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OUR PROJECTS/

Greenvale Project

The Greenvale Project, situated in North Queensland and fully owned by Superior, stands as the northernmost stretch of the Ordovician Macquarie Arc, dubbed the Lucky Creek Corridor. This extensive project encompasses a landscape filled with Ordovician-period volcanic and intrusive rocks, which bear a striking resemblance to the geology found in the famed Ordovician porphyry copper belt of New South Wales, renowned for hosting major mines such as Cadia and North Parkes with substantial porphyry copper-gold deposits.

With its diverse range of prospects, the Greenvale Project holds promising potential for significant mineral discoveries, including porphyry copper-gold, high-grade orogenic gold, and magmatic nickel-copper-PGE sulphide deposits. Recent exploration activities have yielded significant results, particularly at the Bottletree and Cockie Creek prospects.

Project Outline

The Greenvale Project delineates the northern extent of the Ordovician Macquarie Arc through the Lucky Creek Corridor, under the sole proprietorship of Superior. It encompasses a geologically rich area of volcanic and intrusive rocks from the Ordovician era, mirroring the type and age of those found in New South Wales’ prolific porphyry copper belt, which includes the substantial Cadia and North Parkes porphyry copper mines.

The Greenvale Project has been expanded to include a diverse range of Mineral Provinces and prospects, each with its own unique potential.

 

Porphyry Copper-Gold-Molybdenum Province:

  • Bottletree: Demonstrates the potential for a large-scale porphyry copper-molybdenum-gold mineralisation system, as evidenced by recent drilling and core analyses.
    • BTDD004 intersected 632m @ 0.21% Cu, including 224m @ 0.40% Cu and 103m @ 0.53% Cu.
    • Recent drilling results from BTDD011, BTDD012, and BTDD013 have confirmed the continuity of porphyry Cu-Au-Mo mineralisation to the southeast and highlighted potential for a porphyry core to the southwest. 
    • A $300,000 Collaborative Exploration Initiative (CEI) Critical Minerals grant has been awarded for drilling two deep holes targeting this modelled porphyry core.
  • Cockie Creek: A confirmed porphyry Cu-Au-Mo system with extensive copper and gold mineralisation highlighting a significant porphyry system beneath the shallow Cu-Au deposit. 
    • Recent drilling, including CCDD007, has revealed a continuous zone of copper and gold mineralisation extending from surface to depth in the western zone. Results indicate increasing width of the mineralised zone with depth, suggesting an approaching proximity to a mineralised porphyry intrusion.

 

High-Grade Gold:

  • Steam Engine: Known for high-grade intrusion-related or orogenic lode gold with significant size potential. A Feasibility Study is underway, and a 2024 Resource expansion and exploration drilling program has been successfully completed.

 

Magmatic Nickel-Copper-PGE Sulphide Province:

  • Lynd & Dido: Potential for Norilsk/Voisey’s Bay style magmatic sulphide mineralisation with at least 40 intrusions.
  • Palmer Rails & Phantom Creek: Each intrusion groups showcasing outcropping nickel sulphide mineralisation within Norilsk/Voisey’s Bay style magmatic nickel-copper-PGE sulphide systems.

 

VMS and Potential Porphyry Prospects:

  • Bombay Sapphire: Shows potential for VMS or porphyry copper mineralisation.
  • Galah Dam & One Mile/One Mile Dam: Indicate potential for porphyry or massive sulphide copper-gold-zinc mineralisation.

 

High-Grade Copper and VMS Prospects:

  • Wyandotte Copper: High-grade copper deposit with porphyry characteristics.
  • Halls Reward: Exhibits features of Cyprus style VMS with high-grade copper.

 

Zinc and Rare Earth Elements Prospects:

  • Riesling: Potential for Broken Hill style zinc-lead-copper mineralisation.
  • Lucky Creek: Lateritic nickel-cobalt-rare earth elements mineralisation potential.

Covering 2,307 sq km, the Greenvale Project’s strategic location is further augmented by the nearby Kidston Clean Energy Hub, ensuring a renewable energy source for future endeavours with a transmission line being constructed through the centre of the project area. Superior’s exploration efforts have validated the project as a significant site for diverse mineral deposits, including several porphyry systems with Tier-1 potential, akin to the geological setting of the world-class Cadia and Ridgeway deposits in New South Wales and nickel sulphide systems akin to the major Norilsk deposits.

Recent exploration, especially drilling programs at Bottletree and Cockie Creek, has provided promising results, underscoring the project’s capacity for substantial porphyry copper-gold-molybdenum and high-grade gold discoveries. Looking ahead, Superior’s exploration strategy is set to delve deeper into the magmatic nickel-copper-PGE sulphide province within the project, with an expanded tenure base pinpointing areas with potential for Norilsk/Voisey’s Bay-style mineralisation systems.

Superior continues to advance the Steam Engine gold development project and exploration across the Greenvale Project, with ongoing drilling programs, geophysical surveys, and metallurgical studies aimed at further defining and expanding the known mineralisation across multiple prospects.

Regional aerial magnetics over the Greenvale Project area showing the newly recognised porphyry province (amber tenements) and the magmatic Ni-Cu-PGE sulphide province (tenements outlined in green). The approximate boundary between the two provinces is indicated by the white dashed line.
Regional aerial magnetics over the Greenvale Project area showing the newly recognised porphyry province (amber tenements) and the magmatic Ni-Cu-PGE sulphide province (tenements outlined in green). The approximate boundary between the two provinces is indicated by the white dashed line.
Greenvale
Airborne magnetics (RTP) processed image over the central Greenvale Project area and surrounds, showing the key prospects and tenements.

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