Northern Shield Resources Inc. is pleased to announce that it has closed the first tranche of a multi-faceted, non-brokered private placement financing of both units, comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant and Common Shares issued on a flow-through basis within the meaning of the Income Tax Act . The Company is offering Units at $0.08 per unit and the [...]
Northern Shield Resources Inc. is pleased to announce that, through wholly owned subsidiary Seabourne Resources, it has signed an Option Agreement with prospector Jeffery Brushett that gives the Company the right to acquire a 100% interest in the Root and Cellar Gold Project located near the town of Creston on the Burin Peninsula, Newfoundland. The Property is being explored for low and intermediate sulfidation [...]
Northern Shield Resources Inc. is pleased to announce that the initial phase of a multi-phase exploration program is underway at the Shot Rock Gold Property in Nova Scotia, which is being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in the Property. The focus of the first phase will be on mapping and detailed sampling of the quartz veins and alteration zones. The mapping is [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration at the Shot Rock Gold Property in Nova Scotia, which is being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in the Property. Following-up on the discovery of a second low sulphidation system within the Highway Zone at Shot Rock , on-going prospecting has expanded the foot-print of the second system [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration at the Shot Rock Gold Property in Nova Scotia, which is being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in the Property. Prospecting has resulted in the discovery of a second epithermal system within the Highway Zone at Shot Rock. Grab samples from boulders, sub-crop and outcrop have identified [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration at the Shot Rock Gold Property in Nova Scotia, which is being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in the Property. On-going grab sampling has continued to locate epithermal-type quartz vein and, quartz breccia material within the Highway Zone. Sixteen of thirty-nine samples from the latest [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the final tranche of a financing under the terms previously announced . This tranche consisted of 4,133,333 units at $0.055 per unit for aggregate gross proceeds of $227,333. Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each whole warrant is exercisable for one Common Share [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration at the Shot Rock Gold Property in Nova Scotia, which is being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in the Property. A high resolution airborne magnetic survey is anticipated to commence this week, weather permitting. The survey will be flown at 50 metre spaced lines and cover approximately [...]
Northern Shield Resources Inc. is pleased to announce that it has expanded the Grand Pabos Gold Property it recently acquired in the Gaspésie region of Quebec from 37 to 69 claims. The Property now consists of two claim blocks totalling 3,900 hectares. The Property includes two historic stream sediment samples identified from the Quebec provincial database that assayed over 100,000 ppb Au. One claim block covers a [...]
Northern Shield Resources Inc. is pleased to announce results from on-going exploration at the Shot Rock Property in Nova Scotia. These latest results show the continued identification of gold-anomalous to gold-bearing quartz veins in outcrop and boulders that have expanded the foot-print of the gold anomalous zone by 650 metres to the northeast. Shot Rock is being explored for low sulphidation epithermal gold [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the first tranche of a multi-faceted, non-brokered private placement financing of up to 14,000,000 common shares on a non-flow-through and flow-through basis within the meaning of the Income Tax Act . Flow-Through Shares are being offered at $0.075 per Flow-Through Share with respect to the Company's properties located in the Province of Quebec and [...]
Northern Shield Resources Inc. is pleased to announce that it has acquired, through map designation staking, two new gold projects in the Gaspesie region of Quebec. The projects were acquired within a structural and geological belt that runs from through Newfoundland, Nova Scotia, and into Gaspesie, Quebec. This same belt hosts the Company's recently discovered epithermal gold system at Shot Rock, Nova Scotia, the [...]
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