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Superior Mining Options Jumping Moose Property in Gold-Rich Abitibi Greenstone Belt
Superior Mining Options Jumping Moose Property in Gold-Rich Abitibi Greenstone Belt ...
About this update from Superior Mining International Corporation
[{"type":"text","content":"\n\n\n\nSuperior Mining Options Jumping Moose Property in Gold-Rich Abitibi Greenstone Belt\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Dec. 13, 2019\n\n\n\nVANCOUVER, Dec. 13, 2019 /CNW/ - Superior Mining International Corp. (\"Superior Mining\" or the \"Company\") (TSXV: SUI.H) is pleased to announce that it has optioned the Jumping Moose Property in the prolific gold Abitibi Greenstone Belt. Superior has optioned the property from Canadian Gold Miner Corp. (\"Canadian Gold\").\n\n \n \n\n \nDescription of the Property\nThe Jumping Moose Property is located in Burrows and Kemp townships, in the Larder Lake Mining Division of northeastern Ontario. The Jumping Moose Property is located 25 km north of the village of Shining Tree, 75 km south of Timmins and 105 km southwest of Kirkland Lake. The Jumping Moose Property consists of 145 cell claims with an area of approximately 2658 ha and is 7.8 km x 3.8 km in size. \nHistorical work on the property identified a cluster of large angular and high grade Au-Ag-Te bearing quartz veins boulders on the east side of Jumping Moose Lake in the 1950's. Glacial geology work by the Ontario Geological Survey indicates that the up-ice source of these boulders is to the north (MENDM map M2653, 2001). \nHistorical shallow drilling to identify the subcropping source of these boulders has intercepted elevated gold in bedrock.  Drill hole BA-87-4 drilled by Argentex Minerals in 1987 intersected 1.1 m grading 6.96 g/t Au (MENDM assessment report 41P14SW0060). In 2012, drilling by Abalor Minerals Inc. intersected 4.76 g/t Au over 0.50 m in drill hole JM-12-11 in quartz veinlets in sheared volcanics with 5% pyrite (MENDM assessment report 2.56341, 2015).  \nIn the fall of 2017, IAMGOLD excavated two trenches in the vicinity of an anomalous IP chargeability response. In the spring of 2018, IAMGOLD completed channel sampling of folded quartz veins in sheared gabbro which resulted in 5.50 g/t Au over 3.30 m including 22.8 g/t Au over 0.65 m on Trench #1 (IAMGOLD assessment report dated Aug. ...