Headline
Vancouver
|
June 08, 2023 01:39 PM Eastern Daylight Time
Northern Superior Resources CEO Simon Marcotte joined Steve Darling from Proactive to share news the company has released the final assay results for nine holes completed on the Falcon Gold Zone within the Chibougamau gold camp in Québec.
The results include 0.90 grams per tonne (g/t) gold over 59 metres (m) and 0.73 g/t gold over 61m from the Falcon Gold Zone and 1.84 g/t gold over 11.5m from exploration drilling at Lac Surprise.
Marcotte telling Proactive the results share similarities with IAMGOLD's Nelligan gold deposit, which is located only 2 kilometres to the east. The company is preparing resource estimates for the Philibert and Falcon zones separately but emphasizes the proximity of these deposits to each other, offering significant potential value. Additionally, Northern Superior has assets in Ontario, particularly the TTK property which will be spun out into an independent company to allow aggressive drilling without diluting Northern Superior shareholders.
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