Northern Superior Makes New Discovery with 10.94 g/t Gold Over 7.0 Metres and 1.66 g/t Gold Over 21.55 Metres at Croteau Property

TORONTO, ON / ACCESSWIRE / October 16, 2023 / Northern Superior Resources (" Northern Superior " or the " Company ") (TSXV:SUP, Financial)(OCTQB:NSUPF) is pleased to announce results from the diamond drill program on its 100% owned and extensive (30 km x 15 km) Croteau Property.

Highlights Include: (Grades uncapped; lengths measured along hole, see Table 1)

• DDH CRO-22-150 intersected multiple mineralized zones, including 10.94 g/t Au over 7.00 metres starting at 272.10 metres including 16.15 g/t Au over 4.6 metres and 1.66 g/t Au over 21.55 metres starting at 224.0 metres, including 3.20 g/t Au over 2.0 metres and 4.87 g/t Au over 4.65 metres, 1.26 g/t Au over 7.15 metres, starting at 315.85 metres (including 2.70 g/t Au over 2.0 metres and 0.53 g/t Au over 11.5 metres, starting at 330.0 metres;
• DDH CRO-22-127ext, intersected multiple mineralized zones, including 1.33 g/t Au over 16.80 metres starting at 375.20 metres including 3.25 g/t Au over 3.5 metres, and 1.29 g/t Au over 9.40 m, starting at 285.00 metres, including 5.16 g/t Au over 2.00 m (approximately 250m east of CRO-22-150 and 128);
• DDH CRO-22-128 returned 1.32 g/t Au over 12.50 metres starting at 237.25 metres including 6.58 g/t Au over 1.00 metre (on strike of CRO-22-150 and 127Ext);
• DDH CRO-22-147 returned 1.31 g/t Au over 13.30 metres starting at 220.00 metres, including 3.56 g/t Au over 2.90 metres;
• Numerous gold values in step-out drilling of the mineralization discovered in 2022 in CRO-22-120 (1.06 g/t Au over 26.30 metres; see press release dated July 19, 2022), highlighted by hole CRO-22-137, which intersected 12.82 g/t Au over 1.9 metres starting at 63.10 metres, including 40.30 g/t Au over 0.60 metres;
• DDH CRO-22-135, drilled between the Z120 Zone and the historic Croteau-Est Showing, intersected 5.13 g/t Au over 3.05 metres starting at 254.30 metres;
• DDH CRO-22-151 returned 1.65 g/t Au over 5.00 m, starting at 285.00 metres; and
• DDH CRO-22-152 returned 2.03 g/t Au over 6.50 m starting at 244.80 metres.

This program was designed to test:

• The discovery area associated with the Croteau North Shear Zone: hole CRO22-120, intersecting 1.06 g/t Au over 26 metres, including 4.98 g/t Au over 3.0 metres, known as Z120, located north and parallel to the Croteau-Bouchard Shear Zone (" CBSZ "). The CBSZ hosts an inferred gold resource of 640,000 ounces¹ (se e press release dated July 19, 2022 ).
• Targets within the North Basalt Domain (" NBD ") consisting of extensive carbonate-sericite alteration in surface trench exposures and RC bedrock chips supplemented by gold grains in till anomalies from a rigorous Reverse circulation (RC) drill program completed in late 2021 and early in 2022 ( see Northern Superior press release January 11, 2022).

Simon Marcotte, President & Chief Executive Officer of Northern Superior, commented: "The results presented today on our Croteau Property underscore the exceptional exploration opportunities inherent in this strategic land package. Not only this newly discovered near surface mineralization in two new areas is within one kilometer of the main zone, already hosting an inferred resource of 640,000 ounces of gold at 1.79 g/t Au, but the high-grade nature of the discovery has the potential to transform the project into a resource even more amenable to a combined single mining operation alongside the Company's Philibert project and other neighboring projects of the area. We eagerly anticipate building upon this success and expand on the potential of this property's gold resources."

¹ Chalice Gold Mines Limited and Northern Superior Resources Inc. Technical Report on the Croteau Est Gold Project, Québec, September 2015, Prepared in accordance with National Instrument 43-101 by Optiro Pty Ltd ("Optiro") to Chalice Gold Mines Limited and Northern Superior Resources Inc.

Table 1: 2022 Diamond Drill Hole Results