Corporate Presentation PDAC 2021

NORTHERN SUPERIOR RESOURCES Three Large Scale Opportunities: One Great Company!

TPK…

Lac Surprise…

Croteau Est… PDAC, March, 2021 TSXV:SUP/ OTCQB:NSUPF

Safe Harbour Statement Cautionary Note Regarding Forward-Looking Statements: This Press Release contains forwardlooking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities.

Should one or more of these risks and uncertainties, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law.

Shareholders are cautioned not to put undue reliance on such forward-looking statements.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

2

Management •

Board ✓ ✓ ✓ ✓ ✓ ✓ ✓

Thomas Morris (President and CEO) François Perron (Chairman, Audit Committee Andrew Farncomb (Chair Audit Committee David Beilhartz Michael Gentile Gord Morrison David Medilek

Appointed: December 30th, 2019 Appointed: January 14th, 2020 Appointed: April 15th, 2020

•

Management ✓ Thomas Morris PhD, FGAC, PGeo , ICD.D (President and CEO) ✓ Dan Rothberg (Corporate Secretary) ✓ Jeannine Webb (Chief Financial Officer) ✓ Roxanne Gélineau (Office Manager)

•

Technical ✓ Thomas Morris PhD, FGAC, PGeo , ICD.D ✓ Matt Sooley, PMP

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

3

Corporate Share Price: (Mar. 5th, 2021) Market Cap: (Mar. 5th, 2021) Hard Dollars: (Mar. 5th, 2021) Ontario F.T.: (Mar. 5th, 2021) Québec F.T.: (Mar. 5th, 2021) Total Cash: (Mar. 5th, 2021) Debt: EV: ():

$ 1.48 $ 93,543,428 $ 2,400,000 $ 3,678,346 $ 3,400,000 $ 9,478,346 None $ 84,065,082

Following last financing, December 17th, 2020.

Issued and Outstanding Shares: Options Outstanding: Warrants Outstanding:

(approx.) (approx.) (approx.) (approx.)

63,205,019 2,195,000 6,242,858*

(0.43) (0.30)

*Trading restrictions apply, see Northern Superior press releases, December 30, 2019, December 17th, 2020

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

4

Key Shareholders

Tables will be updated as information becomes available

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

5

TPK: Location and Property ✓ Containing 2 regional-scale mineral systems;

✓ Property connected to the Mussel White (Newmont) gold mine by winter road; and ✓ Fully permitted, year round exploration camp and trail system.

✓ 30 x 20kms/ 2,431 claims/ 47,796 ha ✓ 100% Northern Superior ✓ Property conducive to year round drilling

✓ EEBA, Neskantaga First Nation

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

6

TPK: GOLD? Structural Setting ✓ Primary Structural Control: • Gold- receptive splay shears off a major inflection, Stull- Wunnummin Fault. ✓ Comparable • Malarctic- Val d’Or gold district on splays off major bend, Larder Lake- Cadillac Fault.

Gold Grain-In-Till Dispersal Aprons/ Corridors: ✓ Unique geological feature, largest N. America ✓ Can only get this if there is significant gold exposed at the bedrock surface ✓ Most gold dispersal trains 200m x 3kms “Gold grain anomalies of this scale are amalgamated responses from a cluster of gold zones. They normally indicate a large gold system or district rather than a single gold zone…”

Think District, Scale: Atlantic Gold/ Meadowbank/ Hope Bay/ Casa Berardi/ Aurion Resources/ Meliadine…

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

7

TPK: Evidence, High Grade Gold?

Gold Grains… Meliadine Example…

•

Agnico Eagle’s Meliadine deposit, associated gold grain dispersal train is large: ✓ Approximately 18km long by 8.0km wide; and ✓ Approximately 340 (max total) gold grains per 7.2kg overburden sample.

Big Dam Apron is almost 2 times wider with approximately 4 times as many gold grains over their best sample collected in their “Discovery Zone”.

Proven and probable reserves Diagram: McMartin, 2010 ✓ 3.7 million ounces gold; ✓ 16.7 million tonnes at 6.97 g/t gold. + Indicated Mineral Resource ✓ 3.18 million ounces gold; ✓ 25.96 million tonnes at 3.81 g/t gold. + Inferred Mineral Resource ✓ 2.60 million ounces gold; ✓ 13.48 million tonnes at 6.00 g/t gold.

(Agnico Eagle, 2019) 3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

8

TPK: GOLD? Gold-Mineralized Boulder Trains: Goose Lake Goose Lake

• • •

Embedded within gold grain-in-till dispersal apron; Several high grade gold-bearing, boulder dispersal trains; Boulder lithology and geochemistry reveals much regarding host rocks for the gold.

Little Crying Boy Lake

High-Grade Gold Core: •

Multiple, significant gold discoveries already made, including: ✓ Highlighted intersection: 25.87 g/t gold 13.45 m (TPK-10-004).

(see Northern Superior press releases: December 13, 2010; November 17, 2017)

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

9

TPK: Targeting- Big Dam Area TPK-10-004: 25.87 g/t Au over 13.50m TPK-11-013: 04.74 g/t Au over 06.84m

Goose Lake

Basal Till • •

TPK-12-30: 59.60g/t Au, 92.3 g/t Ag and 3.19% Cu over 0.5 m; TPK-12-34: 16.15g/t Au over 1.5m; TPK-12-40: 7.85 g/t Au over 0.8m; & TPK-12-43: 8.85 g/t Au over 1.0m

Gold Grain Data Pathfinder elements (Arsenic)

Little Crying Boy Lake

Boulder Gold Geochemistry • •

High Grade Gold Pathfinder elements (Arsenic)

Highlighted Big Dam Gold Assays Year Boulders Collected Collected 2010 484 2011 103 2017 255

Gold g/t 94.2 14.0 24.7

Highlighted Meliadine Gold Assays Year Boulders Gold Collected Collected g/t 2010 209 27.9 2011 87 6.81 2013 675 65.6 2014 248 14.4

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

10

TPK: Targeting- Big Dam Area Aerial Mag Data- 1st Derivative: ✓ Note east- west fabric, magnetics (explains historic S-N drilling); ✓ NW-SE magnetic destruction, faulting, silicification.

Lateral Gradient Magnetics: ✓ E-W pattern gone, NW-SE pattern emerges; ✓ Goose Lake/ Little Crying Boy connected… 3.2kms of strike length; ✓ How do we know it is silicified… we nicked it!

✓ Nicked the silicified alteration zone- high angle foliation ✓ TPK-10-004: 25.87 g/t gold, 13.5 m (incl. 749 g/t over 0.3m) from 149.3 metres.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

11

TPK: Targeting- Big Dam Area Learning and Adapting •

•

Rethinking the importance of east- west structure to gold mineralization Recognizing the association of gold mineralization to northwest- southeast structure and alteration TURN THE DRILL…

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

12

TPK: “Blue Sky” District Scale OpportunityAnnex- “Another District Scale System”…

•

Keely Lake gold grain-in-till dispersal corridor (3.5 km wide, 13.5 km in length).

•

Mineralized, large, tabular boulders returning assay values as high as 727 g/t gold, 111 g/t silver, and 4.05 % copper.

•

Several high quality targets defined from geophysics, gold grains and mineralized boulders.

•

Gold-silver-copper mineralization.

Highlighted Annex Boulder with high Silver and Copper Assays

Year Collected

2011

2017

3/6/2021

Boulders Collected

101

186

Silver ppm

Copper %

Au ppm

53.7

1.92

5.93

48.2

<0.01

727.0

46.0

2.35

3.37

37.7

1.46

2.13

48.0

3.42

3.79

34.5

1.99

4.28

Plus…

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

13

TPK: Targeting- Annex Area Targeting

Gold Grain data

Mineralized Boulder Data

IP Trend

One discovery follow- up area + three target areas defined: ✓ Au- Ag targets associated with a basalt- andesite/ quartz diorite- monzogranite contact ✓ Au- Cu target associated with a dolerite- dioritegabbro/ quartz- diorite monzogranite contact. ✓ Discovery follow-up drilling proposed to understand orientation of local structure associated with hole NG12-003C, 4.63g/t Au over 5.50m.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

14

TPK: Targetin- “Blue Sky” District Scale Opportunity •

Extension of the Big Dam Area- 29 km west: 35 km system!

•

Extension, gold- bearing shear zone: ✓ Distribution of anomalous gold grains; ✓ Distribution of anomalous till Arsenic (As) values; and ✓ Interpretation of structure from a high- resolution airborne magnetics survey.

•

Only reginal scale till sampling, boulder sampling and limited prospecting has been completed over this part of the property! ✓ No clear target delineation has ever been completed through detailed till sampling (sample spacing <100m); ✓ No systematic boulder system program undertaken; ✓ No systematic prospecting program ever completed; ✓ No ground geophysical surveys completed; ✓ Structural interpretation- 14 specific targets.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

15

Ti-pa-haa-kaa-ning (TPK): Progress

2002-2007

• Northern Superior initially exploring region for diamonds • Realises significant potential for gold mineralization and switches focus

2007-2009

• Three till-sampling and drilling campaigns to appreciate the scale of the system (6 x 11km gold grain-intill dispersal apron) • Approximate source of mineralized system constrained within Freure Lake Granitoid

2010-2012

• Rainy River Resources (RRR) JV undertakes two drill programs that significantly advance understanding of the property geology, until RRR bought out by New Gold in 2012 • Drill core intersection highlights include 25.9g/t Au over 13.5m

2017

• Northern Superior re-logs drill core from 2012 drill program and re-interprets RRR drill results • Prospecting ties mineralized boulders to specific bedrock sources

2019

• Yamana JV undertakes drill program that confirms extensive, gold-bearing hydrothermal systems (8) within the Big Dam area of the property

2019- 2020

3/6/2021

• Targeting completed, drill programs and budgets set for both the Big Dam and Annex areas of the property

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

16

TPK: Summary Positioned for discovery: Big Dam Area ✓ Two high priority targets defined;

Blue Sky Opportunities.. ✓ Annex Area: Three high priority targets defined; Discovery follow- up; and

✓ New Growth: 29kms of untested ground!

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

17

LAC SURPRISE and CROTEAU EST Remarkable Gold Opportunities in the Highly Prospective ChapaisChibougamau Camp

PDAC, March, 2021 TSXV:SUP/ OTCQB:NSUPF

District Advantage: Lac Surprise/Croteau Est 1) Northern Superior has a large and commanding land position of 511 claims or 27,723.5 hectares associated with both mineral properties, within the Chapais- Chibougamou mineral exploration and mining camp…

2) Entire camp is heating up: Monster Lake, Nelligan, Windfall; Doré Copper, Blue Thunder; etc.

3) Camp drill costs very reasonable at only $180.00/ m…

• Programs provide tremendous value for cost/m • All suppliers, services readily available • Year round access to both properties by all-season road 4) Excellent relationships with key First Nation Communities 5) Both properties have significant gold discoveries, additional blue sky potential: • Latest Lac Surprise drill program defines extension of the Nelligan gold resource (3.2million ounces) hydrothermal system onto the Lac Surprise property; and • Latest Croteau Est drill program “cracked the code” regarding the understanding of high grade gold mineralization associated with the 640,000 ounce gold deposit, which is open at depth and along strike, both directions!

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

19

LAC SURPRISE/ CROTEAU EST: Location Both Within An Active, Prolific Gold Producing Region Chapais- Chibougamau (since 1953): • 16,395,000 ounces gold (proven/ probable) • 1,097,469,817 pounds Cu

The Chapais- Chibougamau Gold- Copper Camp: • • •

Active Properties; Development; and Historic Gold Mines.

Nelligan Gold Property: • • •

Open pit, 3.2million ounce gold deposit; Nelligan ties onto the Lac Surprise property; and Gold- bearing, hydrothermal system of Nelligan, extends onto Lac Surprise property.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

20

LAC SURPRISE: The Property/ Neighbours…

Key Facts: • • • 274 claims 15,178.5 ha

•

Large property position (20 x 20 km); Positioned within an established mining camp; Easily accessed by all- season roads, rail, airport and hydro; and Exploration and mining services provided by three local communities, long history and tradition of mineral exploration and mining.

Very active camp, in particular: Nelligan Deposit Lac Surprise

3/6/2021

i) ii) iii) iv)

Blue Thunder (Blue); IAMGold/ Vanstar (Orange); IAMGold/ Kintavar (Mustard); and Northern Superior (Gold).

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

21

LAC SURPRISE: The Neighbour, The Nelligan Gold Deposit…

•

Nelligan property ties directly onto Lac Surprise.

•

43-101 compliant resource, 3.2 million ounces gold, grading 1.02 g/t Au.

•

Deposit consists of 3 gold- bearing zones: i) Renard ii) Liam iii) Dan

•

Renard extends west to within 1.2km of the Surprise eastern boundary.

…part of a “vast auriferous system offering a potential of multi-million gold ounces” (Vanstar PPt presentation, May 2019).

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

22

LAC SURPRISE: Targeting…

Fingerprinting Nelligan

•

Geophysical inversion work on Nelligan complete.

•

Gold zones at Nelligan associated with: a) Strong destruction of magnetic signature; and b) Mineralization clearly associated with 60° faults.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

23

LAC SURPRISE: Targeting…

Fingerprinting Nelligan

Magnetism destruction likely caused by fluid flow associated with intrusion 3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

24

LAC SURPRISE: Targeting…

Fingerprinting Nelligan

• •

Nelligan gold zones associated with 60° faults Fault orientation and magnetic destruction also observed on Lac Surprise

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

25

LAC SURPRISE: The Hydrothermal System…

•

The hydrothermal system extending onto Lac Surprise from the Nelligan gold deposit is a large, altered and mineralized system; and

•

This regional system remains open both laterally and at depth.

Hydrothermal System Defined By:

Example of mineralization encountered within the hydrothermal system, Lac Surprise.

3/6/2021

•

Silica-Sericite-Fuchsite-Biotite-Carbonate alteration with quartz-carbonate stringers and disseminated-lenticular pyrite;

•

Disseminated pyrite- dominated sulphide assemblage;

•

Absence of wide veining;

•

Intense silicification associated with elevated gold values;

•

Late to post kinematic mineralization; and

•

Positive correlation with molybdenum and wider associations of sericite and carbonate alteration.

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

26

LAC SURPRISE: Target 1- Phase II Drill Program/ Stage I Key Intersections: Summary LCS20-13: • Discovery, new gold zone (Falcon): 1.07 g/t AuEq over 35.5m with a high-grade interval of 7.70 g/t including 8.22 g/t AuEq over 2.6m; • Discovery, two additional, gold-bearing zones, lowermost zone assayed 2.06 g/t Au and 1.81 g/t silver or 2.08 g/t AuEq over 3.9m; Summary LCS19-005ext: • Extension Falcon gold zone: 1.55g/t AuEq over 44.9m including 3.82 g/ t AuEq over 15.0m.

Phase II Drill Program: •

Stage I- 5,000m, 13- 15 holes to test: ✓ Potential 900m westward extension of the Falcon Gold Zone. ✓ Explore potential depth and lateral extent of this gold zone.

3/6/2021

WWW.NSUPERIOR.COM

Host material very similar to Nelligan material: • Coarser clastic materials (LCS20-13- wacke); • Best mineralization occurs at or near the contact between the clastic sediments and the volcanoclastics; • Primary mineral, pyrite (1 to 5%); • Silicified material (LCS20-13, weak to moderate); • Presence of potentially stratigraphic controlled gold-bearing units.

(see Northern Superior Press Release, November 5th, 2020; December 22nd, 2020).

TSX.V: SUP/ OTCQB:NSUPF

27

LAC SURPRISE: Target 3- Phase II Drill Program/ Stage II •

Target Area 3 was identified as a compelling target prior to the initiation of Phase I drilling.

•

Recent geophysical inversion modeling suggests the presence of an intrusion (potential heat source) with characteristics similar to those defined within the Nelligan gold deposit.

•

Similar observations lead to the discovery of the Falcon Gold Zone, Target Area 1. Including association of gold to: - A large, deeply rooted intrusion; - 60° faults; - Large areas magnetic lows suggesting areas of silicification and alteration, magnetic destruction.

2

3

1

•

Three such large areas identified (Blue): ✓ 1) SE (~4.0 x 1.0kms); ✓ 2) NE (~2.0 x 2.0kms); and ✓ 3) NW (~1.0km x 1.0km) of the proposed intrusion. (see Northern Superior press release January 20, 2021).

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

28

LAC SURPRISE: Target 3- Phase II Drill Program/ Stage II

The “Confluence” Area: •

Confluence of the Doda and Remick deformation zones;

•

Strong gold grain-in-till dispersal, down-ice of this area;

•

Showing, 1.36 g/t Au grab sample;

•

Very strong stream sediment sample (107 gold grains)

Phase II/ Stage II will consist of a combination of 5,000m drilling distributed between Target 3, the Confluence area and possibly some follow-up drilling at Target 1 3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

29

LAC SURPRISE: Progress…

• Regional till sampling program identified source areas for gold grain-in-till dispersal train; and 2010-2012 • Property scale prospecting and geophysical surveys (mag. & IP).

2010-2014

• Vanstar acquires Nelligan property and initiates exploration programs (2010); and • Discovery of the Liam, Dan and Mila zones, Nelligan gold deposit.

• Northern Superior and Bold Venture JV, Lac Surprise (2014); • Discovery of the Amber, Fox Zones and Black Phoenix gold showings; and 2014- 2017 • JV terminated as Bold unable to complete earn-in (2017).

• Vanstar and IAMGold sign JV agreement, Nelligan property (2014); and 2014- 2019 • 43-101 compliant gold resource announced, 3.2 million ounces gold at 1.02g/t (2019).

2019

• Northern completes 12 hole 3,228m drill program in the north east of the Lac Surprise property; • Discovered extension of gold- bearing hydrothermal system from the Nelligan gold deposit onto the Lac Surprise property; and • Key intersection, hole LCS-19-008, gold grade and width typical of Nelligan gold deposit (1.54 g/t Au over 15.15m).

2020

• Completed a 4648.5m core drill program, 12 holes; • Discovery holes Target 1, LCS20-13 1.07 g/t AuEq over 35.5m; LCS19-005 ext. 1.55g/t AuEq over 44.9m; • Proved additional high value exploration areas at Target 1b, the “Northern Trend” and Target 2. (see Northern Superior press release January 20, 2021).

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

30

LAC SURPRISE: Summary •

Northern Superior is ready to advance its recent discoveries.

•

Focus is to define the extension of the hydrothermal system associated with the Nelligan gold property across the Lac Surprise property; and

•

Budget, drill program planned: - Phase 1: $800,000 program, 5,000m or approximately 14 core drill holes.

- Phase 2: $1.2M program: 6,000m- 8,000m or ~20 core drill holes.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

31

CROTEAU EST A Gold Resource Already Defined, Remarkable “Blue Sky” Potential… in the Highly Prospective ChapaisChibougamau Camp

PDAC One-On-One Meetings March 2021

TSXV:SUP/ OTCQB:NSUPF

CROTEAU EST: The Property 30km by 15km/ 237 claims/ 12,545 hectares…

Key Advantages:

• 100% Northern Superior; •

Availability of highly prospective, under- explored ground in an important goldcopper camp, Québec;

•

A number of support advantages ($168.67/m all in); and

•

Pre-development agreement, Oujé Bougoumou.

Inferred Resource

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP

33

CROTEAU EST: Existing Discovery and Resource 43-101 Compliant, Inferred Mineral Resource…

•

•

Central (~ 550m strike by 150m width) ✓ Gold cut- off of 1.0 g/t Au, 11.6 million tonnes, grade 1.7ppm Au; yielding 640,000 ounces of gold; ✓ Additional unclassified component of 270,000 ounces of gold.”

Resource based on 64 holes (20,643m), 50m spacing: ✓ CBSZ ~1.1 km long, open along strike, both directions; ✓ Only one hole to 575m (all others < 350m), open at depth; and ✓ Additional CBSZ’s?

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

34

CROTEAU EST: Cracking the High Grade Code High Grade Ore Shoots at Surface…

•

CBSZ is contained within a West- East shear zone: ✓ Exhibiting advanced argillic alteration: Carbonate/ Ankerite/ Sericite/ Fuchsite; ✓ Gold associated with pyrite (15%) and chalcopyrite (2%); and ✓ Historic environment for hosting gold deposits, this camp (e.g. Joe Mann, Cooke mines etc…).

•

High grade gold values associated with at least 9, east dipping (shallow) zones: ✓ Importance of Quartz- Feldspar Porphyry and Intermediate Porphyry Dykes.

•

Exposed high grade gold shoot (1 of 4 originally defined): a) two zones of > 10 g/ t Au, 2.5m x 2.0 m and 2.0m x 0.5m; b) enclosed by a halo of >5g/ t Au, 7.0m x 2.5m; and c) enclosed by a halo of gold mineralization of >3g/ t Au over an area of 8.0m x 3.0m.

(see press release, November 3rd, 2014) 3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

35

CROTEAU EST: Cracking the High Grade Code Highlights, 2017 Core Drill Program…

•

Success Rate, High Grade Intersections:

•

High grade intersections of up to 705 g/t gold over 0.50m.

•

High grade widths of up to 11.06 g/t gold over 9.10m (including 43.75 g/t gold over 2.00m), 61.24 g/t gold over 5.95 m (including 705 g/t gold over 0.5 m).

•

High grade mineralization occurring >400 m vertical depth: 7.50 g/t gold over 7.95m including 56.40 g/t gold over 1.00m between 489.90m to 497.85m.

•

Mineralized widths of up to 1.99 g/t gold over 34.65m (including 9.46 g/t gold over 2.35m).

•

Several previously unrecognized mineralized zones, potentially adding significant ounces.

•

Longitudinal and lateral continuity of mineralization.

3/6/2021

Pre- Phase II, 2017= 57% Phase II- III, 2017= 96%

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

36

CROTEAU EST: Cracking the High Grade Code High Grade Ore Shoots: West/ East/ at Depth… #’s = High grade values Table, previous slide…

“Mineable width and grade” 3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

37

CROTEAU EST: High Grade at Depth?

Comparable…

Comparative Model: Osisko’s Windfall Project (see Northern Superior press release, July 5th, 2017)

•

Shallow, multiple stacked eastward dipping ore shoots.

•

CBSZ Gold Grade x Thickness values as good or higher upper 350m.

•

CBSZ modelled to only 450 m depth, Windfall to 2,000 m+.

Osisko Mining News Release July 11th 2018: ‘Triple-8’ Zone New Discovery, 20.4 g/t Au over 28.3m…

‘This deep hole confirms management’s view that there is significant high-grade gold mineralization at depth….

We are beginning to see increasing intensity in the key alteration and sulfide mineralization as we progress deeper towards what we believe may be the main mineralized centre of the intrusive system’.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

38

CROTEAU EST: Blue Sky Regional Potential…

Inferred Resource

Multiple opportunities to repeat the CBSZ

2

1

Specific, Identified Opportunities:

3

4

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

1

Western Extension, CBSZ;

2

Trench 101;

3

Area #5;

4

Croteau South

39

CROTEAU EST: Progress • Croteau Est property optioned to Northern Superior Resources 2011

• Initiation, core drill programs, discovery of high grade gold system • Initiation, prospecting, overburden and bedrock sampling programs, discovery several gold showings 2011- 2014

2014

• Chalice JV defined, 43-101 open pit compliant resource • 11.6 million tonnes, grade 1.7ppm Au; yielding 640,000 ounces of gold

2017

• “Cracked the code” • Understanding the high grade shoot system, 43-101 compliant resource

• Core drill program and budget set to define the lateral and depth extensions, 43-101 gold resource 2018-2019

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

40

CROTEAU EST: Summary •

Northern Superior is ready to advance its recent discoveries.

•

Focus is to grow the resource east and at depth;

•

Test some of the more prospective showings; and

•

Budget, drill program planned: - $1M- $2M core drill program: 6,000m- 12,000m or ~20- 40 core drill holes.

3/6/2021

WWW.NSUPERIOR.COM

TSX.V: SUP/ OTCQB:NSUPF

41