Northern Superior Resources Inc. (TSX-V:SUP, OTCQX:NSUPF) has announced the final assay results for nine holes completed on the Falcon Gold Zone (FGZ) at its 100% owned Lac Surprise property in Québec, which included 0.90 grams per tonne (g/t) gold over 59.0 metres (m), from 86.0m to 145.0m, including 3.23 g/t gold over 4.2m from 96.5m to 100.7m.
The gold exploration company said it completed 11 definition core drill holes in the current program designed to test the near surface continuity and depth extension of the FGZ, with all eight holes reported today having successfully intersected gold-bearing zones.
“The results released today from the Falcon Gold Zone reinforce the striking similarities it shares with IAMGOLD's Nelligan gold deposit, which is located only two kilometres to the east,” Northern Superior Resources CEO Simon Marcotte said in a statement.
“We also note that the robust thickness and remarkable vertical and lateral continuity observed in the Falcon Gold Zone emphasizes how the deposit allows for an easy conversion of near-surface gold ounces,” he added.
Marcotte also noted that the company has set its sights on conducting a maiden resource estimate for the FGZ, subsequently to the resource estimate on the Philibert project, which is only nine kilometres from Nelligan.
Northern Superior added that it has completed 12 exploration drill holes on the Lac Surprise property to test regional targets and follow up drilling on the newly discovered mineralized trend associated with the Guercheville Deformation Zone (GDZ), with results that included 1.84 g/t gold over 11.5m.
Mineralization at GDZ shows strong similarities to the FGZ mineralization including similar host rocks and structural setting, the company stated.
Northern Superior Resources 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 of more than 62,000 hectares.
Its main properties include Philibert, Lac Surprise, Chevrier and Croteau Est.
Contact Sean at sean@proactiveinvestors.com