Northern
Superior Resources Inc. Makes the
"2011
TSX Venture 50�
Sudbury,
Ontario, February 15, 2011. Northern Superior Resources Inc. (the
"Company") is pleased to announce that it has been named to the 2011
TSX Venture 50. The TSX Venture 50 are the top 10 companies listed on the TSX
Venture Exchange, in each of five major industry sectors��
mining, oil & gas, technology & life sciences, diversified
industries and clean technology – based on a ranking formula with equal
weighting given to return on investment, market cap growth, trading volume and
analyst coverage. All data was as of December 31, 2010 (source: TSX news
release, February 15, 2011).
Dr.
T.F. Morris, President and CEO of Northern Superior Resources states:
"This is a great achievement to be named to the top 10 companies listed on
the TSX Venture Exchange within one of the Exchange's five major industry
sectors---mining. The staff and management are deeply honored and flattered to
receive this prestigious award. The Company has worked hard to give its
shareholders the benefit of quality exploration programs, which provide the
foundation for Northern Superior's growth. We look forward to sharing the
results of further hard work with our shareholders through 2011 and
beyond!"
About
Northern Superior
Northern
Superior Resources Inc. is a junior exploration company focused on exploring
for gold and diamonds in the Superior Province of the Canadian Shield. The
Company currently has three active, high quality gold exploration projects in
Ontario and Quebec- TPK, Thorne Lake and Wachigabau (see Company web site, www.superior.com). These projects, and eight
more early stage gold exploration projects (Rapson Bay, Meston Lake, New
Growth, Lespinay, Lac Surprise, Hazeur, Chibougamou River and Lemarck Creek),
were all developed from the Company's extensive geoscientific data base.
Additional gold exploration projects are currently being developed from this
data base. In addition to optioning out the TPK property, the Company is
currently looking to option-out its other 100% owned Rapson Bay, Meston Lake,
New Growth, Lespinay, Lac Surprise, Hazeur, Chibougamou River and Lemarck Creek
gold projects. 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.ca
www.nsuperior.com
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.