Mr. Simon Marcotte reports

NORTHERN SUPERIOR REPORTS 2.13 G/T GOLD OVER 31.4 METRES AND 4.84 G/T GOLD OVER 3.9 METRES FROM THE RED FOX ZONE OF THE PHILIBERT PROJECT

Northern Superior Resources Inc. has released the remaining assay results from the Red Fox zone of the Philibert gold property (see press release dated Jan. 11, 2023), located 60 kilometres southwest of Chibougamau, Que.

Highlights include (grades uncut and lengths measured along hole, see an attached table):

• Twelve holes remain pending from other zones.
• Diamond drill hole PB-22-417 returned 2.13 grams per tonne gold over 31.4 metres from 25.0 metres to 56.4 metres from the southeastern extent of the Red Fox zone.
• DDH PB-22-375 returned 4.84 g/t Au over 3.9 metres from 90.6 metres to 94.5 metres from the western limit of the Red Fox zone.
• DDH PB-22-372A returned 4.44 g/t Au over 2.5 metres from 79.2 metres to 81.7 metres, extension of the Red Fox zone to the northwest.

Simon Marcotte, president and chief executive officer of Northern Superior, commented: "The results communicated today continue to demonstrate the exceptional grade and width of the Red Fox zone. With the campaign uncovering this new high-grade area, we see a clear opportunity to extend near-surface mineralization along strike and down plunge towards the east-southeast. Moreover, the drill holes investigating the western extent of the Red Fox zone have revealed that it remains open in that direction, providing a significant opportunity for the company to expand the mineralized corridor in the future. Over all, these results continue to demonstrate the significant potential of Philibert as we continue to progress towards a maiden NI 43-101 [National Instrument] resource calculation, which we believe will establish Philibert as a pillar in the rapidly emerging Chibougamau gold camp."

Philibert drill program

Northern Superior has released results for 11 drill holes, which include the last remaining drill holes that tested the Red Fox zone. This zone is part of the northwestern footwall, located within the three-kilometre-long Philibert mineralized corridor. To date, the Red Fox zone has been defined over 650 metres along strike and up to 525 m vertical depth (see an attached table).

Today's results include drill hole PB-22-417, returning 2.13 g/t Au over 31.4 metres from 25.0 metres to 56.4 metres from the southern extent of the Red Fox zone. In this area, the company already reported some impressive results, including drill hole PB-22-336 (see Royal Fox Gold Inc. press release dated May 18, 2022) with 1.69 g/t Au over 35.6 metres from 26.5 metres to 62.1 metres.

Another five drill holes tested the western extension of the Red Fox zone, with drill hole PB-22-375 returning 4.84 g/t Au over 3.9 metres from 90.6 metres to 94.5 metres. The company is keen to expand the strike of the Red Fox zone to the west and down dip in the next drill program. Drill holes PB-22-370, PB-22-378 and PB-22-354 were designed to test the southern surface extent of mineralization in the west and appear to have been drilled south of the surface extent of the mineralized zone. Drill hole PB-22-361A was the easternmost drill hole to test the Red Fox zone, which intersected 1.78 g/t Au over 6.5 metres, connecting the mineralized zone to the Arctic Fox zone.

Mineralization is hosted in a quartz-rich gabbro, named the Philibert horizon, part of the Obatogamau formation, and focused within west-northwest-to-northwest-trending silicified shear zones with moderate dips to the northeast. Mineralization is characterized by strong ankerite and silica alteration, cut by dark-grey quartz veining and up to 20 per cent disseminated pyrite and pyrrhotite mineralization.

Sampling and laboratory

True widths of the intercepts reported in this press release have yet to be determined but are estimated to be 60 per cent to 90 per cent of reported core lengths. All NQ-size split core assays reported were obtained by fire assay with atomic absorption finish, and samples returning values over 10 parts per million Au are reanalyzed, utilizing standard fire assay/gravimetric methods. Samples were shipped to AGAT Laboratories, with sample preparation done in Val d'Or, Que., and sample analysis done in Mississauga, Ont. The quality assurance/quality control protocols include insertion of a blank and standard every 25 samples on average, in addition to the regular insertion of blank, duplicate and standard samples inserted by AGAT Laboratories during the analytical process.

The technical content and scientific aspects of this press release have been reviewed by Sarah Dean, PGeo. Ms. Dean is a qualified person within the meaning of NI 43-101, and she has reviewed and approved the information disclosed in this press release related to the Lac Surprise program.

About Northern Superior Resources Inc.

Northern Superior is a gold exploration company focused on the Chapais-Chibougamau camp in Quebec. The company has consolidated the largest land package in the region, with total landholdings currently exceeding 62,000 hectares. The main properties include Philibert, Lac Surprise, Chevrier and Croteau Est. Northern Superior also owns significant exploration assets in Northern Ontario, highlighted by the district-scale TPK project.

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