Drilling Commences at Huckleberry to Test Gravity Anomalies
Drilling Commences at Huckleberry to Test Gravity Anomalies
OTTAWA
,
June 27, 2017
/CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to
announce that modelling of the ground gravity survey has been completed and drill crew have been mobilized to the property. The program is being
funded pursuant to the Option Agreement with South32 Canada Exploration Inc.
The drilling program will consist of 4-6 drill-holes totalling approximately 2000 metres. Drilling will primarily test 3 targets:
a strong gravity anomaly in the central part of the survey area that appears to be discordant to the stratigraphy and hence may represent a
feeder system;
a 900 metre long gravity anomaly that is located down-dip from the Discovery Zone mineralization;
and a distinct magnetic inversion target that is located below drill-hole 16HK-03 and coincident with a cluster of EM conductors. Drill-hole
16HK-03 was abandoned last year for technical reasons but mineralogical studies suggest it was proximal to Ni-Cu massive sulphides.
The drilling program is being overseen by
Christine Vaillancourt
, P. Geo., the Company's Chief Geologist and a Qualified Person under National
Instrument 43-101.
Northern Shield Resources Inc. is a Canadian-based company focused on exploring for platinum group element ("PGE") and nickel-copper-PGE
deposits. It is known as a leader in grass roots exploration for Ni-Cu-PGEs and the understanding of magmatic systems as it applies to
exploration.
Forward-Looking Statements Advisory
This news release contains statements concerning the exploration plans, results and potential Cu-Ni-PGE and other mineralization at the
Company's southern Labrador Trough properties and geological, and geometrical analyses of the southern Labrador Trough properties 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 and analysis.
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
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE
Northern Shield Resources Inc.
View original content: http://www.newswire.ca/en/releases/archive/June2017/27/c7747.html
%SEDAR: 00007505E
For further information:
Northern Shield Resources Inc.: Ian Bliss, President and CEO, Tel.: (613) 232-0459, Fax: (613) 232-0760,
CO: Northern Shield Resources Inc.
CNW 09:30e 27-JUN-17