Northern Shield Defines Distinct Gold Trends as well as a Large Copper Anomaly at Root & Cellar
Northern Shield Defines Distinct Gold Trends
as well as a Large Copper Anomaly at Root &
Cellar
OTTAWA, ON
,
Oct. 8, 2020
/CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the
"Company") (TSXV: NRN) is pleased to announce results from its soil sampling program at the Root
& Cellar Property that has defined a distinct series of gold anomalous trends as well as a large area
moderately anomalous in copper. The Company is exploring Root & Cellar for epithermal gold
mineralization and porphyry copper. The Company can earn a 100% interest in the Root & Cellar
Property.
A Thematic plot of anomalous gold and copper from the soil sampling program at Root & Cellar
exhibiting the distinct zonation and trends of the two elements. B Thematic plot of anomalous
tellurium and arsenic showing the close spatial relationship between them and the copper anomalous
area. (CNW Group/Northern Shield Resources Inc.)
The soil sample program consisted of 1143 samples collected over a grid measuring approximately
5 x 2 kilometres. In summary, the results show a large area moderately anomalous in copper near
the western end of soil grid, a series of 6 well defined "corridors" of anomalous gold to the north and
east of the copper anomaly, and an area of more irregularly distributed gold anomalies that form a
halo along the western margin of the copper anomaly in association with a distinct series of
pathfinder elements (see images A&B).
Gold Anomalies
Of the six "corridor" anomalies, four are of particular interest as they are all about 150 meters wide
and trend ESE which is consistent with recently mapped structures.
Conquest West:
The Conquest West soil anomaly is about 600 meters in length and hosts a
gold showing previously discovered by the prospector with grades of up to 47 g/t Au.
Conquest East:
The eastern soil anomaly is a new area of interest and with a strike length of
about 600 meters.
Little Pond
:
The anomaly lies one kilometer north of Conquest and occurs at the intersection of
ESE and ENE trending structures. This is another newly identified gold target that includes the
highest gold assay from the soil sample program of 493 ppb Au.
Red Rock
.
The Red Rock soil anomaly is the longest to date at over 1 kilometer in length.
Previous prospecting at one specific location along this corridor identified gold-bearing boulders
which assayed up to 2.4 g/t Au (see image D). However, the length of the soil anomaly
suggests that there could be additional mineralization to be found. The
Red Rock
"corridor"
differs from the others in that it also hosts sporadic but highly anomalous copper with soils
assaying up to 1143 ppm Cu.
The sporadic gold anomalies that are near the western edge of the grid are associated with a
distinct zone of anomalous arsenic, antimony and tin that forms a partial halo around the copper.
This area includes the Drop Zone Showing.
Copper Anomaly
The copper anomaly (up to 281 ppm Cu) is approximately 2 kilometers in diameter and closely
associated with bismuth, tellurium and selenium with elevated lead and zinc near its western margin.
Copper mineralization is known from the area with 70 previously collected rock samples assaying
over 0.1% Cu with a high of 10.5%. The copper is generally hosted in strongly altered basalts and
less commonly in quartz porphyries and rhyolites.
"We are very encouraged by the soil sample results, especially with the very distinct and linear
nature of the gold anomalies, which provides more confidence that the gold may be sourced in the
underlying structures. Field crews are on their way to conduct follow-up prospecting and sampling
of these anomalies. Our growing knowledge continues to support an intermediate to high
sulfidation epithermal model for the gold at Root & Cellar. Of interest too is the large copper
anomaly and associated pathfinders that may be suggestive of copper mineralization at depth
though further work is required to support a porphyry model for the copper. (see image C)."
Ian Bliss
– President & CEO
The soil sampling program at Root & Cellar was overseen by Mr.
Bryan Sparrow
(P. Geo., Eastern
Geo Services Inc.), a registered professional geoscientist (PEGNL) and a Qualified Person under
the National Instrument 43-101. Samples from the program were processed by ALS Global in
Sudbury, Ontario
, and analysed in
Vancouver, BC
, for a multi trace-element package that included
gold. Samples were digested using aqua regia and the resulting solution were analyzed by
inductively coupled plasma-atomic emission spectrometry (ICP-AES) and ICP-MS (mass
spectrometry).
Update on Shot Rock.
A CSAMT geophysical survey will commence shortly at Shot Rock. The survey grid is in place and
the survey was intended to start last week but due to a sudden change in the provincial
government's process regarding quarantine exemptions, which had previously been granted,
operations had to be delayed.
Prospecting is also underway in other portions of the Shot Rock Property to follow up on previously
collected gold anomalous stream sediment samples and other indications. Rock samples from the
new areas are being submitted to the lab and details will be provided shortly.
Northern Shield Resources Inc. is a Canadian-based company focused on generating high-quality
exploration programs with experience in many geological terranes. It is known as a leader in
executing grass roots exploration programs using a model driven approach. Seabourne Resources
Inc. is a wholly-owned subsidiary of Northern Shield focussing on epithermal gold and related
deposits in
Atlantic Canada
.
Forward-Looking Statements Advisory
This news release contains statements concerning the exploration plans, results and potential for
epithermal gold deposits, and other mineralization at the Company's Root & Cellar property in
Newfoundland
, geological, and geometrical analyses of the properties and comparisons of the
properties to known epithermal gold deposits and other expectations, plans, goals, objectives,
assumptions, information or statements about future, 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.
C Generalized diagram showing the theoretical spatial relationship between
copper porphyries (CP)
and intermediate (IS) and high sulphidation (HS)epithermal gold deposits. D Boulder from the Red
Rock Zone which previously assayed 2.4 g/t Au and is composed of strongly clay altered volcanic
fragments in a silica-hematite matrix and alunite altered shears. (CNW Group/Northern Shield
Resources Inc.)
SOURCE
Northern Shield Resources Inc.
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For further information:
Northern Shield Resources Inc.: Ian Bliss, President and CEO, Tel.: (613)
232-0459, Fax: (613) 232-0760, [email protected]
CO: Northern Shield Resources Inc.
CNW 08:30e 08-OCT-20