Mr. Ian Bliss reports

NORTHERN SHIELD IDENTIFIES VISIBLE GOLD IN 3 OF 8 DRILL HOLES, ROOT & CELLAR PROPERTY, NEWFOUNDLAND

Northern Shield Resources Inc. has completed a diamond drilling program at the Root & Cellar gold project, located on the Burin peninsula in southeastern Newfoundland, with visible gold noted in three of the eight drill holes (see attached table). The company can earn a 100-per-cent interest in the project, which is being explored for epithermal-gold-silver-type and porphyry-copper-type mineralization, both with associated tellurium.

Eight drill holes (23RC-15 to 23RC-22), totalling 615 metres, were completed with 200 drill core samples taken for analysis. The drilling program tested shallow IP (induced polarization) geophysical anomalies in the vicinity of surface mineralization in the Conquest zone. Seven of the eight drill holes intersected quartz/silica-pyrite plus or minus clay breccias and associated argillic to propylitic alteration consistent with a low-sulphidation, epithermal gold system. Five occurrences of visible gold were noted in drill holes 23RC-16, 23RC-18 and 23RC-21. Mineralized zones show multiple phases and styles of brecciation and replacement textures with common, abundant pyrite (and/or marcasite) in silica and locally clay-rich matrixes. What are interpreted to be hydrothermal mill breccias (including the Oatmeal breccia) are a common phase in the Conquest zone and host two of the visible gold occurrences in drill core.

Much of the mineralization intersected is hosted in andesitic lapilli tuffs and adjacent rhyolite spires and associated carapace breccias. It appears that the porosity of the tuffs and voids in breccia units acted as a sponge for the initial hydrothermal fluids prior to repeated brecciation events, each event bringing in more clay minerals, silica and pyrite.

The mineralization in drill core, along with the corresponding IP chargeability anomalies, falls on the edge of or within a zone of low resistivity. Clay minerals, ubiquitous in epithermal systems as alteration products, along with the observed stringer pyrite, could create these resistivity lows which, with the IP chargeability anomalies that coincide with its margin, provide an extensive target area.

Future drilling will test the mineralized intervals laterally and to depth along the margin of the geophysical anomalies.

"We are very happy with what we see in core from this small drilling program. Not only have we intersected multiple intervals of promising-looking mineralization and visible gold within 40 metres of surface, we have also gained valuable knowledge of the geology and the likely causes of the geophysical signatures and a refined understanding of the epithermal system. The multiple phases of hydrothermal brecciation, of which most, if not all, carry pyrite, is a good sign as every progressive hydrothermal event provides the opportunity to increase gold grades and grow the epithermal system. Although we need to wait for assay results, we are very pleased with the results from the completed drilling program and we are optimistic about future drilling programs targeting the Conquest zone," stated Ian Bliss, president and chief executive officer of Northern Shield.

The drilling project along with this news release was overseen 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 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. The company implements a model-driven approach in exploration to reduce risks associated with early-stage projects for itself, its shareholders and the environment. This approach is what led to the discovery of an alkaline-related gold-silver-tellurium and porphyry copper system at the Root & Cellar project in Newfoundland.

We seek Safe Harbor.