SUP Northern Superior Resources Inc

Northern Superior Resources (TSX VENTURE:SUP) ("Northern Superior" or the
"Company") 100% owned Ville-Marie diamond property located in west-central
Quebec (Figure 1), is a project of opportunity in a revitalized Canadian diamond
sector. Northern Superior's predecessor, Superior Diamonds Inc., completed
extensive diamond exploration from 2003-2008 on the original Ville-Marie
property discovering two kimberlite pipes and defining a series of (10)
high-quality kimberlite targets. As a consequence, the Property was maintained
to include the key assets in Northern Superior's portfolio: the Morin kimberlite
pipe and the 10 targets (Figure 2). Due to a renaissance in Canadian diamond
exploration, it is important to remind the industry of the potential of the
Ville-Marie property. The Company is seeking an option partner to advance
exploration in 2014.


The highly prospective Ville-Marie diamond property is situated within the
Temiscamingue Structural Zone (TSZ- Figure 1). The Property consists of a large
contiguous 130 claim block (6,532 hectares), located within the core of the
well-defined TSZ which represents an area of the Superior Craton that is
considered prospective for diamondiferous kimberlites. Two kimberlite pipes have
been defined to-date: the Morin diamondiferous pipe and the Honorat pipe
(untested for microdiamonds). A yellow transparent microdiamond was recovered
from the Morin pipe in 2007 from only 6.92 kilograms of crater-facies kimberlite
drill core. Diamond indicator mineral geochemistry from the Morin pipe confirms
that the area has the potential for the discovery of diamond-bearing kimberlites
(see press release, Superior Diamonds Inc., September 20, 2007).


The discovery of the Morin and Honorat pipes provided key signatures that serve
as extremely important exploration guides elsewhere on the Property. The 10
targets defined by Northern Superior (Figure 2) are based on these signatures
and include: a) the distribution and concentration of KIMs (including G10
Cr-pyrope garnets, pyrope-almandine (eclogitic paragenesis) garnets, high
Cr-chromites, kimberlitic ilmenites and Cr-diopsides; b) kimberlite float (same
suite of KIMs); and c) magnetic and gravity geophysical anomalies.


Dr. T.F. Morris comments: "Given the renewed interest in Canadian diamond
exploration, Northern Superior has made a strategic decision to find a partner
to advance the exploration on this high potential Property. With 10 untested
kimberlite targets defined within a proven kimberlite field, the potential for
success is high. All of these targets are easily accessible in a region that is
supportive of exploration. Northern Superior will be aggressively looking for a
partner to move exploration on this Property forward as we continue to focus on
our gold properties."


The Company's Qualified Person ("QP") for the Ville-Marie property is Scott
Parsons (MSc., MBA, P.Geo.). As the QP, Mr. Parsons has prepared or supervised
the preparation of the scientific and technical information for this program and
has verified the data disclosed in this press release. 


To view Figure 1, Property location, Ville-Marie, Quebec, please visit the
following link: http://media3.marketwire.com/docs/sup1.jpg.


To view Figure 2, Ville-Marie property, location of the Morin kimberlite pipe
and proposed kimberlite targets, please visit the following link:
http://media3.marketwire.com/docs/sup2.jpg.


About Northern Superior Resources Inc.

Northern Superior is a junior exploration company exploring for gold in the
Superior Province of the Canadian Shield, specifically in the Provinces of
Quebec and Ontario (see Company web site, www.nsuperior.com) in the
Stull-Wunnumin (Ontario) and Chibougamau-Chapais (Quebec) gold districts.
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 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Northern Superior Resources
Thomas F. Morris P.Geo., FGAC, PhD., ICD.D
President and CEO
(705) 525 -0992
(705) 525 -7701 (FAX)
info@nsuperior.com
www.nsuperior.com

Northern Superior Resour... (TSXV:SUP)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024

Northern Superior Resour... (TSXV:SUP)
과거 데이터 주식 차트
부터 6월(6) 2023 으로 6월(6) 2024