FINANCE VIDEO: Superior Lake Resources Ltd. - Maiden Zinc Resource Exceeds Expectations

Perth, July 4, 2018 - Superior Lake Resources (ASX:SUP) has announced a maiden JORC resource for its Superior Lake Zinc Project ('the Project') in Ontario, Canada that ranks it as one of the highest-grade zinc projects in the world. Highlights of the announcement include the following.

- Maiden JORC (2012) resource of 2.15 Mt at 17.7% Zn, 0.9% Cu, 0.4 g/t Au and 33.5 g/t Ag.

- Over 90% of the resource is in the Indicated category, which has accelerated a re-start study.

- The resource is based entirely on historical drilling.

- Numerous brownfield exploration targets have been identified close to the existing resource.

Analyst comments: this achievement has exceeded expectations with respect to grade and size, as well as resource classification. What's even more impressive is that the resource, which is based entirely on historical drilling, has been announced within 6 months of Superior Lake taking control of the asset.

The standout feature of the announcement is clearly the grade - the Project boasts not only the highest zinc grade for any on the ASX (resource greater than 1Mt) but also in the world.

And, while that grade is both impressive and important to the Project's long-term viability, the size and amount of ore classified in the indicated category are also critical, in that they significantly reduce the development timeline; indeed, it's possible that no further drilling will be required to complete at least an initial development study (scoping study) in the near term.

That said, with mineralisation open at both deposits and numerous additional brownfield targets identified, it seems likely the resource could increase when Superior Lake's inaugural drilling program - the first at the Project in more than 20 years - commences in coming months.

To view the video, please visit:
http://www.abnnewswire.net/press/en/93731/SUP


About Superior Lake Resources Ltd

Superior Lake Resources Ltd (ASX:SUP) engages in the exploration and development of mineral prospects in Australia and Canada. It primarily explores copper, zinc, gold, and other base metals. The company holds interests in the Pick Lake Zinc project covering 47.5 square kilometers of area located in northwest Ontario; and the Winston Lake Project covering 4.5 square kilometers of area located in northwest Ontario. It also holds interests in the Leonora Project located in the Eastern Goldfields Province of the Archaean-aged Yilgarn Craton of Western Australia; and the Mt Morley Project covering 50 square kilometers of area located in Western Australia. The company was founded in 2009 and is based in Perth, Australia. Superior Lake Resources Limited is a subsidiary of Add New Energy Investment Holdings Group Limited.


About The First Mover

The First Mover identifies and explains early stage ASX investment opportunities that we believe have a significant long term upside for investors.


About The Sophisticated Investor

The Sophisticated Investor
The Sophisticated Investor is a new equity investment tool which seeks to assist investors in becoming more informed in their investment decision making. We show and tell investors about a company in a series of short, informative videos. We possess specialist equity analyst skills and are complemented by video professionals. We conduct site visits and interview management, in a way most investors simply aren’t able to access. We promote long term value creation for investors by employing detailed financial analysis and intrinsic value calculations.

Customer notice
Adam Kiley trading as The Sophisticated Investor ('TSI'), (AR No. 458224), is an authorised representative of Intelligent Financial Markets Pty Ltd (AFSL No. 426359). The information contained in this communication is intended as general advice only. Your personal objectives, financial situation and needs have not been taken into consideration. Accordingly, you should consider how appropriate the advice is (or is not) to your objectives, financial situation and needs before acting on the advice. The information in this communication should not be the only trigger for your investment decision. We strongly recommend you seek professional financial advice whenever making financial investment decisions.

Conflict of interest
TSI does and seeks to do business with companies featured in its articles and videos. As a result, investors should be aware that TSI may have a conflict of interest that could affect the objectivity of some articles or videos. Investors should consider TSI articles and videos as only a single factor in making any investment decision. The publishers also wish to disclose that they may hold stock in some companies featured in their articles and videos, and that any decision you make to purchase the stock of a company TSI profiles should be made only after you have initiated your own enquiries as to the validity of any information contained in those articles and videos.

Publisher's note
TSI will only initiate coverage of a company that passes our internal investment checklist. Once a company has passed this checklist, we will initiate coverage of that company and follow up with ongoing updates and commentary on its activities. Articles and videos produced and published by TSI are NOT Research Reports in terms of ASIC Regulatory Guide 79.



Contact

Adam Kiley, Director
TSI Capital Pty Ltd
E: adam.kiley@tsicapital.com.au