Northern Shield Resources Provides Update on its PGE Exploration activities in the James Bay Lowlands



    OTTAWA, Jan. 17 /CNW Telbec/ - Northern Shield Resources Inc. ("Northern
Shield") (TSX-V: NRN) announces exploration updates on its Highbank Lake,
Eastbank and Wabassi properties. All three properties are being explored for
reef hosted PGEs-(Ni-Cu) and are all located within the western James Bay
Lowlands in northern Ontario.

    Highbank Lake:

    Infill sampling of approximately 450 metres of drill core from
drill-holes 07HB-01 and 05 (drilled in the summer, 2007) has been completed
and samples have been sent for analysis. As disclosed in Northern Shield's
press release dated November 6, 2007, the PGE content and the geochemical
trends and ratios measured in the core at the bottom of hole 07HB-01 and top
of hole 07HB-05 are similar to those found very near major PGE-bearing reefs
in several known mineralized intrusions including the Bushveld Complex in
South Africa. Infill sampling of these two holes was completed at the
recommendation of two independent consultants who thought the mineralization
could have been missed during the initial phase of sampling since PGE
mineralization is often very inconspicuous and may not be accompanied by
visual sulphides. Assay results from the 430 samples collected from the lower
portion of drill-hole 07HB-01 and the upper portion of 07HB-05 are expected in
late February.

    Wabassi 1 & 2:

    The Wabassi 1 & 2 properties owned 100% by Northern Shield are located
60 kilometres southwest of Highbank Lake and consist of 22 claims, totalling
55 square kilometres. The property covers a target that management interpreted
to be a layered mafic-ultramafic complex with potential for PGE
mineralization. A rock sample that was randomly collected from an outcrop
during a very brief reconnaissance of the property assayed 130 ppb Pt + Pd.
Preliminary petrography revealed that the mineralogy and cumulate nature of
the rock are evidence of a layered mafic/ultramafic intrusion with potential
to contain reef-hosted PGE-(Ni-Cu) mineralization.

    Eastbank:

    During the staking of the 725 square kilometre Eastbank property, six
till samples were collected along a lake shore. Management believes that there
may be a "window" of Archean rocks through the younger sedimentary rocks in
this area of the property. These samples are currently being analysed for
heavy minerals and fragments of mafic/ultramafic rocks by Overburden Drilling
Management Limited in Ottawa. Results are expected later this month.
    "To find a significant platinum deposit one really has to find a layered
intrusion first," explains Northern Shield president Ian Bliss. "At a time
when the price of platinum is at an all time high, we have two very large
layered intrusions in Highbank and Wabassi, and likely an even bigger one at
Eastbank."
    Northern Shield is planning a deep overburden sampling program at Wabassi
and Eastbank, next month.  Samples will be collected with a portable auger
system capable of reaching depths of 30-40 meters.
    Exploration is being supervised by Christine Vaillancourt, Northern
Shield's Chief Geologist, who is a Qualified Person under National Instrument
43-101. Rock samples were analysed by ALS Chemex laboratories in Vancouver,
B.C. for Au, Pt, and Pd by Fire Assay with ICP-AES finish and 27 further
elements by four acid digestion and ICP-AES.
    Impala Platinum Holdings Limited of South Africa, the world's second
largest platinum producer, maintains a 45% interest in the PGE and PGE
by-products of the Highbank Lake property and has the option of incrementally
earning up to a 60% interest in the PGE and PGE by-products of the property by
incurring a total of $5 million in exploration expenditures on the property by
2010.

    Forward-Looking Statements Advisory

    This news release contains statements concerning the potential for PGE
and other mineralization at Wabassi, Eastbank and Highbank Lake, exploration
plans for Wabassi, Eastbank and Highbank Lake, and the timing thereof,
geological, geophysical and/or geometrical analyses of Wabassi, Eastbank and
Highbank Lake, , the timing of assay results 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 further exploration at
its properties 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: Northern Shield Resources Inc.: Ian Bliss,
President and CEO, (613) 232-0459, Fax: (613) 232-0760,
info@northern-shield.com, www.northern-shield.com


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