OTTAWA, June 25 /CNW Telbec/ - Northern Shield Resources Inc. ("Northern
Shield") (TSX-V: NRN) is pleased to announce that it has completed an airborne
VTEM over its Faint Hope gold project in northeastern Ontario. The survey was
completed by Geotech Airborne Ltd. at 150 metre spaced lines and totaled 171
line kilometers. Further modeling of the data is underway.
The property is being explored for Homestake or Eleonore-style gold
mineralization and is located on an unexplored regional lineament which may be
a continuation of the Casa-Berardi Fault. A very distinct gold anomaly occurs
in till samples directly south of the property in association with
arsenopyrite and chalcopyrite (copper). Northern Shield also intersected
several gold anomalous boulders while drilling a kimberlite target nearby in
"Although we remain focused on our PGE projects, the Homestake-style
geochemical signature emanating from the property which covers a large,
distinctive target merited further investigation," explains Northern Shield
President and CEO, Ian Bliss.
Northern Shield is an innovative, results-driven Canadian company focused
on Platinum Group Element (PGE) exploration in Ontario. Its mission is to
create a successful mineral exploration company through technical excellence
and efficient management, where success is measured by the identification and
development of high-quality mineral exploration projects, which may ultimately
be optioned, sold or developed for maximum return on investment. For further
information on Northern Shield and its properties, please visit our website at
www.northern-shield.com or contact:
Forward-Looking Statements Advisory
This news release contains statements concerning the potential for gold
and copper mineralization at the Faint Hope property, geological, geophysical
and/or geometrical analyses of the Faint Hope property, and other
expectations, plans, goals, objectives, assumptions, information or statements
about future events, conditions, results of exploration or performance that
may constitute forward-looking statements or information under applicable
securities legislation. Such forward-looking statements or information are
based on a number of assumptions which may prove to be incorrect.
Although Northern Shield believes that the expectations reflected in such
forward-looking statements or information are reasonable, undue reliance
should not be placed on forward-looking statements because Northern Shield can
give no assurance that such expectations will prove to be correct.
Forward-looking statements or information are based on current expectations,
estimates and projections that involve a number of risks and uncertainties
which could cause actual results to differ materially from those anticipated
by Northern Shield and described in the forward-looking statements or
information. These risks and uncertainties include, but are not limited to,
risks associated with geological, geometrical and geophysical interpretation
and analysis, the ability of Northern Shield to obtain financing, equipment,
supplies and qualified personnel necessary to carry on exploration and the
general risks and uncertainties involved in mineral exploration.
The forward-looking statements or information contained in this news
release are made as of the date hereof and Northern Shield undertakes no
obligation to update publicly or revise any forward-looking statements or
information, whether as a result of new information, future events or
otherwise, unless so required by applicable securities laws.
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.
For further information:
For further information: Ian Bliss, President and CEO, Northern Shield
Resources Inc., (613) 232-0459, Fax: (613) 232-0760, email@example.com