OTTAWA, Aug. 21, 2013 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") [TSXV: NRN] and its partner Discovery Harbour Resources Corp. ("Discovery") [TSXV:DHR] are pleased to announce the results of the summer drilling program at Anomaly 'E' within the Wabassi Project, located in northwestern Ontario. A down-hole electromagnetic survey was also undertaken on the completion of the drill program. Six holes were completed for a total of [...]
OTTAWA, July 29, 2013 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce that exploration, including a 10 hole, 1,500 meter drill program, has commenced on the Idefix PGE (platinum group element) project in northern Quebec. The exploration program is funded under the terms of the option agreement with Impala Platinum Holdings Ltd. ("Impala"). The drill program will test a 1.3 [...]
Northern Shield is pleased to provide an exploration update on the Ikertoq nickel project in west Greenland. Exploration crews will be mobilized to Greenland shortly after mid-June to undertake a reconnaissance of the Ikertoq property prior to drilling, which will commence the following week. An eight to ten hole, 1500 metre diamond drill program is currently planned to test Targets A, B, C and L (see [...]
OTTAWA, May 15, 2013 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce the intersection of significant visible gold during the first phase of a 3,000 metre drilling program being carried out this spring at the Wabassi VMS (volcanogenic massive sulphide) project located in northwestern Ontario. The Wabassi project is being explored under a 49/51 JV with Discovery Harbor Resource [...]
Northern Shield is pleased to announce that it has closed its previously announced brokered private placement financing for a total of 18,181,818 common shares at a price of C$0.11 per Common Share for gross proceeds of approximately C$2 million. Macquarie Capital Markets Canada acted as sole agent for the Brokered Offering. Teck Resources participated in the Brokered Offering purchasing 11,818,182 Common Shares.
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES./OTTAWA, May 3, 2013 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce that it intends to increase the size of its previously announced brokered private placement financing from C$1.5 million to C$2.0million (the "Brokered Offering"), for total gross proceeds of C$2.7 million including the [...]
Northern Shield is pleased to announce a private placement of common shares for up to C$1.5 million. Macquarie Capital Markets Canada Ltd., as sole agent, will conduct the Offering on a reasonable commercial efforts basis at a price of C$0.11 per Common Share. Northern Shield also intends to complete a concurrent non-brokered private placement of up to an additional 6,350,000 Common Shares on the same terms as the [...]
OTTAWA, Feb. 28, 2013 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") [TSXV: NRN] is pleased to announce an update on exploration at Wabassi and Monsoon including the resuming of exploration at Wabassi and the newly identified VMS targets on the Monsoon Property, the westernmost property of Northern Shield's Storm Claim Group.WabassiAs with all of the joint venture's previous drilling programs, geophysical surveys will be [...]
OTTAWA, Feb. 26, 2013 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce that it has signed a binding Letter Agreement with Greenland Gold Resources Ltd., ("Greenland Gold") whereby Northern Shield has the option to earn a 50% interest in the Ikertoq nickel project (the "Project") in west Greenland. To earn a 50% interest, Northern Shield must incur €1,000,000 ($CDN [...]
OTTAWA, Dec. 14, 2012 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce that visible gold was intersected in drill core on the Tempest property in Northern Ontario. The drilling was part of a five drill-hole program, totaling 1650 meters that was recently completed on the Tempest and Typhoon properties. The Tempest and Typhoon properties are part of the Storm Claim Group and are [...]
OTTAWA, Nov. 16, 2012 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce the appointment of Dr Scott Jobin-Bevans to the board of directors of Northern Shield. Dr Jobin-Bevans is the past President of the Prospectors and Developers Association of Canada (PDAC) and a founder and director of Caracle Creek International Consulting ("Caracle Creek"). Caracle Creek is a Canadian-South [...]
OTTAWA, Nov. 15, 2012 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce that it has completed a non-brokered private placement (the "Private Placement") for gross proceeds of $1,400,000 by issuing 12,727,272 units ("Units") at $0.11 per Unit. Each Unit consists of one common share and one half of one common share purchase warrant. Each whole warrant is exercisable for one common [...]