TORONTO, ONTARIO--(Marketwired - June 3, 2014) - Superior Copper Corporation (TSX VENTURE:SPC) is pleased to announce the commencement of a 25,000 meter diamond drill program on its 100% owned Superior Copper Project, located 85 kilometers north of Sault Ste. Marie, Ontario. The first phase of drilling will commence on June 15th, 2014. The primary objective of the program is to test the potential for Iron Oxide Copper Gold ("IOCG") deposits. The Company has identified large geophysical magnetic highs with coincident gravity anomalies, copper-bearing hematitic breccias, as well as IOCG-type alteration patterns throughout the property. The Superior Property is also spatially associated with prominent structural features related to the Lake Superior Mid-Continental Rift ("MCR"). It is believed that the MCR has played a key role in the formation of numerous world-class copper and nickel-copper deposits around Lake Superior.
In April 2014, Superior Copper completed an airborne ZTEM (GeoTech) survey over the entire project area. Based on results, the ZTEM has complimented the magnetic and gravity geophysical signature of the property and has aided in drill target interpretation. The Superior Property has had no historic drilling deeper than 225 vertical meters.
About Superior Copper Corporation
Superior Copper Corporation 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 15,789 hectares or 158 square kilometers, and is located approximately 85 km north of Sault Ste. Marie, Ontario.
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.