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Cours Or & Argent

Northern Superior Resources Inc.

Publié le 11 janvier 2012

Intersects Mineralized Porphyry System, (0.83 g/t Gold; 3.07 g/t Silver; 0.55 % Copper; 0.028 % Moly

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Mots clés associés :   Canada | Copper |

Northern Superior Resources Inc. Intersects Mineralized Porphyry System, (0.83 g/t Gold; 3.07 g/t Silver; 0.55 % Copper; 0.028 % Molybdenum over 52.5 m), Rapson Bay, Northwestern Ontario

Sudbury, Ontario, January 11, 2012. Northern Superior Resources Inc. (�Northern� or the �Company�) is pleased to announce that it has intersected a variably sheared, mineralized porphyry system on its 100% owned, Rapson Bay property in Northwestern Ontario. The mineralization intersected in drill hole WB-11-008C consists of three mineralized zones (see Table 1). The main zone assayed 1.83 g/t Gold, 6.65 g/t Silver, 1.08 % Copper, 0.059 % Molybdenum over 18.0 m. There are two adjoining peripheral zones, Peripheral Zone 1 assayed 0.27 g/t Gold, 0.67 g/t Silver, 0.22 % Copper and 0.009 % Molybdenum over 19.6 m; Peripheral Zone 2 assayed 0.37 g/t Gold, 1.92 g/ t Silver, 0.32 % Copper and 0.017 % Molybdenum over 14.9 m (note this last width is a minimum value and additional sampling of core is required). The entire mineralized zone assayed 0.83 g/t Gold; 3.07 g/t Silver; 0.55 % Copper; 0.028 % Molybdenum over 52.5 m. This program was completed with the cooperation and support of Sachigo Lake First Nation.

It is important to note that porphyry deposits are considered the world�s most important source of copper and molybdenum and a key source of gold and silver. Most consist of copper values that range from 0.2 to more than 1 %, molybdenum values that range from 0.005 to 0.03%, gold values that range from 0.004 to 0.35 g/t and silver values that range from 0.2 to 5 g/t (see Table 2; Sinclair 2007).

Table 1: Rapson Bay: WB-11-08C, Shoal Hole Summary Of Mineralization
Zone Au (g/t) Ag (g/t) Cu (%) Mo (%) Length (m)
Main Mineralized Zone 1.83 6.65 1.08 0.059 18.0
Peripheral Mineralized Zone 1 0.27 0.67 0.22 0.009 19.6
Peripheral Mineralized Zone 2 0.37 1.92 0.32 0.017 14.9
           
Entire Mineralized Zone 0.83 3.07 0.55 0.028 52.5
NOTES: For Au, weighted averages have been presented.
For Ag, assay results reported in PPM are converted directly to g/t, and weighted averages are presented.

Table 2. Typical Mineralization Associated with Porphyry Deposits
Au (g/t) Ag (g/t) Cu (%) Mo (%)
0.004 - 0.35 0.2 - 5.0 0.2 - 1.0 0.005 0.03


Dr. T.F. Morris, President and CEO of Northern Superior states: �The 2011 Rapson Bay exploration program focused on evaluating three key areas of interest for gold mineralization (see Figure 1). The gold targets were generated after the completion of an initial airborne geophysical survey in the winter of 2011, followed by an integrated prospecting, overburden and bedrock sampling, geological mapping and ground geophysical program through the summer of 2011. Several targets were identified and 8 drill holes were completed during the fall of 2011. The results reported here are from a single drill hole completed within the �Rapson Bay Shoal� area of the property. The purpose of the hole was to test a reported outcrop sample that assayed 12 g/t gold over 4m. The mineralization intersected and reported here is associated with a large geophysical anomaly with a surface signature that is conservatively measured as 775 m long (see Figure 2), the width of the system has yet to be determined. Additional, similar and larger anomalies exist on the property as well as additional anomalous Au showings that suggest we may be dealing with a much larger, complex system and additional work is being planned. �

Drill results from the other two key areas, Wynne Bay (6 drill holes) and Gilleran Lake (1 drill hole) will be reported as results are received and processed from ALS Minerals in Thunder Bay.



Figure 1. Location of the three key areas of interest that have been identified and recently drilled on the Rapson Bay property. These include the Rapson Bay Shoal (reported here), Wynne Bay and Gilleran Lake. Note the location of the Monument Bay Au deposit 15km west of the Rapson Bay claim block. Also presented are several Au, Cu, Ag and Zn showings that are located within the Rapson claim block. 



Figure 2: Airborne magnetic survey showing the drill hole trace of WB-11-008C, as well as the mineralized zones identified. The coloured bars on the left side of the drill trace show the Peripheral Mineralization Zones in green and the Main Mineralization Zone in red. The coloured bar on the right side of the drill trace represents the entire mineralization zone intersected. The red dashed line represents the interpreted length of the mineralized zone as represented in the geophysics. 

Drill Hole WB-11-008C was drilled at a dip of -50 degrees and an azimuth of 40 degrees. The hole collared into syenite, and then grades into a massive to strongly foliated feldspar porphyry beginning at 31.50m. The mineralized zone is present between 60.30m and 112.80m and consists of a foliated, variably sheared feldspar porphyry characterized by pervasive silica flooding and sericite alteration with late chlorite filled fractures. Localized healed breccias are present throughout the mineralized intersections. Three distinct mineralized zones have been identified based on core logging and confirmed by assay results. These include the upper Peripheral Mineralization Zone 1, the Main Mineralized Zone and the lower Peripheral Zone 2. The Peripheral zones are generally characterized by less altered drill core with a lower proportion of sulfide minerals as compared to the extremely altered Main Mineralized Zone, distinguished by common sulfides. Mineralization identified within the drill core by macroscopic investigation includes chalcopyrite (3- 8%), bornite (1- 4%) and molybdenite (tr- 2%). With increasing depth at 164.40m, there is a sharp contact into gabbro, which continues to the end of hole at 399.30m 

The Company�s Qualified Person (�QP�) for the Rapson Bay gold property is Casey Hetman M.Sc., 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. 

Reference 

Sinclair, W.D., 2007, Porphyry deposits, in Goodfellow, W.D., ed., Mineral Deposits of Canada: A Synthesis of Major Deposit-Types, District Metallogeny, the Evolution of Geological Provinces, and Exploration Methods: Geological Association of Canada, Mineral Deposits Division, Special Publication No. 5, p. 223-243 

About Northern Superior Resources Inc. 

Northern Superior is a junior exploration company focused on exploring for gold and diamonds in the Superior Province of the Canadian Shield. The Company is actively exploring for gold within two important gold districts: the Stull-Wunnimun in Ontario and the Chibougamau in Quebec. The Company has a number of 100% owned properties (see Company web site, www.nsuperior.com) within these 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 further information contact: 

Thomas F. Morris PGeo., PhD., FGAC 

President and CEO 

Tel: (705) 525 -0992 

Fax: (705) 525 -7701 

e-mail: info@nsuperior.com 

www.nsuperior.com 

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. 


.
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Northern Superior Resources Inc.

EXPLORATEUR
CODE : SUP.V
ISIN : CA6658041000
Suivi et investissement
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Northern Superior Resources est une société d’exploration minière d'or basée au Canada.

Northern Superior Resources détient divers projets d'exploration au Canada.

Ses principaux projets en exploration sont BACHELOR LAKE, WACHIGABAU, THORNE LAKE, NORTH THELON URANIUM JV, VILLE MARIE DIAMOND, TI-PA-HAA-KAA-NING (TPK) et LESPERANCE au Canada.

Northern Superior Resources est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 181,5 millions CA$ (133,6 millions US$, 120,5 millions €).

La valeur de son action a atteint son plus haut niveau récent le 19 septembre 1997 à 9,60 CA$, et son plus bas niveau récent le 12 février 2016 à 0,01 CA$.

Northern Superior Resources possède 318 489 984 actions en circulation.

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Rapports annuels de Northern Superior Resources Inc.
2008 Annual report
Nominations de Northern Superior Resources Inc.
02/07/2013John Pollesel Joins Northern Superior’s Board of Directors
12/11/2012Fred Lecoq Joins Northern Superior's Board of Directors
Projets de Northern Superior Resources Inc.
21/01/2016Northern Superior expands its understanding and definition o...
28/02/2014Bold Ventures Signs Letter of Intent with Northern Superior ...
26/02/2014Reports New Gold-Bearing Shear Zones And Showings, Grizzly G...
12/11/2013Exploration Update Croteau Est West-Central Quebec
27/05/2013Agrees to Acquire Waconichi Gold Property, Chibougamau Gold ...
08/11/2012Intersects 25.8 g/t Gold Over 1.85m and Expands Croteau Est ...
12/09/2012Intersects High Grade Gold Zones and Expands Croteau Est Gol...
01/03/2012Reports Results from Gold-bearing Shear Zones, (Including 12...
11/01/2012Intersects Mineralized Porphyry System, (0.83 g/t Gold; 3.07...
12/10/2011N. Superior reports high grade gold, Croteau Prop.
21/09/2011N.Superior reports gold, Croteau Est Gold Property
14/04/2011(Ti-pa-haa-kaa-ning (tpk))Rainy River and Northern Superior Announce Initial Assays an...
04/02/2011(Ti-pa-haa-kaa-ning (tpk))and Northern Superior Announce Final Phase 1 Results and Com...
29/09/2010(Ti-pa-haa-kaa-ning (tpk))signs formal Option Agreement with Rainy River Resources
12/11/2009(Wachigabau)Additional Historical Gold Assay Results
29/10/2009(Thorne Lake)Intersects Gold-Bearing Shear Zones
16/09/2009(Ti-pa-haa-kaa-ning (tpk))Initiates Magnetic Gradiometer Survey
25/08/2009(Thorne Lake)Four Gold Showings Discovered on Thorne Lake Property, North...
08/07/2009(Thorne Lake)Explores for Source of Gold Grain-In-Till Dispersal Trains, ...
22/06/2009(Wachigabau)Initiates Wachigabau Exploration Program
Communiqués de Presse de Northern Superior Resources Inc.
02/08/2016Arthur Murdy Joins Northern Superior’s Board of Directors - ...
11/07/2016Bold Ventures and Northern Superior Announce Amber Drilling ...
23/06/2016Northern Superior Appeals Judgment Regarding its Action Agai...
25/05/2016Northern Superior Receives Litigation Judgement - 05/25/2016
03/05/2016Bold Ventures Mobilizes Drill to Amber Zone Gold Showing at ...
21/01/2016Northern Superior Expands its Understanding and Definition o...
14/01/2016Croteau-Est Gold Property Inferred Mineral Resource Estimate...
22/12/2015Northern Superior Resources Inc. Informed of Chalice Gold Mi...
22/12/2015Chalice’s Termination Announcement & NSR’s Response - 12/22/...
22/12/2015Chalice Gold Mines - Croteau Est Joint Venture Update
02/11/2015Grizzly Termination - 11/02/2015
02/11/2015Northern Superior Resources Announces Grizzly Property Optio...
07/10/2015Grizzly Gold Property Exploration Update - 10/07/2015
07/10/2015Northern Superior Reports Additional New Showing, Grizzly Pr...
05/10/2015Bold Ventures Completes Summer 2015 Gold Exploration Program...
05/10/2015Northern Superior's Plan to Keep Stakeholders Informed About...
29/09/2015Northern Superior Initiates Final Preparations for Trial Aga...
08/09/2015Litigation Update - 09/08/2015
08/09/2015Northern Superior Initiates Final Preparations for Trial Aga...
22/07/2015Northern Superior Initiates Next Generation Exploration Prog...
22/07/2015Northern Superior Initiates Next Generation Exploration Prog...
20/07/2015Chalice Gold Mines - June 2015 Quarterly Report and Cashflow...
23/04/2015Northern Superior Provides an Update on Its Litigation Again...
21/04/2015Chalice expands North American presence with farm-in deal on...
21/04/2015Northern Superior Resources Inc. and Chalice Gold Mines Limi...
13/03/2015s Board Committees and Management Responsibilities
13/03/2015Northern Superior Resources Inc. Updates Board Committees an...
17/02/2015Bold Ventures Continues to Advance Lac Surprise Gold Potenti...
29/01/2014responds to Government of Ontario’s Statement of Defence
27/01/2014Lac Surprise Gold Property: An Excellent Opportunity In The ...
18/11/2013elaborates on legal action against the Government of Ontario...
25/10/2013commences legal action against the Government of Ontario
23/09/2013Recognized for Its Commitment to Progressive Aboriginal Rela...
16/07/2013Signs Option to Acquire 100% Interest in the Grizzly Gold Pr...
11/06/2013Signs Pre-Development Agreement with the Grand Council of th...
12/02/2013Initiates 2013 Drill Programs, Croteau Est/ Waconichi Gold P...
16/01/2013Continues to Intersect High Grade Gold Zones, Further Expand...
16/01/2013Continues to Intersect High Grade Gold Zones, Further Expand...
09/01/2013Ti-paa-haa-ka-ning, New Growth, New Growth Annex; A Renewed ...
10/12/2012Stock Options Issued
03/10/2012New Corporate Office
25/06/2012Drilling Discovers Gold Mineralization, New Growth Annex wit...
11/06/2012DRILLING EXPANDS CROTEAU EST GOLD DISCOVERY WITH GRADES UP T...
07/06/2012signs Option Agreement to acquire a 70% interest in Murgor R...
23/01/2012Intersects 32.6g/t Gold over 1.0 m, Rapson Bay Gold Property...
18/01/2012Rainy River Resources And Northern Superior Resources Announ...
11/01/2012Subject
19/12/2011Intersects Gold-Bearing Rock, Croteau Est Gold Property, Chi...
25/10/2011N. Superior Recovers Gold-Bearing Boulder
07/09/2011at The World Money Show, Toronto
09/05/2011at New York Hard Asset Conf.
20/02/2011N.Superior Ramps-Up Logistics for 2011 Expl. Prog.
20/02/2011Makes the “2011 TSX Venture 50”
04/02/2011Rainy River and Northern Superior Announce Final Phase 1 Res...
01/02/2011Increases Interest in Northern Superior Resources Inc.
31/01/2011Lake Shore Gold Increases Interest in Northern Superior Reso...
23/04/2010At Chicago Resource Expo.
06/04/2010Northwestern Ontario Prospectors Assoc. Meeting
05/03/2010Attends PDAC
15/01/2010Presenting at the Cambridge House Show, Vancouver
27/10/2009Defines Additional Gold Exploration Targets
19/06/2009adoption of Shareholders Rights Plan.
28/05/2009Signs Option Agreement with INV
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