Northern Superior Resources Inc.

Published : August 25th, 2009

Four Gold Showings Discovered on Thorne Lake Property, Northwestern Ontario

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Keywords :   Diamond | Gold | Gold Mine | Nickel |






 

FOUR GOLD SHOWINGS DISCOVERED ON THORNE LAKE PROPERTY, NORTHWESTERN ONTARIO, NORTHERN SUPERIOR INITIATES DRILL PROGRAM

Sudbury, Ontario (August 24th, 2009): Northern Superior Resources Inc. (“Northern Superior” or the “Company”) is pleased to announce the discovery of four gold showings on its Thorne Lake gold property.Northern Superior and partner International Nickel Ventures Corporation (“INV”) have initiated a Diamond drill program to test all four showings during the third quarter.

Dr. T.F. Morris, president and CEO commented: “The discovery of these four gold showingsalong an approximately 2 km strike length is an exciting development for our exploration program. All four showings were discovered at the head of, or within the vicinity of, the most westerly of three gold grain-in-till dispersal trains defined on the property in the Fall of 2008 (see press releases, January and July 2009). The Diamond drill program will consist of approximately 1,500 m and will focus on these showings, but will also test other areas of potential gold mineralization that may be contributing to this dispersal train.”

A program of overburden sampling, completed in July 2009, was designed to better define the three gold grain-in-till dispersal trains discovered in the Fall of 2008, particularly the heads of the trains where the source of gold is thought to occur. Geological mapping, bedrock sampling and prospecting completed concurrently with the overburden sampling program concentrated on the area around the heads of the 2008 dispersal trains. Assay results of seventy two (72) grab samples collected from a series of outcrops discovered from these areas, returned anomalous gold values (>100pb, 14 samples). The distribution of these outcrops and related anomalous gold values define an approximately 2 km long zone oriented approximately 110o. The samples that returned grades greater than 1 g/t gold (Au) are listed in the table below. Gold Showings 1, 2, and 3 appear to occur along roughly the same structure, but Gold Showing 4 is located on a parallel structure approximately 300 m to the south. Gold mineralization is hosted by quartz veins occurring within a sequence of northwest striking mafic metavolcanic rocks intruded by weakly foliated gabbro, granodiorite, and hornblende granodiorite sills. The hornblende granodiorite sills are not directly associated with the quartz veins but could be associated with the development of the structures along which the veins were emplaced, and may be related to the sanukitoid Ellard Lake pluton that intrudes the greenstone belt west of the property.

Gold Showing

Au/t

Ag/t

Sample

Host

1

2.66

10.6

Quartz vein

Mafic metavolcanic rocks, the vein maybe isoclinally foldedwithin the narrow shear

2

3.54

0.62

Quartz vein

Mafic volcanic rocks intruded by hornblende granitic sills; vein traced for over 40 m until lost under soil cover

3

1.23

0.34

Quartz vein

Mafic metavolcanic rocks intruded by hornblende granodiorite sills; vein traced for over 20 m until lost undersoil cover

4

4.17

1.77

Quartz vein

Weakly foliated coarse- grained gabbro, intruded by ahornblende granodiorite sill

These newly discovered gold showings are approximately 17 km west of the past-producing Sachigo River gold mine, which produced 52,560 ounces of gold at an average grade of 1.1 ounces of gold per ton (38.8 grams of gold per tonne) from quartz veins hosted by mafic metavolcanic rocks. The mafic metavolcanic rocks at the mine are intruded by gabbro and intermediate sills, and a small sanukitoid pluton is located south of the mine. This geological environment is similar to the geology observed on the Thorne Lake property.

One hundred (100) of the 216 till samples submitted from the July 2009 sampling program are still being processed. However, preliminary data received to-date more clearly defines the most westerly of the three gold grain-in-till trains. The distribution of pristine gold grains suggests that there may be at least two additional sources of gold mineralization contributing gold grains to this dispersal train. In addition, a single anomalous gold grain value (161 pristine out of 186 total gold grains) occurs down-ice and in the vicinity of Gold Showing 3 and a fourth dispersal train extends down-ice from the area associated with Gold Showing 2. Additional prospecting will be conducted during the Fall drill program to further investigate the relationship of these anomalous till gold grain values and their source(s), and any other trains or anomalous gold grain values defined by the unprocessed samples.

The Thorne Lake Gold Property (“the Property”) is located approximately 80 kilometers north of the First Nation of Sachigo Lake in northwestern Ontario. An additional 11 mining claims were added to the Property during this phase of exploration. The Property is now composed of 41 mining claims consisting of 672 units covering 10,752 hectares.

Donald Boucher (P.Geo.) is the Northern Superior Resources Qualified Person for this project. As QP, he has supervised the preparation of the scientific or technical information for the property and has verified the data disclosed in this press release.

INV entered into an option agreement with Northern Superior in May 2009 (see press release May 28th, 2009). Under the terms of the agreement, INV may earn a 50% interest in the Property by funding $1.5 million in exploration expenditures over four years, with a first year commitment of $500,000. Upon INV completing its funding obligations, a joint venture will be formed with INV and Northern Superior both holding a 50% interest in the property. During the earn-in period, Northern Superior will remain the operator of the exploration project. INV may elect to sole-fund additional work programs, after earning its 50% interest, through to the completion of a pre-feasibility study to earn a maximum 60% interest.

About Northern Superior

Northern Superior Resources Inc. is a junior exploration company whose focus is exploring for gold on the Superior Province of the Canadian Shield. The Company is a reporting issuer in British Columbia, Alberta, Ontario and Quebec, and trades on the TSX Venture Exchange under the symbol SUP.

For further information contact:

Thomas F. Morris

President and CEO

Tel: (705) 525 -0992

Fax: (705) 525- 7701

e-mail: info@nsuperior.ca

www.nsuperior.com

This news release includes certain “forward-looking statements”. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization, exploration results and future plans and objectives of Northern Superior are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Northern Superior’s expectations are exploration risks detailed herein and from time to time in the filings made by Northern Superior with securities regulators.

Neither the 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.

 

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Northern Superior Resources Inc.

EXPLORATION STAGE
CODE : SUP.V
ISIN : CA6658041000
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Northern Superior Resources is a gold exploration company based in Canada.

Northern Superior Resources holds various exploration projects in Canada.

Its main exploration properties are BACHELOR LAKE, WACHIGABAU, THORNE LAKE, NORTH THELON URANIUM JV, VILLE MARIE DIAMOND, TI-PA-HAA-KAA-NING (TPK) and LESPERANCE in Canada.

Northern Superior Resources is listed in Canada and in United States of America. Its market capitalisation is CA$ 200.6 millions as of today (US$ 145.9 millions, € 137.1 millions).

Its stock quote reached its highest recent level on September 19, 1997 at CA$ 9.60, and its lowest recent point on February 12, 2016 at CA$ 0.01.

Northern Superior Resources has 318 489 984 shares outstanding.

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Annual reports of Northern Superior Resources Inc.
2008 Annual report
Nominations of Northern Superior Resources Inc.
7/2/2013John Pollesel Joins Northern Superior’s Board of Directors
11/12/2012Fred Lecoq Joins Northern Superior's Board of Directors
Project news of Northern Superior Resources Inc.
1/21/2016Northern Superior expands its understanding and definition o...
2/28/2014Bold Ventures Signs Letter of Intent with Northern Superior ...
2/26/2014Reports New Gold-Bearing Shear Zones And Showings, Grizzly G...
11/12/2013Exploration Update Croteau Est West-Central Quebec
5/27/2013Agrees to Acquire Waconichi Gold Property, Chibougamau Gold ...
11/8/2012Intersects 25.8 g/t Gold Over 1.85m and Expands Croteau Est ...
9/12/2012Intersects High Grade Gold Zones and Expands Croteau Est Gol...
3/1/2012Reports Results from Gold-bearing Shear Zones, (Including 12...
1/11/2012Intersects Mineralized Porphyry System, (0.83 g/t Gold; 3.07...
10/12/2011N. Superior reports high grade gold, Croteau Prop.
9/21/2011N.Superior reports gold, Croteau Est Gold Property
4/14/2011(Ti-pa-haa-kaa-ning (tpk))Rainy River and Northern Superior Announce Initial Assays an...
2/4/2011(Ti-pa-haa-kaa-ning (tpk))and Northern Superior Announce Final Phase 1 Results and Com...
9/29/2010(Ti-pa-haa-kaa-ning (tpk))signs formal Option Agreement with Rainy River Resources
11/12/2009(Wachigabau)Additional Historical Gold Assay Results
10/29/2009(Thorne Lake)Intersects Gold-Bearing Shear Zones
9/16/2009(Ti-pa-haa-kaa-ning (tpk))Initiates Magnetic Gradiometer Survey
8/25/2009(Thorne Lake)Four Gold Showings Discovered on Thorne Lake Property, North...
7/8/2009(Thorne Lake)Explores for Source of Gold Grain-In-Till Dispersal Trains, ...
6/22/2009(Wachigabau)Initiates Wachigabau Exploration Program
Corporate news of Northern Superior Resources Inc.
8/2/2016Arthur Murdy Joins Northern Superior’s Board of Directors - ...
7/11/2016Bold Ventures and Northern Superior Announce Amber Drilling ...
6/23/2016Northern Superior Appeals Judgment Regarding its Action Agai...
5/25/2016Northern Superior Receives Litigation Judgement - 05/25/2016
5/3/2016Bold Ventures Mobilizes Drill to Amber Zone Gold Showing at ...
1/21/2016Northern Superior Expands its Understanding and Definition o...
1/14/2016Croteau-Est Gold Property Inferred Mineral Resource Estimate...
12/22/2015Northern Superior Resources Inc. Informed of Chalice Gold Mi...
12/22/2015Chalice’s Termination Announcement & NSR’s Response - 12/22/...
12/22/2015Chalice Gold Mines - Croteau Est Joint Venture Update
11/2/2015Grizzly Termination - 11/02/2015
11/2/2015Northern Superior Resources Announces Grizzly Property Optio...
10/7/2015Grizzly Gold Property Exploration Update - 10/07/2015
10/7/2015Northern Superior Reports Additional New Showing, Grizzly Pr...
10/5/2015Bold Ventures Completes Summer 2015 Gold Exploration Program...
10/5/2015Northern Superior's Plan to Keep Stakeholders Informed About...
9/29/2015Northern Superior Initiates Final Preparations for Trial Aga...
9/8/2015Litigation Update - 09/08/2015
9/8/2015Northern Superior Initiates Final Preparations for Trial Aga...
7/22/2015Northern Superior Initiates Next Generation Exploration Prog...
7/22/2015Northern Superior Initiates Next Generation Exploration Prog...
7/20/2015Chalice Gold Mines - June 2015 Quarterly Report and Cashflow...
4/23/2015Northern Superior Provides an Update on Its Litigation Again...
4/21/2015Chalice expands North American presence with farm-in deal on...
4/21/2015Northern Superior Resources Inc. and Chalice Gold Mines Limi...
3/13/2015s Board Committees and Management Responsibilities
3/13/2015Northern Superior Resources Inc. Updates Board Committees an...
2/17/2015Bold Ventures Continues to Advance Lac Surprise Gold Potenti...
1/29/2014responds to Government of Ontario’s Statement of Defence
1/27/2014Lac Surprise Gold Property: An Excellent Opportunity In The ...
11/18/2013elaborates on legal action against the Government of Ontario...
10/25/2013commences legal action against the Government of Ontario
9/23/2013Recognized for Its Commitment to Progressive Aboriginal Rela...
7/16/2013Signs Option to Acquire 100% Interest in the Grizzly Gold Pr...
6/11/2013Signs Pre-Development Agreement with the Grand Council of th...
2/12/2013Initiates 2013 Drill Programs, Croteau Est/ Waconichi Gold P...
1/16/2013Continues to Intersect High Grade Gold Zones, Further Expand...
1/16/2013Continues to Intersect High Grade Gold Zones, Further Expand...
1/9/2013Ti-paa-haa-ka-ning, New Growth, New Growth Annex; A Renewed ...
12/10/2012Stock Options Issued
10/3/2012New Corporate Office
6/25/2012Drilling Discovers Gold Mineralization, New Growth Annex wit...
6/11/2012DRILLING EXPANDS CROTEAU EST GOLD DISCOVERY WITH GRADES UP T...
6/7/2012signs Option Agreement to acquire a 70% interest in Murgor R...
1/23/2012Intersects 32.6g/t Gold over 1.0 m, Rapson Bay Gold Property...
1/18/2012Rainy River Resources And Northern Superior Resources Announ...
1/11/2012Subject
12/19/2011Intersects Gold-Bearing Rock, Croteau Est Gold Property, Chi...
10/25/2011N. Superior Recovers Gold-Bearing Boulder
9/7/2011at The World Money Show, Toronto
5/9/2011at New York Hard Asset Conf.
2/20/2011N.Superior Ramps-Up Logistics for 2011 Expl. Prog.
2/20/2011Makes the “2011 TSX Venture 50”
2/4/2011Rainy River and Northern Superior Announce Final Phase 1 Res...
2/1/2011Increases Interest in Northern Superior Resources Inc.
1/31/2011Lake Shore Gold Increases Interest in Northern Superior Reso...
4/23/2010At Chicago Resource Expo.
4/6/2010Northwestern Ontario Prospectors Assoc. Meeting
3/5/2010Attends PDAC
1/15/2010Presenting at the Cambridge House Show, Vancouver
10/27/2009Defines Additional Gold Exploration Targets
6/19/2009adoption of Shareholders Rights Plan.
5/28/2009Signs Option Agreement with INV
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