Ann: Superior raises $4.0 million to advance porphyry exploration, page-2

Superior’s Managing Director, Peter Hwang commented: “We are very pleased with the competitive demand under the capital raise in uncertain market conditions. This clearly demonstrates the value potential in the SPQ stock. 2 “We are now fully funded to accelerate exploration across multiple prospects with at least two drill rigs within the Greenvale porphyry province. With drilling planned to commence next month at our most advanced porphyry prospect, Cockie Creek, and a second drill rig starting shortly afterwards at Bottletree, we are expecting a lot of exciting momentum at Greenvale. “In the meantime, we have become particularly excited about new developments that are starting to emerge with a third porphyry prospect, Wyandotte. Detailed field studies are starting to show signs that this may be our most important potential porphyry prospect. “From the program of activity that we can see ahead of us, this year is shaping up to be a very exciting one indeed. We will provide further updates on each of the prospects as activity starts to ramp up.”