Northern Shield Resources Inc. is pleased to provide an update on exploration at the Company's two flagship properties, the Shot Rock Property in Nova Scotia and the Root & Cellar Property in Newfoundland; both of which are being explored for low sulphidation epithermal gold mineralization. Northern Shield can earn up to an 80% interest in Shot Rock and 100% in Root and Cellar. "We are very happy to be drilling Shot Rock [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the final tranche of a multi-faceted, non-brokered private placement financing for proceeds of $446,040 bringing the aggregate total from the first and second tranche to $1,724,836 . The Offering size was increased from $1,325,000 to accommodate strong demand. The final tranche was comprised of: i) 600,000 units at $0.05 per Unit for aggregate [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the first tranche of a multi-faceted, non-brokered private placement financing of 23,742,594 common shares on a non-flow-through and flow-through basis for total proceeds of $1,278,796 . The initial tranche was comprised of i) 14,575,926 units at $0.05 per unit for aggregate gross proceeds of $728,796. Each unit consists of one common share in the [...]
Northern Shield Resources Inc. is pleased to announce that Nova Scotian prospector, Mr Patrick Bellefontaine , has discovered two new vein systems in Cape Breton, Nova Scotia, that are being explored for low-sulphidation epithermal gold and silver. Northern Shield, through its wholly-owned subsidiary Seabourne Resources, has signed an Option Agreement with the Prospector that gives the Company the right to acquire up to [...]
Northern Shield Resources Inc. is pleased to announce partial results from the inaugural phase of till sampling from the Root & Cellar Property in Newfoundland which is being explored for low sulphidation epithermal gold-silver mineralization. Northern Shield has an option to earn up to a 100 % interest in Root & Cellar . The till sampling survey covered the Drop and Conquests Zones as well as several structures deemed of [...]
Northern Shield Resources Inc. is pleased to announce the results of the first phase of till sampling from the Shot Rock Gold Property in Nova Scotia which is being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in Shot Rock. The first phase covered the Windmill and Middle Zones, and the southern portion of the Highway Zone. The sampling was conducted on a coarse grid with [...]
Northern Shield Resources Inc. is pleased to announce it has been invited by the Department of Energy and Mines, Nova Scotia to participate in a mining related Trade Mission to Japan organized by Global affairs Canada, NRCan and various provinces, including Nova Scotia. The purpose of the Mission, which will take place early October and is built on the vision of the Canadian Minerals and Metals Plan, is to expand trade [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration at the Shot Rock Gold Property in Nova Scotia which is being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in Shot Rock. The principal phase of field mapping at Shot Rock is now complete and the compilation is in its final stages. In summary , four distinct gold-bearing epithermal systems of low [...]
OTTAWA, Aug. 14, 2019 Northern Shield Resources Inc. is pleased to provide an update on exploration at the Shot Rock Gold Property in Nova Scotia, and the Root & Cellar Gold Property in Newfoundland; both of which are being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in the Shot Rock and 100% in Root & Cellar. Shot Rock Grab sample results from two sample batches totalling [...]
Northern Shield Resources Inc. is pleased to announce that it has closed the second tranche of a multi-faceted non-brokered private placement financing comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . The Offering is subject to the approval of the TSX Venture Exchange. The second tranche consisted 3,187,500 Units for gross proceeds of $255,000. All securities [...]
Northern Shield Resources Inc. is pleased to announce the election of Mr. Don Bubar to the Board of Directors of Northern Shield. Mr. Bubar is a professional geoscientist with 40 years' experience in mineral exploration and development mainly in Canada. Mr. Bubar grew up in Truro, Nova Scotia before graduating from McGill University and Queen's University . Since 1995, Mr. Bubar has been President and CEO of [...]
Northern Shield Resources Inc. is pleased to provide an update on exploration at the Shot Rock Gold Property in Nova Scotia, which is being explored for epithermal gold mineralization. Northern Shield can earn up to an 80% interest in the Property. Assays from rock sampling of the second low sulphidation system discovered within the Highway Zone at Shot Rock show a 300 metre long gold-anomalous trend including assays of [...]