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Northern Superior Resources Inc.

Publié le 22 juillet 2015

Northern Superior Initiates Next Generation Exploration Program: Wapistan Mineral Property, Québec - 07/22/2015

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Northern Superior Initiates Next Generation Exploration Program: Wapistan Mineral Property, Québec - 07/22/2015

Croteau_2015_Summer_Program (DAR mark-up) (00048760.DOCX;1)

NORTHERN SUPERIOR RESOURCES INC.

1351C Kelly Lake Road

Sudbury, Ontario, Canada

P3E 5P5

Tel: (705) 525- 0992

Fax: (705) 525- 7701

NEWS RELEASE - For Immediate Release

Northern Superior Initiates Next Generation Exploration Program: Wapistan Mineral

Property, Québec

Sudbury, Ontario, July 22, 2015 - Northern Superior Resources Inc. (TSXV:SUP) ("Northern Superior" or the "Company") is pleased to announce the initiation of the Company's next generation of exploration programs with the staking of the 100% owned Wapistan mineral property in Québec (Figure 1; www.nsuperior.com). The Wapistan mineral property is just one (1) of twenty two (22) Québec- based mineral properties, identified by the Company from a review of the Company's vast data base during the first quarter of 2015. The Company intends to introduce at least two (2) additional properties during the fourth quarter of 2015.
Dr. T.F. Morris, President and CEO of Northern Superior comments: "The acquisition of the Wapistan mineral property is a key component in setting the future for Northern Superior. As the Company has optioned out much of its current portfolio of properties (see press releases for Lac Surprise, April 10,
2014; Croteau Est April 21, 2015), it is imperative that the next generation of mineral properties be identified and acquired. The Wapistan mineral property ideally falls within the Company's exploration criteria of being a large, highly prospective, underexplored, low exploration cost property, located within a well- established exploration and mining camp that is situated in a favorable political jurisdiction, such as Québec. The Wapistan mineral property is the first of a series of mineral property acquisitions, and Northern Superior looks forward to this next phase of highly prospective, exploration opportunities."
The Wapistan mineral property is district in scale, consisting of 207 claims or approximately 10,408 hectares, covering over a 32 km strike length of a major structure developed in an Archean- aged volcanic-sedimentary package (Figure 1). This package enclosed within the Wapistan property hosts multiple gold and other precious metal occurrences (Table 1, Figure 1): in rocks similar to those associated with the Roberto Deposit (Goldcorp Inc.) and the Eau Claire Gold deposit (Eastmain Resources Inc.). This high potential corridor is characterized by intermediate to mafic volcanics,
metasediments and iron formation, providing a wide range of rheological and geochemically contrasting rock types in a strongly deformed setting. These units and associated major structures are typical throughout each of the major gold mining camps in the Canadian Shield. Geological interpretation from previous (but limited) exploration indicate that the Wapistan property is favorable for hosting Orogenic and Porphyry style mineralization within this emerging gold district.
In addition, the Wapistan mineral property is strategically located to take advantage of established infrastructure, significantly reducing exploration and development costs. The cross roads of two major
access routes in the region (Route de la Baie-James and Trans-taiga) occur within this property, while a key secondary road (Chemin de Wemindji; Figure 1), running directly adjacent to the property, provides access to the James Bay coast line. Proximal to the project are commercial airports and fixed wing water bases. Two high voltage power lines cross the property. Several communities occur within close proximity to the Wapistan property capable of providing support services.

About Northern Superior

Northern Superior is a junior exploration company exploring for gold in the Superior Province of the Canadian Shield. The Company is currently focused on exploring its Croteau Est, Lac Surprise and Grizzly properties in Québec. Northern Superior is currently looking to option out its 100% owned Ti-pa-haa- kaa-ning gold, silver copper property in Ontario and its 100% owned Ville Marie diamond property in Québec.
Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP.

For more information, please visit www.nsuperior.com

Thomas F. Morris, President and CEO Northern Superior Resources Inc.

Tel: (705) 525 ‐0992

Neither 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.

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.


Figure 1. Location of the Wapistan mineral property, Québec, illustrating the properties claim outline, associated geology and known mineral occurrences (refer to Table 1).

Showing

Name

Location, UTM

Related

Assay Values

Sample

Type

Publication

Source

Publication

Number

Showing

Name

Easting

Westing

Zone

Related

Assay Values

Sample

Type

Publication

Source

Publication

Number

Threegold-

ZoneA

317957

5888253

18

15.8 ppm Ag, 450 ppb Au

2.5 g/t Ag

15.4 g/t Ag, 1.42 g/t Au/ 1m

Grab

Grab

Channel

Sigeom

Sigeom

Sigeom

GM 57565

GM 57565

GM 63775

Lac Wapistan-

Ouest

324958

5892463

18

>1 g/t Au

1.4 g/t Au

Grab

Grab

Sigeom

Sigeom

GM 49933

GM 50181

Lac Wapistan

326576

5892416

18

1,8% Cu, 0.31 g/t Au

Grab

Sigeom

GM 49086

Poplar

335330

5896054

18

1850 ppm Cu, 752 ppm Ni, 5.6 g/t Ag

5.2 g/t Ag / 0.3m

4.9 g/t Ag/0.6m incl. 5.5 g/t Ag/0.3m

5.2 g/t Ag/ 1.5m incl. 7 g/t Ag/0.3m

600ppm Cu, 500ppm Pb, 230 ppm Zn, 316ppm

Ni, 7.2 g/t Ag

720ppm Cu, 600ppm Pb, 269ppm Zn, 760ppm

Ni, 6.6 g/t Ag

Grab Chip Chip Chip

Grab

Grab

Sigeom Sigeom Sigeom Sigeom

Sigeom

Sigeom

GM 57920

GM 57920

GM 57920

GM 57920

GM 57920

GM 57920

Know Bull

340126

5898841

18

8260 ppm Cu

Grab

Sigeom

GM 59618

GM 59625

Anomalie 3-40

341569

5901741

18

5.87% Zn, 0.55% Pb, 21.26 g/t Ag, 1.03 g/t Au /

0.61m

Channel

Sigeom

GM 10200

Lac

Shabudowan

342361

5905245

18

7.19% Cu, 15.4 g/t Ag / 3.05m

Chip

Sigeom

GM 10200

Lac

Atikamakuch-

571

343224

5910027

18

1.5 g/t Au

Grab

Sigeom

GM 55997

Lac

Atikamakuch-

588

343891

5910845

18

2.3 g/t Au

350 ppb Au sur 1.4 m

2382 ppb ( 5kg of fragments)

500 ppb Au / 2m

Grab Channel Grab

Drilling

Sigeom Sigeom Sigeom

Sigeom

GM 55997

GM 55998

GM 55998

GM 55998

Anomalie 4-26

343285

5912170

18

8.23 g/t Ag

Grab

Sigeom

GM 10200

Lac Atsynia

345768

5911029

18

21.94 g/t Ag

Grab

Sigeom

GM 10200

Table 1. Reported mineral occurrences, Northern Superior's 100% owned Wapistan mineral property, Québec. Please refer to Figure 1 for location of the mineral occurrences listed in this Table.

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Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

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 200,6 millions CA$ (145,9 millions US$, 137,1 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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