Northern Shield Resources Inc. is pleased to announce that field exploration work has resumed at the Root & Cellar Property located on the Burin Peninsula in southeastern Newfoundland. Northern Shield can earn up to a 100% interest in the Root & Cellar Property which is being explored for epithermal gold and porphyry-copper type mineralization. The current fieldwork is focussed on prospecting and ground-truthing [...]
Northern Shield Resources Inc. is pleased to announce that all drill core assays from the inaugural drilling program at the Root & Cellar Property in Newfoundland have been received and include gold intercepts of up to 5.7 g/t Au. Northern Shield can earn up to a 100% interest in Root & Cellar. The Property is being explored for epithermal gold and porphyry-copper type mineralization. Fourteen drill holes totalling [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration 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 Project, which is being explored for epithermal gold-silver mineralization and porphyry copper deposits. The Project covers over 300 square kilometres. Fourteen diamond drill holes totalling [...]
Further to its press release dated November 30, 2021 , Northern Shield Resources Inc. announces that it intends to extend the exercise period of a further 2,050,001 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 in two tranches in December of 2019, with the first tranche closing on December 9, 2019 and the second [...]
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 [...]