Northern Superior Extends New Gold Discovery By 200 Metres West by Intersecting 44.9 Metres At 1.55 g/t AuEq at Lac Surprise, Québec – 2.4 Km West of Iamgold/Vanstar’s Nelligan 3.2MM Inferred Gold Resource

Sudbury, Ontario (December 22, 2020) Northern Superior Resources (“Northern Superior” or the “Company”)(TSXV: SUP; OCTQB: NSUPF) is pleased to announce that drilling has extended the previously announced new gold discovery at Lac Surprise (see Northern Superior press release, November 5, 2020) by 200 metres (“m”) to the west with the announcement of a second discovery hole. Hole LCS19-005(ext) recorded an intersection of 1.55g/t gold equivalent(1) (“AuEq”) over 44.9m, including 3.82g/t AuEq over 15m. This discovery hole appears to be on strike and only 1.6 kilometres (“kms”) from IAMGOLD/Vanstar’s westernmost reported step-out drillhole (see Vanstar/IAMGold press releases August 11, 2020 and Figure 1).

 

Lac Surprise is 100% owned by Northern Superior, consists of a large 15,178.5 hectares land package and has numerous high priority drill targets identified. Northern Superior’s fall drill program focused on several targets immediately west of the Vanstar/IAMGold JV Nelligan gold property which hosts the 3.2 million ounce at 1.02 g/t Au inferred Nelligan resource.

 

Highlights:

 

 

(1) Gold equivalent grades calculated based on a 75 Au:Ag factor ratio.

 

Target Delineation

 

The 2020 fall drill program focused on 3 target areas: 1, 1b and 2 (Figure 2). The three target areas represent a cumulative strike length of over 2.4km for drill testing, with multiple mineralized zones recorded from drilling to date. From the 2020 fall drill program, assay results for six holes have been reported, all from Target Area 1. A total of six holes are still pending assay, with two in Target 1, two in Target 1b and two in Target 2.

 

Within Target Area 1, there are two key portions of focus. First, a northern trend continuing along strike approximately 2.4km west to Target Area 2, and second, an area defined by an F3 fold with significant dimensions of 900m long by 300m wide. Holes designed to test the northern trend intersected several intervals containing anomalous gold assays (Table 4). The northern trend (previously identified as the “North Trend”) also hosts the Black Phoenix showing (grab sample 19.9 g/t Au) and the Roi gold showing, both situated along the western portion of that trend. Within the F3 fold, on November 5, 2020 Northern Superior announced the discovery of a new gold zone, from hole #LCS20-13 that assayed 1.02 g/t gold and 3.92 g/t silver, including 1.07 g/t gold equivalent over 35.5m.

 

The second discovery hole from LC19-005(ext) announced in today’s results, is within the F3 fold area, with assays of 1.55g/t AuEq over 44.9m, including 3.82g/t gold equivalent over 15m, and importantly 200m along strike to the west of hole LCS20-13. The new discovery represents a mineralized zone, between a mineralized northern and southern limb. The layering of gold zones observed to date at Lac Surprise has been observed at IAMGOLD /Vanstar’s Nelligan Deposit, where their most recently recorded step-outs are approximately 1.4km east of Northern Superior’s recently discovered gold zone (Figure 1). Importantly, this F3 fold area remains open to the west and will be a major focus of our drill program in 2021.

 

The Lac Surprise 2021 Drill Program will target extensions of the mineralized gold zones discovered in the fall 2020 drill program, potentially follow-up drilling in Target 1b and 2, and will test a large and highly prospective Target 3. Target 3 lies 5 km along strike from Target 1 with a very encouraging geomagnetic signature similar to Target 1 (Figure 2). The fall 2020 program has significantly increased our understanding of the gold system, which will be leveraged on other target areas on the large 15,178.5 hectares land package.

 

Dr. T.F. Morris, President and CEO states: “We are very pleased and encouraged with the second round of assays from the Fall 2020 Lac Surprise Drill Program, further demonstrating the potential for an extension of IAMGOLD/Vanstar’s Nelligan Deposit onto Northern Superior’s 100% owned Lac Surprise project. Extending the strike by 200m to the west of the recently discovered gold zone with hole LC19-005(ext) recording 1.55g/t AuEq over 44.9m or 3.82g/t AuEq over 15m, in addition to finding multiple mineralized gold zones/ layers, analogous to Nelligan, is very significant. Importantly, there is still a larger target area with an overall strike of 900m yet to be explored plus multiple other target areas within Lac Surprise’s large, 15,178.5 hectares land package – including Target 3. We look forward to receiving the remaining assays and leveraging the success from the fall 2020 program into our fully funded $3.5 million 2021 drill program.”

 

About Northern Superior Resources Inc. 

 

The Lac Surprise gold property is one of three key mineral properties 100% owned by Northern Superior Resources. The other two properties (TPK and Croteau Est) also represent regional scale exploration opportunities (see Northern Superior Corporate Presentation, www.nsuperior.com).

 

 

Figure 1. Location hole LCS19-05ext, Target Area 1 relative to the neighbouring Nelligan gold resource.

 

 

Figure 2. Lac Surprise Target Locations in Eastern Portion of Property