Northern Superior Resources completed the acquisition of Genesis Metals for $8m.

Northern Superior Resources, a gold exploration company, completed the acquisition of Genesis Metals, a precious metals asset management company, for $8m. “Northern Superior is pleased to enter into this arrangement with Genesis. The acquisition of Genesis will create the dominant exploration company in the Chapais-Chibougamau Camp with the largest land position of over 56,000Ha, with NI 43-101 compliant gold inferred (Croteau Est and Chevrier) and indicated (Chevrier) mineral resources and three distinct discoveries and properties (Lac Surprise-Falcon Zone, Croteau Est and Chevrier), each within 50km of each other that all have significant exploration upside and will be aggressively drilled and explored over the next 12 months," Thomas Morris, Northern Superior President, CEO and Director.