Superior Resources Limited announced the identification of two areas containing significantly mineralised multiple gold lodes, located between Steam Engine and Bottletree prospects, at its 100%-owned Greenvale Project, approximately 210kms west of Townsville, Queensland. Although the Company has not conducted any prior work at the new Windmill East and Origin prospects, the lodes appear to be highly mineralised and identical in style to the Steam Engine Lode. Rock chips collected during November 2021 returned up to 65.9 g/t Au from Origin and up to 18.6 g/t Au from Windmill East.

Gold-in-soil geochemical data over the area indicates that Windmill East and Origin are directly on-trend to the Dinner Creek Lode, located about 1.5 kms to the north east. A large anomalous zone of gold-in-soils located around the outer northern edge of the Bottletree Copper Prospect lies about 1km to the south of Origin. The Windmill East and Origin prospects provide Superior with excellent potential to significantly increase total Resource ounces for the Steam Engine Project, further boosting the potential of the project, which currently totals 1.73 million tonnes grading 2.2 g/t Au for 122,000 ounces of gold.

New Windmill East and Origin Prospects Mapping has established that gold mineralisation at the Windmill East Prospect, 2.5kms north of Bottletree, is hosted in intense quartz-sericite-pyrite alteration in meta-tonalite. This alteration closely resembles alteration observed in the mineralised lodes at Steam Engine, located about 1.5kms to the northwest. There are several parallel north to north northeast trending lodes which outcrop very poorly but can be traced for over 250m.

Mineralisation at the Origin Prospect to the southwest is also in two or more lodes, but the best mineralisation appears to be within quartz veins that are contained within the phyllic alteration in meta-tonalite. Mineralisation may also be developed within the phyllic alteration zones. Despite the poor exposure, the trends of the Windmill East lodes and elevated gold-in-soil zones suggest a connection with the Dinner Creek Lode and it seems highly likely that the two prospects are part of the same system.

The poor gold tenor at Dinner Creek may be due to a different host rock lithology (mafic to intermediate schist) compared to intrusive meta-tonalite at Windmill East-Origin. Only two rock chip samples were taken from each prospect. Values of 18.63 g/t Au and 6.97 g/t Au were obtained from Windmill East and 65.92 g/t Au and 3.19 g/t Au from Origin.

These are significant gold numbers, which require further sampling and investigation before drill testing. The very limited shallow historical drilling by Pancontinental produced a best result of 2m @ 1.72 g/t Au at Origin (hole ORC001, 12-14m) and 2m @ 1.84 g/t Au at Windmill (WERC003, 21-23m). Given that the lodes normally dip northwest, the orientation of some of the Origin holes parallel this direction and may not have tested the target zone.

Overall, the Windmill East and Origin lodes remain largely untested and have potential for strike extensions and additional yet to be identified parallel lodes. The Windmill East and Origin Prospects present significant potential to add substantial ore to the Steam Engine Resource.