8/17/2022

speaker
Operator
Conference Operator

Good morning, ladies and gentlemen. Thank you for standing by. Welcome to Superior Gold's second quarter 2022 results conference call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during that time, simply press star, then the number one on your telephone keypad. If you would like to withdraw your question, press star two. If you have any difficulties hearing the conference, you may press star zero at any time for operator assistance. As a reminder, this conference call is being broadcast live on the internet and recorded. I would now like to turn the call over to Mr. Chris Jordan, President and Chief Executive Officer. Please go ahead, sir.

speaker
Chris Jordan
President and Chief Executive Officer

Thank you and good morning to everyone. Thank you for joining us to discuss Superior Gold second quarter for 2022 results. As a reminder, As a reminder, please refer to slide two of our presentation, which is posted on our website, to view our cautionary language regarding forward-looking statements. In addition, please note that all amounts discussed are in US dollars, unless otherwise noted. Now today, I'm joined by Paul Olmsted, our CFO, Russell Cole, our VP for Operations, as well as General Manager for Protonic, Andrew Beek, our VP for Business Development and Long-Term Planning, and Mike McAllister, our VP Investor Relations. They will all participate in presenting specific parts of the presentation today. A few highlights of the second quarter of 2022 include the following. Firstly, as per our previous updates, we are developing our life and business plan following our December 2021 resource and resource statement release in May and subsequent lodgement of the NI43-101 on the 6th of July. As a reminder, the highlights are also further. Proven and probable mineral reserves increased by 66 percent. ounces going to 630,000 ounces. Sorry, I just had a technical problem here. And it contained gold of 3.5 grams per ton, demonstrating significant increase in the life of mine.

speaker
Unknown Speaker

Measured and indicated mineral resources, because of the mineral reserves, is up 2% to $1.92 million.

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