Superior Resources Limited (AU:SPQ) has released an update.
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Superior Resources Limited has announced promising results from its drilling program at the Steam Engine Gold Project, revealing a new high-grade gold lode zone and a second potential high-grade shoot at the Eastern Ridge Lode. With substantial thickening of mineralization at depth and impressive gold grades, the company anticipates further expansion of extractable resources, enhancing project economics. The discovery of an unexpected parallel zone 80 meters west of the Eastern Ridge underscores the project’s significant growth potential, with further Phase 2 drilling planned.
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