Superior Resources Limited (ASX: SPQ) reports positive findings from its inaugural drilling campaign at the Cockie Creek Prospect within the Greenvale Project. The first drill hole, CCDD001, has unveiled encouraging porphyry copper mineralization, indicating a well-mineralized Cu-Au-Mo system nearby. Notable results from CCDD001 include 71 meters at 0.48% Cu and 70ppm Mo from a depth of 16 meters, with a particularly promising section of 31 meters at 0.65% Cu and 80ppm Mo starting at 36 meters.
These assays confirm high-grade mineralization within the Resource envelope, which is exposed at the surface and likely one of several hydrothermal fluid pathways originating from a mineralized porphyry core. Further analysis and modelling are underway to guide future drilling towards the porphyry core, the source of surface mineralization. This discovery presents significant potential for expanding the historic Mineral Resource Estimate, emphasizing the untapped opportunities within the prospect.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 21, 2024
Nov 20, 2024
Nov 20, 2024
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.