Insight into Superior Golds Q1 Results and Updated Reserve & Resource Results
Join us for a great event!
Mon, May 30, 2022 at 12:00 PMendedReplay
Investor webinar replay
Meeting Overview The meeting focused on an update regarding Superior Gold's operations, growth strategy, and financial performance. President Chris Jordan and CFO Paul Olmsted presented the company's current status, future goals, and recent achievements, followed by a Q&A session. Key Discussion Points - Overview of Superior Gold's operations and strategic location in Western Australia. - Detailed discussion of the company's growth strategy, which consists of four phases aimed at increasing production and improving cash flow. - Review of production goals for 2022, targeting between 80,000 and 90,000 ounces of gold. - Update on exploration efforts and recent drill results indicating potential new discoveries. - Financial performance highlights for Q1 FY22, including revenue generation and cash position. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Continue to monitor production goals and operational improvements. - [Unassigned] : Provide...
Mr. Olmsted has been an executive in the gold mining industry for the past 20 years and has been active in the mining industry for over 30 years. Most recently he served as Senior Vice President of Corporate Development at IAMGOLD Corp. From 2003 to 2014 Paul was responsible for IAMGOLDs acquisition and divestiture program to achieve its strategic growth objectives. He was instrumental in the technical evaluation, financial analysis and structuring for the significant corporate transactions undertaken during his tenure. In 1996, Mr. Olmsted joined Repadre Capital Corp., a royalty resource company, and was responsible for corporate development activities until IAMGOLDs acquisition of the company in 2003. From 1991 to 1996, Mr. Olmsted was part of Bank of Nova Scotia’s corporate lending group specializing in mining finance. Mr. Olmsted holds a B.Sc. in Mining Engineering and an MBA.
Replay transcript excerpt
Speaker 1: Hello everyone and welcome to Superior Gold's live investment summit today hosted by 6. Today I'm joined by President and Chief Executive Officer Chris Jordan and CFO Paul Olmsted. Chris and Paul are gonna walk us through our company presentation, Speaker 1: and after we'll move on to the live Q&A session where we'll be accepting questions and answering them. You can submit your questions using the Q&A panel found on the right hand side of your screen at any time during today's presentation. Speaker 1: And as always, the summit is being recorded. It'll be available to watch afterwards on six.com in the coming days. Without further ado, Chris, Paul, show's yours. Speaker 2: Thank you very much, Cam. Good day, everyone, and thank you for joining me to yet another update on Superior Gold. Speaker 2: And thank you for hosting us today Speaker 2: Cam. As a reminder please refer to slide 2 of our presentation which is posted on our website to view our cautionary language regarding forward-looking statements. Speaker 2: Also note that the dollar amounts in this presentation Speaker 2: are in US dollars unless otherwise Speaker 2: indicated. Speaker 2: So jumping to the next slide just for everybody, just so we can Speaker 2: quickly review exactly where we're situated. So Superior Gold is a tier 6 V-listed Speaker 2: producer that owns 100% Speaker 2: of the Plutonic Gold operations located in the middle of WA. Speaker 2: The Plutonic operations include the Underground Gold Mine, the Hermes Open Pit projects, Speaker 2: and an 80% interest in the Bry Basin joint venture, Speaker 2: and now, of course, also the Plutonic Main Pit Pushback Project. Speaker 2: We hold a large prospective land package along the Plutonic Miramai Gold Belt, Speaker 2: and with several o...
