Agree. My understanding is prospective area may be under the tailings facility, which is between the Main Pit & the East Main Pit (if memory serves). And for that matter, the obvious money-maker is the Main Pit Pushback. It's been the low-hanging fruit for five years now; it's well-understood and there's a PEA out on it.
Main Pit Pushback PEA summary: 60k oz/yr production at $ US 863 AISC, for $ US 59 million capex. The after-tax 5% discounted NPV:
At $1900/oz US gold: $ A 236 million, 64% IRR
At $2000/oz US gold; $ A 265 million, 72% IRR
Note costs are up since the PEA was published, but obviously so is gold. Also, some of the overburden was removed in Summer 2021, lowering the capex.
ceo.ca/@newswire/superior-gold-announces-positive-preliminary-economic
All that said, present ownership shows IMO virtually no ability to generate the funds for the work, nor the management ability to execute it. IMO, they'll do with Plutonic what they've done with Henty. Next event is Gina taking majority ownership of the Victoria claims.
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