PRESS RELEASE

from Northern Superior Resources Inc. (isin : CA6658043089)

Northern Superior Reports 0.90 G/T Gold Over 59.0 Metres and 0.73 G/T Gold Over 61.0 Metres From the Falcon Gold Zone and 1.84 G/T Au Over 11.5 Metres From Exploration Drilling at Lac Surprise

TORONTO, ON / ACCESSWIRE / June 6, 2023 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP)(OTCQX:NSUPF) is pleased to report the final assay results for nine holes completed on the Falcon Gold Zone ("FGZ") on its large (20km x 15km) 100% owned Lac Surprise property, located within the Chibougamau gold camp, Québec.

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

  • DDH LCS-22-075 returned 0.90 g/t Au over 59.0 metres, from 86.0 to 145.0 metres, including 3.23 g/t Au over 4.2 metres from 96.5 to 100.7 metres and including 3.67 g/t Au over 4.5 metres from 126.0 to 127.5 metres;
  • DDH LCS-22-077 returned 0.73 g/t over 61.0 metres from 233.5 to 294.5 metres, including 6.67g/t Au over 1.5 metres from 264.0 to 265.5 metres;
  • DDH LCS-22-073 returned 0.82 g/t Au over 36.4 metres from 68.8 to 105.2 metres; and
  • DDH LCS-22-091 returned 0.87 g/t Au over 27.4 metres, from 300.1 to 327.5 metres, including 2.22 g/t Au over 6.5 metres from 321 to 327.5 metres.

Simon Marcotte, President & Chief Executive Officer of Northern Superior, commented: "The results released today from the Falcon Gold Zone reinforce the striking similarities it shares with IAMGOLD's Nelligan gold deposit, which is located only 2 kilometres to the east. Nelligan recently witnessed a 72% increase in its NI-43 101 resource estimate following an additional 22,000 meters of drilling, and now encompasses a total of 1.9 million ounces in the indicated category and 3.6 million ounces in the inferred category, using a 0.35 g/t cut off.[1] We also note that the robust thickness and remarkable vertical and lateral continuity observed in the Falcon Gold Zone emphasizes how the deposit allows for an easy conversion of near-surface gold ounces. The Company has set its sights on conducting a maiden resource estimate for the Falcon Gold Zone, subsequently to the resource estimate on the Philibert Project, which is only 9 km from the Nelligan."

[1] Independent Technical Report for the Nelligan Gold Project, Quebec, Canada, February 22, 2023. Prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects Technical Report for IAMGOLD Corporation (IAMGOLD) and Vanstar Mining Resources Inc. (Vanstar) by SRK Consulting (Canada) Inc. (SRK).

Definition Drilling Program Confirms Grades and Widths

The Company completed 11 definition core drill holes in this program designed to test the near surface continuity and depth extension of the FGZ. All eight (8) holes reported in this release were successful in intersecting gold bearing zones highlighted by drill hole LCS-22-075 located in the central portion and near surface of the FGZ intersected 0.90 g/t Au over 59.0 metres, LCS-22-077 drilled down dip on the same easting returned 0.73 g/t Au over 61.0 metres, and hole LCS-22-073 drilled up dip on the same easting, but drilled north versus south due to the ground conditions, returned 0.82 g/t Au over 36.4 metres again highlighting the robust thickness and consistency of the FGZ (see Figure 1 and 2). Drill hole LCS-22-091 also tested the central portion of the FGZ at a vertical depth of 230 metres and returned 0.87 g/t Au over 27.4 metres. A possible new zone was also intersected further downhole in hole LCS-22-091 which returned 1.23 g/t Au over 7.5 metres and again further downhole the Épervier Zone returned 5.29 g/t Au over 2.6 meters including 17.05 g/t Au over 0.8 metres.

Drill hole LCS-22-074 located near the eastern extent of the zone and at a vertical depth of 170 metres returned 0.66 g/t Au over 22.5 metres and hole LCS-22-076 drilled 40 metres west, but near surface, returned 0.50 g/t Au over 10.0 metres for the FGZ and 0.43 g/t Au over 9.1 metres from the Footwall Zone ("FWZ"). Near the west-central portion of the FGZ hole LCS-22-072 returned 0.49 g/t Au over 40.3 metres, including 2.79 g/t Au over 3.5 metres. Drill hole LCS-22-090 tested the west side of an interpreted fault that offsets mineralization and intersected a weakly mineralized FGZ with 0.24 g/t Au over 19.0 metres.

The FGZ is associated with a silicified-sericitized greywacke host rock. It is oriented approximately east-west and dips steeply (70-80 degrees) to the south. Characteristics defining the mineralized zone include the presence of silicification, sericitization, and pyrite, traceable along the whole 900 metres of strike length and 380 metres vertical depth. Higher gold and silver grades within the FGZ are spatially associated with smoky grey quartz veins and silicification, often containing molybdenite and pyrite, enveloped within strong sericite-carbonate-pyrite alteration. Higher grade intersections are shown in Figure 1, 2 and Table 1 below, and collar locations in Appendix Table 1. The mineralization style, gold grade and thickness have strong similarities to the Nelligan Gold Zone located 2 kilometres to the east of the FGZ.

Table 1: Reported Assay Results, Falcon Zone; true width is estimated as 50-70% of the reported core length.

Hole NumberFromToLengthAu g/tAg g/tMo ppmComments
LCS-22-072

232.2

272.5

40.3

0.49

0.50

14.08

Falcon Zone
including

269.0

272.5

3.5

2.79

0.86

1.35

Falcon Zone
LCS-22-073

68.8

105.2

36.4

0.82

Falcon Zone
and

156.5

161.0

4.5

1.08

Falcon Zone
LCS-22-074

79.10

80.00

0.9

1.05

Épervier Zone
and

161.5

176.0

14.5

0.74

Falcon Zone
including

168.6

176.0

7.4

1.27

Falcon Zone
including

171.5

174.5

3.00

2.71

Falcon Zone
and

189.0

211.5

22.5

0.66

Falcon Zone
including

197.5

204.8

7.3

1.34

Falcon Zone
and

282.0

286.0

4.0

0.39

Footwall Zone
LCS-22-075

86.0

145.0

59.0

0.90

Falcon Zone
including

96.5

100.7

4.2

3.23

Falcon Zone
including

123.0

127.5

4.5

3.67

Falcon Zone
including

126.0

127.5

1.5

6.37

Falcon Zone
including

140.5

143.8

3.3

1.60

Falcon Zone
LCS-22-076

56.9

66.0

9.1

0.43

0.75

29.1

Footwall Zone
and

83.0

93.0

10

0.50

1.55

36.38

Falcon Zone
LCS-22-077

164

168

4.0

1.84

1.24

10.74

Footwall Zone
and

233.5

294.5

61.0

0.73

0.79

12.29

Falcon Zone
including

245.0

258.5

13.5

1.35

1.09

18.76

Falcon Zone
including

264.0

265.5

1.5

6.67

0.49

0.58

Falcon Zone
including

273.0

276.0

3.0

1.59

2

80.65

Falcon Zone
including

288.5

291.5

3.0

1.36

0.78

44.19

Falcon Zone
LCS-22-090

278.0

297.0

19.0

0.24

Falcon Zone
including

278.0

279.0

1.0

2.35

Falcon Zone
LCS-22-091

211.0

214.0

3.0

0.44

Footwall Zone
and

300.1

327.5

27.4

0.87

Falcon Zone
including

303.0

305.0

2.0

2.70

Falcon Zone
including

321.0

327.5

6.5

2.22

Falcon Zone
including
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