OUR PROJECTS/

VICTOR Project

Superior’s “next Mount Isa,” the Victor Project comprises four exploration permits covering a total area of 438 sq km. This Tier 1, lead-zinc exploration project is located within the Carpentaria Zinc Province in north-west Queensland and is considered an industry-leading opportunity to discover a world-class, Mount Isa-style zinc-lead-silver-copper deposit.

Project Outline

Superior’s “next Mount Isa” the Victor Project comprises four exploration permits covering a total area of 438 sq km. This Tier 1-potential, lead-zinc exploration project is located within the Carpentaria Zinc Province in north-west Queensland and is considered an industry-leading opportunity to discover a world-class, Mount Isa-style zinc-lead-silver-copper deposit.

Work conducted by the Company indicates that stratigraphy prospective for the discovery of Mount Isa-style deposits is likely to be present under moderate sedimentary cover within the Victor Project area. This area is relatively unexplored. Superior’s exploration strategy is based on the mechanism of geochemical “leakage” of key metals (lead, zinc and copper) from a deeper Proterozoic mineralised basement source into the younger overlying sediments.

Victor
Victor
Diagrammatic representation of the ‘leakage’ concept. Superior believes that ‘leakage’ from Proterozoic deposits into the overlying cover rocks may be one of the best methods of targeting prospective areas for Mount Isa-style deposits under younger sediments.

Geochemical Leakage into Surrounding Rocks and Overlying Cover

Superior understands that there are two important types of “leakage”:

  1. The formation of major metal deposits is accompanied by “leakage” of metals at the time of formation into the surrounding area resulting in “halo” anomalies/mineralisation. At Mount Isa a subtle lead anomaly extends along the faults/stratigraphy well beyond the ore These anomalies are recognisable in regional geochemical images; and
  1. It is apparent that lead and zinc (and probably copper) are remobilised into rocks above deposits, post deposit The lead-zinc within Cambrian cover sediments at Century and Grevillea support this statement. The large lead-zinc anomaly at the Victor Project makes this an area potentially hosting large Proterozoic deposits below the Cambrian cover in which the anomaly is developed.

 

Historical Airborne Surveys

The north-west Queensland area is blessed by almost complete coverage by airborne magnetics and radiometrics. In addition to this coverage there are numerous historical airborne EM surveys available which have been largely ignored by explorers.

Superior has acquired most of the EM surveys in digital form and processed a number of surveys to produce conductivity sections. Many of the surveys contain anomalies over conductive graphitic sediments which makes interpretation for mineralisation difficult.

However, the surveys provide a view of the stratigraphy in covered areas. As mineralisation is often associated with graphitic sediments the location of these conductive units can assist the delineation of prospective areas.

Victor
Imaging of historical stream and soil geochemical values highlights the Victor Project area because of strong lead and zinc anomalies. This image shows that zinc anomalies are associated with other areas of significant mineralisation including Mount Isa, Lady Loretta, Century and Grevillea. The size and intensity of the Victor Project lead and zinc anomaly is similar to Mount Isa.
Victor
Soil lead geochemical anomalies coincident with deeper large basement structures.

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