INITIATES 6,000m DIAMOND DRILL PROGRAM
SUDBURY, ON / ACCESSWIRE / October 31, 2022 / Northern Superior Resources ("Northern Superior" or the "Company") (TSXV:SUP)(OCTQB:NSUPF) is pleased to announce the initiation of an extensive 6,000m diamond drill program on its 100% owned, extensive (30km x 15km) Croteau Est Property. This program will target the previously reported, new discovery area associated with the Croteau North Shear Zone (CNSZ), located north and parallel to the Croteau-Bouchard Shear Zone (CBSZ). The CBSZ hosts a 640,000 ounce inferred gold resource* (see Northern Superior press release July 19, 2022). This new area of focus has been delineated by a rigorous Reverse circulation (RC) drill program completed in late 2021 and earlier in 2022 (see Northern Superior press release January 11, 2022). This work was further highlighted by core drilling earlier in the year with discovery hole CRO22-120, intersecting 1.06g/t Au over 26m (including 4.98 g/t Au over 3.0m; see Northern Superior press release July 19, 2022).
Dr. T.F. Morris, President and CEO of Northern Superior states: "We are very pleased to be back drilling a substantial program at Croteau Est. This coupled with our first pass drill program earlier in 2022 is the first systematic drill program at Croteau Est since the discovery of the CBSZ between 2015 and 2017. We have always believed that the Croteau Est property has enormous mineral potential. With the recently completed RC drill programs, coupled with historic soil sampling and trenching programs, this potential has been brought sharply into focus. We anticipate that this current core drill program will prove the potential of the area north of the CBSZ discovery and highlight its large scale and prospectivity to investors."
2022 Summer Field Program
The 2022 summer field program involved the completion of a geological mapping and prospecting program over selected areas within the Croteau Est property. From 162 rock samples taken on the program, a number of anomalous (>0.1 g/t) gold assays were obtained highlighted by a values of 0.40 g/t Au and 0.47 g/t Au in new quartz-vein hosted discoveries. As well, a number of cross-cutting intermediate and felsic dykes were found, similar to those known to host gold deposits elsewhere in the Chapais-Chibougamou area. In addition, a surface trenching program further tested a number of these results and geological targets (Table 1). Assays are pending for 271 channel samples taken from the trenches. From these various exploration activities, an updated geologic map has been compiled (Figure 1) and that it is now evident that a large gold-bearing hydrothermal system is present north of the CNSZ.
Mineralization within the North Basalt Domain consists of disseminated fine to medium pyrite, concentrated near the margins of quartz-ankerite veinlets hosted within large carbonate-sericite and local silica alteration zones. This alteration often occurs within mafic volcanic flows and hyaloclastite units near the contact with massive gabbro units (sills and/or massive flows).
|Test up-dip extension of the mineralized zone found in CRO 22-120||Strongly carbonatized, sheared, fuchsitic quartz-ankerite vein zone hosted by a mafic volcanic unit. 3 to 7% of disseminated Py and local trace of Cpy observed.|
|Expose a possible SW oriented QFP felsic similar to those observed 20 km east in Lac France area and attempt to intercept a EW shear zone along strike.||Exposing a decametric wide fine grained, slightly porphyritic and moderately sericitized QFP dyke in discordant contact with a moderately sheared and carbonatized amygdaloidal basaltic unit|
|Expose carbonatized mafic volcanic rock with anomalous gold value in the vicinity of a decametric wide QFP dyke (TR22-02)||Moderately carbonated and massive basalt with local 1 to 3% of disseminated Py. Presence of cm to dm wide mineralized smoky quartz-carbonate veins.|
|Exposing a metric wide sericitic shear zone injected by 10-20% ribbon-textured quartz vein which assayed 0.40 g/t Au in the initial field sampling.||Exposed a 40 m wide volcanoclastic rock sequence of intermediate composition, including crystal to lapilli-tuff-breccia. Variably foliated and locally sheared at N280|
|Expose stratigraphy and structure across the Faribault Deformation Corridor (FDC)||Encountered mainly siltstone with lesser basalt in the north end of the trench.|
|Expose stratigraphy and structure across the Faribault Deformation Corridor (FDC)||Exposed intercalated siltstones and basalts.|
|Expose Carbonate Zone C.||Highly carbonatized, sericitized, locally sheared and mineralized rocks (probably altered basalt) with a series of shallow dipping quartz stringers and cross-cutting veinlets.|
|Expose Carbonate Zone C.||Highly carbonatized and sericitized gabbro, locally mineralized. Sheared, with relatively shallow north dipping quartz stringers. Gabbro exposed in east end of trench.|
Current Core Drill Program
The current core drill program is designed to test the extent of this gold- bearing system and number of specific targets within a large 1,400m by 600m area associated with the CNSZ, north of the defined CBSZ resource (Figure 2).
* Reference for Northern Superior's 640,000 ounce Inferred Gold Resource: "Drabble, Mark (B. App. Sci. (Geology), MAIG, MAusIMM); Glacken, Ian (BSc Hons (Geology), FAusIMM (CP), MIMMM, CEng; Kahan, Cervoj (B. App. Sci., MAIG, MAusIMM); Morgan, Rebecca (BSc Hons (Geology), GDip (Mining), MAIG, MAusIMM). October 12, 2015. Technical Report on the Croteau Est Gold Project, Québec September 2015, Mineral Resource Estimate."
Michel Leblanc (P.Geo) is the Qualified Person within the meaning of NI 43-101. Mr. Leblanc has reviewed and approved the information disclosed in this press release.
About Northern Superior Resources Inc.
The Croteau Est gold property is one of four key mineral properties 100% owned by Northern Superior. The Company's other properties (TPK, Lac Surprise and Chevrier) also represent regional scale exploration opportunities The Chevrier Property hosts an Inferred Resources of 652,000 oz Au and Indicated Resources of 260,000 oz Au** (see Northern Superior Corporate Presentation, www.nsuperior.com).
Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP, and the OTCQB Venture Market under the symbol NSUPF.
** Reference for Genesis Metals Mineral Resources Estimation: "Lomas, Susan (P.Geo); Lavoie, Jonathan (Eng., M.Sc.); Liboiron, André (Géo). March 10, 2022.NI 43-101 Technical Report Mineral Resource Estimation for the Chevrier Main Deposit, Chevrier Project, Chibougamau, Québec, Canada."
For Further Information
Please refer to Northern Superior news available on the Company's website (www.nsuperior.com) and on SEDAR (www.sedar.com) or contact:
Thomas F. Morris PhD., P.Geo., FGAC , ICD.D
President and CEO
Tel: (705) 525 ‐0992 Fax: (705) 525 ‐7701
e‐mail: [email protected]
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.
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.
SOURCE: Northern Superior Resources Inc.