Simon Marcotte’s Post

IAMGOLD is acquiring Vanstar (TSXV: VSR) its JV partner on Neligan. As Vanstar would have owned 20% of Nelligan after Feasibility. IAMGOLD is paying approximately C$40/oz. Northern Superior has several projects in the area, including Philibert, which is only 9km away and carries a higher grade. Please refer to Slide-11 of the Corporate Presentation for details. When looking at the value of Northern Superior, keep in mind to net out the value of the Spin-off company, being 18.2m shares at C$0.51/share. With a higher grade and great metallurgy, Northern Superior has the potential to lower the payback period of a conceptual combined operation, let alone providing size and further growth potential. If only gold could be $2,000/oz !!! TSXV: SUP OTCQX: NSUPF www.nsuperior.com