Northern Superior Resources Inc. (“Northern Superior” or the “Company”) (TSXV: SUP) (OTCQB: NSUPF),is pleased to report results from the recently completed Phase II drill program (October, 2017) at its 100% owned Croteau Est Gold Property in Québec. This drill program was designed to test continuity of mineralization associated with structurally controlled high grade, gold-bearing shoots contained within the Croteau Bouchard Shear Zone (“CBSZ”). Results from this drill program and those derived from a televiewer borehole survey on the Phase II drill holes, will dictate the drilling strategy for a more extensive Phase III program, intended to increase the existing Inferred Resource. Phase II drilling consisted of seven infill holes totalling 2,823.5 metres (“m”) with an average depth of 403.4m.
Highlights of the Phase II Drill Program:
- High grade intersections of up to 72.90 g/t gold over 0.70m;
- High grade widths of up to 11.06 g/t gold over 9.10m (including 43.75 g/t gold over 2.00m);
- Mineralized widths of up to 1.99 g/t gold over 34.65m (including 9.46 g/t gold over 2.35m);
- Several previously unrecognized mineralized zones;
- Longitudinal and lateral continuity of mineralization from the current holes to Northern Superior’s previously completed holes;
- Identification of a second and important source of mineralization associated with “flat-lying” quartz veins that were untested by previous drill programs due to the orientation of the drill – these vein swarms have the potential to add significant ounces to the current Inferred Resource; and;
- Further evidence of high grade mineralization occurring >400 m vertical depth within the CBSZ was defined: 7.50 g/t gold over 7.95m including 56.40 g/t gold over 1.00m between 489.90m to 497.85m; see Photo 1
Table 1. Key Assay Summary, Phase II Drill Program, Croteau Est Property
|Drillhole||Depth Interval||Au g/t||Assay Length (m)|
|From (m)||To (m)|
|* gravimetric assay|
|+ partial gravimetric assay|
Photo 1. Irregular Clusters of Coarse Anhedral Gold in CRO17-094: 496.10m
To view the graphic in its original size, please click here
Dr. T.F. Morris, President and CEO of Northern Superior states: “Results from the Phase II drilling at Croteau exceeded our expectations beyond the originally intended goal of demonstrating structural continuity of mineralization associated with several high grade, gold-bearing shoots known to be embedded within the CBSZ. We look forward to building on the success of the Phase II program with the next phase of drilling.”
Phase III Drill Program
Phase III drilling has been initiated. The program will consist of approximately 14 holes or 4,700m of core drilling. Drilling will focus on stepping out proximal to high grade intervals and building on these results to further enhance our understanding of the geometry and grade of the high grade, gold-bearing shoots. The focus of the Phase III drilling will remain on the upper 400m of the currently defined Inferred Resource for the CBSZ in order to provide a coherent block model as a basis for an updated Inferred Resource calculation.
About Northern Superior Resources Inc.
Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP, and the OTCQB Venture Market under the symbol NSUPF. The Company is currently focused on exploring its 100% owned Croteau Est (Québec) and Ti-pa-haa-kaa-ning (Northwestern Ontario) properties. Northern Superior is currently looking to option out its other 100% owned mineral properties in Québec and Northwestern Ontario.
The Company’s Qualified Person (“QP”) for the Croteau Est property is Ron Avery (P.Geo.). As the QP for the Croteau Est project, Mr. Avery has approved information disclosed in this press release.
For further information please visit the Company’s website at www.nsuperior.com or contact:
Thomas F. Morris P.Geo., PhD., FGAC
President and CEO
Tel: (705) 525 ‐0992
Fax: (705) 525 ‐7701
e‐mail: [email protected]
Cautionary Note Regarding Forward-Looking Statements
This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.