OTTAWA, Sept. 11 /CNW Telbec/ - Northern Shield Resources Inc. ("Northern
Shield") (TSX-V: NRN) is pleased to announce the completion of a soil sampling
survey over its 100% owned Faint Hope property north of Cochrane, Ontario,
which is being explored for Homestake-style gold mineralization. The property,
which consists of 6 contiguous claims, covers what is interpreted from
airborne geophysics to be an iron-formation intruded by a diorite or granite
body that sits in the middle of a prominent, east-west regional fault zone.
Northern Shield's property is surrounded to the east and west by claims staked
by Lake Shore Gold Corp.
"We are very encouraged by these early results and are currently
evaluating certain possibilities to advance this very interesting gold
prospect while maintaining our focus at Highbank Lake and our other PGE
projects," said Northern Shield's president and CEO, Ian Bliss.
The survey, which was completed last month, was cut short due to heavy
rains; however, the results show enrichment of gold in the soils overlying the
rim of the intrusion in association with elevated arsenic and copper. The
samples were analysed by a selective leach method for which relative values
are used to determine enrichment, rather than absolute values. Selective leach
methods were designed to detect a geochemical response to buried
mineralization directly above the bedrock source.
Exploration was supervised by Christine Vaillancourt, Northern Shield's
Chief Geologist and a Qualified Person under National Instrument 43-101. Soil
samples were analysed by ALS Chemex laboratories in Perth, Australia, using
the ionic leach method, an innovative partial extraction using NaCN, Citric
acid, NH(3)Cl and EDTA in an acid-buffered solution.
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
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: Northern Shield Resources Inc., Ian Bliss,
President and CEO, Tel.: (613) 232-0459, Fax: (613) 232-0760,