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Northern Superior Resources Inc.
Summary
| Project: | Croteau Est | |
|---|---|---|
| Deposit: | Croteau Est | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-5-2017: Northern Superior Resources Inc. announces an Exploration/Drilling Update report for its Croteau Est deposit at the Croteau Est project. Drilling results incl. 0.34m @ 39.8g/t Au from 198.13m. Northern Superior Resources Inc. (“Northern Superior | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Ron Avery (Internal) | |
| ABSTRACT: | Northern Superior Resources Inc. (“Northern Superior” or the “Company”) (TSXV:SUP), is pleased to announce the discovery of two new gold-bearing structures from the Company’s Phase 1 core drill program on its 100% owned Croteau Est property. These new gold-bearing structures occur beyond the confines of the previously reported inferred resource for the Croteau Bouchard Shear Zone (“CBSZ”) on the property. Dr. T.F. Morris, President and CEO of Northern Superior states: “Clearly we are exploring a large and varied mineralized system that extends beyond the confines of the CBSZ on the property. This phase of drilling both met and exceeded the expectations for this first phase exploratory drill program. Dr. Morris further states: “Over the next several weeks we will further evaluate the data to determine targeting for the Phase 2 drill program, scheduled to begin Q3. The results of this program provide an excellent opportunity to increase the current inferred resource, and point to the potential of additional ounces elsewhere on the property.” As this first phase of drilling came in under budget, there are sufficient funds remaining to pursue the more focussed Phase 2 drill program of a further 8,000 m to 10,000 m. Targets for Phase 2 will be determined in the coming weeks based on a thorough examination of all data derived from the Phase 1 program. These targets may be selected to define additional ounces within the currently defined inferred resource and/or define “new” gold ounces associated with one (or both) of the two newly discovered gold-bearing structures. A further announcement will be made through a press release once those targets are defined for Phase 2. | |
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