Northern Shield Resources Provides Update on its PGE Exploration activities in the James Bay Lowlands; Completes drilling at Eastbank



    OTTAWA, March 11 /CNW Telbec/ - Northern Shield Resources Inc. ("Northern
Shield") (TSX-V: NRN) announces exploration updates on its Highbank Lake and
Eastbank properties located within the western James Bay Lowlands in northern
Ontario.
    Infill sampling of drill core from drill-holes 07HB-01 and 05 (drilled
this past summer at Highbank Lake) has been completed. The results confirm
that the mineralization observed in the original sampling (see Northern
Shield's press release dated November 7, 2007) is of "reef"-type and similar
to low grade reefs that are found in the "Upper Critical Zone" above the main
PGE reefs in producing intrusions such as the Bushveld Complex in
South Africa.
    Re-analysis by an independent geophysical consultant of an airborne
electromagnetic (EM) survey previously completed at Highbank Lake has
identified several conductive horizons, up to 5 km in length, located along
strike from the PGE-bearing reefs and Critical Zone identified in the 2007
drill program. These conductors are likely caused by the presence of
disseminated sulphides and are located up-ice from the numerous chromitite
boulders previously found on the property by Northern Shield.
    A separate EM conductor exists nearby and coincides with an isolated
magnetic anomaly. This magnetic/EM anomaly has a strike length of over
1,000 metres and its location suggests it could represent contact style
Ni-Cu-(PGE) mineralization. Follow-up ground geophysical surveys are being
planned to further delineate these targets for the next drill program planned
for the beginning of this summer.
    An auger drill program has just been completed at the Northern Shield's
100% owned Eastbank property and samples are being rushed to Overburden
Drilling Management in Ottawa for analysis. The drill was used to collect
sediment samples from the overburden overlying the interpreted layered
intrusion and will be analyzed for chromite and other indicator minerals
associated with platinum-bearing layered intrusions. The presence of chromite
in the till immediately overlying the target would strongly support Northern
Shield's interpretation that the Eastbank property covers the ultramafic
portion of a vast layered intrusion. Chromite layers are a key indicator for
platinum mineralization in layered intrusions. Reconnaissance sediment samples
collected by Northern Shield earlier on this winter from the shore of a lake
at Eastbank contained a fragment of gabbro of similar composition to what is
seen at Highbank Lake and numerous grains of orthopyroxene. Gabbro is a rock
type found in abundance in layered intrusions. Similarly, orthopyroxene is a
mineral commonly found in the ultramafic portion of layered intrusions.
Northern Shield has staked an additional 16 claims bringing the property to
over 750 sq km.
    Northern Shield believes that the 1,000 sq km Eastbank target is a
continuation of the Highbank Lake layered intrusion and the possible source of
some of the numerous chromitite boulders found in the area by Northern Shield.
    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 Eastbank and Highbank Lake, exploration plans for,
Eastbank and Highbank Lake and the timing thereof, geological, geophysical
and/or geometrical analyses of Eastbank and Highbank Lake, 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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