Northern Shield Discloses Significant Stream Sediment Results from Shot Rock, Nova Scotia
Northern Shield Discloses Significant Stream
Sediment Results from Shot Rock, Nova
Scotia
OTTAWA
,
Aug. 8, 2018
/CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the
"Company") (TSXV: NRN) is pleased to announce the results from a recently completed stream
sediment sampling program at the Shot Rock Property,
Nova Scotia
(the "Property"). Shot Rock is
being explored through Northern Shield's wholly-owned subsidiary, Seabourne Resources Inc., which
can earn up to an 80% interest in the Property.
Significantly, four of the stream sediment samples assayed greater than 500 ppb Au (679 and 723
ppb) with two over 1,000 ppb Au (1,015 and 1,045 ppb). Three of these samples, along with three
other gold anomalous samples (25-100 ppb), form a distinct zone approximately 4.5 kilometres long.
This zone includes the stream from which the gold-bearing quartz boulders disclosed in press
release dated
July 24
th
, 2018 were found. The zone is located parallel to, and within 1 kilometre of
the Trans-Canada Highway. Maps showing the anomalous samples will be available shortly on the
Company's website at
www.northern-shield.com
.
"We are very encouraged to see these highly anomalous stream sediment samples clustered in an
area that had already caught our attention. The grades and distribution of the gold anomalous
stream sediment samples suggest there is more gold to be found," suggests Northern Shield
President and CEO,
Ian Bliss
.
The program is being overseen by
Christine Vaillancourt
, P. Geo., the Company's Chief Geologist
and a Qualified Person under National Instrument 43-101. Samples were analyzed by ALS Global in
Sudbury, Ontario
and in
Vancouver, BC
, for Au by Fire Assay with ICP-AES finish and base metals
by four acid digestion and ICP-AES. All standards and duplicates by ALS Global meet targeted
values.
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 program for Ni-Cu-PGEs and utilizing expertise and innovation
toward working on other deposit types. Seabourne Resources Inc. is a wholly-owned subsidiary of
Northern Shield focussing on epithermal gold and related deposits in
Atlantic Canada
and elsewhere.
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
Nova Scotia
properties,
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.
SOURCE
Northern Shield Resources Inc.
View original content: http://www.newswire.ca/en/releases/archive/August2018/08/c2645.html
%SEDAR: 00007505E
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 08:23e 08-AUG-18