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Plutonic pit pushback PEA a positive but more work to be done

Canada's Superior Gold expects to have a pre-feasibility study on a US$60 million expansion of production at Plutonic in Western Australia finished in the first half of 2022. The planned openpit restart would complement underground production currently pegged at more than 60,000oz a year.

Henry Lazenby in Vancouver
Superior Gold has released a positive PEA for the Plutonic pit pushback

Superior Gold has released a positive PEA for the Plutonic pit pushback

Superior, which is trying to find a buyer for Plutonic, said a preliminary economic assessment on a major pushback of the main openpit above the underground workings indicated the bigger pit could yield...

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