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03/10/14 - C$0.06
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northern superior resources (SUP) Details

Northern Superior Resources Inc., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of gold properties in Canada. The company holds interests in properties located in the Stull-Wunnimun and Chibougamau gold districts of Ontario and Quebec. It primarily holds interests in the Croteau Est property, which consists of 513 claims covering an area of approximately 22,576 hectares; and Ti-pa-haa-kaa-ning gold property that comprises 64 mining claims covering an area of 3,717 hectares. The company also holds interests in the Lac Surprise gold property consisting of 365 claims covering an area of approximately 20,352 hectares; and Grizzly gold property, which consists of 147 contiguous claims covering an area of 8,015 hectares. Northern Superior Resources Inc. is headquartered in Sudbury, Canada.

northern superior resources (SUP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$225.0K
Chief Financial Officer
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

northern superior resources (SUP) Key Developments

Bold Ventures Inc. and Northern Superior Resources Inc. Report Progress at Lac Surprise in West Central Quebec

Bold Ventures Inc. and Northern Superior Resources Inc. reported progress at Lac Surprise in west central Quebec. The Lac Surprise project is under option from Northern Superior Resources Inc. whereby Bold may earn up to a 60% interest in the property by expending an aggregate of $2,000,000 and issuing to Northern Superior a total of 350,000 common shares of Bold over a three year period. A further 10% interest may be earned by delivering a positive feasibility study within 5 years of execution of the formal option agreement. The property is located approximately 50 km (30miles) south of Chapais and within the historic Chibougamau - Chapais copper-gold camp. The company has completed the final report and interpretation of the recent gold discoveries that were made during an extensive prospecting, trenching and sampling program carried out between August and December of 2014. A detailed ground magnetometer survey has recently been completed in the areas in and around the new gold discoveries, the results of which are pending. Highlights are as follows: Prospecting and trenching work completed on the Lac Surprise Property in 2014 was successful in discovering new gold occurrences and in identifying specific areas on the property that exhibit greater gold potential. The 5-man field crew discovered seven new gold showings, providing excellent focus points for future exploration on the property. Altogether, 973 grab samples were collected during the prospecting program, and 489 channel samples ranging from 0.3 - 1.3 m in length were collected from the 8 trenches which followed. Gold assay results obtained from the 2014 program are the high ever reported on the property. Values reported from each new showing are as follows: Amber Showing: ranging from 0.81 to 28.6 g/t Au (grab sample), and 0.02 up 10 g/t Au/1.0 m, including 26.1 g/t Au/0.5 m (channel sample); Till-39 Showing: ranging from 0.106 up to 2.89 g/t Au/1.0 m (channel sample); Till-68 Showing: ranging from 0.016 up to 2.44 g/t Au/0.85m (channel sample); Tonalite-1 Showing: ranging from 0.023 up to 1.07 g/t (grab sample); Fox Showing: ranging from 0.084 up to 2.95 g/t Au/1.0 m (channel sample); Fox North Showing: ranging from 0.097 up to 6.76 g/t Au/1.0 m (channel sample); Black Phoenix Showing: ranging from 0.14 up to 19.9 g/t Au (grab sample). In some instances, the mineralized shears remain only partially exposed and could only be sampled to the limits of the exposure. As a result of the presence of free gold at the Amber Showing and possibly, at the Black Phoenix Showing, the standard fire assay procedure applied to all samples will be reviewed with an eye to improving the recovery of gold through metallic sieve analysis. The 2014 work program confirmed the general structural importance of the various regional fault systems and the associated controls on the distribution of gold mineralization on the property. Focusing on these structures, a comprehensive follow up exploration program is proposed for 2015. This will include additional compilation work, a review of the recently completed magnetometer survey report (pending) and a re-analysis of some of the 2014 channel samples by metallic sieve analysis. The resulting geological and geophysical review will lead to a program to refine existing targets and provide additional targets for a first stage of diamond drilling. Additional activity within the area has seen some very compelling results. Directly adjacent and to the east of the Lac Surprise project, Geomega Resources Inc. has completed a 22 hole drill program, the results of which are currently being compiled.

Bold Ventures Inc. and Northern Superior Resources Inc. Report the Results from Lac Surprise Gold Property

Bold Ventures Inc. and Northern Superior Resources Inc. reported results from the 2014 fall mechanized stripping, trenching, sampling and bedrock mapping programs conducted at the Lac Surprise Gold Property in west-central Quebec. Exposing the gold-bearing shear zone associated with the Amber gold showing; discovery of two additional parallel shear zones in the vicinity of the Amber gold showing; exposing a shear zone associated with the Fox gold occurrence, and upgrading the Fox gold "occurrence" to a gold "showing" and exposing a new shear zon in the vicinity of the Fox Showing. The Lac Surprise property is located within an active gold exploration area, situated south of the Chibougamau-Chapais mining camp. Recently, renewed exploration activity in the area has yielded several new gold discoveries made by Toma Gold/IAMGOLD. The 2014 fall trenching program builds on the successful 2014 summer prospecting program, highlighted by the discovery of the Amber and Black Phoenix Gold showings and the expansion of the Fox Gold occurrence. Altogether, 489 channel samples ranging 0.3 to 1.3m in length were collected during the program.

Northern Superior Resources, Inc. Announces Resignation of Brian Booth as Director, Effective December 31, 2014

Northern Superior Resources, Inc. announced that Mr. Brian Booth has tendered his resignation as a director of Northern Superior effective December 31, 2014 so that he may focus his efforts on his primary role as CEO of Pembrook Mining Corp. and other interests.


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