Northern Shield Resources Inc.

OTTAWA, ON , Sept. 26, 2023 /CNW/ - Northern Shield Resources Inc. is pleased to provide at update on the 500 metre diamond drilling program at Root & Cellar . Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland. The Company can earn up to a 100% interest in the Project, which is being explored for epithermal gold-silver and porphyry-copper type mineralization, both associated with tellurium [...]

Northern Shield Resources Inc. is pleased to announce that a grab rock sample recently collected from a zone of disseminated sulphides on its 100% owned Idefix Cu-Ni-PGE Property assayed 1.2% Cu, 0.35% Ni, 9.6 g/t Pd, 2.4 g/t Pt and 0.27 g/t Au. Ground truthing and verification of VTEM geophysical anomalies identified from a 2016 airborne survey was also undertaken during the very brief visit to the Property. Idefix is [...]

Northern Shield Resources Inc. is pleased to announce that grab rock sample assays from 2.0 g/t to 26.0 g/t Au have been received from its trenching program in the Conquest Zone at Root & Cellar . Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland. Northern Shield can earn up to a 100% interest in the Project, which is being explored for epithermal gold-silver and porphyry-copper type [...]

Northern Shield Resources Inc. is pleased to announce that it has closed a multi-faceted non-brokered, private placement of 2,100,00 units for total proceeds of $227,500 . The Offering was comprised of: i) 1,400,000 units at $0.10 per unit for aggregate gross proceeds of $140,000 with each Unit consisting of one common share in the capital of the Company and one Common Share purchase warrant , with each Warrant [...]

Northern Shield Resources Inc. is pleased to provide an update on exploration at the Root & Cellar Gold-Tellurium-Silver-Copper Project located near Marystown on the Burin Peninsula, in southeastern Newfoundland. The Company can earn a 100% interest in the Project, which is being explored for epithermal gold-tellurium-silver and porphyry copper mineralization. Visible gold has been identified in at least eight grab [...]

Northern Shield Resources Inc. is pleased to provide an update on exploration at the Root & Cellar Gold-Tellurium-Silver-Copper Project located on the Burin Peninsula in southeastern Newfoundland. The Company can earn a 100% interest in the Property, which is being explored for epithermal gold-tellurium-silver and porphyry copper mineralization. Crews are on site with mechanical trenching and trail preparation for a small [...]

Northern Shield Resources announces that it has granted options to acquire a total of 6,280,000 common shares in the capital of the Company pursuant to its shareholder approved stock option plan. Options to acquire a total of 5,660,000 Common Shares were issued to Northern Shield's officers and directors, and the balance were issued to employees and consultants. Each option entitles the holder to acquire one Common Share [...]

Northern Shield Resources is pleased to announce that it has closed the second tranche of a non-brokered, private placement of 3,152,000 units for total proceeds of $204,880. The second tranche Offering was comprised of 3,152,000 Units at a price of $0.065 per Flow-Through Unit for aggregate gross proceeds of $204,880 with each Flow-Through Unit consisting of one common share in the capital of the Corporation issued on a [...]

This news release is being disseminated as required by National Instrument 62-103 in connection with the acquisition of securities of Northern Shield Resources Inc. . Between July 18, 2023 and July 20, 2023 Russell Richards, the chair of the board of the Corporation, acquired an aggregate of 4,400,000 common shares in the capital of the Corporation. The Acquired Shares were purchased in three separate transactions as [...]

Northern Shield Resources is pleased to announce that it has closed the first tranche of a non-brokered, private placement of 3,800,000 common shares for total proceed $190,000. The first tranche Offering was comprised of 3,800,000 units at $0.05 per unit for aggregate gross proceeds of $190,000 with each Unit consisting of one common share in the capital of the Company and one Common Share purchase warrant, with each [...]