Ann: First assays confirm strong porphyry copper mineralisation, page-15

Yeah, Bottletree coming up soon!

Superior’s Managing Director, Peter Hwang commented:

“The quality of the mineralisation at Cockie in terms of grade, consistency and continuity is quite impressive and gives us confidence as to the size and grade potential of the causative porphyry system.

“Although we have only received assays for the first hole, the assays support the general accuracy of our visual estimations of mineralisation in the other holes and enable us to progress the analysis of the important alteration, lithological and structural information obtained from the drill core.

“These assays and the current program are also positively contributing to an upgrade of the Mineral Resource at the Discovery Outcrop, but that outcome is secondary to our primary objective of intersecting the main porphyry deposit system, or core.

The main task at hand is to analyse the extensive geological information coming from the drill holes together with the geophysical and geochemical datasets to enable us to vector our drilling towards the core of the porphyry system. “We believe that several pathfinder vectors are emerging and our efforts at Cockie will focus on data analysis over the next few weeks.

“Drilling at Cockie has significantly outpaced the receipt of assays and the analysis of pathfinder and geological datasets.

In the meantime, we have paused the drilling and our team is making preparations to commence the Bottletree Phase 2 drilling program. Details of the Bottletree program will be announced ahead of the start of drilling.”