Articles On Superior Resources (ASX:SPQ)

Title Source Codes Date
Superior taps into large Qld copper porphyry system

Superior Resources appears to have tapped into the edges of a large, porphyry system at the company’s Bottletree copper prospect in Queensland. Assay results returned a massive 552.5 m at 0.16 per cent copper.

The West SPQ 1 day ago
Superior Resources (ASX:SPQ) releases first Bottletree assays

Superior Resources (SPQ) says first assays from 2300 metres of diamond drilling at its Bottletree copper prospect build confidence in a potentially high grade porphyry system The company says the primary target at Bottletree is buried porp... SPQ 1 day ago
Gold prospects brighten for Superior in Queensland

Superior Resources has chipped significant gold from its Queensland prospects with grades up to 65.92 grams per tonne. It says it may be onto a significantly larger mineralised system than previously thought.

The West SPQ 1 week ago
Superior Resources (ASX:SPQ) confirms expanded gold potential

Superior Resources (SPQ) identifies expanded, very large-scale gold potential for Steam Engine gold project in Queensland The company says rock chip assays up to 65.9 g/t gold at the Windmill East and Origin prospects identifies potential... SPQ 1 week ago
Gold Digger: Solar, electric vehicle demand could push silver market into long term deficit

Global silver demand hit ~1.02 billion ounces in 2021, the first time it has breached 1 billion since 2015, according to the Silver Institute. Of that, industrial demand hit a new high of 524 million ounces. And of that, photovoltaic (solar...

Stockhead SPQ 1 week ago
Closing Bell: ASX treads water while an IPO dips on debut

Local stocks made a cautious start to the week, following a fairly volatile trading period last week as jitters stemming from rising bond yields dimmed risk sentiment on global markets. The ASX 200 opened in the red before clawing back some...

Stockhead SPQ 2 weeks ago
ASX Close: Market ends slightly in the red

The share market has ended the first day of the week in the red despite gaining some ground after dropping by as much as 0.6 per cent in early morning trade. By the end of trade, much of the losses had been recovered, with the S&P/AS... SPQ 2 weeks ago
ASX Update: Tech drags market slightly lower

The Australian market has shrugged off this morning’s low, gaining ground after falling 0.6 per cent in early morning trade. The technology sector is the main contributor to the dip, steering the market slightly lower today as it fell 1... SPQ 2 weeks ago
Hot Money Monday: Lithium and graphite stocks fire up as the clean energy theme roars into 2022

Welcome back to Hot Money – 2022 edition. The weekly Stockhead article recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting t...

Stockhead SPQ 2 weeks ago
Closing Bell: The ASX lifts with all sectors finishing in the green

The ASX has recovered following yesterday’s strong blow, closing up 1.29% with all 11 sectors finishing in the green on lower than normal trading volumes. Today’s biggest sector win was energy, up a nice 2.20% with the financial market foll...

Stockhead SPQ 2 weeks ago
December ASX Winners Column: Health and telco stocks plus recapitalised resources companies won the month

ASX investors evidently shrugged off omicron fears in December, with the last month of the 2021 being the second best of the year. Ultimately, the market finished 2021 13% higher than it started. Patience pays off, unless you got in at the...

Stockhead SPQ 3 weeks ago
Gold Digger: JP Morgan reckons gold’s gonna take a dive to $1,520/oz by Q4

Gold is holding steady above US$1,800/oz – currently trading at US$1816.60. Some players are confident the gold market will trend net positive next year as the market digests the reality of the past 24 months. But commodity analysts at J.P....

Stockhead SPQ 3 weeks ago
10 at 10: These ASX stocks are finishing the year with a blinder of a day this morning

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

Stockhead SPQ 3 weeks ago
Closing Bell: December on track to be the ASX’s second best month of 2021

The ASX closed the second last trading day of the year – and the last full day of the year – slightly higher marking the sixth straight day of gains. This was despite a quiet day for trading and no sectors standing out with the best being t...

Stockhead SPQ 3 weeks ago
Resources Top 5: Copper hits, two lithium stocks and a near-term uranium miner

NexGen’s high grade ‘Rook I’ uranium project is at the pointy end of development cycle Superior Resources now up ~43% since announcing big copper hit at ‘Bottletree’ Lithium stock Morella Corp continues to edge higher after relisting on th...

Stockhead SPQ 3 weeks ago
Closing Bell: Pre-Christmas Santa rally picks up where it left off

The ASX resumed trading after the Christmas break with a healthy gain of over 1%, taking it to levels not seen since early September. The ASX 200 closed at 7,510 points, up 1.21% from last Friday, a level last seen on September 8. All secto...

Stockhead SPQ 4 weeks ago
Gold Digger: Gold bulls are out in force, but expect turbulence

With gold spending most of the past week hovering around the US$1,800/oz (A$2,485/oz) mark, speculation has turned away from whether the precious metal can hold its gains to asking if it can test hit the US$1,850/oz mark. Gold is currently...

Stockhead SPQ 1 month ago
Superior Resources (ASX:SPQ) completes 2021 program at Bottletree

Superior Resources (SPQ) intersects copper vein mineralisation in the third hole drilled at its Bottletree prospect within the Greenvale Project in Townsville, Queensland The third hole was drilled to test a large soil copper anomaly, and... SPQ 1 month ago
Gold Digger: Early 2022 gold rally could turn sour mid-year

It’s been fairly choppy for precious metals this year, with economic recovery, rising nominal yields and the potential for rate hikes dampening investors’ appetite for gold. But on the flip side, new virus variants, fears of stagflation and...

Stockhead SPQ 1 month ago
Closing Bell: ASX edges lower ahead of all-important US inflation data

For the first time in over a month, the ASX finished a week higher than where it began — even with the bourse declining on an intraday basis. The ASX 200 closed at 7,353 points which was 0.42% lower than yesterday, but up 1.6% from last Fri...

Stockhead SPQ 1 month ago
Closing Bell: ASX edges lower as stocks slide for the fourth straight week

The ASX closed the fourth last week before Christmas up for the day, but once again down for the week. The ASX 200 closed 0.22% higher at 7,241 but down 0.52% for the week – the fourth straight week it has finished down. Energy was the top...

Stockhead SPQ 1 month ago
Gold Digger: An inflationary bomb is about to go off. It’s time to prepare for the next gold bull market

US Fed chair Jerome Powell finally admitted that inflationary pressures weren’t going to be as sh­­ort-lived as perhaps expected. Earlier this week Powell surprised markets by suggesting it would be appropriate to drop the phrase “inflation...

Stockhead SPQ 1 month ago
Superior eyes potential copper porphyry in QLD

Superior Resources has intersected sulphide mineralisation in its first two drill holes targeting a large, induced polarisation anomaly at the company’s Bottletree Copper prospect in Queensland.

The West SPQ 1 month ago
Superior Resources (ASX:SPQ) finds copper-gold porphyry potential at Bottletree

Superior Resources (SPQ) intersects disseminated and vein sulphide mineralisation at the Bottletree copper prospect in Queensland This observation comes from two diamond holes drilled at the prospect, which are targeting a large chargeabil... SPQ 1 month ago
Gold Digger: Gold’s renaissance was short-lived. Have prices bottomed out?

Following a 7.6% surge from late September, the price of gold briefly hit five-month highs of ~$US1,872/oz on fears that current high inflation levels are more than ‘transitional’. Gold is an ‘inflation hedge’; an investment that ostensibly...

Stockhead SPQ 2 months ago
Superior beefs up QLD gold resource

Superior Resources has wrangled a stampede of significant gold intercepts from 15 RC drill holes returned from the latest round of assays at its Steam Engine prospect in Queensland.

The West SPQ 2 months ago
Gold Digger: These cheap gold stocks might not last long

Following a 7.6% surge from late September, the price of gold is now sitting ~$US1,860/oz for the first time since June. The Aussie price is looking even better, which is great news for our local producers: USD (dark) and AUD (light) gold p...

Stockhead SPQ 2 months ago
Gold Digger: Prices lift off on growing inflation

Growing concerns about inflation could send gold prices soaring back above the US$2,000 ($2,746) an ounce mark it last reached back in 2020. Prices of the precious metal have already been rising steadily over the past fortnight, up some 3.7...

Stockhead SPQ 2 months ago
Closing Bell: Gold stocks rally in the wake of US inflation data, while small caps also outperform

The ASX 200 climbed off its midday lows, but still closed in the red following a weak lead from Wall St, after US inflation data gave investors more jitters around the outlook for stubborn inflation and higher interest rates. Gold stocks we...

Stockhead SPQ 2 months ago
Hot Money Monday: Copper play AIC Mines fires up after flagging big plans for Eloise

AIC Mines (ASX:A1M) led a group of 30 stocks running hot this week, amid another spate of big mining hits, M&A deals and clean energy winners. Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Stre...

Stockhead SPQ 2 months ago
Gold Digger: A global carbon tax could hit gold stocks right where it hurts

A global carbon taxation regime could slash gold miner profit margins by up to 45% unless an effort is made to reduce greenhouse gas emissions, Metals Focus says. Some countries, such as Canada and Sweden, already impose carbon taxes and th...

Stockhead SPQ 2 months ago
Gold Digger: Ounce-hungry gold miners investing big $$ in M&A, new developments

The gold price may be in a holding pattern at ~$US1,800/oz, but Aussie gold miners continue to throw piles of cash at acquisitions and new developments. Westgold (ASX:WGX) looks increasingly likely  to hoover up struggling producer Gascoyne...

Stockhead SPQ 2 months ago
Gold Digger: Two charts that show how undervalued gold stocks really are

Gold stocks are cheap, experts keep saying. Well-known analyst Jesse Felder has now demonstrated the “pathetic performance” of the US gold majors in handy chart form. The US listed BANG stocks (Felder’s play on FANG) include gold giants Bar...

Stockhead SPQ 3 months ago
Superior hits 115 gram dirt at QLD gold play

Brisbane based miner, Superior Resources, enjoys a dominant position in North Queensland’s world-class mining region – the Carpentaria Province. The company’s latest drill campaign produced a best result of 5m at 24.9 g/t gold including a 1...

The West SPQ 3 months ago
Gold Digger: This large Russian gold mine will have its own nuclear power plant

The +9Moz, ~350,000ozpa ‘Kyuchus’ field will be one of Russia’s biggest gold mining projects. Kyuchus was first discovered in 1963, but its isolation in the harsh Arctic climate of the Yakutia region has, so far, stymied numerous developmen...

Stockhead SPQ 3 months ago
Gold Digger: Gold M&A is heating up. Which junior is the next takeover target?

Investors want to see gold miners wisely grow their production profile. Not like miners did during the last cycle, when some irrational, highly priced M&A action destroyed significant wealth. The big gold miners have a “lousy recent his...

Stockhead SPQ 3 months ago
Gold Digger: Gold is back on the menu amidst market chaos

There is a lot of uncertainty in the market due to tensions in China, rising interest rates and continuing economic recovery of the global COVID-19 pandemic, with investors fleeing for safe havens to park their cash in. Safe havens like gol...

Stockhead SPQ 3 months ago
Superior hits ounce-to-the tonne Queensland gold

ASX-listed junior gold explorer Superior Resources has intersected some superb gold horizons at its wholly owned Steam Engine prospect in Northern Queensland, with grades up to a dazzling 38.8 grams per tonne gold. The company is also march...

The West SPQ 3 months ago
Gold Digger: Are ASX large cap gold stocks a screaming buy?

The valuations of major gold miners remain weak despite falling debt and record dividends, according to the latest Metals Focus Gold Peer Group Analysis. Australia’s largest gold miners Newcrest (ASX:NCM), Northern Star (ASX:NST), and Evolu...

Stockhead SPQ 4 months ago
Here’s why Superior thinks it’s only seen the tip of this copper iceberg

Superior is targeting the copper potential of its Greenvale project in Queensland with the start of deep diamond drilling at the Bottletree prospect. As part of Superior Resources’ (ASX:SPQ) push to build a copper mineral resource inventory...

Stockhead SPQ 4 months ago
Superior set to drill out big QLD copper target

Mineral exploration company, Superior Resources has unleashed the drill rig at its Bottletree copper prospect in QLD to test the core of a large geophysical anomaly where previous drilling on its northern margins hit an eye-catching 292m in...

The West SPQ 4 months ago
Gold Digger: Where do we go from here?

It’s been a frustrating few months for gold bulls. As an investment hedge, gold shines during periods of poor or volatile market sentiment. It loves drama like pandemics, civil wars, or the unprecedented failure of the Lehman Brothers in 20...

Stockhead SPQ 4 months ago
Market backs Superior in oversubscribed $1.26m raise

ASX-listed junior gold explorer Superior Resources has passed the hat around for $1.26 million to fund exploration at its fast-moving Steam Engine gold project and Bottletree copper deposit in Queensland.

The West SPQ 4 months ago
Gold Digger: Is sentiment slowly returning to the gold space?

Gold continues to consolidate around $US1,800/oz which, if we went back in time to July 2020, would be cause for celebration. Back then $US1,800/oz was an eight-year high and bullish sentiment was nudging even the shittiest exploration stoc...

Stockhead SPQ 4 months ago
Closing Bell: Late buyers save the ASX from its biggest daily fall of the year

After treading water since the start of September, the ASX 200 took a dive in Thursday trade to finish 1.90% lower. Stocks lost ground at the opening bell and kept falling throughout the day, with steady falls across the board. Local stocks...

Stockhead SPQ 4 months ago
Closing Bell: Gold hits galore, Bitcoin gets the blues, and banks rally as yields rise

It was a busy day for small cap investors in resources and energy, as a number of junior explorers ripped higher following big announcements. Those gains stood out amid another mediocre session for the broader index, as the ASX continues to...

Stockhead SPQ 4 months ago
Superior extends gold mineralisation in North Queensland

New assay results from a further eight reverse circulation holes through Superior Resources’ Steam Engine prospect have got pulses racing at the company, with impressive gold grades including 7 metres at 3.7 g/t gold which contained 4m at 5...

The West SPQ 4 months ago
Gold Digger: Northern Star’s share price down 30pc for FY21, despite posting $1bn profit

Gold bugs would be breathing a sigh of relief this week as the price stabilises just shy of $US1,800/oz ($2,463/oz Aussie) thanks to Monday’s healthy 1.5% gain. While there are plenty of other red hot sectors attracting investor dollars rig...

Stockhead SPQ 4 months ago
Gold about to hit next leg of bull market and stocks are cheap, expert says

The gold price itself had 12 months of consolidation. Now we are entering a new stage of a bull market which Barry Dawes of Martin Place Securities believes “will take it much, much higher”. In the big scheme of things, the pullback we have...

Stockhead SPQ 5 months ago
Superior strikes gold with first drill hole near Townsville

Superior Resources has delivered a 10m gold intercept going 2.8 g/t gold near its 122,000-ounce Steam Engine gold deposit at its Greenvale project in Queensland, prompting the company to launch into another 5,000m of drilling aimed at growi...

The West SPQ 5 months ago