Looking To Expand Falcon Gold Discovery At Nelligan Gold Project
Northern Superior Resources (TSXV:SUP) has initiated a 10,000m, Phase II, 20 to 25 hole core drill programme on its 100% owned Lac Surprise gold property situated in one of Québec’s more established and historic mining camps, Chapais-Chibougamau.
This Phase II programme follows on the success of the Phase I core drill programme, completed in the fall of 2020, with the important discovery of the Falcon Gold Zone associated with Target 1, one of four targets identified northeast part of the Lac Surprise property.
This gold zone is believed to be the western extension of the neighbouring IAMGold/ Vanstar’s Nelligan gold deposit located approximately 2.4 km to the east with an inferred resource of 3.2 million ounces at 1.02 g/t Au.
Two discovery holes from Phase I drilling initially identified the Falcon Gold Zone. The first discovery hole, LCS20-13 intersected 1.07 g/t AuEq over 35.5m with a high-grade interval of 8.22 g/t AuEq over 2.6m.
President and CEO, Dr. T.F. Morris, said that as a result, the company adjusted the 2020 core drill programme by extending hole LCS19-005 (originally drilled in 2019), to test the hypothesis that the gold-bearing intersection associated with LCS20-13 extended further west onto the Lac Surprise property.
Dr Morris said that by extending the orientation of the projected strike of the westward extension of the Nelligan Renard Gold Zone through the discovery intersection at LCS20-13, extending hole LCS19-005 intersected the zone and recorded an even higher grade gold intersection of 1.55g/t AuEq over 44.9m, including 3.82g/t AuEq over 15m. The two discovery holes have defined a strike length of this zone of 200m that is open towards the property boundary and also to the west.
“We are truly excited to have begun the Phase 2 drill programme at Lac Surprise with a robust 10,000 meter programme at over 2X the size of our initial Phase 1 programme,” Dr Morris said.
“The first 5,000m will focus on our compelling new discovery, the Falcon Zone, where we see strong potential to increase the strike of this discovery from its current 200m to close to 1KM within the first 5,000m of drilling.
“The following 5,000m of the programne will be highlighted by drilling on our Target 3, consisting of 3 large, proposed alteration zones (4.0 by 1.0km/ 2.0 by 2.0km/ 1.0 by 1.0km, Figure 3), located approximately 5km west of the Falcon Zone discovery and has a very similar geophysical signature to both the Nelligan deposit and our Falcon Zone discovery.
“Over the past year, we have significantly increased our geologic understanding of Lac Surprise and with a large 15,178.5ha property, a significant and new discovery at the Falcon Zone and large targets with similar geophysical features we are excited to further unlock its impressive potential.”