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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 TequilaRose44on Dec 10, 2019 2:31pm
105 Views
Post# 30440665

can anyone decipher the info below in bold

can anyone decipher the info below in boldNorthern Superior claims Renard extension at Lac Surprise
Northern Superior Resources (TSXV:SUP) says it’s defined two new gold-bearing systems on its Lac Surprise property in Qubec, describing one as an extension of the Renard gold trend from the adjoining Iamgold/Vanstar Nelligan property.
"Defining a circa 750m extension of the Renard gold trend onto the Lac Surprise property from a limited drill programme is an excellent start," president and CEO Dr TF Morris said.
The company said a drilling highlight from the pervier gold system was 15.15m at 1.54g/t gold from 277m, including 0.6m at 10.8g/t.
It had been "strongly encouraged" by Iamgold and Vanstar Mining Resources' October announcement of a maiden, inferred 3.2 million ounce resource for Nelligan, Northern Superior said in its latest MD&A.
It called the second system to the west Roi and Morris said multiple, geophysical and gold grain-defined targets warranted follow-up to the north and south of the discovery hole, which had hit 24.6m at 0.12g/t.
Northern Superior had working capital of about C$761,000 at September 30.

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