Winter Drill Campaign Begins on Superior Project
12.01.2015 | Marketwire
TORONTO, Jan 12, 2015 - Superior Copper Corp. ("Superior Copper" or "the Company") (TSX VENTURE:SPC) announces that it has commenced its 2015 Winter Drill program on its 100% owned Superior Property (the "Property").Initial drill targets for 2015 will be drilled to follow up the results of the 2014 drill program after a complete review, compilation and analysis of those results. Geochemical and structural data from SPC-14-07 showed positive indications of a potential intrusive source. Drill hole SPC-15-01 is set to test a resistive high to the east of SPC-14-07 identified from the 2014 ZTEM survey that bears a similar geophysical response to other known mineralized intrusions.
Additional drilling is planned to test a vertical strike extensive chargeability anomaly returned from the 2014 induced polarization survey ("IP") over the 3M Zone that appears spatially associated with copper mineralization discovered in SPC-14-01.
There are also several favorable geophysical targets in the central-eastern (see Map) portion of the property planned for 2014 that were rescheduled for 2015 due to timing, location, and access.
To view the map associated with this press release, please visit the following link: http://media3.marketwire.com/docs/superior_copper_jan12_fig01.pdf
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 17,874 hectares or 179 square km, and is located approximately 85 km north of Sault Ste. Marie, Ontario.
The technical aspects of this press release have been reviewed by D. Morgan Quinn, P.Geo., who is the "Qualified Person" as defined by NI 43-101 for this project.
CAUTIONARY STATEMENT: Neither the TSX Venture Exchange ("TSX-V") nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release. This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, use of proceeds from the Offering, results of exploration, project development, reclamation and capital costs of the Company's mineral properties, and the Company's financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws. Please see our public filings at www.sedar.com for further information.
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Contact
Superior Copper Corp.
John Tait, President and Chief Executive Officer
416-628-5905
jtait@superiorcopper.ca
www.superiorcopper.ca