"Northern Superior looks forward to the involvement of Mr. Sprott and his associates with the Company,” said Northern Superior president-CEO Tom Morris in a Feb. 13 statement. “These financings could raise up to $4,500,000, allowing Northern Superior to aggressively advance exploration on the Company's key properties in Québec and Ontario. We look forward to the initiation of a series of exciting exploration programs on our two key properties over the coming months."
Northern Superior Resources has started a 30-hole, 9,000-
Morris said defining that extension “will not only lay the foundation for increasing the resource already reported, but could potentially lead to the discovery of other areas of mineralization.”
Sprott is entitled to nominate one person to Northern Superior’s board, so long as he maintains a minimum 10 per cent interest in the company.
Northern Superior has a portfolio of gold and diamond projects in Quebec and Ontario, including the Ti-pa-haa-kaa-
- Source, Northern Ontario Business