Porphyry Deposits Education, page-37

24 May ann

Use of funds Proceeds from the Placement will be used to:

• Execute the large Greenvale multi-stage, multi-prospect copper porphyry drilling program. This program will target potential porphyry intrusions across up to three porphyry prospects and delineate areas of near-surface copper and gold mineralisation;

• Progress a Feasibility Study and a Resource expansion program at the Steam Engine Gold Project; • Commence Phase 2 drilling of Bottletree, targeting at least two potential porphyry core targets generated from vectoring information obtained from the 2022 program;

• Commence drilling at Superior’s most advanced porphyry target, Cockie Creek during June 2023;

• Corporate working capital; and

• Placement costs