Gold Exploration Company Shares Up Pre Market - InvestingChannel

Gold Exploration Company Shares Up Pre Market

News that this dual-listed gold exploration firm granted claims on its Canadian gold project sent shares bid up at $0.315 (+6.78 percent) in pre-market trade. Northern Superior Resources Inc. (TSXV:SUP) (OTCQX:NSUPF) announced in a press release that it granted Evolution Mining Limited (ASX:EVN) an option to acquire a 75% undivided interest in the mining claims known as the October Gold Project by incurring an aggregate of C$7 million in expenditures and making cash payments totaling C$1.1 million. Evolution is a leading gold company with a market capitalization of more than C$5 billion, currently operating five wholly-owned mines in Australia and Canada.

Northern Superior, a gold exploration company focused in Québec, Canada, has consolidated the largest land package in the region, with total land holdings currently exceeding 62,000 hectares. The October Gold Project is a district-scale property consisting of 1,284 claims covering an area of 265 km2 located in northeastern Ontario.

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