Northern Superior Resources Inc. is pleased to announce that, further to its news releases of December 20 and December 31, 2018, it is has received approval from the TSX Venture Exchange regarding the consolidation of the Company's common shares on the basis of one post-consolidated common share for every 10 pre-consolidated common shares. Effective at the opening of trading on Monday, January 7, 2019 the Company's common [...]
Northern Superior Resources Inc. is pleased to announce that, further to its December 20, 2018 news release, it has closed its private placement of flow-through units for the maximum gross proceeds of $1,000,000 through the issuance of 30,303,000 pre-consolidation Units at a pre-consolidation price of $0.033 per Unit. Each Unit consists of one flow-through common share and one half of one non-flow-through common share [...]
Northern Superior Resources Inc. announces it will be consolidating its issued and outstanding common shares on the basis of one post-consolidation share for every ten pre-consolidation shares held. Additionally, the Company intends to complete a non-brokered private placement of up to 3,030,303 post-consolidation units at a price of $0.33 per Unit for minimum gross proceeds of $750,000.00 and maximum gross proceeds of [...]
Northern Superior Resources Inc. is pleased to announce it has entered into an agreement with Yamana Gold Inc. , granting Yamana an option to earn a 70% ownership interest in the Company's 100% owned TPK property, northwestern Ontario. Dr. T.F. Morris, President and CEO states: "For some time, Northern Superior has noted that a significant strategic partner is required to effectively move the TPK program forward. Yamana [...]
Sudbury, Ontario - Northern Superior Resources Inc. reports that it has issued a total of 1,279,121 common shares of the Company to its current and to one former independent board members. Issuance of these shares represents a portion of the total compensation owed to board members from Q3 and Q4 of 2017, and Q1 and Q2 of 2018. The shares were issued at a deemed value of $0.05 per common share and carry an aggregate value [...]
Sudbury, Ontario - Northern Superior Resources Inc. , is pleased to announce that it has updated a geological model for a portion of its gold-bearing Croteau-Bouchard Shear Zone , on its 100% owned Croteau Est Property in west-central Québec . This model was generated by a reputable independent consulting firm. Key observations from this model, coupled with the findings from several previous geological programs [...]
Sudbury, Ontario - Northern Superior Resources Inc. reports that it has concluded its lawsuit concerning its Thorne Lake, Metson Lake and Rapson Bay properties with the Ontario Government, avoiding any further court proceedings. The Company intends to request the Provincial Mining Recorder to remove the “Pending Proceedings” notation which was recorded on the Claims’ abstracts and to provide that the Claims will remain in [...]
Sudbury, Ontario - Northern Superior Resources Inc. , is pleased to announce that it will be participating in a number of events during the Prospectors and Developers Conference held from March 2 – 7, 2018. These include: Corporate Presentation at the Red Cloud Pre-PDAC Showcase conference being held at the Adelaide Hotel in Toronto, 325 Bay Street, Friday March 2, 2018; Dr. T.M. Morris will be presenting an invited [...]
Northern Superior Resources has successfully completed a significant multi-disciplinary mineral exploration program on its 100% owned TPK property during the third quarter of 2017. After an absence of any sustained follow-up exploration on the property for almost four years, Northern Superior has re-evaluated and revised its core hole drilling targets on both the Annex and Big Dam areas of the property . This was achieved [...]
Sudbury, Ontario - Northern Superior Resources Inc. , is pleased to release a revised longitudinal section for the Croteau Bouchard Shear Zone gold deposit, on its 100% owned Croteau Est Property, west- central Québec . This revised longitudinal section is derived from the integration of corehole drilling results from the recently completed 2017 Phase II and III drill programs on the Property with those from [...]
Sudbury, Ontario - Northern Superior Resources Inc. , is pleased to report results from the recently completed Phase III drill program within the Croteau Bouchard Shear Zone on its 100% owned Croteau Est Gold Property, Québec. Sixteen core drill holes totalling 6,282 metres of drilling were completed for this phase. Highlights of the Phase III Drill Program The Phase III drilling, combined with results from earlier [...]
Sudbury, Ontario - Northern Superior Resources Inc. , is pleased to report the results of its August 2017 till sampling program on the Annex portion of the Company’s Ti-pa-haa-kaa-ning property. This portion of the property encloses one of two, district scale mineralized systems that are recognized for their gold, silver and copper potential . The Annex portion of the property, like the 35km long, east-west striking [...]