Northern Superior Resources Inc.
TSX VENTURE : SUP

Northern Superior Resources Inc.

June 18, 2008 06:00 ET

Northern Superior Announces Commencement of Gravity Surveys at North Thelon Joint Venture Project

TORONTO, ONTARIO--(Marketwire - June 18, 2008) - Northern Superior Resources Inc. (TSX VENTURE:SUP) (Northern Superior) is pleased to announce that it's 50% Joint Venture Partner, Forum Uranium Corp. (TSX VENTURE:FDC) ("Forum"), operator of the North Thelon Joint Venture ("NTJV"), has mobilized ground gravity crews to conduct gravity surveys at the NTJV project. The property is located along prospective ground for similar style uranium deposits such as AREVA's 148 million pound Kiggavik uranium deposit which is undergoing a full feasibility study. Gravity surveys are being conducted to follow up on targets outlined by a 7,900 line kilometres RESOLVE airborne survey completed over 100%-owned ground held by the NTJV and ground optioned from Agnico-Eagle Mines Ltd. and Tanqueray Resources Ltd.

The FUGRO-operated airborne survey covered 1,400 square kilometers of highly prospective ground for similar style uranium deposits to the north, northeast and east of AREVA's three deposits. This survey delineated the regional and local fault systems of the area, and the current gravity survey will identify areas of alteration (gravity lows) that may be associated with uranium mineralization at the intersection of the faults. This method of exploration has proven successful in the discovery of two of the Kiggavik deposits that occur along east-northeast and north-northeast trending lineaments.

Structurally-controlled uranium mineralization grading up to 1.3% was identified on 10 showings during the 2007 prospecting and mapping program on the property. This information, in combination with the FUGRO survey and gravity surveys, will be used to develop drill targets. A 3,000 metre drilling campaign is set to commence in July. The newly acquired ground from Agnico-Eagle will also be prospected, mapped and possibly drilled during the 2008 field season.

The Kiggavik Uranium Deposit

Exploration for uranium in the northern Thelon Basin was conducted primarily from the mid-1970's to the mid-1980's culminating in the discovery of the Kiggavik deposits located 80 kilometers west of Baker Lake, Nunavut by Urangesellschaft Canada Ltd. AREVA acquired the project in 1993. Northern Superior and Forum staked ground adjacent to AREVA's Kiggavik property in 2006 and optioned the Tanqueray property and the Agnico-Eagle property in 2007 and 2008 respectively.

About Northern Superior

Northern Superior Resources Inc. is a junior exploration company whose focus is exploring for diamonds and gold on the Canadian Shield and for Uranium on the Thelon Basin, Nunavut. Northern Superior is also advancing gold and base metal properties as a by-product from its diamond exploration programs. The Company is a reporting issuer in British Columbia, Alberta, Ontario and Quebec, and trades on the TSX Venture Exchange under the symbol SUP.

ON BEHALF OF THE BOARD

Thomas F. Morris, PhD., FGAC, P.Geo., President & CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Northern Superior Resources Inc.
    Thomas F. Morris
    President and CEO
    (416) 703-4830
    (416) 703-5391 (FAX)
    or
    Northern Superior Resources Inc.
    Timea Carlsen
    Corporate Relations
    (604) 630-8264
    (604) 630-1153 (FAX)
    Email: info@nsuperior.ca
    Website: www.nsuperior.ca