Superior Resources Ramps Up Drilling and Exploration
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Superior Resources Ramps Up Drilling and Exploration

Superior Resources Limited (AU:SPQ) has released an update.

Superior Resources Limited, an ASX-listed company based in Brisbane, has initiated an ambitious drilling program at their Steam Engine Gold Project aimed at expanding their gold resource and establishing a maiden Ore Reserve. The company reported successful completion of 31 drill holes and is awaiting assay results, while also working on advanced 3D modelling for accurate drill targeting. Additionally, Superior Resources received a $300,000 grant for exploration of their Bottletree Copper Prospect, where they are conducting geological modelling and preparing for drilling in the 2024 field season.

For further insights into AU:SPQ stock, check out TipRanks’ Stock Analysis page.

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