Welcome to our dedicated page for Northern Superior Res news (Ticker: NSUPF), a resource for investors and traders seeking the latest updates and insights on Northern Superior Res stock.
Northern Superior Resources Inc. (NSUPF) maintains this comprehensive news hub for stakeholders tracking gold exploration developments in Québec's Chibougamau Camp. Access verified updates on drilling results, resource estimates, and strategic initiatives from this TSX Venture-listed explorer.
This curated collection provides investors with essential updates on flagship projects including Philibert and Lac Surprise, alongside corporate developments impacting the company's growth trajectory. All content undergoes strict verification to ensure compliance with NI 43-101 standards and financial reporting requirements.
Key updates cover resource expansion progress, technical committee insights, and regional exploration strategies. Regular announcements detail metallurgical testing outcomes, land package expansions, and operational milestones critical for assessing the company's market position.
Bookmark this page for direct access to Northern Superior's official communications, including quarterly exploration summaries and material change disclosures. Combine these updates with our historical data repository for complete analysis of the company's evolving exploration portfolio.
Northern Superior Resources reported significant assay results from the Grey Fox zone of the Philibert gold property, indicating high-grade gold mineralization. Key findings include:
- DDH PB-22-383: 2.44 g/t Au over 21.0 meters.
- DDH PB-22-381: 1.78 g/t Au over 17.5 meters.
- DDH PB-22-376: 1.53 g/t Au over 15.6 meters.
- DDH PB-22-420: 2.07 g/t Au over 11.4 meters.
With 39 additional holes pending and ongoing drilling programs, the company anticipates further positive results ahead.
Northern Superior Resources has received drilling permits from the Ontario government for its TPK Project in Northern Ontario. This project encompasses 17 drill hole locations on the Big Damn and Annex areas, targeting significant gold deposits. The TPK Property features two mineralized systems with high-grade gold concentrations, including exceptional gold grain counts and assays as high as 94 g/t gold. The company plans a spin-out of the TPK Project alongside other Ontario properties to focus on these valuable assets. The merger with Royal Fox Gold Inc. is now complete, allowing further evaluations of opportunities.
Northern Superior Resources Inc. (NSUPF) has successfully completed the acquisition of Royal Fox Gold Inc. through a statutory plan of arrangement, gaining the Philibert gold project located in Québec. The new board includes members from Royal Fox, and notable appointments include Victor Cantore as Executive Chairman and Simon Marcotte as President and CEO. Following this acquisition, Northern Superior holds the largest property portfolio in the Chapais-Chibougamau district, with significant NI 43-101 compliant resources and ongoing drilling projects, enhancing its market position.
Northern Superior Resources (NSUPF) has announced the initiation of a 6,000m diamond drill program on its Croteau Est Property. This ambitious effort is aimed at exploring the Croteau North Shear Zone (CNSZ), which lies parallel to the Croteau-Bouchard Shear Zone (CBSZ), known to host a 640,000-ounce inferred gold resource. Previous drilling, particularly the CRO22-120 hole, yielded promising results, including 1.06g/t Au over 26m. The current program aims to validate the gold-bearing potential north of the CBSZ and includes further 2022 geological exploration.
Northern Superior Resources announced a new 3km long mineralized zone at its Lac Surprise property in Québec. This discovery is based on results from three recent drill holes and two historical holes, revealing significant gold grades, including 2.90 g/t Au over 3m. The company plans a 6,200m drill program in Q4 2022 to explore the Falcon Gold Zone and the new mineralized corridor, aiming for a potential maiden resource in 2023. President Dr. Morris emphasized the promising findings, indicating further drilling is warranted to uncover higher-grade areas.
Northern Superior Resources has filed a technical report titled NI 43-101 Technical Report Mineral Resource Estimation for the Chevrier Main Deposit, effective October 20, 2021, and completed on September 23, 2022. This report is available on SEDAR. Northern Superior focuses on gold exploration in Quebec's Chapais-Chibougamau Camp and trades on TSX-V under symbol SUP and OTCQB under NSUPF.
Northern Superior Resources announces a correction regarding the dial-in instructions for its 2022 Annual General Meeting set for September 23, 2022, at 4:15 PM ET. The previous notice, dated August 17, contained incorrect information. The correct dial-in numbers are 1 888-338-4913 or 647-412-4701, with the Conference ID of 5092764. Shareholders are advised to refer to the company’s website or SEDAR for further information. The release includes a cautionary note on forward-looking statements, indicating potential risks and uncertainties that may impact results.
Northern Superior Resources (OTCQB:NSUPF) has entered into a definitive agreement to acquire Royal Fox Gold (TSX-V: FOXG) in a transaction valued at approximately C$17 million. Royal Fox shareholders will receive 0.12 Northern Superior shares for each Royal Fox share, representing a 33% premium over recent trading prices. Additionally, a contingent value right (CVR) will allow further share issuance based on a mineral resource calculation of the Philibert project. This acquisition enhances Northern Superior's position in the Chapais-Chibougamau mining district, consolidating key assets and expertise.
Northern Superior Resources announced a significant new gold discovery at its Croteau Est property in Quebec, highlighted by drill results from winter programs.
The core drill hole CRO22_120 revealed a broad interval of 1.06 g/t Au over 26.3m, with higher grades of 1.928 g/t Au over 11.0m and 4.98 g/t Au over 3.0m. All eight drill holes intersected gold-bearing mineralization.
This discovery expands the existing 640,000 oz gold resource and identifies new targets, reinforcing the property's potential for further exploration and development.
Northern Superior Resources has successfully completed the acquisition of Genesis Metals Corp on July 13, 2022, enhancing its position as a leading gold exploration company. This strategic transaction consolidates two significant projects, Croteau Est and Chevrier, totaling approximately 1.295 million ounces of gold resources. The combined entity boasts a strong balance sheet with ~$12 million cash and the largest land position in the Chapais-Chibougamau Camp. Northern Superior plans aggressive exploration over the next year, aiming to leverage synergies from the acquisition.
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