Plutonic Gold Mine

K92 Mining Announces Executive Promotions of David Medilek to President & Chief Operating Officer and Chris Kinver to Vice President Projects & Engineering

Retrieved on: 
Tuesday, January 9, 2024

VANCOUVER, British Columbia, Jan. 09, 2024 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQB: KNTNF) is pleased to announce the promotions of David Medilek to the position of President & Chief Operating Officer and Chris Kinver to the position of Vice President Projects & Engineering.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 09, 2024 (GLOBE NEWSWIRE) -- K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQB: KNTNF) is pleased to announce the promotions of David Medilek to the position of President & Chief Operating Officer and Chris Kinver to the position of Vice President Projects & Engineering.
  • Mr. Medilek is a mining professional with over 16 years of mining capital markets, corporate strategy and technical operating experience.
  • Mr. Medilek joined K92 in 2019, most recently holding the position of President, and prior to that was its Vice President Business Development and Investor Relations.
  • John Lewins, K92 Chief Executive Officer and Director, stated, “Over the past several years, David and Chris have made considerable contributions to the success of the Company.

Plutonic and Trident Mineral Resource & Ore Reserve Update

Retrieved on: 
Wednesday, December 6, 2023

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.

Plutonic Gold Belt, Western Australia - Catalyst resolves legacy Superior Gold dispute with Wolf Contracting

Retrieved on: 
Friday, September 29, 2023

Catalyst and Wolf Contracting have, together, resolved a legacy dispute

Key Points: 
  • Catalyst and Wolf Contracting have, together, resolved a legacy dispute
    PERTH, Australia, Sept. 29, 2023 /PRNewswire/ - Catalyst Metals Limited (Catalyst) (ASX: CYL) is pleased to announce that it has resolved a legacy dispute between Wolf Contracting and the previous owners of Plutonic Gold Mine, Superior Gold.
  • Catalyst's MD & CEO, James Champion de Crespigny, said: "We are very pleased to come to an agreement with Wolf.
  • We look forward to working with Wolf in the future as we develop the vast array of pipeline projects across the Plutonic Gold Belt."
  • Wolf Contracting Director's said: "Wolf Contracting would like to thank Catalyst and Mr Champion de Crespigny for recognising the high standard of work Wolf has provided to Plutonic Gold Project.

SUPERIOR GOLD ANNOUNCES FULL-YEAR 2022 FINANCIAL RESULTS

Retrieved on: 
Wednesday, April 26, 2023

TORONTO, April 26, 2023 /PRNewswire/ - Superior Gold Inc. ("Superior Gold" or the "Company") (TSXV: SGI) (OTCMKTS: SUPGF) announces financial results for the fourth quarter and full-year 2022 for the Company's 100%-owned Plutonic Gold operations, located in Western Australia.

Key Points: 
  • TORONTO, April 26, 2023 /PRNewswire/ - Superior Gold Inc. ("Superior Gold" or the "Company") (TSXV: SGI) (OTCMKTS: SUPGF) announces financial results for the fourth quarter and full-year 2022 for the Company's 100%-owned Plutonic Gold operations, located in Western Australia.
  • The mineral resource and reserve statement was updated for 2021 and announced in 2022 (see press release dated May 25, 2022).
  • Measured and Indicated Mineral Resources, inclusive of Mineral Reserves, increased by 2% to 1.92 million ounces of contained gold while Inferred resources increased 29% to 3.97 million ounces of contained gold.
  • Summary of Financial and Operational Results:

SUPERIOR GOLD AND CATALYST METALS ANNOUNCE COURT RULING APPEAL

Retrieved on: 
Wednesday, April 19, 2023

TORONTO, April 19, 2023 /PRNewswire/ - Superior Gold Inc. ("Superior Gold" or the "Company") (TSXV: SGI) (OTCMKTS: SUPGF) announces that the Company has received a favourable judgment in its appeal regarding the litigation between its wholly-owned subsidiary, Billabong Gold Pty Ltd ("Billabong") and Catalyst Metals Ltd's ("Catalyst") subsidiary Dampier (Plutonic) Pty Ltd ( "Dampier").

Key Points: 
  • TORONTO, April 19, 2023 /PRNewswire/ - Superior Gold Inc. ("Superior Gold" or the "Company") (TSXV: SGI) (OTCMKTS: SUPGF) announces that the Company has received a favourable judgment in its appeal regarding the litigation between its wholly-owned subsidiary, Billabong Gold Pty Ltd ("Billabong") and Catalyst Metals Ltd's ("Catalyst") subsidiary Dampier (Plutonic) Pty Ltd ( "Dampier").
  • Chris Jordaan, President and CEO of the Superior Gold said: "While Superior Gold welcomes the outcome of the appeal hearing, it only further confirms to us the strategy of the consolidation of the Plutonic Gold Belt by combining with Catalyst Metals.
  • Superior Gold have long held the view and strategy that the Plutonic Gold Belt should be consolidated.
  • While Superior Gold was not originally successful as regards the 2016 transaction, it filed an appeal and the Court of Appeal ruling on April 18, 2023 found in favour of the Company.

SUPERIOR GOLD ANNOUNCES CONTINUED OPERATIONAL IMPROVEMENTS IN JANUARY PRODUCTION AND DEVELOPMENT

Retrieved on: 
Monday, February 13, 2023

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

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.

K92 Mining Appoints Christopher Kinver as Project Director, Kora Expansion at Kainantu Gold Mine

Retrieved on: 
Monday, June 6, 2022

VANCOUVER, British Columbia, June 06, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the appointment of Christopher Kinver as Project Director, Kora Expansion.

Key Points: 
  • VANCOUVER, British Columbia, June 06, 2022 (GLOBE NEWSWIRE) -- K92 Mining Inc. (K92 or the Company) (TSX: KNT; OTCQX: KNTNF) is pleased to announce the appointment of Christopher Kinver as Project Director, Kora Expansion.
  • Mr. Kinver joined K92 in September 2019, developing a strong knowledge of the Kainantu Gold Mine and operating in Papua New Guinea, initially as Kainantus Mining Manager and most recently the Evaluations and Studies Manager.
  • John Lewins, K92 Chief Executive Officer and Director, stated, We are very pleased with the appointment of Christopher Kinver to the role of Project Director, Kora Expansion.
  • Importantly, Mr. Kinver has a tremendous familiarity with Kainantu and operating in Papua New Guinea, with almost 3 years experience with K92.

SUPERIOR GOLD EXCEEDS PRODUCTION GUIDANCE IN 2021, GROWS CASH POSITION AND TARGETS FURTHER GROWTH IN 2022

Retrieved on: 
Monday, January 17, 2022

TORONTO, Jan. 17, 2022 /PRNewswire/ -Superior Gold Inc. ("Superior Gold" or the "Company") (TSXV: SGI) (OTCQX: SUPGF) announces detailed production results for the fourth quarter and full year 2021 and provides full year 2022 guidance for the Company's 100%-owned Plutonic Gold operations, located in Western Australia.

Key Points: 
  • TORONTO, Jan. 17, 2022 /PRNewswire/ -Superior Gold Inc. ("Superior Gold" or the "Company") (TSXV: SGI) (OTCQX: SUPGF) announces detailed production results for the fourth quarter and full year 2021 and provides full year 2022 guidance for the Company's 100%-owned Plutonic Gold operations, located in Western Australia.
  • Chris Jordaan, President and CEO of Superior Gold stated: "We are very pleased to have exceeded our 2021 production guidance which is attributable to the actions taken on the operational front and which has led to a sixth consecutive quarter of improving gold production and cash position at our Plutonic Gold Operations.
  • In 2022 the Company will progress towards delivering the second goal of its growth strategy to deliver an operation of scale.
  • The Company will be releasing its complete financial and operating results for the fourth quarter and full year 2021 in March 2022.

Superior Gold Provides Notice of First Quarter 2021 Financial and Operating Results and Conference Call

Retrieved on: 
Tuesday, April 27, 2021

b'The conference call replay will be available from 1:00PM ET on May 11, 2021 until 23:59PM ET on May 25, 2021.\nSuperior Gold is a Canadian based gold producer that owns 100% of the Plutonic Gold Operations located in Western Australia.

Key Points: 
  • b'The conference call replay will be available from 1:00PM ET on May 11, 2021 until 23:59PM ET on May 25, 2021.\nSuperior 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 including the Plutonic Main Pit push-back project, the Hermes 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.\n'