Precious-metals heavyweight investor Eric Sprott has agreed to make a C$2-million investment in gold explorer Northern Superior Resources, while the company announced a private placement financing in parallel to raise up to C$2.5-million.
The Sudbury, Ontario-based company said it plans to spend the proceeds on exploration work at its cornerstone Croteau Est project, in Quebec’s famed Chibougamou mining camp, and its district-scale Ti-pa-haa-kaa-ing (TPK) gold/silver/copper property, in north-western Ontario.
