Northern Shield Resources Inc. is pleased to provide an update on the Root & Cellar Gold-Silver Property in Newfoundland. The Company can earn a 100% interest in the Property which is being explored for epithermal gold-silver mineralization. The Company has increased the size of Root & Cellar Gold-Silver Property through staking from 30 square kilometres to over 224 square kilometres , spread over three claim blocks [...]
Northern Shield Resources Inc. is pleased to announce that a third phase of drilling has commenced on the Shot Rock Property. Shot Rock is being explored for low sulphidation epithermal gold-silver mineralization. Northern Shield owns an 84% interest in Shot Rock. The drilling program will consist of five to seven drill holes totalling 2,500 metres, designed to test a series of well-defined gold-silver targets identified [...]
Northern Shield Resources Inc. is pleased to provide an update on the latest batch of rock grab sample results from the Root & Cellar Property in Newfoundland. The Company can earn a 100% interest in the Root & Cellar Property. Prospecting about 150 metres north of the main trench at the Conquest Zone resulted in the discovery of a large angular boulder assaying 26.4 g/t Au. Sampling of outcrop nearby identified anomalous [...]
Northern Shield Resources announces that the Company intends to extend the exercise period of a total of 1,766,667 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 March 4, 2019. The Company proposes to extend the expiry dates for these Warrants by one additional year, and accordingly, the new expiry dates for the [...]
Northern Shield Resources Inc. is pleased to announce that a third phase of drilling is planned to commence in late February at the Shot Rock Property in Nova Scotia. Shot Rock is being explored for low sulphidation epithermal gold-silver mineralization. Northern Shield owns an 84% interest in Shot Rock. The drilling program will consist of five to seven drillholes totalling 2,500 metres. The diamond drilling program is [...]
Northern Shield Resources Inc. is pleased to provide an update on the Root & Cellar Property in Newfoundland, which is being explored for epithermal gold mineralization and porphyry copper. The Company can earn a 100% interest in the Root & Cellar Property. Windfall Zone - New Gold Occurrence. Prospecting in the vicinity of strong gold in soil anomalies resulted in the discovery of numerous large angular gold-silver [...]
Northern Shield Resources Inc. is pleased to announce that it has closed a multi-faceted, non-brokered private placement financing of 5,825,000 common shares on a non-flow-through and flow-through basis for total proceeds of $500,000. The Offering was comprised of i) 4,125,000 units at $0.08 per unit for aggregate gross proceeds of $330,000 with each Unit consisting of one common share in the capital of the Company and [...]
Northern Shield Resources Inc. is pleased to announce that the initial review of the fully processed data from the controlled-source audiomagnetotellurics geophysical survey has been completed at its Shot Rock Gold Project in Nova Scotia. The Company is exploring the Property for low sulphidation epithermal gold mineralization and currently owns an 82% interest at Shot Rock. Further to the press released dated November [...]
Prospecting identifies two additional areas of gold mineralization Northern Shield Resources Inc. is pleased to announce that the controlled-source audiomagnetotellurics geophysical survey announced on October 28th has been completed at its Shot Rock Gold Project in Nova Scotia. Prospecting has also located two other areas of anomalous gold mineralization within the Property. The Company is exploring the Property for low [...]
Northern Shield Resources Inc. is pleased to announce that a controlled-source audiomagnetotellurics geophysical survey has commenced at its Shot Rock Gold Project in Nova Scotia. This work was originally scheduled to begin in September but was delayed due to changes in filing for work exemptions under local COVID-19 policy. The Company is exploring for low sulphidation epithermal gold mineralization and has the right to [...]
Northern Shield Resources Inc. is pleased to announce results from its soil sampling program at the Root & Cellar Property that has defined a distinct series of gold anomalous trends as well as a large area moderately anomalous in copper. The Company is exploring Root & Cellar for epithermal gold mineralization and porphyry copper. The Company can earn a 100% interest in the Root & Cellar Property. The soil sample program [...]
Northern Shield Resources Inc. is pleased to update progress on Phase 2 drilling and other exploration activities at its Shot Rock Gold Project in Nova Scotia and Root & Cellar in Newfoundland. The Company is exploring for low sulphidation epithermal gold mineralization and, has the right to earn an 80% interest in the Shot Rock Property. To date, eight diamond drill holes, 20SR-09 through 20SR-16, have been completed in [...]