Chibougamau, Quebec is located about 60 km from the gold camp that hosts Northern Superior’s Philibert project. Credit: Wikimedia Commons.
Northern Superior Resources (TSXV: SUP) cut a highlight result of 9.1 metres grading 11.99 grams gold per tonne at its Philibert property in Quebec. The stock jumped.
That result, in hole PB-25-490 from about 104 metres depth, included 1 metre at 101 grams gold, Northern Superior said Wednesday. Another hole, PB-25-504, cut 18.8 metres at 1.83 grams gold from 6.7 metres downhole, including 10.6 metres at 3.02 grams gold from about 12 metres depth.
“We are particularly encouraged by PB-25-504, which intersected mineralization right at the contact between the bedrock and overburden,” CEO Simon Marcotte said in a statement. “The continued success at the southeast pit, the recent deep high-grade hits, and now this new hanging wall mineralization, all underscore the…
