SPQ soaking all day around the 5.8c to 6c mark. Got to be close to releasing some drill results. Guessing Monday but they have been typically slow releasing info to market.
The size of that porphyry copper deposit looks to be very large. Some highlights of the Annual Report below.... Does not include Dido/Big Mag.
Bottletree – advancing towards major discovery Post financial year-end, in August 2022 Superior announced that variable amounts of visual copper mineralisation had been intersected over almost the entire 933m length of Bottletree hole five. Results thus far have been exceptional and we look forward to announcing further significant developments, with drilling expected to continue to calendar year-end. Superior’s other porphyry copper prospects are also advancing, with the Company planning maiden diamond drilling programs at both the Wyandotte Copper Prospect and Cockie Creek Porphyry Copper-Gold Prospect. Steam Engine Resource upgraded As stated in the October 2021 announcement, the deeper we drill, the better the holes become at Steam Engine. In April 2022, following the 2021 resource drilling program, Superior announced a material upgrade to the Steam Engine Mineral Resource, comprising 4.18 million tonnes @ 1.5 g/t Au for 196,000 ounces, representing a 60.7% increase in total Resources and an 80.6% rise in total Measured and Indicated Resources. The Resource has more than doubled since definition drilling started in mid-2020. Considering that the upgraded Resource has been estimated over only 1.3 km of a total 14 kilometres of lode strike potential, Steam Engine presents the Company with a superb opportunity to develop a significant gold deposit within the Greenvale area.
