Pursuant to the amended agreement, the Company has the right to acquire a 100% interest in the Property in consideration for the payment of
Highlights
The property includes known high-grade gold surface occurrences distributed over about 400 metres of strike length
Property straddling a newly defined regional structure with proven fertility for gold
Close to infrastructures and all year long accessibility
The Monexco gold trend has several historical gold grades from chip and channel samples in the 10 g/t to up to 126.8 g/t range from various stripped areas distributed over 400 metres of strike length. The whole land package is centered on the
The
Monexco Gold Trend and Showings
The Monexco cluster of high-grade gold showings covers an area making approximately 400 metres along strike and 400 metres across the main structure. The quartz-tourmaline veins and quartz-carbonate-pyrite veins sets follow
No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the '
Contact:
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Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking information based on current expectations, including the use of funds raised under the Offering. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, Superior assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.
Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to several factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com.
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