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Superior Resources (ASX:SPQ) has been granted a trading halt by the ASX, pending details of a capital raising.
Superior Resources (ASX:SPQ) has estimated an early gold resource for its Tick Hill tailings project that will serve as a platform for a scoping study and re-commencing a processing operation at the project. The project is located 110 kilometres southeast of Mount Isa in northwest Queensland. The scoping study early could be completed as early as second quarter and a environmental permitting by the end of June 2016.