Northern Superior Strengthens Leadership with Appointment of Accomplished Chief Financial Officer

TORONTO, ON / ACCESSWIRE / December 19, 2023 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP)(OTCQX:NSUPF) is pleased to announce that Mr. Gregory Duras, B.Admin., CPA, CGA, has been appointed as Chief Financial Officer of the Company, effective immediately.

Mr. Duras is a senior executive with over 25 years of experience working in the resource sector in corporate development, financial management, cost control positions, and spearheaded large corporate transactions and financings. He's held the position of Chief Financial Officer at several publicly traded companies, including Consolidated Uranium Inc., which was recently acquired by IsoEnergy Ltd. in a C$200M transaction. He holds a Bachelor of Administration degree from Lakehead University and completed his Chartered Professional Accountant (CPA) designation in 1998.

Simon Marcotte, President and Chief Executive Officer of Northern Superior, stated: "As we steadfastly advance our aggressive strategy in the dynamic landscapes of Quebec and Ontario, we recognize the importance of leveraging key expertise to fuel our growth. Greg's extensive experience, particularly in the realm of mergers and acquisitions, is poised to play a pivotal role going forward. On behalf of the entire Northern Superior team, I extend a heartfelt welcome to Greg, expressing our collective anticipation for the valuable contributions he is sure to bring to the Company."

The Company expresses its sincere appreciation to Jeannine Webb for her dedicated service over the past several years and extends best wishes for success in all her future endeavors.

About Northern Superior Resources Inc.

Northern Superior is a gold exploration company focused on the Chibougamau Camp in Québec, Canada. The Company has consolidated the largest land package in the region, with total land holdings currently exceeding 62,000 hectares. The main properties include Philibert, Lac Surprise, Chevrier and Croteau. Northern Superior also owns significant exploration assets in Northern Ontario highlighted by the district scale TPK Project.

The Philibert Project is located 9 km from IAMGOLD Corporation's Nelligan Gold project which was awarded the "Discovery of the Year" by the Québec Mineral Exploration Association (AEMQ) in 2019. Philibert host a new maiden 43-101 inferred resource of 1,708,800 ounces Au and an indicated resource of 278,900 ounces of Au^[1]. Northern Superior holds a majority stake of 75% in the Philibert Project, with the remaining 25% owned by SOQUEM, and retains an option to acquire the full 100% ownership of the project. Chevrier hosts an inferred mineral resource of 652,000 ounces Au (underground and open pit) and an indicated mineral resource of 260,000 ounces Au.^[2] Croteau hosts an inferred mineral resource of 640,000 ounces Au.^[3] Lac Surprise hosts the Falcon Zone Discovery, interpreted to be the western strike extension of IAMGOLD Corporation's Nelligan Deposit.