Superior Copper Appoints the Honourable Ernie Eves to its Board of Directors, Grants Stock Options, and Increases Land Package in Batchawana Bay
13.08.2014 | Marketwire
ORONTO, August 13, 2014 - Superior Copper Corporation ("Superior Copper" or "the Company") (TSX VENTURE:SPC) is pleased to announce that it has appointed Ernie Eves to its board of directors.Mr. Eves was a member of the Provincial Parliament of Ontario for nearly 24 years, and served in numerous legislative capacities including Minister of Finance, Deputy Premier. He later became Ontario's 23rd Premier. A lawyer by profession, Mr. Eves is a graduate of Osgoode Hall Law School and was called to the bar in 1972. He was appointed a Queen's Counsel in 1983. The Company also announces the grant of 500,000 options to Mr. Eves at an exercise price of $0.20 per share for a period of 5 years.
The Company is also pleased to announce that it has staked 14 claims covering 2,086 hectares or approximately 21 square kilometres ("km") adjacent to its 100% owned Superior Project in the Mamainse Point area, located approximately 85 km north of Sault Ste. Marie, Ontario. The addition of the new claim block increases the Company's current land position to 17,874 hectares or approximately 179 square km. Please see attached map for reference.
"Following an airborne ZTEM survey, we saw some interesting features on the fringes of our property. These ZTEM responses have added to our drill targeting. The project now covers even more of the prospective geology at Mamainse Point, Ontario giving Superior Copper control over this exciting exploration play," said President and CEO John Tait.
About Superior Copper Corporation
Superior Copper Corp. is a Canadian-based exploration company focused on base and precious metal exploration. The Company's primary objective is to target highly prospective and underexplored mineral properties, particularly copper, in order to meet the continual global demand. Its primary land position is its 100%-owned Superior Project, which covers 15,789 hectares or 158 square kilometers, and is located approximately 85 km north of Sault Ste. Marie, Ontario. Superior Copper's property has the potential to host an Iron Oxide Copper Gold ("IOCG") deposit. The Company has identified a large geophysical magnetic high with coincident gravity anomalies, copper-bearing hematitic breccias, as well as IOCG-type alteration patterns throughout the property, which is located on the Proterozoic Mid-continental Rift.
Shares Outstanding: 162,178,784
To view the map associated with this press release, please visit the following link:
http://media3.marketwire.com/docs/SPC_image.pdf.
Contact
Superior Copper Corporation
John Tait, President and Chief Executive Officer
416-628-5905
jtait@superiorcopper.ca
www.superiorcopper.ca