SUPERIOR RESOURCES LIMITED - ASX: SPQ

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Description

Superior Resources Limited (ASX code SPQ) is an ASX listed public Australian company that is exploring for copper and lead-zinc-silver deposits in northern Queensland, Australia. The Company also holds seven million shares in Deep Yellow Limited, an Australian ASX listed uranium explorer. Under a prospectus dated 29 August 2007, Superior raised a total of $4.4 million and successfully applied for listing on ASX Limited.

Superior's principal objective is the discovery of a major Mount Isa style copper or lead-zinc-silver deposit in the Proterozoic rocks of north-west Queensland. To meet this objective Superior holds 14 exploration permits (7 granted and 7 applications) totalling 3500 square kilometres. These 18 exploration permits are grouped into four separate project areas.

Superior also holds a mining lease in the Greenvale area of northeast Queensland. Application has been made for the area surrounding this mining lease as an exploration permit. This area has potential for the discovery of copper-lead-zinc deposits of the volcanogenic massive sulphide style.

Mine For

copper, gold, phosphate, lead, zinc, silver

Location of operation(s)

Queensland

Address

Level 2, 87 Wickham Tce
SPRING HILL, QLD, AUSTRALIA

Phone

(07) 3839 5099

Email

Website

http://www.superiorresources.com.au

Last Updated

11/5/2011