Superior Resources Limited (AU:SPQ) has released an update.
Superior Resources Limited has announced a promising Scoping Study for their Steam Engine Gold Project, indicating strong financial and technical potential for both low CAPEX Toll Treatment and higher CAPEX Stand-Alone Plant scenarios. The updated study reflects a significant increase in gold resources and improved project economics, including a pre-tax cash flow of approximately $46M for Toll Treatment and $71M for Stand-Alone Processing. The company plans to advance towards a Feasibility Study while continuing to explore the mineralization potential along the project’s strike length.
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