Northern Superior Resources Inc. is a well-financed exploration company engaged in the identification, evaluation, acquisition and exploration, primarily of gold properties, in Ontario and Québec. The Company identifies exploration opportunities from its vast geoscientific data base, advances them through to discovery through its unique approach to exploration, with the intention of ultimately optioning, joint venturing or selling the asset. Northern Superior is currently focused on advancing its key asset, the Ti-pa-haa-kaa-ning (TPK) project in northwestern Ontario.
The TPK property is a large land package covering an area of 20x 30 km (47,796 hectares). Contained within the property boundary are two district scale mineral systems. The first stretching 35kms across the property defined by: i) the largest gold grain-in-till dispersal apron in North America; ii) high grade gold-bearing boulders assaying as high as 94 g/ t gold; and iii) a discovery hole that assayed 25.9g/t gold over 13.5m. The second system, separate and distinct from the first, is associated with the Keely Lake gold grain-in-till dispersal corridor (3.5km wide) containing boulders assaying as high as 727 g/ t gold, 111 g/t silver and 4.05% copper.
The Company is fully financed with $3.7MM allocated towards a core drill program this year, initially to test two key targets identified in the Big Dam area and three within the Annex areas of the property. The program is fully permitted and is operated under an Early Exploration Benefits Agreement with the local First Nation Community of Neskantaga.