"Revised" Northern Superior Drilling Discovers Gold Mineralization, New Growth Annex with Grades up to 4.62 g/t Gold Over 5.5m (Including 20.8 g/t Gold Over 1m)
SUDBURY, ONTARIO -- (Marketwire) -- 06/26/12 -- Upon a request issued from the Investment Industry Regulatory Organization of Canada (IIROC) Northern Superior Resources Inc. (TSX VENTURE: SUP) ("Northern Superior" or the "Company") is pleased to provide the following additional information with regard to the New Growth Annex press release, issued June 25th, 2012.
The following table that lists significant intersections from all seven holes completed from the New Growth Annex drill program:
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DDH From To Gold Silver Length Host Rock
Grade Grade
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(gpt) (gpt) (m)
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NG-12-001C 21 27 0.49 6.00 quartz chlorite veins, diss
Py (3-5%)
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NG-12-002C 279.2 280.7 2.25 1.50
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NG-12-003C 146 151 4.62 5.50 quartz veins hosted by mafic
intrusive, Py 1%, Cpy tr,
Tour Tr.
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incl. 145.6 146.6 20.80 1.00
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NG-12-004C 224 229.1 1.31 5.10 quartz carb chlorite vein,
Py 5-7%.
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incl. 224 226 2.80 2.00
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NG-12-005C 162.3 164.2 13.40 1.90 quartz veins hosted by
quartz diorite, Py 3-8%.
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incl. 162.3 162.9 8.27 0.60
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NG-12-006C 135.3 137 0.84 1.70 quartz chlorite veins hosted
by a milonite, Py 2%.
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NG-12-007C 267.6 270.1 1.20 2.50 bands of magnetite and Py
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incl. 267.6 268.6 2.66 1.00
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372.5 374.5 0.54 2.00 quartz calcite/chlorite
veins hosted by quartz
diorite, Py 2%, As 1%, Po 1%
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Note: a) Assays are reported uncut
b) These widths are not true widths.
Assays were completed using a standard fire assay with a 30- gram aliquot. For samples that return a value greater than 10 grams per tonne gold, the sample is fire assayed with a gravimetric finish. Select zones were tested by screen metallic analysis. The drill core is transported in security sealed bags for preparation at ALS Prep Lab located in Thunder Bay, Ontario, and the pulps shipped to ALS Assay laboratory in Vancouver B.C.
The following map illustrates the location of drill holes and additional site observations.
To view accompanying map, visit the following link: http://www.marketwire.com/library/20120625-SUP_Map626.jpg
The Company's Qualified Person ("QP") for the New Growth Annex gold property is Casey Hetman, P.Geo. As QP, Mr. Hetman has prepared or supervised the preparation of the scientific or technical information for this program and has verified the data disclosed in this press release.
About Northern Superior Resources Inc.
Northern Superior is a junior exploration company focused on exploring for gold in the Superior Province of the Canadian Shield. The Company is currently focused on exploring its Croteau Est property in Quebec. The Company has a number of 100% owned properties (see Company web site, www.nsuperior.com) in the Stull Wunnumin and Chibougamau gold districts that were identified and developed from the Company's extensive geoscientific data base and from which additional gold exploration projects are being generated. The Company is currently seeking to option-out a number of these properties.
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., FGAC
President and CEO
(705) 525-0992
(705) 525-7701 (FAX)
info@nsuperior.com
www.nsuperior.com