Superior Resources Limited (AU:SPQ) has released an update.
Superior Resources Limited has announced an ambitious expansion for their Steam Engine Gold Project, involving a comprehensive drilling program and the revision of their 2021 Scoping Study based on a higher gold price assumption. With current resources primarily at shallow depths and a vast extent of untested potential identified, the company anticipates significant growth in the project’s resource inventory. The managing director highlighted the project’s substantial untapped potential, with new geophysical data suggesting further extensions and new lode zones.
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