TORONTO, Jan. 19, 2021 /PRNewswire/ – Superior Gold Inc. (“Superior Gold” or the “Firm”) (TSXV: SGI) is happy to announce the appointment of Mr. Damien Marantelli to its Board of Administrators (the “Board”).
“We’re more than happy to welcome Damien to our Board of Administrators. His intensive trade expertise, operational experience and being situated in Western Australian shall be a terrific asset to Superior Gold and can complement the ability set and expertise of our present Board members.” commented Superior Gold’s Chairman, Mark Wellings.
Mr. Marantelli is an skilled mining engineer with intensive operational and management expertise throughout quite a lot of commodities and brings 40 years of worldwide mining trade expertise to the Firm. Mr. Marantelli’s most up-to-date roles have been Chief Govt Officer and Director of Metals X, Chief Working Officer of Primero Mining and senior administration positions with First Quantum Minerals, Inmet Mining and WMC Assets. Beforehand, Mr. Marantelli held the function of Common Supervisor of the Sentinel copper mine in improvement by First Quantum Minerals, the place he was accountable for main roughly 3,500 workers via the ultimate phases of commissioning and ramp-up of open pit and processing operations. He was additionally the Managing Director of First Quantum Minerals’ (beforehand Inmet Mining’s) Las Cruces copper mine and the Managing Director of the Çayeli underground copper and zinc mine. Previous to this, Mr. Marantelli was the Common Supervisor of BHP Billiton’s (beforehand WMC Assets) Mount Keith operations and oversaw the enlargement of annual capability from 18 million to 40 million financial institution cubic metres per yr over a two yr interval.
The Firm will grant Mr. Marantell, topic to the phrases and situations of the Firm’s Inventory Possibility Plan and the receipt of regulatory approval, choices to buy 200,000 widespread shares of the Firm with a 5 yr time period.
About Superior Gold
Superior Gold is a Canadian based mostly gold producer that owns 100% of the Plutonic Gold Operations situated in Western Australia. The Plutonic Gold Operations embrace the Plutonic underground gold mine and central mill, quite a few open pit tasks together with the Plutonic Essential Pit push-back undertaking, the Hermes open pit tasks and an curiosity within the Bryah Basin three way partnership. Superior Gold is targeted on increasing manufacturing on the Plutonic Gold Operations and constructing an intermediate gold producer with superior returns for shareholders.
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SOURCE Superior Gold