Northern Shield Finds More High-Grade Gold on Surface at Root & Cellar Gold Project, Newfoundland; Completes Drilling Program
Northern Shield Finds More High-Grade Gold
on Surface at Root & Cellar Gold Project,
Newfoundland; Completes Drilling Program
OTTAWA, ON
,
Dec. 15, 2021
/CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the
"Company") (TSXV: NRN) is pleased to provide an update on exploration at its Root & Cellar Gold-
Silver-Copper Project ("Root & Cellar" or the "Project") located on the
Burin Peninsula
in
southeastern
Newfoundland
. The Company can earn a 100% interest in the Project, which is being
explored for epithermal gold-silver mineralization and porphyry copper deposits. The Project covers
over 300 square kilometres.
Map showing location of drill-holes completed at Root & Cellar draped of total magnetic intensity and
the location of high-grade gold samples reported in this press release.
Blue lines represent intervals
of hydrothermal breccia intersected in drill-holes and projected to surface. Yellow lines represent
intervals of pyritic quartz veins and quartz-sercite-chlorite-pyrite schist intersected in drill-holes and
projected to surface. (CNW Group/Northern Shield Resources Inc.)
Fourteen diamond drill holes totalling 2,504 metres have been completed on the Project (Figure 1).
Drill holes 21RC-01 to 11 tested various geophysical targets in the expanded Conquest Zone, 21RC-
12 targeted a large and complex IP anomaly between Conquest and Windfall and drill holes 21RC-
13 and 14 tested the Windfall Zone. Over 400 drill core samples from the drilling program are at the
lab with all assays pending.
Three of six rock grab samples collected at surface (Figure 1) early in the program and sent for
analysis on an expedited basis, assayed 20.9, 17.9 and 28.8 g/t Au from samples RC21-5009, 5013
and 5014, respectively. The gold is associated with elevated concentrations of Ag, As, Se and Pb.
These three grab samples are from large angular boulders exposed during the construction of the
drill trail. Sample RC21-5009 (Figure 2a) was collected on gridline 5600E in the vicinity of a near-
surface IP anomaly and drill hole 21RC-06. The discovery of this boulder is important as it potentially
extends the strike-length of the higher-grade mineralization at Conquest a further 200 metres
eastward. Sample RC21-5013 was located along gridline 5400E in the vicinity of drill hole 21RC-02.
Similar looking rock was subsequently found in outcrop approximately 10 metres away and also at
the drill pad for drill hole 21RC-05 on line 5500E (Figure
2b
) for which assays are pending.
Interestingly, this exposure exhibits a very sharp upper boundary of mineralized and unmineralized
rock (Figure 2c). Over 150 additional surface rock grab samples are at the lab with all assays
pending.
Conquest Zone
: Drill holes 21RC-02, 03, 05, 06, and 08 to 11 intersected various widths of a
hydrothermal breccia (Figure 2d) containing pyrite, black silica, chlorite, illite and variable amounts of
free quartz with 21RC-02, 05, 06 and 09 being the most visually impressive. These intersections are
generally consistent with samples of mineralized hydrothermal breccia collected at surface including
those reported above and those in our press release dated
July 27, 2021
, though differences are
also observed.
Windfall Zone:
Both drill holes at Windfall intersected pyrite-bearing quartz-sericite-chlorite schist
and brecciated and laminated pyritic quartz veins, again consistent with what has been seen on
surface.
Drill holes 21RC- 01, 07 and 12 did not explain the IP anomalies they were targeting and further
drilling is warranted in these areas. Drill hole 21RC-04 intersected disseminated pyrite which
explained the IP target this hole was testing. The style of mineralization is different than what is seen
in the rest of the Conquest Zone and assay results are required for any further conclusion.
"We are very encouraged by the discovery of further gold on surface and by the multiple
intersections of what we believe at this time is a mineralized hydrothermal breccia in the Conquest
Zone. While we need to wait for assay results, we anticipate, and are planning, a return to drilling
at the earliest opportunity."
Ian Bliss
– President & CEO
Sample ID
Gold (Au) g/t
Silver (Ag) g/t
21RC-5009A
20.9
4.7
21RC-5010A
0.016
0.6
21RC-5011A
0.169
2.4
21RC-5012A
0.117
5.1
21RC-5013A
17.9
2.2
21RC-5014A
28.8
3.4
The surface sampling and drilling program is being overseen by
Christine Vaillancourt
, P. Geo., the
Company's Chief Geologist and a Qualified Person under National Instrument 43-101. S
amples
were, and are being, analyzed by ALS Global in
Vancouver, BC
, for Au by Fire Assay and multi-
elements by four acid digestion and ICP-AES. All standards and duplicates measured by ALS Global
meet their target concentrations as specified by the certified standards.
Northern Shield Resources Inc. is a Canadian-based company with experience in many geological
terranes and focused on generating high-quality exploration programs. 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,
geological, geophysical 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.
Fig 2a) Sample 5009;
Fig2b) Outcrop of hydrothermal breccia hosting abundant pyrite exposed at
drill pad 21RC-05;
Fig 2c) Outcrop of hydrothermal breccia exposed on vertical face at drill pad
21RC-05;
Fig 2d) Example of hydrothermal breccia in drill-core from 21RC-05 at a depth of 80.9
meters containing abundant very fine-grained sulphide and coarser pyrite. (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 08:00e 15-DEC-21