PRESS RELEASE

from Northern Superior Resources Inc. (isin : CA6658043089)

Northern Superior Makes New Discovery with 10.94 g/t Gold Over 7.0 Metres and 1.66 g/t Gold Over 21.55 Metres at Croteau Property

TORONTO, ON / ACCESSWIRE / October 16, 2023 / Northern Superior Resources (" Northern Superior " or the " Company ") (TSXV:SUP)(OCTQB:NSUPF) is pleased to announce results from the diamond drill program on its 100% owned and extensive (30 km x 15 km) Croteau Property.

Highlights Include: (Grades uncapped; lengths measured along hole, see Table 1)

  • DDH CRO-22-150 intersected multiple mineralized zones, including 10.94 g/t Au over 7.00 metres starting at 272.10 metres including 16.15 g/t Au over 4.6 metres and 1.66 g/t Au over 21.55 metres starting at 224.0 metres, including 3.20 g/t Au over 2.0 metres and 4.87 g/t Au over 4.65 metres, 1.26 g/t Au over 7.15 metres, starting at 315.85 metres (including 2.70 g/t Au over 2.0 metres and 0.53 g/t Au over 11.5 metres, starting at 330.0 metres;
  • DDH CRO-22-127ext, intersected multiple mineralized zones, including 1.33 g/t Au over 16.80 metres starting at 375.20 metres including 3.25 g/t Au over 3.5 metres, and 1.29 g/t Au over 9.40 m, starting at 285.00 metres, including 5.16 g/t Au over 2.00 m (approximately 250m east of CRO-22-150 and 128);
  • DDH CRO-22-128 returned 1.32 g/t Au over 12.50 metres starting at 237.25 metres including 6.58 g/t Au over 1.00 metre (on strike of CRO-22-150 and 127Ext);
  • DDH CRO-22-147 returned 1.31 g/t Au over 13.30 metres starting at 220.00 metres, including 3.56 g/t Au over 2.90 metres;
  • Numerous gold values in step-out drilling of the mineralization discovered in 2022 in CRO-22-120 (1.06 g/t Au over 26.30 metres; see press release dated July 19, 2022 ), highlighted by hole CRO-22-137, which intersected 12.82 g/t Au over 1.9 metres starting at 63.10 metres, including 40.30 g/t Au over 0.60 metres;
  • DDH CRO-22-135, drilled between the Z120 Zone and the historic Croteau-Est Showing, intersected 5.13 g/t Au over 3.05 metres starting at 254.30 metres;
  • DDH CRO-22-151 returned 1.65 g/t Au over 5.00 m, starting at 285.00 metres; and
  • DDH CRO-22-152 returned 2.03 g/t Au over 6.50 m starting at 244.80 metres.

This program was designed to test:

  • The discovery area associated with the Croteau North Shear Zone: hole CRO22-120, intersecting 1.06 g/t Au over 26 metres, including 4.98 g/t Au over 3.0 metres, known as Z120, located north and parallel to the Croteau-Bouchard Shear Zone (" CBSZ "). The CBSZ hosts an inferred gold resource of 640,000 ounces1 (se e press release dated July 19, 2022 ).
  • Targets within the North Basalt Domain (" NBD ") consisting of extensive carbonate-sericite alteration in surface trench exposures and RC bedrock chips supplemented by gold grains in till anomalies from a rigorous Reverse circulation (RC) drill program completed in late 2021 and early in 2022 ( see Northern Superior press release January 11, 2022).

Simon Marcotte, President & Chief Executive Officer of Northern Superior, commented: "The results presented today on our Croteau Property underscore the exceptional exploration opportunities inherent in this strategic land package. Not only this newly discovered near surface mineralization in two new areas is within one kilometer of the main zone, already hosting an inferred resource of 640,000 ounces of gold at 1.79 g/t Au, but the high-grade nature of the discovery has the potential to transform the project into a resource even more amenable to a combined single mining operation alongside the Company's Philibert project and other neighboring projects of the area. We eagerly anticipate building upon this success and expand on the potential of this property's gold resources."

1 Chalice Gold Mines Limited and Northern Superior Resources Inc. Technical Report on the Croteau Est Gold Project, Québec, September 2015, Prepared in accordance with National Instrument 43-101 by Optiro Pty Ltd ("Optiro") to Chalice Gold Mines Limited and Northern Superior Resources Inc.

Table 1: 2022 Diamond Drill Hole Results

Hole Number

From

To

Width

Au (g/t)

CRO-22-121

102.30

106.15

3.85

0.23

CRO-22-122

No Significant Values

CRO-22-123

129.00

131.00

2.00

0.25

CRO-22-124

44.30

49.00

4.70

0.22

125.10

135.75

10.65

0.21

CRO-22-125

101.00

102.50

1.50

0.15

CRO-22-126

171.65

176.50

4.85

0.77

CRO-22-127

No Significant Values

CRO-22-128

167.40

168.00

0.60

1.25

and

237.25

249.75

12.50

1.32

Including

240.00

241.00

1.00

6.58

and

246.25

247.00

0.75

10.55

CRO-22-129

88.00

94.45

6.45

0.74

and

173.00

174.00

1.00

2.21

CRO-22-130

47.00

48.00

1.00

1.02

and

107.00

110.70

3.70

0.55

including

110.20

110.70

0.50

2.67

and

232.05

236.00

3.95

0.93

CRO-22-127ext

285.00

294.40

9.40

1.29

including

285.00

287.00

2.00

5.16

and

303.85

310.00

6.15

0.73

and

375.20

392.00

16.80

1.33

including

376.50

380.00

3.50

3.25

CRO-22-131

22.00

23.00

1.00

2.55

and

224.00

226.00

2.00

4.37

CRO-22-132

247.00

248.00

1.00

1.38

CRO-22-133

310.00

319.00

9.00

0.62

and

357.00

365.00

8.00

0.62

and

374.85

378.00

2.00

0.90

CRO-22-134

167.30

167.70

0.40

0.15

CRO-22-135

254.30

257.35

3.05

5.13

and

292.00

292.50

0.50

1.17

CRO-22-136

29.80

30.50

0.70

0.37

and

111.50

112.00

0.50

0.42

CRO-22-137

63.10

65.0

1.9

12.82

including

63.10

63.70

0.60

40.30

and

88.45

90.75

2.30

0.54

and

98.00

99.00

1.00

0.60

CRO-22-138

166.70

187.00

20.30

0.31

CRO-22-139

128.30

144.00

15.70

0.33

CRO-22-140

28.50

29.40

0.90

0.61

and

80.00

81.00

1.00

0.40

and

108.20

114.10

5.90

0.26

and

134.40

135.00

0.60

1.81

CRO-22-141

182.00

196.80

14.80

0.67

Incl.

193.80

196.00

2.20

2.19

CRO--22-142

171.70

174.00

2.30

0.13

CRO-22-143

44.00

44.60

0.60

1.28

and

171.15

172.30

1.15

1.06

CRO-22-144

162.00

163.00

1.00

0.44

and

205.00

207.00

2.00

0.16

CRO22-145

143.15

145.00

1.85

0.21

CRO22-146

121.00

123.45

2.45

1.00

CRO22-147

220.00

233.30

13.30

1.31

including

228.00

230.90

2.90

3.56

CRO22-148

204.00

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