Northern Shield Resources Inc. is pleased to announce that a second phase of drilling is planned to commence in early-mid-July at the Shot Rock Property in Nova Scotia. Shot Rock is being explored for low sulphidation epithermal gold mineralization. Northern Shield can earn up to an 80% interest in Shot Rock. The phase two diamond drilling program is designed to follow up on the recent high-grade intersections found from [...]
Soil sampling program targeting LSE Gold and Copper porphyry systems Northern Shield Resources Inc. is pleased to announce field exploration has commenced at its Root & Cellar Property in Newfoundland, Canada. Root & Cellar is being explored for low-sulphidation epithermal type gold and copper porphyry mineralization. Northern Shield can earn a 100% interest in the Property subject to the terms of an Option Agreement [...]
Northern Shield Resources Inc. is pleased to announce that all drill core assays from the inaugural drilling program at the Shot Rock Property in Nova Scotia have been received and include high-grade gold intercepts of up to 22 g/t Au, the highest gold grades to date from Shot Rock. Northern Shield can earn up to an 80% interest in Shot Rock. The Property is being explored for low sulphidation epithermal gold [...]
Airborne Magnetic Survey also Identifies Copper Porphyry Targets Northern Shield Resources Inc. is pleased to provide an update on the Root & Cellar Property in Newfoundland which is being explored for low sulphidation epithermal gold-silver and copper porphyry mineralization. Northern Shield has an option to earn up to a 100% interest in Root & Cellar . The first phase of processing of data from a high resolution [...]
Geophysics Points Toward System Continuing to Depth Northern Shield Resources Inc. is pleased to provide an update on the inaugural drilling program at the Shot Rock Property in Nova Scotia, Canada. Shot Rock is being explored for low sulphidation epithermal type gold. To date, eight drill-holes totalling approximately 2,189 metres of the planned 2,000 to 2,500 metre diamond drilling program have been completed at the [...]
Three of five holes hit quartz veining and intense alteration Northern Shield Resources Inc. is pleased to provide an update on the inaugural drilling program currently underway at the Shot Rock Property in Nova Scotia, Canada. Shot Rock is being explored for low sulphidation epithermal type gold. To date, approximately 1,150 metres of the planned 2,000 to 2,500-metre diamond drilling program has been completed at the [...]
Airborne Magnetic Survey Competed at Root & Cellar Property in Newfoundland Northern Shield Resources Inc. is pleased to announce that drilling has commenced at the Shot Rock Property in Nova Scotia and that an airborne magnetic survey has been completed at the Root & Cellar Property in Newfoundland. Both properties are being explored for low sulphidation epithermal gold mineralization. Northern Shield can earn up to an [...]
Northern Shield Resources Inc. is pleased to announce that it has closed a non-brokered private placement financing for proceeds of $300,000 . The Private Placement consisted of 3,333,333 units at $0.09 per Unit with each Unit comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant . Each whole Warrant is exercisable for one Common Share at a price of $0.18 per share [...]
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 [...]
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