24 May ann
Use of funds Proceeds from the Placement will be used to:
• Execute the large Greenvale multi-stage, multi-prospect copper porphyry drilling program. This program will target potential porphyry intrusions across up to three porphyry prospects and delineate areas of near-surface copper and gold mineralisation;
• Progress a Feasibility Study and a Resource expansion program at the Steam Engine Gold Project; • Commence Phase 2 drilling of Bottletree, targeting at least two potential porphyry core targets generated from vectoring information obtained from the 2022 program;
• Commence drilling at Superior’s most advanced porphyry target, Cockie Creek during June 2023;
• Corporate working capital; and
• Placement costs
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