Northern Superior Resources Inc.

Published : October 18th, 2017

Northern Superior Announces High Grade Assay Results, Big Dam Boulder Trains, Ti-pa-haa-kaa-ning Gold/ Silver/ Copper Property

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Northern Superior Announces High Grade Assay Results, Big Dam Boulder Trains, Ti-pa-haa-kaa-ning Gold/ Silver/ Copper Property

SUDBURY, ON / ACCESSWIRE / October 18, 2017 / Northern Superior Resources Inc. (''Northern Superior'' or the ''Company'') (SUP.V) (NSUPF) is pleased to release the following summary of high grade gold and silver assay results from boulder sampling programs completed in 2010, 2011 and 2017 on the Big Dam portion of the Company's 100% owned Ti-pa-haa-kaa-ning (''TPK'') gold/silver/copper property in north-central Ontario. The reader is reminded that the Big Dam portion of the property contains a previously defined gold grain-in-till dispersal apron. This apron is directly associated with the boulder trains described in this release (see Northern Superior press release, June 21, 2010).

Highlights of the Big Dam Boulder Sampling Programs

  • Assay results range up to 94.2 g/t gold;
  • Assay results that range up to 190 g/t silver; and
  • Numerous gold and silver targets have been identified.

Summary of Sampling Program:

1) Recovery of several highly anomalous gold-bearing boulders.
Of the 842 boulders sampled within the Big Dam portion of the TPK property (484 in 2010, 103 in 2011, and 255 in 2017):

  • Nearly two-thirds of the boulder samples (543 samples representing 64.5%) contained anomalous gold values (> 50 ppb gold);
  • 106 of the samples (12.6%) contain > 1.0 g/t gold; and
  • 3 of the samples (0.4%) contain > 34.3 g/t (1 oz/ton) gold.

The highest gold assay values from each year of prospecting in the Big Dam area compare very favorably with the highest reported gold-bearing boulder assays associated with Agnico Eagle's Meliadine gold property, which have proven and probable reserves of 3.335 million ounces of gold based on 13.94 million tonnes at an average grade of 7.44 g/t gold (see Agnico Eagle Mines ''Updated Technical Report on the Meliadine Gold Project, Nunavut, Canada,'' February 11, 2015, listed on SEDAR). Table 1 compares Northern Superior's highest boulder assay results from the Big Dam area with those of the Meliadine gold property.

2) Numerous gold mineralization targets identified within the Big Dam area of the TPK property.
Figure 1 shows the distribution of targets identified by highly anomalous gold-bearing boulders on the property.

Highlighted Big Dam Gold Assays

Highlighted Meliadine Gold Assays

Year

Boulders

Gold
g/t

Year

Boulders

Gold

Collected

Collected

Collected

Collected

g/t

2010

484

94.2

2010

209

27.9

2011

103

14.0

2011

87

6.81

2017

255

24.7

2013

675

65.6

2014

248

14.4

Table 1: Comparison, highlighted gold assay results, Big Dam portion of the TPK property vs. those reported, Meliadine gold property (see Agnico Eagle Mines Technical Report, February 11, 2015).

To view Figure 1, please click here.

Figure 1: Gold mineralization targets as defined by the distribution of gold-bearing boulders, Big Dam area of the TPK property.

3) Recovery of numerous highly anomalous silver-bearing boulders.
Of the 842 boulders sampled within the Big Dam portion of the TPK property (484 in 2010, 103 in 2011, and 255 in 2017):

  • 37 of the samples (4.4%) contain > 1 g/t silver;
  • 5 of the samples (0.6%) contain > 10 g/t silver; and
  • 3 of the samples (0.4%) contain > 25 g/t silver.

4) Numerous silver mineralization targets identified within the Big Dam area of the TPK property.
Figure 2 illustrates the distribution of targets associated with highly anomalous silver-bearing boulders on the Big Dam property.

To view Figure 2, please click here.

Figure 2: Silver mineralization targets as defined by the distribution of silver-bearing boulders, Big Dam area of the TPK property.

Dr. T.F. Morris, President and CEO of Northern Superior states, ''This press release is intended to complement the recently released TPK Annex boulder assay data (see Northern Superior Press Release, October 11, 2017). As reported previously for the Annex portion of the TPK property, numerous high quality gold and silver targets are also found in the Big Dam portion of the TPK property, as outlined by boulder sampling completed in 2010, 2011 and 2017.''

Dr. Morris further states, ''Gold and silver mineral targeting will be further refined by combining the boulder assay data with: 1) till heavy mineral and geochemical data (associated with the Big Dam gold grain-in-till dispersal apron); 2) a re-evaluation of existing geophysical data; and 3) re-interpretation of the structural setting for mineralization on the property based on re-logging of drill core from 2010 and 2011 drill programs (see Northern Superior Press Release, September 14, 2017). Northern Superior looks forward to presenting these refined targets in the near future.''

About Northern Superior Resources Inc.

Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP, and the OTCQB Venture Market under the symbol NSUPF. The Company is currently focused on exploring its 100% owned Croteau Est (Québec) and Ti-pa-haa-kaa-ning (north-central Ontario) properties. Northern Superior is currently looking to option out its other 100% owned mineral properties in Québec and north- central Ontario.

Qualified Person

The Company's Qualified Person (''QP'') for the TPK property is Ron Avery (P.Geo.). As the QP for the TPK Project, Mr. Avery has approved information disclosed in this press release.

For further information, please visit the Company's website at www.nsuperior.com, or contact:

Thomas F. Morris P.Geo., PhD., FGAC
President and CEO
Tel: (705) 525 - 0992
Fax: (705) 525 - 7701
e-mail: info@nsuperior.com
www.nsuperior.com

Cautionary Note Regarding Forward-Looking Statements

This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words ''may,'' ''would,'' ''could,'' ''will,'' ''intend,'' ''plan,'' ''anticipate,'' ''believe,'' ''estimate,'' ''expect,'' and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

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

SOURCE: Northern Superior Resources Inc.

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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$ 197.5 millions as of today (US$ 157.9 millions, € 148.1 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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