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Northern Superior Resources Inc.

Publié le 27 février 2018

Northern Superior's Ti-pa-haa-kaa-ning (TPK) Gold- Silver- Copper Project: Heavy Lifting Done- Drill Ready Targets Now Prepared for Additional Discoveries

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Mots clés associés :   9/11 | Copper | Exploration | Nation |

Northern Superior's Ti-pa-haa-kaa-ning (TPK) Gold- Silver- Copper Project: Heavy Lifting Done- Drill Ready Targets Now Prepared for Additional Discoveries

SUDBURY, ON / ACCESSWIRE / February 27, 2018 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (SUP.V) (NSUPF) has successfully completed a significant multi-disciplinary mineral exploration program on its 100% owned TPK property during the third quarter of 2017 (see Northern Superior Resources press releases: December 6, 2017; November 8, 2017; October 18, 2017; October 11, 2017). After an absence of any sustained follow-up exploration on the property for almost four years, Northern Superior has re-evaluated and revised its core hole drilling targets on both the Annex and Big Dam areas of the property (Figure 1). This was achieved through:

a) prospecting, boulder and till sampling programs;
b) re-evaluation of all geophysical data;
c) re-evaluation of key drill holes derived from a previous partners core drill program; and
d) integration and re-evaluation of all geoscientific information encompassing past and recently completed exploration on the property.

All exploration programs conducted by Northern Superior Resources are undertaken with the cooperation and assistance of Neskantaga First Nation under an Early Exploration Benefits Agreement.

KEY FINDINGS

  • Prospecting, boulder (191 samples) and till (290 samples) sampling programs within the Annex area of the property (see Northern Superior Resources press release, October 11, 2017):
  • Prospecting and boulder sampling (251 samples) in the Big Dam area on the property assisted in defining new targets for core hole drilling as well as refined the location of existing targets (Figures 5 and 6; see Northern Superior Resources press release, November 8, 2017; October 18, 2017).
  • Re-logging, sampling and petrographic studies of key drill core from historic drill programs completed within the Big Dam area by a former partner (see Northern Superior Resources press release, November 8, 2017):
  • A rigorous re-examination of all geoscientific information (till geochemistry data, boulder geochemistry, reverse circulation and existing core hole drilling aided by petrographic studies) provided new insight into the placement of drill hole collars for a forthcoming round of drill hole testing, thereby maximizing the Company's future chances of success.
  • Re-examination of all geoscientific also re-affirmed:
    - Extension of the Big Dam gold grain-in-till dispersal apron for an additional 29 km west across the property into the New Growth area, as defined by an arsenic-in-till anomaly that extends down-ice from, the related 35 km long east-west gold-bearing structure (Figure 7); and
    - Multiple discoveries, already made on the TPK property, both in drill core and from previous prospecting programs- many of these simply requiring a focussed core drill program to define size and grade of the associated mineralization (Table 1; see Northern Superior Resources press release, November 8, 2017).

T.F. Morris, President and CEO of Northern Superior Resources states, "All the heavy lifting required to ensure the success of the next phase of drilling on the TPK property is now complete. We are confident that the TPK property is now well positioned for the discovery of not one, but two regional, mineralized systems contained within the boundaries of the property, achievable only through focussed, well- funded and sustained drill programs."

A PowerPoint presentation providing the history and economic potential of the TPK property is available on the Company's website, Investor Presentations, "Investors Tab."

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, as well as on 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 (Northwestern Ontario) properties. The Company’s remaining properties (all 100% owned) in Québec and Northwestern Ontario are available for option.

Qualified Person

The foregoing scientific and technical disclosure has been approved by Ron Avery (P.Geo.), a Qualified Person ("QP") as defined by National Instrument 43-101. Mr. Avery is an independent consultant to Northern Superior and is the QP for the TPK property.

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) accepts responsibility for the adequacy or accuracy of this release.

Figure 1. The TPK property, illustrating: a) the Big Dam, New Growth and Annex portions of the property; b) location of year- round exploration camp; c) existing trail system from camp to key targets in the Big Dam area; and d) proposed trail from the camp to the current winter road.

To view the graphic, please click here

Figure 2. The Keely Lake gold grain-in-till dispersal corridor: 3.5 km wide by 13.5 km long), containing 10 kg basal till samples with gold grain values of up to 1,690 grains, of which 99.4% of the grains are classified as pristine. Embedded within this corridor are boulders that assay as high as 727 g/t gold, 111 g/t silver, and 4.05 % copper. Source of gold grains and mineralized boulders is a newly discovered greenstone belt.

To view the graphic, please click here

Figure 3. Gold targets, Annex area, as defined by the distribution and concentration of gold grains-in-till samples and gold- mineralized boulders.

To view the graphic, please click here

Figure 4. Silver and copper targets, Annex area, as defined by the distribution and concentration of silver and copper-mineralized boulders.

To view the graphic, please click here

Figure 5. Gold targets, Big Dam area, as defined by the distribution of gold-bearing boulders.

To view the graphic, please click here

Figure 6. Silver targets, Big Dam area, as defined by the distribution of silver-bearing boulders.

To view the graphic, please click here

Figure 7. Distribution of arsenic-in-till geochemistry within the Big Dam and New Growth areas. Note that anomalous arsenic samples clearly extend down- ice of the 35 km gold- bearing fault. This gold bearing structure is clearly defined in the Company's proprietary airborne magnetic surveys of the area. Also associated with this arsenic anomaly are till samples that area anomalous in gold.

To view the graphic, please click here

Table 1. Summary of press releases highlighting key previous discoveries on the TPK property.

Date

Press Release

Highlighted Discoveries

2012, June 8

Rainy River Resources and Northern

TPK-12-030: 59.60g/t Au; +92.30g/t Ag; +3.19% Cu/ 0.50m

Superior Resources announce

TPK-12-034: 16.15g/t Au/ 1.50m

completion of 2012 drill program at

TPK-12-040: 7.85g/t Au/ 0.80m

the TPK project

TPK-12-043: 8.85g/t Au/ 1.00m

2011, Dec. 6

Northern Superior Resources Inc.

Defined extension of the gold- bearing shear zone

defines the extension of the

from 6km to 35km east-west across the Big Dam

TPK gold-bearing shear zone onto

and New Growth areas of the TPK property

the New Growth property,

northwestern Ontario

2011, April 13

Rainy River and Northern Superior

TPK-11-013: 4.74g/t Au/ 6.84m

announce initial assays and the

TPK-11-013: 15.52g/t Au/1.50m

completion of diamond drilling at

TPK-11-013: 33.90g/t Au/ 0.50m

the TPK project

TPK-11-014: 3.63g/t Au/ 0.80m

TPK-11-015: 10.15g/t Au/ 0.40m

TPK-11-015: 3.11g/t Au/ 1.74m

2011, Feb. 4

Rainy River and Northern Superior

TPK-10-009: 6.90g/t Au/ 0.80m

announce final phase I results and

TPK-10-010: 1.80g/t Au/ 2.50m

commencement of winter drilling

Incl: 5.10g/t Au/ 0.50m

at the TPK project

TPK-10-011: 1.00g/t Au/ 2.40m

TPK-10-011: 1.50g/t Au/ 1.50m

TPK-10-011: 1.60g/t Au/ 1.40m

2010, Dec. 13

Rainy River and Northern Superior

TPK-10-004: 25.90g/t Au/ 13.50m

discover gold at TPK project:

Incl: 046.00g/t Au/ 0.50m

25.90g/t Au over 13.50m in

Incl: 139.40g/t Au/ 1.70m

TPK-10-004

Incl: 749.00g/t Au/ 0.30m

Incl: 127.00g/t Au/ 0.70m

TPK-10-005: 3.80g/t Au/ 1.20m

2009, Jan. 6

Northern Superior discovers new

Grab Sample: 3.34g/t Au

gold showing, gold- bearing

Grab Sample: 8.90g/t Au

ductile shear zones at TPK gold

project

2008, Aug. 6

Northern Superior Resources Inc.

CAN08-021: 1.03g/t Au/ 0.50m

provides update on TPK gold

CAN08-027: 3.44g/t Au/ 0.37m

property

CAN08-028: 1.10g/t Au/ 1.50m

CAN08-030: 3.34g/t Au/ 0.50m

CAN08-030: 1.05g/t Au/ 1.50m

2008, Jan. 21

Superior reports historical and

Grab Sample: 9.57g/t Au

current gold assay results from the

Grab Sample: 154.10g/t Au

TPK (Canopener) project,

Channel Sample: 42.24g/t Au/ 1.27m

northwestern Ontario

Historical DDH: 3.17g/t Au/ 1.30m

Historical DDH: 2.25g/t Au/ 1.50m

Historical DDH: 3.36g/t Au/ 2.59m

SOURCE: Northern Superior Resources Inc.

Lire la suite de l'article sur https:

Northern Superior Resources Inc.

EXPLORATEUR
CODE : SUP.V
ISIN : CA6658041000
Suivi et investissement
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Northern Superior Resources est une société d’exploration minière d'or basée au Canada.

Northern Superior Resources détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont BACHELOR LAKE, WACHIGABAU, THORNE LAKE, NORTH THELON URANIUM JV, VILLE MARIE DIAMOND, TI-PA-HAA-KAA-NING (TPK) et LESPERANCE au Canada.

Northern Superior Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 207,0 millions CA$ (151,6 millions US$, 141,6 millions €).

La valeur de son action a atteint son plus haut niveau récent le 19 septembre 1997 à 9,60 CA$, et son plus bas niveau récent le 12 février 2016 à 0,01 CA$.

Northern Superior Resources possède 318 489 984 actions en circulation.

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Rapports annuels de Northern Superior Resources Inc.
2008 Annual report
Nominations de Northern Superior Resources Inc.
02/07/2013John Pollesel Joins Northern Superior’s Board of Directors
12/11/2012Fred Lecoq Joins Northern Superior's Board of Directors
Projets de Northern Superior Resources Inc.
21/01/2016Northern Superior expands its understanding and definition o...
28/02/2014Bold Ventures Signs Letter of Intent with Northern Superior ...
26/02/2014Reports New Gold-Bearing Shear Zones And Showings, Grizzly G...
12/11/2013Exploration Update Croteau Est West-Central Quebec
27/05/2013Agrees to Acquire Waconichi Gold Property, Chibougamau Gold ...
08/11/2012Intersects 25.8 g/t Gold Over 1.85m and Expands Croteau Est ...
12/09/2012Intersects High Grade Gold Zones and Expands Croteau Est Gol...
01/03/2012Reports Results from Gold-bearing Shear Zones, (Including 12...
11/01/2012Intersects Mineralized Porphyry System, (0.83 g/t Gold; 3.07...
12/10/2011N. Superior reports high grade gold, Croteau Prop.
21/09/2011N.Superior reports gold, Croteau Est Gold Property
14/04/2011(Ti-pa-haa-kaa-ning (tpk))Rainy River and Northern Superior Announce Initial Assays an...
04/02/2011(Ti-pa-haa-kaa-ning (tpk))and Northern Superior Announce Final Phase 1 Results and Com...
29/09/2010(Ti-pa-haa-kaa-ning (tpk))signs formal Option Agreement with Rainy River Resources
12/11/2009(Wachigabau)Additional Historical Gold Assay Results
29/10/2009(Thorne Lake)Intersects Gold-Bearing Shear Zones
16/09/2009(Ti-pa-haa-kaa-ning (tpk))Initiates Magnetic Gradiometer Survey
25/08/2009(Thorne Lake)Four Gold Showings Discovered on Thorne Lake Property, North...
08/07/2009(Thorne Lake)Explores for Source of Gold Grain-In-Till Dispersal Trains, ...
22/06/2009(Wachigabau)Initiates Wachigabau Exploration Program
Communiqués de Presse de Northern Superior Resources Inc.
02/08/2016Arthur Murdy Joins Northern Superior’s Board of Directors - ...
11/07/2016Bold Ventures and Northern Superior Announce Amber Drilling ...
23/06/2016Northern Superior Appeals Judgment Regarding its Action Agai...
25/05/2016Northern Superior Receives Litigation Judgement - 05/25/2016
03/05/2016Bold Ventures Mobilizes Drill to Amber Zone Gold Showing at ...
21/01/2016Northern Superior Expands its Understanding and Definition o...
14/01/2016Croteau-Est Gold Property Inferred Mineral Resource Estimate...
22/12/2015Northern Superior Resources Inc. Informed of Chalice Gold Mi...
22/12/2015Chalice’s Termination Announcement & NSR’s Response - 12/22/...
22/12/2015Chalice Gold Mines - Croteau Est Joint Venture Update
02/11/2015Grizzly Termination - 11/02/2015
02/11/2015Northern Superior Resources Announces Grizzly Property Optio...
07/10/2015Grizzly Gold Property Exploration Update - 10/07/2015
07/10/2015Northern Superior Reports Additional New Showing, Grizzly Pr...
05/10/2015Bold Ventures Completes Summer 2015 Gold Exploration Program...
05/10/2015Northern Superior's Plan to Keep Stakeholders Informed About...
29/09/2015Northern Superior Initiates Final Preparations for Trial Aga...
08/09/2015Litigation Update - 09/08/2015
08/09/2015Northern Superior Initiates Final Preparations for Trial Aga...
22/07/2015Northern Superior Initiates Next Generation Exploration Prog...
22/07/2015Northern Superior Initiates Next Generation Exploration Prog...
20/07/2015Chalice Gold Mines - June 2015 Quarterly Report and Cashflow...
23/04/2015Northern Superior Provides an Update on Its Litigation Again...
21/04/2015Chalice expands North American presence with farm-in deal on...
21/04/2015Northern Superior Resources Inc. and Chalice Gold Mines Limi...
13/03/2015s Board Committees and Management Responsibilities
13/03/2015Northern Superior Resources Inc. Updates Board Committees an...
17/02/2015Bold Ventures Continues to Advance Lac Surprise Gold Potenti...
29/01/2014responds to Government of Ontario’s Statement of Defence
27/01/2014Lac Surprise Gold Property: An Excellent Opportunity In The ...
18/11/2013elaborates on legal action against the Government of Ontario...
25/10/2013commences legal action against the Government of Ontario
23/09/2013Recognized for Its Commitment to Progressive Aboriginal Rela...
16/07/2013Signs Option to Acquire 100% Interest in the Grizzly Gold Pr...
11/06/2013Signs Pre-Development Agreement with the Grand Council of th...
12/02/2013Initiates 2013 Drill Programs, Croteau Est/ Waconichi Gold P...
16/01/2013Continues to Intersect High Grade Gold Zones, Further Expand...
16/01/2013Continues to Intersect High Grade Gold Zones, Further Expand...
09/01/2013Ti-paa-haa-ka-ning, New Growth, New Growth Annex; A Renewed ...
10/12/2012Stock Options Issued
03/10/2012New Corporate Office
25/06/2012Drilling Discovers Gold Mineralization, New Growth Annex wit...
11/06/2012DRILLING EXPANDS CROTEAU EST GOLD DISCOVERY WITH GRADES UP T...
07/06/2012signs Option Agreement to acquire a 70% interest in Murgor R...
23/01/2012Intersects 32.6g/t Gold over 1.0 m, Rapson Bay Gold Property...
18/01/2012Rainy River Resources And Northern Superior Resources Announ...
11/01/2012Subject
19/12/2011Intersects Gold-Bearing Rock, Croteau Est Gold Property, Chi...
25/10/2011N. Superior Recovers Gold-Bearing Boulder
07/09/2011at The World Money Show, Toronto
09/05/2011at New York Hard Asset Conf.
20/02/2011N.Superior Ramps-Up Logistics for 2011 Expl. Prog.
20/02/2011Makes the “2011 TSX Venture 50”
04/02/2011Rainy River and Northern Superior Announce Final Phase 1 Res...
01/02/2011Increases Interest in Northern Superior Resources Inc.
31/01/2011Lake Shore Gold Increases Interest in Northern Superior Reso...
23/04/2010At Chicago Resource Expo.
06/04/2010Northwestern Ontario Prospectors Assoc. Meeting
05/03/2010Attends PDAC
15/01/2010Presenting at the Cambridge House Show, Vancouver
27/10/2009Defines Additional Gold Exploration Targets
19/06/2009adoption of Shareholders Rights Plan.
28/05/2009Signs Option Agreement with INV
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