Metals Limited (Catalyst) (ASX: CYL) is pleased to announce the appointment of a new management team at the Plutonic Gold Operations (Plutonic).
  • This new team has assumed the key management roles at Plutonic.
  • All operations have challenges and a team of this calibre know how to manage and handle such challenges.
  • Catalyst also controls +75km of strike length immediately north of the +22Moz Bendigo goldfield and home to high-grade, greenfield resources at Four Eagles.

SUPERIOR GOLD FILES MANAGEMENT INFORMATION CIRCULAR IN SUPPORT OF ARRANGEMENT WITH CATALYST METALS

Retrieved on: 
Monday, June 5, 2023
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TORONTO, June 5, 2023 /PRNewswire/ - Superior Gold Inc. ("Superior" or the "Company") (TSXV: SGI) (OTCQX: SUPGF) today announced that it has filed a management information circular (the "Circular") for the special meeting of shareholders (the "Meeting") in connection with the proposed arrangement (the "Arrangement") with Catalyst Metals Limited ("Catalyst") (ASX:CYL).

Key Points: 
  • TORONTO, June 5, 2023 /PRNewswire/ - Superior Gold Inc. ("Superior" or the "Company") (TSXV: SGI) (OTCQX: SUPGF) today announced that it has filed a management information circular (the "Circular") for the special meeting of shareholders (the "Meeting") in connection with the proposed arrangement (the "Arrangement") with Catalyst Metals Limited ("Catalyst") (ASX:CYL).
  • The Superior board of directors (the "Board") encourages Superior shareholders ("Shareholders") to carefully read the information sent to them and to vote their Superior common shares (the "Common Shares") FOR the Arrangement.
  • The Circular includes a letter to Shareholders summarizing the reasons why Shareholders should vote FOR the Arrangement.
  • Catalyst controls three significant gold belts in Australia, including the Marymia Gold Project in Western Australia, located adjacent to Superior's Plutonic Gold Operations.

SUPERIOR GOLD WELCOMES THE ENDORSEMENT FROM THREE HIGHLY EXPERIENCED INSTITUTIONAL MINING INVESTORS FOR THE ARRANGEMENT WITH CATALYST, REAFFIRMING THE LOGIC OF SUPERIOR GOLD'S DIRECTORS UNANIMOUSLY SUPPORTING THE ARRANGEMENT

Retrieved on: 
Wednesday, May 31, 2023
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The endorsement for the Arrangement comes from three of Superior's largest shareholders: Franklin Templeton, Aegis Financial Corporation and Donald Smith Value Fund L.P.

Key Points: 
  • The endorsement for the Arrangement comes from three of Superior's largest shareholders: Franklin Templeton, Aegis Financial Corporation and Donald Smith Value Fund L.P.
  • These three, and one other institution, collectively own approximately 22% of Superior's issued and outstanding common shares as of the date hereof.
  • The directors and officers of Superior unanimously support the Arrangement and strongly recommend that Superior's shareholders ("Shareholders") vote in favour of the Arrangement at the special meeting to be held on June 26, 2023 (the "Meeting").
  • "The support from three of Superior's largest Shareholders, who are very sophisticated mining investors, validates the industrial logic of the Plutonic gold belt consolidation.

SUPERIOR GOLD ANNOUNCES SHAREHOLDER MEETING FOR JUNE 26, 2023 AND REITERATES BOARD RECOMMENDATION THAT SHAREHOLDERS VOTE IN FAVOUR OF PROPOSED ACQUISITION BY CATALYST METALS

Retrieved on: 
Tuesday, May 16, 2023
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Superior intends to file a management information circular in connection with the Meeting (the "Circular") in advance of the Meeting to outline the benefits of the Transaction.

Key Points: 
  • Superior intends to file a management information circular in connection with the Meeting (the "Circular") in advance of the Meeting to outline the benefits of the Transaction.
  • The Circular will be mailed to Superior's shareholders and will be filed on Superior's website at www.superior-gold.com and under Superior's profile on SEDAR at www.sedar.com .
  • Superior originally announced the Transaction on February 23, 2023 and provided an update on March 30, 2023.
  • Catalyst controls three highly prospective gold belts in Australia, including the Marymia Gold Project in Western Australia, located adjacent to Superior's Plutonic Gold Operations.

SUPERIOR GOLD ANNOUNCES CONTINUED OPERATIONAL IMPROVEMENTS IN JANUARY PRODUCTION AND DEVELOPMENT

Retrieved on: 
Monday, February 13, 2023
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Production increased to 5,942 ounces of gold, 17% above December 2022 and a 47% increase in underground gold production relative to the Q4 2022 average.

Key Points: 
  • Production increased to 5,942 ounces of gold, 17% above December 2022 and a 47% increase in underground gold production relative to the Q4 2022 average.
  • Management's re-focus on the leading underground performance indicators of development and production drilling rates positively impacts inventories, production ore mined, grade and ultimately gold production.
  • 47% increase in gold production (underground only) to 5,942 ounces in January relative to the Q4 2022 average and 56% relative to Q3 2022.
  • We will continue to target sustained increased rates of development and production drilling and would expect a commensurate increase in available future developed inventory.

SUPERIOR GOLD REPORTS FOURTH QUARTER AND FULL-YEAR 2022 PRODUCTION AND PROVIDES 2023 GUIDANCE

Retrieved on: 
Wednesday, January 25, 2023
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TORONTO, Jan. 25, 2023 /PRNewswire/ - Superior Gold Inc. ("Superior Gold" or the "Company") (TSXV: SGI) (OTCQX: SUPGF) announces detailed production results for the fourth quarter and full year 2022 and provides 2023 guidance for the Company's 100%-owned Plutonic Gold operations, located in Western Australia.

Key Points: 
  • TORONTO, Jan. 25, 2023 /PRNewswire/ - Superior Gold Inc. ("Superior Gold" or the "Company") (TSXV: SGI) (OTCQX: SUPGF) announces detailed production results for the fourth quarter and full year 2022 and provides 2023 guidance for the Company's 100%-owned Plutonic Gold operations, located in Western Australia.
  • During this period underground development averaged only 514 metres per month, which is inadequate to achieve planned production targets.
  • In addition, operational underperformance of the open-pit led to production levels well below expectations.
  • The Company will be releasing its complete financial and operating results for the fourth quarter and full year of 2022 in March 2023.

SUPERIOR GOLD REPORTS THIRD QUARTER RESULTS

Retrieved on: 
Monday, November 28, 2022
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Superior Gold is a Canadian-based gold producer that owns 100% of the Plutonic Gold Operations located in Western Australia.

Key Points: 
  • Superior Gold is a Canadian-based gold producer that owns 100% of the Plutonic Gold Operations located in Western Australia.
  • The Plutonic Gold Operations include the Plutonic underground gold mine and central mill, numerous open-pit projects, and an interest in the Bryah Basin joint venture.
  • Superior Gold is focused on expanding production at the Plutonic Gold Operations and building an intermediate gold producer with superior returns for shareholders.
  • Realized gold price is calculated as metal sales per the Financial Statements, less silver sales.

SUPERIOR GOLD PROVIDES NOTICE OF THIRD QUARTER 2022 FINANCIAL AND OPERATING RESULTS AND CONFERENCE CALL

Retrieved on: 
Tuesday, November 22, 2022
Gold, Mining, Intrusive rock

The conference call replay will be available for 365 days.

Key Points: 
  • The conference call replay will be available for 365 days.
  • Superior Gold is a Canadian-based gold producer that owns 100% of the Plutonic Gold Operations located in Western Australia.
  • The Plutonic Gold Operations include the Plutonic underground gold mine and central mill, numerous open-pit projects, and an interest in the Bryah Basin joint venture.
  • Superior Gold is focused on expanding production at the Plutonic Gold Operations and building an intermediate gold producer with superior returns for shareholders.

SUPERIOR GOLD REPORTS Q3 2022 PRODUCTION AND CASH POSITION AND ANNOUNCES DEBT FINANCING

Retrieved on: 
Wednesday, October 12, 2022
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The Company will be releasing its complete financial and operating results for the third quarter of 2022 in November 2022.

Key Points: 
  • The Company will be releasing its complete financial and operating results for the third quarter of 2022 in November 2022.
  • This would provide for a longer-term sustainable mining production profile at what would be anticipated to be a more cost-effective mining rate.
  • Superior Gold is a Canadian based gold producer that owns 100% of the Plutonic Gold Operations located in Western Australia.
  • Superior Gold is focused on expanding production at the Plutonic Gold Operations and building an intermediate gold producer with superior returns for shareholders.