SPQ 25.0% 0.6¢ superior resources limited

A lot of expectation on this release punters waiting for the...

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    A lot of expectation on this release punters waiting for the Mother Load Announcement

    We Punters wanted some certainty something tangible: Assays may provide that shortly.

    Disclosure Brought More bit the Bullet !!!





    Great: à Cockie Creek is turning out to be a very interesting and exciting porphyrysystem

    Surprise Upsideà: We didn’t expect to encounter thesignificant amounts of strong copper mineralisation that has been intersected outside the known mineralisation envelope

    The latest holes have also extended the mineralised zone down dip.

    Good Signs à “More importantly, the drilling is showing signs for the existence of astrong porphyry system with the amount of potassic alteration and a broadening of the mineralisation towards the west. In addition, interpretation of historical drill holes and aerial magnetic data indicate that a potentialmain intrusion centre lies further to the west of the historical copper zone. These observations are indicating potential for Cockie Creek beinga much larger system than originally thought

    Going Deeperà“As a result of our most recent observations, we are extending the planneddepths of most holes in the current program as well as adding a series of new holes to test targets to the west of the historical copper zone. “The very positive results to date at Cockie Creek further validate the Greenvale Lucky Creek Corridor as a preserved island arc system hosting a belt of regularly spaced porphyry copper-gold mineralisation systems.

    To the west we go à Western Extension Zone – Extend Drilling (significant potential to expand the historic Mineral Resource Estimate)

    The continuation of the main copper zone (and consequently, the Mineral Resource) westwards, is evidenced in one western-most historical drill hole that intersected significant mineralisation at depth and strike of (but outside) the Mineral Resource. The mineralisation in this historical hole does not appear to reach the surface (i.e., a blind zone) and does not show a surface soil geochemistry expression (Figure 9). In addition, aerial magnetic data clearly highlights a continuation of the same structure on which the main copper zone is developed. The Western Extension Zone continues for at least one kilometre and lies adjacent and to the north of a large circular magnetic feature (Figure Below à

 
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