Superior Resources Limited announced that BTDD005 is collared 300 metres to the west southwest of BTD004 and designed to drill towards the east northeast, directly below BTDD004. Due to ground conditions, the hole deviated significantly (by about 150m) towards the south. The total depth of BTDD005 is 933.6 metres.

Copper sulphide mineralisation was observed visually over almost the entire length of the hole. Drilling during 2021 (BTDD001, BTDD003 and BTDD004) clearly indicated that extensive and strong, potential porphyry style copper mineralisation, lies to the west of an intense induced polarisation (IP) chargeability anomaly. The large zone of mineralisation that was intersected by each of the 2021 holes is thought to represent the distal rim zone to one or more mineralised porphyry systems. BTDD005 is one of several planned holes forming a fence line of holes westwards from BTDD004 for the purpose of identifying mineralised porphyry intrusions, porphyry zonation indicators and additional zones of mineralisation potentially nearer to a porphyry core.

The hole was also designed to test the northern part of an oval Cu-Au-Ag with local Mo geochemically anomalous zone, potentially related to the core of a mineralised porphyry system. Based on a revised 3D IP chargeability model, significant copper mineralisation was not expected in BTDD005 above about 500m down hole depth. However, varying degrees of vein and disseminated mineralisation was nevertheless encountered.

Structural and mineralogical vectoring information identified in drill core from BTDD005 and BTDD004 have provided critical directional and mineralisation system zonation information as vectors to discovering the source intrusions responsible for the copper mineralisation. Initial indications are that several intrusive sources are potentially present at Bottletree: Dacite porphyry intrusions intersected in the drill holes have contributed to at least some of the copper mineralisation in the strongly mineralised distal copper zone. To date, these intrusions have relatively low volumes of chalcopyrite, but are likely to originate from a nearby, larger dacite intrusion likely to be carrying more significant mineralisation.

Dacite porphyry intrusions appear to be more prevalent to the north (in BTDD005) compared to the southern and eastern areas, where later tonalite intrusions are present (BTDD001, BTDD003 and BTDD006) and may have stoped out mineralised dacite porphyry; Large high priority IP chargeability anomaly (Porphyry Target G) located 500 metres to the northwest of BTDD005. As a result of observations from mineralisation within BTDD004, 3D remodelling of MIMDAS IP chargeability data has resulted in a chargeability model that better conforms to the mineralisation observed in drill core. The new 3D model also highlighted a major chargeability anomaly located about 500 metres to the northwest of BTDD005 (Porphyry Target G).

Porphyry Target G is significant in size and is supported by aerial magnetics as an intrusion feature, geochemical zonation and a rim of surface phyllic alteration partly surrounding the anomaly. Importantly, the chargeability responses defining this anomaly are similar to the moderate chargeability response levels of the strongly mineralised distal copper zone. In contrast, the original IP chargeability anomaly exhibits significantly higher chargeability responses.

Additionally, mineralised structures within BTDD005 (being the closest drill hole) show a predominant dip direction to the northwest and west, which contrasts with a predominant southeast dip direction of mineralised structures observed within BTDD004 collared a further 300 metres to the east; Deeper dacite or other porphyry intrusive body, evidenced by thin phlogopite veins with cores of chalcopyrite in BTDD004 (Porphyry Target A); and Large IP chargeability anomaly in the south eastern part of the Bottletree area (Porphyry Target B). Structural vectoring of mineralised vein sets in BTDD001 and BTDD004 indicate a strong south to south- easterly source. At this stage, it is unclear whether the main source of the copper is the dacite porphyry or a different porphyry.

Distal Copper Zone intersected in BTDD005 BTDD005 is collared 300 metres to the west southwest of BTD004 and designed to drill towards the east northeast, directly below BTDD004. As a result of ground conditions, BTDD005 deviated approximately 150m to the south of the strongly mineralised copper zone in BTDD004, which averaged 224m @ 0.40% Cu, within an overall 632m @ 0.21% Cu, including 103m @ 0.53% Cu and 0.05g/t Au 2. Despite the deviation, the down-dip continuation of the strongly mineralised copper zone appears to have been intersected from about 500m to 750m down hole. The mineralisation is developed as sulphide veining mostly associated with quartz as well as disseminated pyrite-chalcopyrite.

Most of the copper (chalcopyrite) appears in dacite and andesite as veins and disseminations of pyrite-chalcopyrite and locally with molybdenite. Some mineralisation is developed in pyritic sheeted veins.