Northern Shield Resources Identifies and Stakes Vast Layered Intrusion Target in James Bay Lowlands



    OTTAWA, Nov. 7 /CNW Telbec/ - Northern Shield Resources Inc. ("Northern
Shield") (TSX-V: NRN) is pleased to announce that it has identified and staked
what management believes to be a vast layered intrusive complex in the James
Bay Lowlands of northern Ontario. The property, which is owned 100% by
Northern Shield, currently covers an area of 700 square kilometres and staking
continues.
    The target is approximately 1000 square kilometres and is located
immediately adjacent to the Highbank Lake intrusion, which is being explored
by Northern Shield and Impala Platinum Holdings Ltd. for reef-hosted PGEs.
Identification of this possible layered intrusion called "Eastbank" by
Northern Shield is based on management's interpretation of the regional
magnetics and understanding of the regional structure. The magnetic bands of
the new target appear to merge with the layered intrusion at Highbank Lake
suggesting that the area may be underlain by a very large layered intrusive
complex composed of two lobes: the Highbank Lobe and the Eastbank Lobe (the
new property), which combine to cover an area over 1,500 square kilometres.
The fold pattern and magnetic signature suggest that the Eastbank lobe is
likely dominated by mafic-ultramafic rocks that commonly compose the lower
stratigraphy of a layered intrusion which are ideal targets for reef hosted
PGE-(Cr) and Ni-Cu-PGE deposits. (See Northern Shield's website for images of
the target).
    Northern Shield has also staked two distinct magnetic anomalies on the
fringe of Eastbank that have been interpreted as possible ultramafic bodies
with potential to host Ni-Cu-(PGE) massive sulphides.
    According to geological maps of the area, the Eastbank Target is covered
in most part, if not completely, by a thin layer of Paleozoic rocks
(limestone, sandstone), estimated to be about 75 meters thick. Both Highbank
Lake and the Eastbank target are located along a major terrain boundary that
forms the southern limit of the Oxford-Stull Geological terrain. This terrain
hosts an unusually high number of mafic-ultramafic intrusions that are very
fertile in PGEs including Big Trout Lake, Lansdowne House, Eagle-One (Noront
Resources Ltd.) and Highbank Lake. Following on the encouraging drill results
from the 2007 drill program at Highbank Lake, Northern Shield is looking
forward to continue its aggressive exploration of the Highbank Lake Intrusion
and the Eastbank property.

    Northern Shield is planning a winter exploration program at Eastbank
including an airborne geophysical program at the earliest opportunity.

    Forward-Looking Statements Advisory

    This news release contains statements concerning the potential for PGE
and other mineralization at Eastbank, Highbank Lake and the Oxford-Stull
Terrain, exploration plans for Eastbank, geological, geophysical and/or
geometrical analyses of Eastbank and its similarities to the Bushveld Complex
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,
geological, geometrical and geophysical interpretation and analysis, the
ability of Northern Shield to obtain equipment, supplies and qualified
personnel necessary to carry on further exploration at Highbank Lake 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.

    THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED
    NOR DISPROVED THE CONTENTS OF THIS PRESS RELEASE
    %SEDAR: 00007505E




For further information:

For further information: Ian Bliss, President and CEO, Northern Shield
Resources Inc., (613) 232-0459, Fax: (613) 232-0760, info@northern-shield.com;
www.northern-shield.com


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