Northern Superior Resources Update on Lac Surprise in Quebec

Northern Superior Resources announced that drilling has extended the previously announced new gold discovery at Lac Surprise by 200 metres to the west with the
Northern Superior Resources Update on Lac Surprise in Quebec
Northern Superior Resources Lac SurpriseNorthern Superior Resources

Northern Superior Resources announced that drilling has extended the previously announced new gold discovery at Lac Surprise by 200 metres to the west with the announcement of a second discovery hole. Hole LCS19-005(ext) recorded an intersection of 1.55g/t gold equivalent over 44.9m, including 3.82g/t AuEq over 15m. This discovery hole appears to be on strike and only 1.6 kilometres from IAMGOLD/Vanstar's westernmost reported step-out drillhole

Highlights:

Newly discovered gold zone extended by 200m along strike to the west with hole LCS19-005(ext) recording 1.44 g/t gold and 1.08 g/t silver or 1.55g/t AuEq over 44.9m, including 3.60 g/t gold and 1.92 g/t silver or 3.82g/t AuEq over 15m (Tables 1, 2 and 3);

On November 5, 2020 (see Northern Superior press release), the new gold zone was discovered by hole LCS20-13 recording 1.02 g/t gold and 3.92 g/t silver or 1.07 g/t AuEq over 35.5m with a high-grade interval of 7.70 g/t gold and 38.96 g/t silver or 8.22 g/t AuEq over 2.6m;

In hole LCS19-005(ext) the host material and associated properties are very similar to that reported for Nelligan including:

i) Host material consists of coarser clastic materials (hole LCS19-005ext. consists mainly of greywacke);

ii) Moderate- strong Pyrite content varying between 3 to 6% mostly in thin dissemination, fracture, veinlets controlled and often in stringers; and

iii) With decametric moderate to strong silicification and sericitization spatially related.

Southern extension of the Épervier zone from hole LCS20-13 with hole LCS20-14 recording 0.870g/t AuEq over 6m. The Épervier zone was originally discovered from the Company's 2019 core drill program, highlighted by hole LCS19-008 which assayed 1.54g/t Au over 15.15m (see Northern Superior Resources press release, December 9, 2019).

Lac Surprise is 100% owned by Northern Superior, consists of a large 15,178.5 hectares land package and has numerous high priority drill targets identified. Northern Superior's fall drill program focused on several targets immediately west of the Vanstar/IAMGold JV Nelligan gold property which hosts the 3.2 million ounce at 1.02 g/t Au inferred Nelligan resource (see reference to technical report on next page).

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