Northern Superior Resources Inc V.SUP

Alternate Symbol(s): NSUPF

Metals & Mining Gold

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.

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Northern Superior Resources Inc

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Post by thisisriskystufon Sep 08, 2020 10:13am

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News for VSR

Northern Superior at 52 Week Highs As Initiates Core Drill Program to Test Potential Extensions of Nelligan Gold Project Onto the Lac Surprise Gold Property, West-Central Quebec

2020-09-08 08:54:38 AM ET (MT Newswires)

08:54 AM EDT, 09/08/2020 (MT Newswires) -- Northern Superior Resources Inc. (SUP.V),j which jumped 11.25% to 52 week highs on Friday, before the long holiday weekend,

announced Tuesday that it has initiated a 5,000 metre, 14-hole core drill program on its 100% owned Lac Surprise gold property situated in one of Quebec's more established and historic mining camps, Chapais-Chibougamau. It said this program represents Phase I of II, and is designed to test as many as three possible extensions of the Nelligan gold deposit [near IAMGOLD, Vanstar] onto the Lac Surprise property. It added the budget for this phase of drilling is approximately $800,000, while $2 million of Quebec charitable flow through was raised earlier in the year.

The Lac Surprise property is comprised 275 mineral claims encompassing over 15,000 hectares. The company has identified three target areas in the northeast part of the property

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