Superior Gold Inc. Announces Underground Drilling Success Continues

INTERSECTIONS INCLUDE 11.7 G AU/T OVER 11.45 METRES, 42.2 G AU/T OVER 1.60 METRES, AND 18.2 G AU/T OVER 3.90 METRES

TORONTO, Sept. 25, 2017 /CNW/ - Superior Gold Inc. ("Superior Gold" or the "Company") (TSX.V:SGI) is pleased to announce results from the ongoing underground diamond drill program at its 100%-owned Plutonic Gold Mine in Western Australia. The drilling was conducted from mid June to mid July 2017.

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Figure 1 (CNW Group/Superior Gold)

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Table 2 (CNW Group/Superior Gold)

Results are provided for 104 diamond drill holes for a total of more than 6,500 metres. The drill holes were completed for resource definition and grade control purposes. Resource definition was designed to increase the confidence level of the resource in areas where drilling was limited. Grade control drilling was completed to provide additional information for stope design ahead of mining.

The drilling focussed on 6 zones – Area 134; Baltic; Caribbean; Caspian; Indian; and Pacific. A number of significant intersections were encountered.

KEY FINDINGS

• 100 intersections encountered in excess of 5g Au/t

• 41 intersections encountered more than 10g Au/t

• 11 intersections encountered more than 20g Au/t

The location of the most significant intersections are shown in Figure 1 and the details of all holes are summarized by zone in Table 2.

Chris Bradbrook, President and CEO of Superior Gold stated: "As with our previously released results (May 11, August 2 and August 31, 2017), these results continue to demonstrate the strength of the mineralized system at the Plutonic Gold Mine. We remain extremely encouraged by these drill results and continue to work towards increasing the confidence level in the resources. One of our principal goals is to grow the level of underground reserves and to extend the mine life."

HIGHLIGHTS

The most significant intersections are summarized in Table 1 below:

TABLE 1 – KEY INTERSECTIONS

Target	Drill Hole #	Easting (Mine Grid)	Northing (Mine Grid)	Drill hole collar RL (Mine Grid)	Dip (degrees)	Azimuth (degrees, Mine Grid)	End of hole depth  (m)	Downhole From (m)	Downhole To (m)	Downhole Intersection (m)	Au (gpt) uncut	Est True Thickness (m)
AREA 134	UDD19459	4600	12611	1086	80	241	47	19.40	21.20	1.80	11.4	1.3
	UDD19462	4595	12627	1089	77	283	51	1.00	2.60	1.60	42.2	1.1
	UDD19463	4599	12625	1088	58	84	59	1.10	2.10	1.00	13.6	0.7
						`		56.90	58.10	1.20	11.1	0.8
CARIBBEAN	UDD19278	4800	11854	1178	-3	298	85	66.20	67.50	1.30	33.2	0.9
CASPIAN	UDD19217	4313	11055	1271	-21	350	31	18.30	20.95	2.65	17.4	1.9
	UDD19430	4796	11049	1270	-58	147	81	28.70	40.15	11.45	11.7	7.4
						including		28.70	30.05	1.35	31.0	0.9
						and		32.50	33.20	0.70	12.5	0.5
						and		34.50	36.75	2.25	18.2	1.6
						and		39.70	40.15	0.45	74.6	0.3
	UDD19432	4795	11048	1272	31	147	162	149.50	161.50	12.00	4.9	7.8
						including		150.55	154.00	3.45	7.8	2.4
INDIAN	UDD19313	3905	11551	1007	44	251	97	7.20	7.80	0.60	33.6	0.4
	UDD19321	3907	11549	1008	53	205	82	34.40	35.50	1.10	24.7	0.8
	UDD19510	4019	11143	1207	31	39	14	1.90	7.80	5.90	3.9	3.8
	UDD19559	4451	11239	1251	-13	57	80	34.70	37.20	2.50	10.8	1.8
	UDD19562	4256	11265	1241	-27	105	95	71.60	73.25	1.65	29.0	1.2
	UDD19569	4256	11267	1241	-24	83	116	44.50	45.80	1.30	10.9	0.9
PACIFIC	UDD17710	4895	13002	1192	29	212	114	33.59	38.01	4.42	8.2	2.9
						including		34.54	35.65	1.11	17.8	0.8
	UDD18031	5076	13106	1183	38	168	21	4.00	7.90	3.90	18.2	2.7
	UDD18051	5081	13107	1182	23	164	62	6.75	7.45	0.70	16.2	0.5
						and		8.70	9.85	1.15	33.4	0.8
	UDD18053	5092	13109	1182	20	164	55	41.70	42.70	1.00	15.2	0.7
	UDD18055	5100	13111	1182	26	164	74	4.40	5.20	0.80	18.8	0.6
	UDD19441	5009	12963	1181	45	160	59	0.00	0.70	0.70	15.7	0.5
	UDD19446	5010	12963	1182	60	200	55	1.00	3.50	2.50	7.8	1.8
	UDD19447	5010	12962	1181	40	200	68	8.60	9.60	1.00	18.8	0.7
	UDD19455	5009	12963	1181	45	220	68	0.00	1.10	1.10	23.3	0.8

Qualified Person

Scientific and technical information in this press release has been reviewed and approved by Simon Lawson who is a member of the AusIMM and a "qualified person" within the meaning of NI 43-101.

Quality Control Protocols

Core is drilled BTW core diameter (42 mm).  Core intervals are whole core sampled.  All gold results were determined by ALS Minerals (Perth) using fire assay fusion (40g charge, lead collection method) with an ICP finish.  Drill program design, Quality Assurance/Quality Control and interpretation of results are performed by qualified persons employing a Quality Assurance/Quality Control program consistent with NI 43-101 and industy best practices.  Standards, blanks and duplicates are included in approximately every 20 samples for Quality Assurance/Quality Control purposes by the Company as well as the laboratory.  Approximately 5% of sample pulps are sent to secondary laboratories for check assays.

About Superior Gold

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 Gold Mine, which is a producing underground operation with a central mill, the Hermes open pit development project 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.

Forward Looking Information

This press release contains "forward-looking information" within the meaning of applicable securities laws that is intended to be covered by the safe harbours created by those laws. "Forward-looking information" includes statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made. Furthermore, such forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking information. See "Risk Factors" in the Company's prospectus dated February 15, 2017 filed on SEDAR at www.sedar.com for a discussion of these risks.

The Company cautions that there can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, investors should not place undue reliance on forward-looking information. Except as required by law, the Company does not assume any obligation to release publicly any revisions to forward-looking information contained in this press release to reflect events or circumstances after the date hereof.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Superior Gold

Superior Gold Inc., Chris Bradbrook, President, CEO & Director, [email protected], Tel: [phone]