Northern Superior Initiates Core Drill Program, Croteau Est Gold Property, Quebec
SUDBURY, ONTARIO--(Marketwired - Feb 15, 2017) - Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSX VENTURE:SUP), has commenced its core drill program as first disclosed in its January 11th, 2017 press release, on its 100% owned Croteau Est gold property.
Dr. T.F. Morris, President and CEO of Northern Superior states: "This drill program is an important and exciting step forward in defining the eastward extension of gold mineralization and associated high grade material associated with the Company's Croteau Bouchard Shear Zone (CBSZ). The CBSZ already has an inferred gold resource of 640,000 ounces gold (see press release, January 14th, 2016). We anticipate that defining the extension of the CBSZ will not only lay the foundation for increasing the resource already reported, but could potentially lead to the discovery of other areas of mineralization."
The drill program will involve approximately 30 holes or 9,000m of drilling. The core drill program was designed following an extensive review of all associated geoscientific data by internal staff, consultants and technical members of the board. The drilling will consist of at least two stages:
|Stage 1 (expected to be completed by Q2, 2017): combination of structural and exploratory holes designed to step- out from known mineralization with the intention of:|
|1)||expanding mineralization of the CBSZ to the east; and|
|2)||understanding structural controls and emplacement mechanisms for higher grade material, such as the reported high grade shoots observed within the CBSZ, particularly in the area of the cross- cutting Croteau Fault and the CBSZ. (see press release, November 3rd, 2014)|
Stage 2 (expected to be completed by Q3, 2017): additional drilling to follow up on results from Stage 1 and to investigate other, high priority, exploration targets proximal to the CBSZ as the budget allows.
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.
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.
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.
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.
Northern Superior Resources Inc.
Thomas F. Morris PGeo., PhD., FGAC
President and CEO