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Superior Resources Limited

Superior Resources Limited (ASX code SPQ) is an ASX listed public Australian company that is exploring for copper, lead-zinc-silver and gold deposits in northern Queensland, Australia.

The Company also holds 74,244 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 objectives are:
the discovery of a major Mount Isa style copper or lead-zinc-silver deposit in the Proterozoic rocks of north-west Queensland,
the discovery of a volcanogenic massive sulphide (VMS) deposit in northeast Queensland and
the discovery of a high-grade Tick Hill type gold deposit in northwest Queensland.

To meet these objectives Superior holds a number of exploration permits in northwest Queensland. The exploration permits are grouped into separate project areas.

Superior also holds a number of exploration permits in the Greenvale area of northeast Queensland.

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Stocks of the Hour: Terrain Minerals, Superior Resources, Strickland Metals

A snapshot of the stocks on the move, featuring Terrain Minerals (ASX:TMX), Superior Resources (ASX:SPQ) and Strickland Metals (ASX:STK).

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