SUDBURY, ONTARIO — (Marketwired) — 11/12/13 — Northern Superior Resources (TSX VENTURE: SUP) („Northern“ or the „Company“) is pleased to provide an update on its 2013 exploration program, Croteau Est property, west-central Quebec. The program achieved its primary objectives: (1) gaining a better understanding of the geology, structure and mineralization associated with the Croteau-Bouchard Shear Zone (the „CBSZ“); and (2) identifying additional, high-potential mineral exploration targets on the Property.
CBSZ
Completion of a limited core drill program during Q1 and Q2, 2013 within the CBSZ (3 drill holes: 761.7 m) intersected low to medium grade gold bearing material but did not intersect a previously identified high grade shoot that had been anticipated by the drilling program. To better understand the associated structures, the Company cleared a trench over the area where previous drilling had intersected a high grade shoot associated with strongly sheared and altered quartz-feldspar porphyry (QFP) dyke. This trench work produced the following results:
NEW MINERAL TARGETS
Prior to 2013, exploration of the Croteau Est property was focused on the early discovery of the CBSZ, a promising body of gold mineralization. In 2013, the Company expanded its attention to the mineral potential in other parts of the Croteau Est property. A number of programs were initiated, with much of the associated data and reports received during the third quarter of 2013.
Results from the 2013 exploration program clearly demonstrate that a number of viable, highly prospective exploration targets exist on the property. These targets will be prioritized and exploration plans developed to evaluate those that are considered the highest priority. Programs, products and key observations contributing to defining these targets include:
Dr. T.F. Morris, President and CEO states: „We are very pleased with the progress made in terms of understanding the mineral potential of this property over the 2013 exploration season. Our efforts to date have only solidified our very strong belief in the excellent potential this property has for gold mineralization, and perhaps copper as well. With the Company being as well financed as it is (approximately $5.5 million), and with the exceptionally easy and inexpensive access to explore this property, we look forward to further advancing our understanding of this Property-s mineral potential through 2014.“
The Company-s Qualified Person („QP“) for the Croteau Est gold property is Ron Avery, P.Geo. As the QP, Mr. Avery 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. The Company has a rigorous QA/QC program in place to ensure best practices in sampling and analysis of drill core are maintained. All drill core is marked for sampling and then split in half by means of a rock saw equipped with a diamond saw blade. Samples are placed in sealed bags with security tags. All samples were assayed using a standard fire assay, using a nominal 30 gram nominal aliquot weight with an AA finish. High-gold samples were re-analyzed by fire assay with a gravimetric finish. Third party, commercially prepared standards, blanks and duplicates are inserted into the sample sequence at the rate of one in every fifteen samples. ALS Canada Ltd. performed the primary assaying with duplicates analyzed at AGAT Laboratories in Sudbury. ALS Canada Ltd. and AGAT Laboratories implement independent QA/QC protocols that include the insertion of certified blanks and standards as part of their routine analysis.
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. The Company is currently focused on exploring its Croteau Est/ Waconichi gold properties in Quebec. The Company has a number of 100% owned properties (see Company web site, ) in the Stull-Wunnumin and Chibougamau gold districts. These include the highly prospective TPK property in north-central Ontario.
Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Quebec, and trades on the TSX Venture Exchange under the symbol SUP.
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.
Contacts: Northern Superior Resources Inc. Thomas F. Morris PGeo., PhD., ICD.D, FGAC President and CEO (705) 525-0992 (705) 525-7701 (FAX)
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