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Superior Resources Expands Copper Strategy and Advances Gold Project

Story Highlights
  • Superior Resources expands its copper strategy to include high-grade copper-gold opportunities.
  • The Steam Engine Gold Project is advancing towards early production with regulatory and study progress.
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Superior Resources Expands Copper Strategy and Advances Gold Project

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Superior Resources Limited ( (AU:SPQ) ) has shared an announcement.

Superior Resources Limited has expanded its copper strategy to include high-grade copper-gold opportunities alongside its existing porphyry copper prospects. The company is planning a drill program at its Greenvale Project to explore mineralization around historical mining areas. Additionally, the Cockie Creek Porphyry Cu-Au-Mo Prospect is nearing completion of a maiden JORC Mineral Resource Estimate, expected to be released in Q3 2025. The Steam Engine Gold Project is progressing towards early gold production within two years, with regulatory and mining study pathways being expedited, and a feasibility study for toll treatment operations underway.

More about Superior Resources Limited

Superior Resources Limited is a Brisbane-based ASX-listed mineral explorer with a diverse portfolio of large copper exploration projects. The company is also developing nickel-cobalt projects in northern Queensland and targets Mount Isa style copper and lead-zinc-silver deposits, uranium deposits in northwestern Queensland, and exploration projects for VMS and porphyry style copper-gold-silver-molybdenum deposits in northeast Queensland.

Technical Sentiment Signal: Sell

Current Market Cap: A$11.85M

For an in-depth examination of SPQ stock, go to TipRanks’ Overview page.

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