Northern Superior Resources Lac Surprise Gold Property: an Excellent Opportunity in the Chibougamau-Chapais Gold Camp, West- ...
27 Gennaio 2014 - 3:00PM
Marketwired
Northern Superior Resources Lac Surprise Gold Property: an
Excellent Opportunity in the Chibougamau-Chapais Gold Camp, West-
Central Quebec
SUDBURY, ONTARIO--(Marketwired - Jan 27, 2014) - Northern
Superior Resources ("Northern" or the "Company") (TSX-VENTURE:SUP)
is taking this opportunity to highlight its 100% owned Lac Surprise
gold property in west central Québec in light of the recent surge
in exploration and associated discoveries announced by Northern
Superior (Croteau Est), Toma Gold/Iamgold (Monster Lake), Vanstar
(Nelligan), Stellar AfricaGold and SOQUEM (MOP II) (Figure 1). The
Lac Surprise gold property is located within the
Chibougamau-Chapais gold camp, one of Québec's established and more
important gold camps.
There are six excellent gold targets identified on the Lac
Surprise property from previous exploration programs. Four of these
targets are associated with gold grain and gold geochemical-in-till
dispersal trains. The other two targets are associated with
separate, broad areas of gold grain and gold geochemical-in-till
anomalies (Figure 2).
The four gold grain-in-till dispersal trains are associated with
the east-west trending Opawaica-Guercheville Deformation Zone
(OGDZ; Figure 3), extending 11 km across the northern part of the
Lac Surprise property as defined from Northern Superior's high
resolution airborne magnetic survey(Figure 2). This deformation
zone hosts several gold occurrences (Philibert, Meston Lake, and
Fenton), new gold discoveries (Nelligan), past-producing mines (Joe
Mann: one of the most significant gold producers in the
Chibougamau-Chapais mining camp; Lac Shortt) and the producing
Bachelor Lake mine.
The other two gold exploration targets are associated with zones
of structural complexity as defined from the Company's high
resolution airborne magnetic survey. These zones may be associated
with subsidiary shears extending off the main OGDZ (Figures 2, 3),
representing high priority targets areas for gold exploration.
Dr. T.F. Morris President and CEO states: "The potential value
of the Company's Lac Surprise gold property has only been
exemplified by the recent discoveries and exploration activity
directly to the east of the Lac Surprise property. Four of the six
gold exploration targets are clearly defined by anomalous and
robust overburden gold grain and geochemical-in-till anomalies
extending down-ice of the OGDZ. There is excellent potential for
the definition of additional targets along the OGDZ structure which
extends 11 km across the Lac Surprise property and is largely
unexplored.
The Lac Surprise gold property is one of four mineral properties
that Northern Superior is currently exploring. The other three
properties also represent regional scale exploration programs, 100%
owned and operated by Northern Superior. Exploration to date has
identified numerous drill-ready targets for gold, copper and silver
on the Ti-pa-kaa-haa-ning (TPK) property of northwestern Ontario
and gold on the Company's Croteau Est property in west- central
Quebec.
The Company's Qualified Person ("QP") for the Lac Surprise
property is Scott Parsons (MSc., MBA, P.Geo.). As the QP, Mr.
Parsons has prepared or supervised the preparation of the
scientific and technical information for this program and has
verified the data disclosed in this press release.
To view Figures 1, 2 and 3 please click on the following link:
http://file.marketwire.com/release/SUP0124.pdf
About Northern Superior Resources Inc.
Northern Superior is a well-funded junior exploration company
exploring for gold in the Superior Province of the Canadian Shield,
specifically in the Provinces of Québec and Ontario (see Company
web site, www.nsuperior.com) in the Stull-Wunnumin and Chibougamau-
Chapais gold districts. Northern Superior is a reporting issuer in
British Columbia, Alberta, Ontario and Québec, and trades on the
TSX Venture Exchange under the symbol SUP. For further information
contact:
For Investors
Forward looking statements: This news release includes
certain "forward-looking information" within the meaning of
Canadian securities legislation and "forward-looking statements"
within the meaning of the United States Private Securities
Litigation Reform Act or 1995 (collectively, "forward looking
statements"). Forward looking statements include predictions,
projections and forecasts and are often, but not always, identified
by the use of words such as "seek", "anticipate", "believe",
"plan", "estimate", "forecast", " expect", " potential", "project",
"target", "schedule", "budget" and "intend" and statements that an
event or result "may", "will", "should", "could" or "might" occur
or be achieved or other similar expressions and includes the
negatives thereof. All statements other than statements of
historical fact included in this release, including, without
limitation, statements regarding potential mineralization,
exploration results, interpretation of results, the timing and
success of exploration activities generally, the timing and results
of future resource estimates, and future plans and objectives of
Northern Superior are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Forward looking statements are based on a number
of material factors and assumptions. Important factors that could
cause actual results to differ materially from Northern Superior's
expectations include exploration risks, changes in project
parameters as plans continue to be refined, results of future
resources estimates, future metal prices, availability of capital
and financing on acceptable terms, general economic, market or
business conditions, uninsured risks, regulatory changes, defects
in title, availability of personnel, materials and equipment on a
timely basis, accidents or equipment breakdowns, delays in
receiving government approvals, unanticipated environmental impacts
on operations and costs to remedy same, and other exploration or
other risks detailed herein and from time to time in the filings
made by the Company with securities regulators. Although the
Company has attempted to identify important factors that could
cause actual actions, events or results to differ from those
described in forward looking statements, there may be other factors
that cause such actions, events or results to differ materially
from those anticipated. There can be no assurance that forward
looking statements will prove to be accurate and accordingly
readers are cautioned not to place undue reliance on 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.
Northern Superior Resources Inc.Thomas F. Morris P.Geo., PhD.,
ICD.D, FGACPresident and CEO(705) 525-0992(705)
525-7701info@nsuperior.comwww.nsuperior.com
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