Philibert Gold Property Achieves Considerable Size With First NI 43-101 Resource

TORONTO - Northern Superior Resources Inc. reported on the Mineral Resource Estimate (MRE) prepared in accordance with the National Instrument 43-101, Standard for Disclosure for Mineral Projects (NI 43-101) for the Philibert gold property, located 60 kilometres southwest of Chibougamau, Québec. Highlights include: 48.46 million tonnes of Inferred Mineral Resource averaging 1.10 grams of gold per tonne for 1,708,809 ounces of gold; 7.88 million tonnes of Indicated Mineral Resource averaging 1.10 grams of gold per tonne for 278,921 ounces of gold; Mineral resource estimated at a cut-off grade of 0.35 g/t gold; Metallurgical testing with flotation concentrate returns recoveries up to 95.6% and 93% used for the pit optimization.

While the previous mineral resource estimate on the Philibert Project focused exclusively on underground resources from the western domains, with 239,202 ounces at 5.68 g/t gold,1 the MRE announced today does not include any of the underground potential. Such potential will be further explored, evaluated and potentially included in a subsequent mineral resource estimate. Further expansion is anticipated with: i) certain zones along strike and down dip proven mineralized while requiring further drilling to qualify as resource, and ii) the potential for parallel zones to replicate the Philibert mineralization to the North. Work conducted to date on the Philibert Project based on 3 km of mineralization while geophysics is indicative of an additional 4 km of mineralization spreading East and West.

The MRE, independently prepared by GoldMinds Geoservices Inc., comprises a total Indicated and Inferred Mineral Resources of 278,921 ounces of gold indicated and 1,708,809 ounces of gold inferred.

Simon Marcotte, President & Chief Executive Officer, said, "With the Philibert Project having already achieved considerable size on its first NI 43-101 resource, coupled with its untapped potential, a relatively high-grade nature for a bulk tonnage operation which, generally speaking, provides for shorter payback periods, and attributes such as a low nugget effect, a low overburden cover, and favorable initial metallurgical recovery results, it is clear that the Philibert Project has firmly established itself as a cornerstone of the Chibougamau Gold Camp, which is swiftly gaining recognition. We look forward to continuing being part of this exciting development at a time when capital allocation is increasingly prioritized towards large and scalable opportunities as well as tier-1 jurisdictions such as Quebec. I seize this opportunity to congratulate our team and all parties involved in driving the project to this stage and I express my gratitude to the team at Soquem without whom this opportunity would have never arisen."