Superior Copper Corporation ("Superior Copper" or the "Company") (TSX
VENTURE:SPC) is pleased to announce that it has staked 22 claims covering 3,973
hectares adjacent to its 100% owned Coppercorp Project in the Mamainse Point
area, located approximately 85 kilometres north of Sault Ste. Marie, Ontario.
The addition of the new claim block increases the Company's current land
position at its Coppercorp Project to 15,789 hectares or 158 square km. See
attached map for reference.


Project Update

Superior Copper plans to focus its exploration efforts on targeting areas with
the most potential of a significant new discovery. Models being considered
include Iron-Oxide-Copper-Gold ("IOCG") type deposits in the Proterozoic
Keewenawan Supergroup and ultramafic hosted Nickel-Copper-Platinum Group Element
types in the adjacent Archean. 


The IOCG model will be targeted due to similar mineralogical, geological,
tectonic, alteration and geophysical characteristics found in the IOCG family
type deposits similar to the large deposits in southeast Australia (Olympic Dam,
Ernest Henry, Prominent Hill) and the Carajas District in Brazil. Of
significance at the Coppercorp Project is a large 5 x 5 km regional magnetic
high with coincident gravity anomalies. This same geophysical correlation has
led to many of the discoveries of IOCG-type deposits around the world. Mamainse
Point has been identified as prospective for IOCG-type deposits by previous
companies (Falconbridge Ltd./Intrepid Minerals Corp.), however drilling to date
has been minimal and shallow, 2 holes less than 225 meters vertical each and no
drilling has explained the magnetic or gravity highs. 


The Olympic Dam deposit, which has hosted 9 billion tonnes of 1.6% copper, 0.6
kilograms per tonne uranium-oxide, 0.6 g/t gold, and 6 g/t silver was discovered
335 m below flat lying sediments after targeting a coincident magnetic-gravity
high anomaly. Superior Copper has commissioned Geotech Ltd. to fly an airborne
ZTEM survey in March 2014, which will aid in targeting these deeper-seated
IOCG-type deposits. 


The ultramafic intrusion hosted Nickel-Copper-Platinum Group Element model is
based on deposits found around the edges of Lake Superior Mid Continental Rift.
Model types include the Eagle Mine in Michigan (5.3 million tonnes ("mT") 3.1%
nickel and 2.5% copper), the Tamarack discovery in Minnesota (9 mT of 1% nickel
and 0.7% copper, the Marathon Coldwell Complex in Ontario (91 mT with 2.4
million ounces ("oz") palladium, 696,000 oz platinum, 251,000 oz gold, 497
million pounds copper and 4.2 million oz silver) and more recently the PGE
discovery by Transition Metals Corp. at their Sunday Lake Project north of
Thunder Bay. 


Typically these deposits are characterized by circular magnetic highs that may
represent pipe-like conduits that host mineralized magma deposited during
intracontinental rifting events. A number of these similar magnetic features
have been identified on the Superior Copper claim group from historical
geophysical data but have failed to be recognized as a potential target by
previous companies.


"The project now covers the majority of prospective geology at Mamainse Point,
Ontario giving Superior Copper control over this exciting exploration play. Our
geologists are working diligently on targeting two deposit model-types, both of
which have the potential to result in a significant new discovery," said
President and CEO John Tait.


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. Its primary land position is its 100% owned Coppercorp Project which
covers 15,789 hectares or 158 square km in the Mamainse Point area, located
approximately 85 km north of Sault Ste. Marie, Ontario.


For more information about the Company, please visit www.superiorcopper.ca. 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


To view the map associated with this press release, please visit the following
link: http://media3.marketwire.com/docs/CoppercorpMAP06.pdf. 


Shares Outstanding: 101,606,284

FOR FURTHER INFORMATION PLEASE CONTACT: 
Superior Copper Corporation
John Tait
President and CEO
416-628-5905
jtait@superiorcopper.ca
www.superiorcopper.ca

SPC Nickel (TSXV:SPC)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more SPC Nickel Charts.
SPC Nickel (TSXV:SPC)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more SPC Nickel Charts.