Afternoon trading November 4, page-14

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raynerin

18 Posts.

04/11/22

13:26

Post #: 64591039
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Originally posted by unawares: ↑

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.

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WA1? again
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First 14 Last

Afternoon trading November 4, page-14

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