Northern Superior Resources Inc. (TSX-V:SUP, OTCQX:NSUPF) told investors it has granted Evolution Mining Ltd (ASX:EVN) an option to acquire a 75% undivided interest in its October Gold Project in return for C$7 million in expenditures and cash payments totalling C$1.1 million. The project is part of the previously announced Ontario assets Northern Superior plans to spin out. Upon the closing of the spinoff transaction, it said the option agreement will remain in full force and is expected to be assigned to the spinoff company.