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USA
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Northern Shield Resources Inc (2)
Symbol NRN
Shares Issued 69,697,475
Close 2023-04-18 C$ 0.055
Market Cap C$ 3,833,361
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Northern Shield grab samples up to 5.990 g/t Au at Root

2023-04-19 13:22 ET - News Release

Mr. Ian Bliss reports

NORTHERN SHIELD SAMPLES COPPER, GOLD, SILVER AND TELLURIUM FROM MULTIPLE TARGETS AT ROOT & CELLAR, NEWFOUNDLAND

The grab rock samples collected from several target areas at Northern Shield Resources Inc.'s Root & Cellar have returned anomalous to significant gold, silver, copper and tellurium grades. Root & Cellar is located on the Burin peninsula in southeastern Newfoundland. Northern Shield can earn up to a 100-per-cent interest in the project, which is being explored for epithermal gold-silver and porphyry-copper-type mineralization, both associated with tellurium (Te).

The three main target areas sampled were Braxton Bradley, Conquest and Creston Copper. A grab sample collected from subcrop at Braxton Bradley assayed 1.04 per cent Cu, 0.38 gram per tonne Au, 42.6 g/t Ag and 20 g/t Te. Previous samples collected from Braxton Bradley were never assayed for tellurium. This result confirms the widespread nature of tellurium at Root & Cellar.

A sample from a trenching program conducted in February in the Conquest zone containing visible gold assayed six g/t Au and 10 g/t Te. Other gold anomalous grab samples up to 1.2 g/t Au were collected from two other trenches excavated 50 metres west and 100 metres east of the above-noted sample.

In addition, two samples collected from blasted material from two different quarries in the Creston Copper zone assayed 8.5 per cent Cu, 60 g/t Ag and 60 g/t Te (and 100 parts per million selenium), and 0.76 per cent Cu, 3.4 g/t Ag and 20 g/t Te.

"We are very happy with the early season results and the extension of the tellurium mineralization into the Braxton Bradley zone along with further excellent grades of gold at Conquest and copper at Creston. Field crews are back on the project, ground truthing the preliminary gold targets generated from the recently competed induced polarization geophysical survey and an area where the interpreted copper porphyry-type mineralization may come nearer to surface," said Ian Bliss, Northern Shield president and chief executive officer.

Samples were analyzed by ALS Global in Vancouver, B.C., for Au by fire assay and multielements by four-acid digestion and inductively coupled plasma atomic emission spectroscopy. All standards and duplicates by ALS Global meet targeted values. This news release was reviewed by Christine Vaillancourt, PGeo, the company's chief geologist and a qualified person under National Instrument 43-101.

About Northern Shield Resources Inc.

Northern Shield Resources is a Canadian-based company known as a leader in generating high-quality exploration targets that views greenfield exploration as an opportunity. An opportunity to find a Tier 1 asset near surface and at relatively low cost. It implements a model-driven approach in exploration to reduce any risk associated with early-stage projects for itself, its shareholders and the environment. It is this approach that led to the discovery of an alkaline-driven gold-silver-tellurium-porphyry copper system at its Root & Cellar project in Newfoundland.

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