Superior Resources Limited (AU:SPQ) has released an update.
Superior Resources Limited has received a $300,000 grant from the Queensland Government for critical drilling activities at their Bottletree prospect, aiming to uncover a significant buried copper-gold-molybdenum (Cu-Au-Mo) porphyry system. The grant, part of the Collaborative Exploration Initiative, underscores the government’s support for the exploration of critical minerals and the potential of the Greenvale Terrane as a new porphyry belt. The funded drilling program is set to expedite the exploration of two deep holes, targeting the core of the porphyry system, with the potential to significantly advance our understanding of the mineral-rich region.
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