Superior Resources Limited announced strong assay results from the third deep diamond hole completed during 2021 at its Bottletree Copper Prospect, located within the Company's 100%-owned Greenvale Project, 210kms west of Townsville, Queensland. The Company completed three deep diamond drill holes at Bottletree during 2021. Hole BTDD002 was terminated early because of excessive and irrecoverable azimuth deviation and was redrilled as BTDD003.

Hole BTDD004, drilled to 658.9m, was the third and last hole drilled at Bottletree during the 2021 field season and was designed to test the potential for porphyry copper-gold mineralisation on the western side of a large and intense MIMDAS induced polarisation chargeability anomaly. Recently received assays confirm that a very extensive zone of copper mineralisation was intersected over almost the entire length of the 658.9m hole. Core from BTDD004 shows variably mineralised quartz-chalcopyrite vein sets and disseminated chalcopyrite including a strongly mineralised 224m interval immediately to the west of the MIMDAS IP anomaly.

Although interpreted to be located some distance from the core of an intrusive porphyry system, the assays returned an impressive main copper zone of 224m @ 0.40% Cu, 0.05g/t Au, 0.9ppm Ag, 3.5ppm Mo (molybdenum) within an overall mineralised zone of 632m @ 0.21% Cu, 0.03g/t Au, 0.60ppm Ag, 18.0ppm Mo. The results in BTDD004 add to the mineralisation reported earlier from hole BTDD001, collared 500m to the east, which returned an overall intersection of 552.6m @ 0.16% Cu, 0.02g/t Au, 0.7g/t Ag from 132m to the end of hole at 684.6m 1. BTDD004 has returned the best copper intersection so far at Bottletree and is considered to be indicative of better mineralisation towards the interpreted core of a central porphyry system, west of the 2021 MIMDAS IP anomaly. Assays from the second completed hole, BTDD003, are also reported.

BTDD003 targeted the most intense chargeability zone of the main IP anomaly and was drilled directly below and to the east of BTDD001. The results confirm that this part of the main IP anomaly lies outside and to the east of the mineralised porphyry-style zone, having only intersected one significant interval of mineralisation towards the bottom of the hole. BTDD004 returned a very large interval of vein and disseminated copper mineralisation from 5m below surface: 632m @ 0.22% Cu, 0.03g/t Au, 0.6g/t Ag and 18.0ppm Mo; including a significant interval of strong mineralisation: 224m @ 0.40% Cu, 0.05g/t Au, 0.9ppm Ag and 3.5ppm Mo from 242m.

The highest grade interval returned 5.25% Cu, 0.31g/t Au and 10.7g/t Ag from 363m to 364m. As a result of observations on the mineralisation intersected in BTDD001, BTDD004 was designed as a scissor hole to test the western side of the intense MIMDAS IP chargeability anomaly for significant porphyry-style copper mineralisation. The assay results confirm that BTDD004 intersected substantial intervals of copper sulphide (chalcopyrite) mineralised vein sets, as well as disseminated copper mineralisation over almost the entire length of the 658.9m hole.