SPQ 0.00% 0.8¢ superior resources limited

Ann: Commencement of drilling at Steam Engine Gold Project, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 13,903 Posts.
    lightbulb Created with Sketch. 727
    The listed next 10 steps on page 10 can be summarised to show 1-8 are for Steam Engine, 9 for Bottletree (drilling to start) and 10 for Cockie Creek and Wyandotte (preparation of plans to drill), all to be conducted before 1 October as I interpret it.

    The SE resource expansion drilling started today and should take up to 6 weeks to complete. There will be 45 RC drill holes totalling 4,500 metres. Figure 10 has the details. Point 4 on page 10 says that there will be a systematic flow of assays.

    There is a lot to like about this report.

    This section reveals the huge potential for this tenement:

    The SEGP Mineral Resource is developed over a total of 1.2 kilometres of this structure. Gold-in-soil geochemistry indicates that gold mineralisation exists along structures with a total strike length of at least 10 kilometres (Fig. 9). It is evident that significant potential exists to extend gold lode mineralisation along strike to the north and south of the Steam Engine and Eastern Ridge lodes (Fig. 9). Furthermore, strong gold mineralisation exists over a large area at the Windmill East and Origin Prospects, with rock chip assays up to 65.9 g/t Au
 
watchlist Created with Sketch. Add SPQ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.