Superior Resources Limited (AU:SPQ) has released an update.
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Superior Resources Limited has completed its Phase 2 drilling at the Steam Engine Gold Project, revealing a new footwall alteration zone that may indicate additional gold potential. This discovery, alongside multiple stacked lodes, suggests significant growth prospects for the project, which is strategically positioned near key infrastructure. The company is advancing towards open-pit mining, with promising financial scenarios outlined in a recent Scoping Study.
For further insights into AU:SPQ stock, check out TipRanks’ Stock Analysis page.
