Superior Mining Receives Anomalous Gold Results from the First Drilling Program at Its Australia Redcastle Gold Property

Marketwired

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 13, 2013) - Superior Mining International Corporation (TSX VENTURE:SUI) (the "Company") is pleased to announce that it has received assay results from the first drilling program at its Redcastle Gold Property. The property is located approximately 250 km northeast of Kalgoorlie, in the Leonora-Laverton district of Western Australia in the highly prospective Yilgarn Craton region. Redcastle is close to major mining operations such as the Minara Nickel Operation, some 15 km to the north, and Barricks' Granny Smith gold mine located about 50 km to the east.

The drilling program was designed to drill through the transported overburden to intersect the bedrock over the most northern 2 kilometres from the property boundary. Granite was intersected under most of the area whereas basalt was intersected over the western portion.

A 3 kg sample was collected every four metres from the transported overburden and then a 3 kg sample was collected one metre into the rock interface.

Samples were then transported to Intertek Minerals Group (formerly Genalysis Laboratories, who have served the Australian mineral industry for over 30 years) in Kalgoorlie for sample preparation. Once preparation was completed, Intertek then transported the prepared samples to the Perth laboratory for analysis.

Duplicates and standards were inserted every 20th sample interval.

Anomalous gold values were intersected on the western portion. Most significant values returned in are:

Hole East North Sampno From To Au Au-Rp1
  m m   m m ppb ppb
RPR011 391,200 6,802,000 RP539 4 7 19 21
RPR012 391,600 6,802,000 RP541 4 5 26 28
RPR013 392,000 6,802,000 RP543 4 8 10  
RPR042 391,200 6,801,600 RP717 0 4 10  
RPR042     RP718 4 5 56 60
RPR042     RP719 5 6 53 45
RPR042     RP720 6 9 13  
Gold values assayed in parts per billion (ppb)

A full listing of the drill results are attached in Appendix 1.

In addition to the drilling program, 119 infill soil samples were collected around the gold anomalies highlighted in the December 2012 soil geochemistry program. Duplicates and standards were inserted every 20th sample interval.

Infill sampling confirmed the 102ppb gold anomaly over porphyry from the December soil sampling program with sample RP399 assaying 208ppb. A full listing of the soil results are in Appendix 2.

Brent Butler, Chief Executive Officer and President, commented: "The Redcastle project is now primed for drilling testing with several gold anomalies to target at depth. The Company is pleased with the advancement of this project and looks forward to the next phase of drilling."

This news release has been reviewed by Brent Butler, a Qualified Person as that term is defined in NI 43-101.

To  view accompanying Appendices, visit the following link:

http://media3.marketwire.com/docs/Appendix1and2.pdf

On behalf of the Board of Directors of Superior Mining International Corporation

Brent Butler, President & Chief Executive Officer

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

Contact:
Superior Mining International Corporation
Brent Butler
President & Chief Executive Officer
+1-604-563-3544
info@superiormining.com
www.superiormining.com

Rates

View Comments (0)