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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 lowgraderon Mar 13, 2020 1:33pm
270 Views
Post# 30804836

NOW WE ARE TALKING !

NOW WE ARE TALKING !"The potential Quebec charitable FT share component will be directed at the company's 100-per-cent-owned Lac Surprise and/or Croteau Est properties. At Lac Surprise, the company has set a core drill program to further define the extension of the hydrothermal system associated with the neighbouring Nelligan gold deposit onto the property (see Northern Superior press release, Dec. 9, 2019). The company has also set a core drill program for Croteau Est, which will demonstrate continuity of the high-grade gold shoots previously reported and expansion of the gold-bearing system at depth and along strike (see Northern Superior press release, May 23, 2018)."
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