Mr. Ian Bliss reports

NORTHERN SHIELD TO MAINTAIN 100% OF HUCKLEBERRY PROPERTY; RECONNAISSANCE AND DUE DILIGENCE TO COMMENCE ON OTHER NI-CU-CO-PGE PROJECTS

South32 successfully met the phase 1 requirements entitling it to acquire a 50-per-cent interest in Northern Shield Resources Inc.'s Huckleberry project, it elected to relinquish the entitlement to acquire such interest and, as such, Northern Shield now holds a 100-per-cent interest in Huckleberry property with no longer any third party rights thereto. Accordingly, the Huckleberry option and joint venture agreement announced on June 7, 2016, has been terminated.

"We remain confident in the technical merits and exploration potential of the Huckleberry project and Labrador Trough, including Sequoi and Se2," explains Northern Shield president and chief executive officer, Ian Bliss. "However, planned exploration for 2018 at Huckleberry and surrounding area may be limited as we focus on the Shot-Rock gold property in Nova Scotia and other Ni-Cu-PGE targets in Quebec and elsewhere. This will also allow for research at Huckleberry and the Labrador Trough in general to come to fruition and assist in future exploration. Research includes initiatives by the Geological Survey of Canada and a PhD supervised by Dr. Wolfgang Maier at the University of Cardiff, Wales.

"We are very pleased with the relationship forged with South32 and appreciate their dynamic approach to exploration. We look forward to opportunities to re-establish joint ventures in the future," adds Mr. Bliss.

Throughout 2017, desktop evaluations of geological environments similar to the Labrador Trough elsewhere in the world have revealed two areas of interest for follow-up. Within the next few weeks the company expects to have its geologists on the ground undertaking reconnaissance and due diligence on these projects it may acquire. At the same time, exploration will also commence at its newly optioned Shot-Rock gold property in Nova Scotia.

Northern Shield Resources is a Canadian-based company focused on generating high-quality exploration programs with experience in many geological terrains. It is known as a leader in executing grass roots exploration program for Ni-Cu-PGEs and utilizes expertise and innovation toward working on other deposit types.

We seek Safe Harbor.