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Superior Mining Announces A Renewed Focus On South Africa, Mangalisa Project And Refines New Zealand Property Portfolio


July 27, 2011

Vancouver, British Columbia:  Superior Mining International Corporation, (the “Company” or “Superior”) announced today that Brent Butler, the newly appointed President and CEO, has conducted a review of all of Superiors’ properties to ascertain their exploration merit.

Based on this review, the Company has decided to concentrate its resources on advancing its 87% owned Mangalisa gold reef property in the Free State of South Africa, where two phases of drilling have intersected a conglomerate reef with anomalous gold and uranium grades (see June 30, 2011 news release).

In New Zealand, the Company will focus on its existing 100% owned Collingwood gold, hard rock and alluvial, project and Victory North and Ross South gold alluvial projects. The Company will no longer pursue its two option agreements for the Victory Property and the Otama Property.

Brent Butler, President and CEO of the company, commented that “these decisions now allow Superior to focus on its flagship Mangalisa property that is adjacent to Harmony Gold’s Masimong 5 Mine. This is a new discovery and the Board of Superior is excited about the future of this project. The targeted New Zealand portfolio will now allow Superior to focus on key areas within major historic goldfields. Superior is now well positioned to advance its exploration projects.”

On behalf of the Board of Directors of
Superior Mining International Corporation

“Brent Butler”

Brent Butler
President & CEO

For more information please contact:
Superior Mining International Corporation
Brent Butler, President & CEO
Telephone: (604) 601-2005  Fax: (604) 488-0319  
Email: info@superiormining.com     

 

Forward Looking Statements
This news release contains forward looking statements relating to expected or anticipated future events and operations, timing of projects and anticipated results that are forward looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, the regulatory process and actions, technical issues, new legislation, competitive and general economic factors and conditions, the uncertainties resulting from potential delays or changes in plans, the occurrence of unexpected events, and the company’s capability to execute and implement future plans. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. There is no representation by the company that actual results achieved during the forecast period will be the same in whole or in part as that forecast.

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

All of Superior Mining International's news releases made prior to January 2007 can be found on the System for Electronic Document Analysis and Retrieval (SEDAR) at http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00007879

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