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 SPACEDOCon Apr 03, 2024 8:41am

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Post# 35967157

When will IAG come knocking?

It seems a marriage made in heaven or at least Quebec for IAG to make a take over bid for the SUP property boardering Nelligan which Vanstar owned 25% and was bought out recently for a premium by IAG

Perhaps they'll bid for all of Northern Superior but at the very least PG and others expect this transaction to consolidate the two properties is almost a sure thing. It is logical and combining the resource lowers cost and increases the total gold and other PMs

Stay tuned

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