Northern Superior Secures Strategic Land Position in Chibougamau Gold Camp

Northern Superior completes acquisition of three strategic properties, expanding land position in Chibougamau Gold Camp to 68,522 hectares.
- Completed acquisition of Hazeur, Monster Lake East, and Monster Lake West properties, expanding total land position from 60,016 to 68,522 hectares
- Hazeur property positioned as potential northwest extension of flagship Philibert Project, located just 9 km from IAMGOLD's Nelligan project
- Acquisition provides control over 15 kilometres along the Guercheville Fault Zone and more than 30 kilometres along the Fancamp Fault Zone
- Recent drilling at Philibert shows continued high-grade potential with intercepts of 4.84 g/t Au over 3.9 metres, including 16.4 g/t Au over 0.8 metres
- Strategic positioning consolidates ownership in emerging global gold destination with Northern Superior and IAMGOLD now holding the camp's key assets
Northern Superior Resources Inc. (TSX-V: SUP) is a mineral exploration company focused on the Chibougamau Camp in Québec, Canada, having consolidated the largest land package in the region with total land holdings currently exceeding 62,000 hectares.
The company's main properties include Philibert, Lac Surprise, Chevrier, and Croteau, with the Philibert Project hosting a maiden 43-101 inferred resource of 1,708,800 ounces Au and an indicated resource of 278,900 ounces of Au. Northern Superior also owns 56% of ONGold Resources Ltd. (TSXV: ONAU) which is advancing promising exploration assets in Northern Ontario and Manitoba. Simon Marcotte serves as President and Chief Executive Officer, while Adree DeLazzer holds the position of Vice President of Exploration.
Strategic Land Package Consolidation
The completed acquisition encompasses three properties that significantly strengthen Northern Superior's position in the Chibougamau Gold Camp. The Hazeur property represents the most strategically important addition, positioned as the potential northwest extension of the company's flagship Philibert Project. Located just 9 kilometres from IAMGOLD Corporation's Nelligan project and 60 kilometres southwest of Chibougamau, Quebec, this property offers direct geological continuity with proven mineralisation.
The Monster Lake East and Monster Lake West properties provide strategic positioning on either side of IAMGOLD's Monster Lake property, situated between Northern Superior's Philibert and Chevrier projects. This acquisition creates a consolidated land package that controls key geological structures and fault systems across the region.
Philibert Project Development & Growth Opportunities
The Philibert deposit serves as Northern Superior's cornerstone asset, held in partnership with SOQUEM (Northern Superior: 75%, SOQUEM: 25%). Recent exploration has demonstrated significant potential for western expansion, particularly within multiple parallel shear zones including the extensively drilled Red Fox Zone.
Recent drilling results support the continuation of high-grade mineralisation westward. Hole PB-22-375 returned compelling near-surface results of 4.84 g/t Au over 3.9 metres, including a higher-grade interval of 16.4 g/t Au over 0.8 metres. These results suggest the presence of a high-grade plunge within the broader mineralised system, which the company continues to investigate.
"This acquisition is a major step forward in unlocking the broader potential of the Chibougamau Gold Camp," said Simon Marcotte, President and Chief Executive Officer. "Not only do these new properties host known gold mineralisation and compelling exploration upside, but they also extend key geological structures directly linked to the Philibert deposit."
The Hazeur property acquisition directly supports this expansion strategy, with historical drilling returning anomalous gold values near the shared boundary with Philibert. This geological continuity is further supported by airborne geophysical surveys and regional mapping studies.
Expanding Exploration Opportunities
The expanded property portfolio provides multiple exploration opportunities across proven geological trends. Adree DeLazzer, Vice President of Exploration, highlighted the strategic significance:
"This acquisition extends our control to over 15 kilometres along the Guercheville Fault Zone, where the Philibert deposit remains open in both directions. Additionally, we now cover more than 30 kilometres along the highly prospective Fancamp Fault Zone and Monster Lake trends."
The newly acquired properties have been the subject of extensive historical exploration including geophysical, geochemical, geological, and drilling programmes. Northern Superior plans to conduct comprehensive reinterpretation of all existing datasets alongside regional surveys to develop new grassroots targets.
Key exploration targets identified include the Northwest Extension of the Philibert Deposit, situated adjacent to the Hazeur property where historical work suggests mineralised zones continue from the main deposit. The Jonction Sud represents a several-kilometre-long gold-bearing horizon, while the Redess deposit shows potential for Philibert-style mineralisation located 10 kilometres west of the current resource.
The company's 2025 exploration programme will focus on detailed structural analysis, relogging of historical drill core, and targeted drilling to delineate the western extension potential and expand the current resource footprint.
Strengthening Position in Emerging Gold District
The Chibougamau Gold Camp has emerged as an increasingly significant gold destination, with several complementary resources reaching viable development scale. The camp has undergone considerable consolidation, with ownership previously divided amongst five different companies now streamlined between IAMGOLD and Northern Superior.
This consolidation enhances the viability of individual deposits by creating potential synergies for shared processing infrastructure. The proximity of deposits within the camp makes them well-suited to feed a single processing facility, increasing overall project economics and development potential.
The strategic positioning achieved through these acquisitions places Northern Superior at the centre of this emerging gold camp, with control over key geological structures and multiple exploration targets across a substantial land package.
Looking Forward
Northern Superior's completion of the Hazeur, Monster Lake East, and Monster Lake West property acquisitions represents a significant milestone in consolidating the company's position within the Chibougamau Gold Camp. The expanded 68,522-hectare land package provides multiple avenues for resource expansion and new discovery opportunities.
Investors can anticipate updates on the company's 2025 exploration programme, including results from detailed structural analysis and targeted drilling designed to test the western extension potential of the Philibert deposit. The comprehensive reinterpretation of historical data across all properties may identify additional high-priority targets for systematic exploration programmes.
Analyst's Notes


