OTTAWA, March 31, 2017 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to provide an exploration update for Huckleberry and Sé2. In 2016, South32 signed an option and joint venture agreement to support exploration at Huckleberry. Current exploration efforts are focused on a ground gravity survey over a portion of western Huckleberry, expected to commence in late [...]
OTTAWA, Jan. 27, 2017 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSXV: NRN] is pleased to announce it recently staked a new property, containing 88 claims, in the Labrador Trough. The Company will primarily explore the new property for Ni-Cu-PGE mineralization. In conjunction with the Company's main exploration programs in the region, a ground reconnaissance program will be undertaken on these new [...]
OTTAWA, Dec. 22, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSXV: NRN) is pleased to announce that its six hole drill program at Séquoi has been completed. All drill-holes tested different geophysical targets. The second of six drill-holes, 16SQ-02, intersected 5 meters (121.5m to 126.5m ) of what the Company believes to be brecciated, massive, semi-massive, stringer and [...]
OTTAWA, Dec. 5, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSXV: NRN] is pleased to announce South32 has confirmed its commitment to fund at least C$1.3 million of exploration expenditures at Huckleberry in 2017 in accordance with the Option and Joint Venture Agreement signed between the two parties in 2016. "The 2016 exploration and drill program provided vital information which enhanced our [...]
Northern Shield Resources is pleased to announce that it has completed a non-brokered private placement financing of 6,454,600 common shares on a flow-through basis within the meaning of the Income Tax Act (Canada) at a price of $0.17 per Flow-Through Share for aggregate gross proceeds of approximately $1,097,282. All proceeds from the sale of the Flow-Through Shares will be used to incur eligible Canadian Exploration [...]
OTTAWA, Nov. 22, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to announce that a drill crew is being mobilized to the Company's 100% owned Séquoi property in the Labrador Trough, northern Quebec. The program plans for 5-7 drill-holes totalling 1,000 meters to test 5 geophysical targets that the Company believes to represent large scale Ni-Cu-(PGE) magmatic deposits [...]
OTTAWA, Nov. 16, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSXV: NRN] is pleased to announce that it intends to complete a non-brokered private placement financing (the "Offering") of 5,883,000 common shares on a flow-through basis ("Flow-Through Shares") within the meaning of the Income Tax Act (Canada) at a price of $0.17 per Flow-Through Share for aggregate gross proceeds of approximately [...]
Northern Shield Resources is pleased to provide results from the drilling program at Huckleberry. The Huckleberry program was executed under the terms of the Option Agreement with South32, announced on June 7, 2016. Seven drill-holes, totaling 2,053 metres were completed. Drill-holes 16HK-01, -06, and -07 targeted the peridotite/olivine melagabbronorite unit which hosts the main mineralization in the Western Zone; 16HK-02 [...]
OTTAWA, Oct. 5, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to announce that the initial drill program has been completed at the Company's Huckleberry property. Seven holes totaling 2,053 meters were drilled, including one hole abandoned for technical reasons. A first batch of samples is in process at the analytical lab and the remainder are in transit. The drilling [...]
OTTAWA, Sept. 8, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to announce that it has completed a non-brokered private placement (the "Private Placement") of 2,272,727 units ("Units") at a price of $0.22 per Unit for aggregate gross proceeds of $500,000. Each Unit is comprised of one common share in the capital of Northern Shield (a "Common Share") and one half of one Common [...]
OTTAWA, Aug. 26, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to announce that a drill crew has been mobilized to the Huckleberry Ni-Cu-PGE project in northern Quebec. The drilling program is being executed under the terms of the Option Agreement with South32 announced on June 7th, 2016. Four to five drill-holes totaling 2000 metres are planned for the initial drilling [...]
OTTAWA, Aug. 8, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is very pleased to announce the results of the interpretation and modeling of the VTEM survey from the Séquoi Property in the Labrador Trough of Quebec. Séquoi is owned 100% by Northern Shield and is being explored for Noril'sk style Ni-Cu-PGE massive sulphides. After geophysical modelling and interpretation of [...]