14:21:10 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Northern Shield Resources Inc (2)
Symbol NRN
Shares Issued 80,034,091
Close 2023-08-15 C$ 0.07
Market Cap C$ 5,602,386
Recent Sedar Documents

Northern Shield begins trenching at Root & Cellar

2023-08-16 12:13 ET - News Release

Mr. Ian Bliss reports

NORTHERN SHIELD COMMENCES TRENCHING PROGRAM AND PREPARES FOR DRILLING AT ROOT & CELLAR PROJECT, NEWFOUNDLAND

Northern Shield Resources Inc. has provided an update on exploration at the Root & Cellar gold-tellurium-silver-copper project located on the Burin Peninsula in southeastern Newfoundland. The company can earn a 100-per-cent interest in the property, which is being explored for epithermal gold-tellurium-silver and porphyry copper mineralization.

Crews are on site with mechanical trenching and trail preparation for a small drilling program under way. The trenching is testing induced polarization (IP) geophysical anomalies in the Conquest zone and in areas where abundant boulders containing visible gold have been found. The drilling program planned for late August or early September will also focus on near-surface mineralization and IP anomalies in the Conquest zone. The program, as currently planned, will consist of approximately eight drill holes totalling 500 metres. More details on the drilling will be provided upon commencement of that program.

"We are excited to be moving towards another drilling program at Root & Cellar and early signs from bedrock exposed from the first few days of trenching and trail preparation are very encouraging," said Ian Bliss, president and chief executive officer.

This press release has been reviewed by Christine Vaillancourt, PGeo and the company's chief geologist.

About Northern Shield Resources Inc.

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

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.