OUR PROJECTS/GREENVALE Project

Telegraph

The Telegraph Prospect lies within the Greenvale Project approximately 3 km northwest of Halls Reward. Historical artisanal workings targeted gossanous, copper-rich material within west-northwest trending shears.

Geology and High-Grade Sampling

Mineralisation occurs as a series of pods within shears over an area of about 200 m by 300 m, with potential strike extensions to the west obscured by alluvium. The gossans are dominated by goethite with secondary copper minerals including malachite. Superior has interpreted the weathered material as indicating a sulphide-rich primary mineralisation style and potential for supergene enrichment at depth.

Sampling reported on 10 September 2025 returned copper values up to 10.99% Cu with associated gold and silver, including:

  • 10.99% Cu, 0.21 g/t Au and 12 g/t Ag
  • 10.91% Cu, 0.14 g/t Au and 10 g/t Ag
  • 7.68% Cu, 0.09 g/t Au and 13 g/t Ag
  • 6.62% Cu, 0.10 g/t Au and 8 g/t Ag
  • 6.02% Cu, 0.26 g/t Au and 8 g/t Ag

Telegraph West

Telegraph West was previously defined as a 1.5 km x 0.5 km high-order soil-copper anomaly about 1.5 km west of the main Telegraph Prospect and was reported as untested by drilling. However, on 31 July 2026 Superior disclosed potential issues with the soil geochemical dataset underlying the Telegraph West target. The dataset remains under review, and Superior intends to reassess the exploration merit of Telegraph West after that review is complete.

Exploration Outlook

Superior announced in December 2025 and January 2026 that it was designing an RC and diamond drilling program of up to 3,000 m across Halls Reward and Telegraph, targeting surface mineralisation and geophysical targets. Adverse weather delayed final design and planning during 2026. As at 31 July 2026, planned drilling at Halls Reward and Telegraph remained consistent with the previously announced programs, with finalised details yet to be announced.

Plan of the Company’s reconnaissance mapping and rock chip sampling at Telegraph Prospect, showing high-grade copper rock chip results associated with gossans and historical workings.
Plan of the Company’s reconnaissance mapping and rock chip sampling at Telegraph Prospect, showing high-grade copper rock chip results associated with gossans and historical workings.
Sample NT0104 shows malachite staining on fractures within gossanous material, assayed 6.62% Cu, 0.10 g/t Au and 8 g/t Ag.
Sample NT0104 shows malachite staining on fractures within gossanous material, assayed 6.62% Cu, 0.10 g/t Au and 8 g/t Ag.
HISTORICAL FIGURE - Plan of regional magnetics (RTP) over Telegraph and Telegraph West, overlain with the soil-copper geochemistry dataset reported in September 2025. As at 31 July 2026, Superior had identified potential issues with the soil geochemical dataset underlying Telegraph West and the dataset remained under review. Do not publish this figure as a current target-definition image while the review is unresolved.
HISTORICAL FIGURE - Plan of regional magnetics (RTP) over Telegraph and Telegraph West, overlain with the soil-copper geochemistry dataset reported in September 2025. As at 31 July 2026, Superior had identified potential issues with the soil geochemical dataset underlying Telegraph West and the dataset remained under review. Do not publish this figure as a current target-definition image while the review is unresolved.
Creek bank exposure at Telegraph West showing alluvial cover over weathered, mottled and variably veined and altered serpentinite bedrock. Retained as geological context only. As reported on 31 July 2026, the soil geochemical dataset underlying the Telegraph West target is under review and should not be relied on as current target-definition evidence until that review is resolved.
Creek bank exposure at Telegraph West showing alluvial cover over weathered, mottled and variably veined and altered serpentinite bedrock. Retained as geological context only. As reported on 31 July 2026, the soil geochemical dataset underlying the Telegraph West target is under review and should not be relied on as current target-definition evidence until that review is resolved.
Telegraph