Northern Superior Reports 5.96 G/t Gold Over 10.0 Metres, 2.94 G/t Gold Over 14.0 Metres, and 1.63 G/t Gold Over 20.6 Metres From the Arctic Fox Zone of the Philibert Project

Toronto, Ontario, Canada, January 11, 2023 – Northern Superior Resources Inc. (“Northern Superior” or the “Company”) (TSXV: SUP) (OTCQX: NSUPF) is pleased to report the remaining assay results for the Arctic Fox Zone (see Figures 1 and 2) from its 2022 core drill campaign on the Philibert gold property (see press release dated November 15, 2022), located 60 kilometres southwest of Chibougamau, Québec.

HighlightsInclude (Grades uncut; lengths measured along hole, Table 1):

  • 23 Holes Remain Pending (from the 2022 Philibert drill core program);
  • DDH PB-22-360 returned 5.96 g/t Au over 10.0 metres 180.0 to 190.0 metres, including 11.2 g/t Au over 0.5 metres from 181.5 to 182.0 metres and including 12.9 g/t Au over 0.5 metres from 182.5 to 183.0 metres;
  • DDH PB-22-339 returned 2.94 g/t Au over 14.0 metres from 340.0 to 354.0 metres, including 4.01 g/t Au over 8.9 metres from 341 to 349.9 metres, and including 9.79 g/t Au over 2.0 metres from 346.0 to 348.0 metres;
  • DDH PB-22-400 returned 1.63 g/t Au over 20.6 metres from 86.4 to 107.0 metres, including 3.61 g/t Au over 7.6 metres from 86.4 to 94.0 metres and 1.26 g/t Au over 9.5 metres from 116.0 to 125.5 metres;
  • DDH PB-22-390 returned 1.18 g/t Au over 19.0 metres from 101.0 to 120.0 metres and,
  • DDH PB-22-407 returned 1.03 g/t Au over 20.0 metres from 66.0 to 86.0 metres.

Simon Marcotte, President & CEO of Northern Superior, commented: “We continue to be impressed by the results from the 2022 drill program on the Arctic Fox Zone. Results continue to show high grade gold over considerable widths along strike and down dip. We look forward to continuing to expand the zone along strike and down plunge especially toward the fault zone, known as the Fennec Fox area.”

Mr. Marcotte added: “Following our consolidation endeavors in 2022, the year ahead promises to be a busy and exciting year for Northern Superior. Not only do we still have 23 holes pending from the Philibert program, but results from the recently completed drilling campaigns at Lac Surprise and Croteau Est, cumulating over 19,000 metres, will also provide for significant news flow in the weeks and months ahead. We also remain on track for an updated resource estimate on Philibert in the next few months, which we trust will establish Philibert as a pillar of this rapidly emerging gold camp.”

2022 Drill Program

Northern Superior is reporting assay results from the remaining sixteen drill holes for the Arctic Fox Zone, completed in 2022. This zone is part of the northwestern footwall located within the 3-kilometre Philibert mineralized corridor. To date, the Arctic Fox Zone has been defined over 600 metres along strike and up to 275 metres vertical depth.

Results reported today include drill hole PB-22-339 one of the deepest holes to test the southern part of the Arctic Fox Zone at a vertical depth of 270 metres, which returned 2.94 g/t Au over 14.0 metres from 340.0 to 354.0 metres. Drill hole PB-22-360 also tested mineralization down dip on the southern Arctic Fox Zone and returned 5.96 g/t Au over 10.0 metres from 180.0 to 190.0 metres at a vertical depth of 145 metres. Drill hole PB-22-358 drilled near surface and up dip of drill holes PB-22-360 and PB-22-339 in the southwestern extent of the Arctic Fox Zone returned 1.99 g/t Au over 12.4 metres from 42.7 to 55.1 metres (see Figures 1, 2 and 3). From the eastern extent of the southern Arctic Fox Zone drill holes PB-22-369 and PB-22-373 appear to be drilled too far south missing the intended mineralized zone.

From the central area of the northern Arctic Fox Zone, drill hole PB-22-407 returned 1.03 g/t Au over 20.0 metres from 66.0 to 86.0 metres and PB-22-400 returned 1.63 g/t Au over 20.6 metres from 86.4 to 107.0 metres. In the eastern area of the northern Arctic Fox Zone drill hole PB-22-390 returned 1.18 g/t Au over 19.0 metres from 101 to 120.0 metres (see Figures 1, 2 and 4)The most eastern drill hole testing the northern Arctic Fox Zone, PB-22-413 returned weak mineralization and may have been drilled south of the surface extent of the interpreted zone.

Mineralization is hosted in a quartz rich gabbro named the Philibert Horizon, part of the Obatogamau Formation, and focused within west-northwest to northwest trending silicified shear zones with moderate dips to the northeast. Mineralization is characterized by strong ankerite and silicification including dark grey quartz veining and up to 20% disseminated pyrite and pyrrhotite mineralization. See Table 1 and Figures 1 to 5 below.

Complete assay results for the 2022 drill program, Arctic Fox Zone, are provided in Appendix One.

Table 1:  Reported Assay Results, Arctic Fox Zone

Drill HoleFrom (m)To (m)Interval (m)Au (g/t)Zone
PB-22-339340.0354.014.02.94Arctic Fox – North
including341.0349.98.94.01Arctic Fox – North
and including346.0348.02.09.79Arctic Fox – North
PB-22-35842.755.112.41.99Arctic Fox – South
including49.855.15.33.11Arctic Fox – South
and69.270.10.90.97Arctic Fox – South
PB-22-360180.0190.010.05.96Arctic Fox – South
including181.5182.00.511.20Arctic Fox – South
including182.5183.00.512.90Arctic Fox – South
PB-22-363108.0109.01.00.80Arctic Fox – North
and125.0127.02.00.51Arctic Fox – North
and208.0210.22.20.97Arctic Fox – North
PB-22-36913.614.81.20.40Arctic Fox – South
PB-22-37315.318.12.80.66Arctic Fox – South
and62.570.58.00.54Arctic Fox – South
including65.065.70.72.77Arctic Fox – South
PB-22-390101.0120.019.01.18Arctic Fox – North
including104.0106.02.02.63Arctic Fox – North
including111.0114.03.02.41Arctic Fox – North
including119.0120.01.03.26Arctic Fox – North
PB-22-39853.056.03.01.64Arctic Fox – North
and87.795.07.30.63Arctic Fox – North
PB-22-40086.4107.020.61.63Arctic Fox – North
including86.494.07.63.61Arctic Fox – North
and116.0125.59.51.26Arctic Fox – North
PB-22-40496.2103.67.40.70Arctic Fox – North
including97.098.81.81.81Arctic Fox – North
PB-22-40689.094.05.01.05Arctic Fox – North
PB-22-40716.917.60.70.65Arctic Fox – North
and66.086.020.01.03Arctic Fox – North
including66.067.01.02.00Arctic Fox – North
including78.080.02.03.40Arctic Fox – North
and100.0101.01.00.54Arctic Fox – North
PB-22-40917.035.518.50.57Arctic Fox – North
including21.522.00.52.72Arctic Fox – North
including34.435.51.14.43Arctic Fox – North
PB-22-41112.517.55.01.39Arctic Fox – North
including15.516.51.04.00Arctic Fox – North
and36.340.54.22.44Arctic Fox – North
including36.337.51.24.00Arctic Fox – North
PB-22-41235.057.322.30.61Arctic Fox – North
including35.036.01.02.13Arctic Fox – North
including46.047.01.03.08Arctic Fox – North
including56.056.60.65.22Arctic Fox – North
PB-22-41319.422.53.10.89Arctic Fox – North
and30.037.07.00.43Arctic Fox – North
and46.047.01.00.63Arctic Fox – North

Note: drill results are presented uncapped; lengths represent core lengths.

Figure 1: Plan map with results from current press release for the Arctic Fox Zone. Section lines for Figure 3 and 4 in yellow.

Figure 2: Longitudinal view of the Arctic Fox Zone – looking northeast inclined at 30 degrees.

Figure 3: Section L11480W showing hole PB-22-358, PB-22-360 and PB-22-339 – Arctic Fox Zone. Section width is 85.0 metres.

Figure 4: Section L11080Wshowing hole PB-22-390 Arctic Fox Zone. Section width is 60.0 metres.

Figure 5: Drill core photo of PB-22-360 from 180.0 to 190.0 metres with 5.96 g/t Au over 10.0 metres.

Sampling and Laboratory

True widths of the intercepts reported in this press release have yet to be determined but are estimated to be 60% to 90% of reported core lengths. All NQ-size split core assays reported for 2022 were obtained by fire assay with atomic absorption finish and samples returning values over 10 ppm Au are re-analyzed, utilizing standard Fire Assay-Gravimetric methods. Samples were shipped to AGAT Laboratories with sample preparation done in Val-d’Or, Québec and sample analysis done in Mississauga, Ontario. The quality assurance and quality control protocol include insertion of blank and standard every 25 samples on average, in addition to the regular insertion of blank, duplicate, and standard samples inserted by AGAT Laboratories during the analytical process.

The technical content and scientific aspects of this press release have been reviewed and approved by Mrs. Adree DeLazzer, P. Geo., a Qualified Person as defined by the National Instrument 43-101. Mrs. DeLazzer is Vice-President Exploration of Northern Superior and is not considered independent.

About Northern Superior Resources Inc.

Northern Superior is a gold exploration company focused on the Chapais-Chibougamau Camp in Québec. The Company has consolidated the largest land package in the region, with total land holdings currently exceeding 62,000 hectares. The main properties include Philibert, Lac Surprise, Chevrier and Croteau Est. Northern Superior also owns significant exploration assets in Northern Ontario highlighted by the district scale TPK Project.

The Philibert Project is located 9km from IAMGOLD Corporation’s Nelligan Gold project which was awarded the “Discovery of the Year” by the Québec Mineral Exploration Association (AEMQ) in 2019. To date, more than C$13 million (historical value) have been spent on the Philibert Project, with more than 75,000 metres of drilling completed. The Philibert Project is owned by SOQUEM; the Company is currently undergoing an ownership option process, details of which can be found in the corporate presentation. Chevrier hosts an inferred mineral resource of 652,000 ounces Au (underground and open pit) and an indicated mineral resource of 260,000 ounces Au. Croteau Est hosts an inferred mineral resource of 640,000 ounces Au. Lac Surprise hosts the Falcon Zone Discovery, interpreted to be the western strike extension of IAMGOLD Corporation’s Nelligan Deposit.

Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP, and the OTCQB Venture Market under the symbol NSUPF. For further information, please refer to the Company’s website at www.nsuperior.com or on SEDAR (www.sedar.com).

About SOQUEM

SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery, and development of mining properties in Québec. SOQUEM also contributes to maintaining strong local economies. Proud partner and ambassador for the development of Québec’s mineral wealth, SOQUEM relies on innovation, research, and strategic minerals to be well-positioned for the future.

Northern Superior Resources Inc. on Behalf of the Board of Directors

Simon Marcotte, CFA, President and Chief Executive Officer

Contact Information

Simon Marcotte, CFA
President and Chief Executive Office
Tel: (647) 801-7273
info@nsuperior.com

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.

Cautionary Note Regarding Forward-Looking Statements

This Press Release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the applicable securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Appendix One

Complete Assay Results, 2022 Drill Program Arctic Fox Zone.

Drill HoleFrom (m)To (m)Interval (m)Au (g/t)ZonePress Release
PB-22-333419.6422.63.01.13Arctic Fox – NorthReported 5-Jul-22
PB-22-339340.0354.014.02.94Arctic Fox – NorthCurrent PR
including341.0349.98.94.01Arctic Fox – NorthCurrent PR
including346.0348.02.09.79Arctic Fox – NorthCurrent PR
PB-22-34565.667.51.90.92Arctic Fox – SouthReported 5-Jul-22
PB-22-34634.552.518.01.22Arctic Fox – SouthReported 5-Jul-22
including36.041.05.02.26Arctic Fox – SouthReported 5-Jul-22
PB-22-34718.723.64.92.87Arctic Fox – SouthReported 5-Jul-22
including21.822.81.06.48Arctic Fox – SouthReported 5-Jul-22
and32.743.510.80.30Arctic Fox – SouthReported 5-Jul-22
PB-22-3499.325.316.02.75Arctic Fox – SouthReported 5-Jul-22
including9.312.02.75.11Arctic Fox – SouthReported 5-Jul-22
and including20.025.35.35.00Arctic Fox – SouthReported 5-Jul-22
and41.054.013.01.18Arctic Fox – SouthReported 5-Jul-22
including53.054.01.08.20Arctic Fox – SouthReported 5-Jul-22
PB-22-3509.010.01.06.41Arctic Fox – SouthReported 5-Jul-22
and40.043.03.00.75Arctic Fox – SouthReported 5-Jul-22
PB-22-35112.317.04.71.75Arctic Fox – NorthReported 20-Jul-22
including13.014.01.07.30Arctic Fox – NorthReported 20-Jul-22
and68.079.011.04.57Arctic Fox – SouthReported 5-Jul-22
including72.078.06.07.88Arctic Fox – SouthReported 5-Jul-22
and108.0112.04.00.85Arctic Fox – SouthReported 5-Jul-22
PB-22-353116.9118.01.12.79Arctic Fox – SouthReported 5-Jul-22
including116.9117.50.64.72Arctic Fox – SouthReported 5-Jul-22
PB-22-356117.0133.016.01.24Arctic Fox – SouthReported 5-Jul-22
including117.0127.510.51.73Arctic Fox – SouthReported 5-Jul-22
PB-22-35842.755.112.41.99Arctic Fox – SouthCurrent PR
including49.855.15.33.11Arctic Fox – SouthCurrent PR
and69.270.10.90.97Arctic Fox – SouthCurrent PR
PB-22-36083.084.01.05.29Arctic Fox NorthReported 20-Jul-22
and180.0190.010.05.96Arctic Fox SouthCurrent PR
including181.5182.00.511.20Arctic Fox SouthCurrent PR
including182.5183.00.512.90Arctic Fox SouthCurrent PR
PB-22-363108.0109.01.00.80Arctic Fox – NorthCurrent PR
and125.0127.02.00.51Arctic Fox – NorthCurrent PR
and208.0210.22.20.97Arctic Fox – NorthCurrent PR
PB-22-367A38.558.219.71.00Arctic Fox – NorthReported 20-Jul-22
including39.645.25.61.80Arctic Fox – NorthReported 20-Jul-22
including51.355.03.71.75Arctic Fox – NorthReported 20-Jul-22
and107.6109.62.00.57Arctic Fox – SouthReported 5-Jul-22
and167.0170.53.51.09Arctic Fox – SouthReported 5-Jul-22
PB-22-36913.614.81.20.40Arctic Fox SouthCurrent PR
PB-22-37315.318.12.80.66Arctic Fox – SouthCurrent PR
and62.570.58.00.54Arctic Fox – SouthCurrent PR
including65.065.70.72.77Arctic Fox – SouthCurrent PR
PB-22-38592.3118.025.72.22Arctic Fox NorthReported 20-Jul-22
including92.398.05.76.02Arctic Fox NorthReported 20-Jul-22
and including108.0111.03.03.24Arctic Fox NorthReported 20-Jul-22
PB-22-387113.0114.01.00.93Arctic Fox – NorthReported 20-Jul-22
and128.0135.07.00.78Arctic Fox – NorthReported 20-Jul-22
PB-22-390101.0120.019.01.18Arctic Fox – NorthCurrent PR
including104.0106.02.02.63Arctic Fox – NorthCurrent PR
including111.0114.03.02.41Arctic Fox – NorthCurrent PR
including119.0120.01.03.26Arctic Fox – NorthCurrent PR
PB-22-394A130.0146.916.91.49Arctic Fox – NorthReported 20-Jul-22
including132.0135.33.33.89Arctic Fox – NorthReported 20-Jul-22
PB-22-39796.0119.323.31.11Arctic Fox – NorthReported 20-Jul-22
including111.3119.38.02.28Arctic Fox – NorthReported 20-Jul-22
PB-22-39853.056.03.01.64Arctic Fox NorthCurrent PR
and87.795.07.30.63Arctic Fox NorthCurrent PR
PB-22-40086.4107.020.61.63Arctic Fox – NorthCurrent PR
including86.494.07.63.61Arctic Fox – NorthCurrent PR
and116.0125.59.51.26Arctic Fox – NorthCurrent PR
PB-22-403138.6146.88.20.68Arctic Fox – NorthReported 20-Jul-22
including141.5143.41.91.21Arctic Fox – NorthReported 20-Jul-22
and170.9171.40.52.08Arctic Fox – NorthReported 20-Jul-22
and177.3179.82.50.62Arctic Fox – NorthReported 20-Jul-22
PB-22-40496.2103.67.40.70Arctic Fox – NorthCurrent PR
including97.098.81.81.81Arctic Fox – NorthCurrent PR
PB-22-40689.094.05.01.05Arctic Fox – NorthCurrent PR
PB-22-40716.917.60.70.65Arctic Fox – NorthCurrent PR
and66.086.020.01.03Arctic Fox – NorthCurrent PR
including66.067.01.02.00Arctic Fox – NorthCurrent PR
including78.080.02.03.40Arctic Fox – NorthCurrent PR
and100.0101.01.00.54Arctic Fox – NorthCurrent PR
PB-22-40917.035.518.50.57Arctic Fox – NorthCurrent PR
including21.522.00.52.72Arctic Fox – NorthCurrent PR
including34.435.51.14.43Arctic Fox – NorthCurrent PR
PB-22-41112.517.55.01.39Arctic Fox – NorthCurrent PR
including15.516.51.04.00Arctic Fox – NorthCurrent PR
and36.340.54.22.44Arctic Fox – NorthCurrent PR
including36.337.51.24.00Arctic Fox – NorthCurrent PR
PB-22-41235.057.322.30.61Arctic Fox – NorthCurrent PR
including35.036.01.02.13Arctic Fox – NorthCurrent PR
including46.047.01.03.08Arctic Fox – NorthCurrent PR
including56.056.60.65.22Arctic Fox – NorthCurrent PR
PB-22-41319.422.53.10.89Arctic Fox – NorthCurrent PR
and30.037.07.00.43Arctic Fox – NorthCurrent PR
and46.047.01.00.63Arctic Fox – NorthCurrent PR

Note: drill results are presented uncapped; lengths represent core lengths.

Core Drill Hole Data, 2022 Program, Arctic Fox Zone.

Hole_IDEastingNorthingElevationAzimuthDipFinal Depth
NAD83ZN17NAD83ZN17MetresDegreesDegreesMetres
PB-22-333528426548123038121055501.6
PB-22-339528306548118838220754399.0
PB-22-345528002548092238021055135.0
PB-22-346527996548088738221050108.0
PB-22-34752804254808163802104866.0
PB-22-34952808354807923802105081.0
PB-22-35052814554807523782105166.0
PB-22-351528161548084637821052144.0
PB-22-353528108548092138021055153.0
PB-22-356528084548096638121062177.0
PB-22-358528036548087238121050132.0
PB-22-360528169548102538121052240.0
PB-22-363528323548097138021054270.0
PB-22-36752822854808813802106015.0
PB-22-3695282115480772380210.042120.0
PB-22-3735282105480772379210.070150.0
PB-22-3855285445480797378.121055167.7
PB-22-3875285135480823374.921080180.0
PB-22-3905285135480823375.821056159.0
PB-22-394A5284885480866377.2210.062.0177.0
PB-22-3975284395480860377.2210.061.0144.0
PB-22-3985283385480840379.02105099.0
PB-22-4005283685480892380.1210.055.0150.0
PB-22-4035284355480928380.1210.058.0195.0
PB-22-4045283925480854380.1210.060.0138.0
PB-22-4065283155480872381.9210.080.0129.0
PB-22-4075283095480874379.9210.055.0117.0
PB-22-4095283875480764378.4210.050.078.0
PB-22-4115283465480778377.1210.045.075.0
PB-22-4125285405480707375.0210.060.090.0
PB-22-4135286005480658373.8210.058.060.0

Drill hole collar coordinates in NAD 83 UTM Zone 17