23:35:20 EST Tue 03 Feb 2026
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Northern Shield Resources Inc (2)
Symbol NRN
Shares Issued 135,325,601
Close 2026-02-03 C$ 0.08
Market Cap C$ 10,826,048
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Northern Shield upbeat about Braxton zone soil results

2026-02-03 17:14 ET - News Release

Mr. Ian Bliss reports

NORTHERN SHIELD IDENTIFIES GOLD-SILVER-TELLURIUM-COPPER TARGET AT BRAXTON BRADLEY SHOWING, ROOT & CELLAR PROPERTY, NEWFOUNDLAND

Northern Shield Resources Inc. is releasing soil sample results from the Braxton Bradley zone on the company's 100-per-cent-owned Root & Cellar property on the Burin peninsula in southeastern Newfoundland. The property is being explored for epithermal gold, with five gold zones over a six-kilometre strike length, and porphyry copper. Tellurium (Te), a critical metal, is associated with four of the gold showings and copper mineralization.

The Braxton Bradley zone is the most easterly of the five gold zones on the property. Trenching and drilling (three drill holes to a maximum depth of 53 metres) in 1999, prior to Northern Shield's option of the property, returned grab sample values up to 2.5 grams per tonne Au, 128 g/t Ag, 50 parts per million Te and 1.4 per cent Cu (see company news release May 21, 2019).

Assay results from the soil samples show distinctly anomalous concentrations in Au, Ag, Cu and Te, 100 metres to the north of the 1999 trenching and drilling location; these results are an order of magnitude greater than the soil sample results from immediately above the trenching and drilling.

In addition, the soil sample survey shows scattered anomalous gold-in-soils to the north, not associated with elevated Ag, Cu or Te, suggesting a different source.

The soil grid will be expanded to the west and north to better define the trend of the two broader soil anomalies.

"Out of the five 'gold zones' at Root & Cellar, Braxton Bradley has received the least exploration to date, largely due to a lack of outcrop. However, these results indicate that there is more potential here than the 1999 trenching and drilling suggests. The Au-Ag-Te soil anomaly is more distinct than the till anomaly at the Drop zone which hosts mineralized rock grab sample values up to 47 g/t Au, 1,385 g/t Ag and 700 ppm Te. We are focusing on the Creston Copper porphyry target; however, Braxton Bradely will factor into our plans to hit Root & Cellar hard this year, along with other epithermal gold-silver and porphyry copper targets on the Burin peninsula."

Samples were analyzed by ALS Global in Vancouver for Au by fire assay with ICP-AES finish (Au-ICP22) and multielements by four acid digestion and ICP-MS finish (ME-MS61). All standards and duplicates meet targeted values. 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, a leader in generating high-quality exploration targets, that views greenfield exploration as an opportunity to find a minable, near-surface deposit at relatively low cost.

We seek Safe Harbor.

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