Mr. Ian Bliss reports
DRILLING UNDERWAY AT NORTHERN SHIELD'S ROOT & CELLAR PROPERTY TARGETING EPITHERMAL GOLD-TELLURIUM-SILVER MINERALIZATION
Northern Shield Resources Inc. has commenced diamond drilling at the company's 100-per-cent-owned Root & Cellar property located on the Burin peninsula in southeastern Newfoundland. The property is being explored for epithermal gold mineralization as well as porphyry copper and includes five gold zones over a six-kilometre strike length. Tellurium, a critical metal, is associated with four of the showings and some of the copper mineralization.
Eight to 10 drill holes, totalling up to 3,000 metres, are planned, with the drilling focused on gold-tellurium-silver mineralization in the southern Conquest zone and one or two holes to test a copper porphyry target in the central Conquest area. Drilling has been contracted to MCL Drilling of Deer Lake, Nfld.
"We are excited to be starting this pivotal 3,000-metre drilling program on the Conquest zone at Root & Cellar. The drilling follows up on the 2023 program that identified a sinter and outflow zone, marking the top of an epithermal gold/silver system. It is unusual to see significant gold mineralization at the sinter level, and the visible gold found in the 2023 drilling and trenching programs, bodes well for what may exist at greater depth in the boiling zone where higher grades, characteristic of low-sulphidation systems, are expected. 3-D modelling of the magnetic low underlying the Conquest zone shows a compelling visualization of the epithermal system, with the sinter coinciding with the top of a 'branch' that extends to approximately 800-metres depth," said Ian Bliss, president and chief executive officer, Northern Shield.
Technical information in this news release was reviewed and approved 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 to find a mineable deposit, near surface and at relatively low cost. The company implements a model-driven exploration approach to reduce the risk associated with early stage projects for itself, its shareholders and the environment. This approach led the company to option the Root & Cellar property from a Newfoundland prospector, who discovered the mineralization, and then its advancement to a large gold-silver-tellurium system.
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