Northern Superior Completes Helicopter-Borne Magnetic Geophysical Survey, Wapistan Property, Qu?(C)bec

2017-05-16 / @nasdaq

 

SUDBURY, Ontario, May16, 2017(GLOBE NEWSWIRE) -- Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP), is pleased to announce the completion of a 934 line-km helicopter-borne magnetic geophysical survey over its 100% owned Wapistan property, located in the James Bay Lowlands, Qu?(C)bec.

Figure 1
Location of reported mineral occurrences on Northern Superior's 100% owned Wapistan property


Dr. T.F. Morris, President and CEO of Northern Superior states: "The Wapistan property is situated within an emerging and important mineral exploration region in the James Bay Lowlands, Qu?(C)bec. The data derived from the airborne geophysical program conducted during April 2017 is critical as a first step in advancing our understanding of the geology of the property, assisting in:

  1. understanding the relationship between the 11 various showings discovered thus far on the property (see Figure 1, Table 1) to local bedrock structure and lithology;
  2. identification of highly prospective areas for the discovery of additional mineralization; and
  3. planning future exploration programs to capitalize on highly prospective areas of mineralization identified from the geophysical data and/or data review."

Covering approximately 32 km strike length of a major structure developed in an Archean-aged volcanic-sedimentary package, the Wapistan mineral property is district in scale, consisting of 207 claims or approximately 10,408 hectares. These volcanic-sedimentary rocks within the Wapistan property host multiple gold and other precious metal occurrences (Figure 1, Table 1) in rocks similar to those associated with the Roberto Deposit (Goldcorp Inc.) and the Eau Claire Gold Deposit (Eastmain Resources Inc.), also located within this emerging mineral exploration and mining region.

An infographic accompanying this release is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/b72c5161-90b1-4699-849d-fb61e7636096

Table 1. Reported mineral occurrences, Northern Superior's 100% owned Wapistan property.
Please refer to Figure 1 for location of the mineral occurrences listed in this Table

ShowingLocation, UTM RelatedSamplePublicationPublication
NameEastingWestingZoneAssay ValuesTypeSourceNumber
Three gold-Zone A31795758882531815.8 ppm Ag, 450 ppb AuGrabSigeomGM 57565
2.5 g/t AgGrabSigeomGM 57565
15.4 g/t Ag, 1.42 g/t Au/ 1mChannelSigeomGM 63775
Lac Wapistan-Ouest324958589246318>1 g/t AuGrabSigeomGM 49933
1.4 g/t AuGrabSigeomGM 50181
Lac Wapistan3265765892416181,8% Cu, 0.31 g/t AuGrabSigeomGM 49086
Poplar3353305896054181850 ppm Cu, 752 ppm Ni, 5.6 g/t AgGrabSigeomGM 57920
5.2 g/t Ag / 0.3mChipSigeomGM 57920
4.9 g/t Ag/0.6m incl. 5.5 g/t Ag/0.3mChipSigeomGM 57920
5.2 g/t Ag/ 1.5m incl. 7 g/t Ag/0.3mChipSigeomGM 57920
600ppm Cu, 500ppm Pb, 230 ppm Zn, 316ppm Ni, 7.2 g/t AgGrabSigeomGM 57920
720ppm Cu, 600ppm Pb, 269ppm Zn, 760ppm Ni, 6.6 g/t AgGrabSigeomGM 57920
Know Bull3401265898841188260 ppm CuGrabSigeomGM 59618
GM 59625
Anomalie 3-403415695901741185.87% Zn, 0.55% Pb, 21.26 g/t Ag, 1.03 g/t Au / 0.61mChannelSigeomGM 10200
Lac Shabudowan3423615905245187.19% Cu, 15.4 g/t Ag / 3.05mChipSigeomGM 10200
Lac Atikamakuch-5713432245910027181.5 g/t AuGrabSigeomGM 55997
Lac Atikamakuch-5883438915910845182.3 g/t AuGrabSigeomGM 55997
350 ppb Au/ 1.4 mChannelSigeomGM 55998
2382 ppb Au ( 5kg of fragments)GrabSigeomGM 55998
500 ppb Au / 2mDrillingSigeomGM 55998
Anomalie 4-263432855912170188.23 g/t AgGrabSigeomGM 10200
Lac Atsynia34576859110291821.94 g/t AgGrabSigeomGM 10200

About Northern Superior Resources Inc.

Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Qu?(C)bec, and trades on the TSX Venture Exchange under the symbol SUP. The Company is currently focused on exploring its 100% owned Croteau Est (Qu?(C)bec) and Ti-pahaa-kaa-ning (northwestern Ontario) properties. Northern Superior is currently looking to option out its other 100% owned mineral properties in Qu?(C)bec and northwestern Ontario.

The Company's Qualified Person ("QP") for the Wapistan property is Tom Morris (P.Geo.). As the QP for the Wapistan property, Dr. Morris has approved information disclosed in this press release.

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.

For further information please visit the Company's website at www.nsuperior.com  or contact:

Thomas F. Morris P.Geo., PhD., FGAC 
President and CEO 
Tel: (705) 525 ?EUR?0992 
Fax: (705) 525 ?EUR?7701 
e?EUR?mail: info@nsuperior.com 
www.nsuperior.com

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