Northern Shield Resources announces that the Company intends to extend the exercise period of a total of 7,287,963 share purchase warrants, all of which are exercisable at $0.10 per common share . The Warrants were issued pursuant to a private placement which closed on December 9, 2019. The Company proposes to extend the expiry dates for these Warrants by an additional six months and accordingly, the new expiry dates for [...]
Northern Shield Resources Inc. is pleased to provide an update on the drilling project currently underway at its Root & Cellar Gold-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-silver mineralization and porphyry copper deposits. The Property covers over 300 square kilometres. To date, 11 [...]
Northern Shield Resources Inc. is pleased to announce that drilling has commenced at its Root & Cellar Gold-Silver-Copper Project located on the Burin Peninsula. The Company can earn a 100% interest in the Property, which is being explored for epithermal gold-silver mineralization and porphyry copper deposits. The Property now covers over 300 square kilometres. The program calls for a minimum of 2,000 metres of diamond [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the second and final tranche of a multi-faceted, non-brokered private placement financing for $412,000 bringing the aggregate proceeds from both tranches to $712,000. This tranche of the Offering was comprised of 6,437,501 flow-through units at $0.064 per unit for aggregate gross proceeds of $412,000, with each Flow-Through Unit comprised of one [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the first tranche of a multi-faceted, non-brokered private placement financing for aggregate proceeds of $300,000. The first tranche of the Offering was comprised of 5,000,000 common shares in the capital of the Company at a price of $0.06 per share for aggregate gross proceeds of $300,000. The common shares were issued on a flow-through basis within [...]
Northern Shield Resources Inc. is pleased to announce that drilling permits have been received and a drilling contract is in place with respect to its Root & Cellar Gold-Silver-Copper Project. Drilling is expected to commence the last week of September. The Company can earn a 100% interest in the Property, which is being explored for epithermal gold-silver mineralization and porphyry copper deposits. The Property now [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration and interpretation from the Root & Cellar Gold-Silver-Copper Project located on the Burin Peninsula. The Company can earn a 100% interest in the Property, which is being explored for epithermal gold-silver mineralization and porphyry copper deposits. New Gold and Copper Occurrences Thirty-six additional grab sample assay results have been [...]
Northern Shield Resources Inc. is pleased to the announce the identification of additional IP geophysical anomalies along with the discovery of additional gold mineralization in outcrop from the Conquest Zone at the Root & Cellar Gold-Silver Project in Newfoundland. The Company can earn a 100% interest in the Property, which is being explored for epithermal gold-silver mineralization and porphyry copper deposits [...]
Northern Shield Resources Inc. is pleased to announce that it has made significant advancement at the Root & Cellar Gold-Silver Project in Newfoundland. These advancements stem from two components: 1) prospecting, and 2) a ground geophysical program consisting of Spectral IP and Resistivity, both pointing to a potentially very large system at Root and Cellar, particularly at the Conquest Zone. The Company can earn a 100 [...]
Northern Shield Resources Inc. is pleased to provide an update on the third phase of drilling at its Shot Rock Gold Project in Nova Scotia and progress on the geophysical survey at Root & Cellar in Newfoundland. Update on Shot Rock To date, eight diamond drill holes, 20SR-17 through 20SR-24, have been completed in the Phase 3 drilling program , totalling just over 3,400 metres. The first four drill-holes were located at [...]
Northern Shield Resources Inc. is pleased to announce that a ground geophysics program consisting of Spectral IP and Resistivity has commenced at the Root & Cellar Gold-Silver Project in Newfoundland. The Company can earn a 100% interest in the Property which is being explored for epithermal gold-silver mineralization and porphyry copper deposits. The geophysical survey, which is expected to take two weeks to complete, is [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration at the Company's epithermal gold-silver projects in Atlantic Canada. On the Shot Rock Gold-Silver Property in Nova Scotia, eight drill-holes have been completed in the current phase of drilling with the size of the program expanded from the planned 2,700 metres to just over 3,400 metres. All but one drill hole intersected quartz veining and [...]
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