Ann: High Grade Gold Lode identified at Windmill East, page-7

So, all of the assays from the RC holes have now been received and assessed and reported on.

Windmill East does indeed look promising.

It seems though that the Steam Engine drilling will be put on hold for a while.

'As we have only tested about 10% of the known prospective areas of mineralisation, we hold strong conviction about the potential of the project.
“However, our immediate focus is to ensure the continued progression of the Feasibility Study and establishing all other aspects of the project in readiness for the commencement of early-stage mining and processing.'

This news came out today as well.

Superior Resources Limited is pleased to announce that following the successful capital raise of $800,000 the Company has received strong interest from additional sophisticated and professional investors, resulting in a total amount raised of $950,000 (Placement).

Also released today:

On 9 April 2025, the Company issued the following fully paid ordinary shares (together New Shares):

a) 201,086,958 new shares to sophisticated investors at a price of $0.0046 per share under a capital raise by way of a placement; and

b) 31,969 new shares upon the exercise of 31,969 options having an exercisable price of $0.015 per option and expiration date of 27 August 2026.

Who would have wanted to exercise options at 1.5c?