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Northern Superior Resources Inc V.SUP

Alternate Symbol(s):  NSUPF

Northern Superior Resources Inc. is a Canada-based gold exploration company focused on the Chibougamau Camp in Quebec, Canada. The Company has consolidated the land package in the region, with total land holdings exceeding 62,000 hectares (ha). The main properties include Philibert, Lac Surprise, Chevrier and Croteau. It also owns 72% of ONGold Resources Ltd., which is advancing exploration assets in Northern Ontario, including the district scale TPK Project. The Philibert Project is located 9 kilometers (km) from IAMGOLD Corporation’s Nelligan Gold project. It holds a majority stake of 75% in the Philibert Project, with the remaining 25% owned by Mines Royales and Soquem Inc., and retains an option to acquire the full 100% ownership of the project. Chevrier hosts an inferred mineral resource of 652,000 ounces Au and an indicated mineral resource of 260,000 ounces Au. Croteau hosts an inferred mineral resource of 640,000 ounces Au. Lac Surprise hosts the Falcon Zone Discovery.


TSXV:SUP - Post by User

Post by kevoyon Jun 20, 2007 12:41pm
169 Views
Post# 12971840

Superior Diamonds plans 30 drill holes at Vil

Superior Diamonds plans 30 drill holes at VilSuperior Diamonds plans 30 drill holes at Ville Marie 2007-06-20 08:31 ET - News Release Mr. John Paterson reports SUPERIOR INITIATES REVERSE CIRCULATION DRILL PROGRAM, VILLE MARIE DIAMOND PROJECT, QUEBEC Superior Diamonds Inc. has started a reverse-circulation drill program for its Ville Marie project, Quebec. Results from two previous reverse-circulation programs at the Ville Marie project, which led to the discovery of the Morin kimberlite pipe, resulted in the definition of two kimberlite indicator mineral dispersal trains and the interpretation that there are additional kimberlites within the Lac Lussac area. The purpose of this reverse circulation program is to assist in locating these additional kimberlites in the Lac Lussac area. Thirty drill holes are planned and drilling should be completed by the end of July. Processing of the materials sampled from these holes should be completed in the fall of 2007. This data will be augmented by the results from 300 surface samples currently being collected in the Lac Lussac and Lac Honorat areas.
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