Northern Shield Provides Update on Shot Rock Gold Property
Northern Shield Provides Update on
Shot Rock Gold Property
OTTAWA, Sept. 6, 2018 /CNW/ - Northern Shield Resources Inc.
("Northern Shield" or the "Company") (TSXV: NRN) is pleased to
announce that a focussed exploration program is underway at the
Shot Rock Gold Property (the "Property") in Nova Scotia as a follow-
up to the previous rock sampling program that identified gold-bearing
(0.6-1.0 g/t Au) boulders collected along a stream in proximity to a
highly anomalous stream sediment sample (1,045 ppb Au). See news
release dated August 14, 2018. 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.
The purpose of the current program is to:
1. conduct stream sediment and rock sampling on the northern
flanks of the area of interest to cut off, or extend, the source of
the gold in stream sediment samples to the north of the Highway
Zone;
2. conduct soil sampling and manual trenching east of the stream
containing one of the highly anomalous stream sediment
samples and the gold anomalous boulders found to date;
3. prospect the vicinity of the other highly gold anomalous stream
sediment samples; and,
4. sample and map a strongly altered structural zone identified
nearby, that previous sampling has shown to be highly
anomalous in pathfinder elements. This structural zone is
exposed near the top of a ridge above gold anomalous stream
sediment samples. Initial interpretation suggests this feature may
represent the very upper levels of a fault zone that could be the
source for the gold anomalous stream and rock samples found
below the ridge to the south and along strike to the east, in areas
of poor outcrop.
The Company is pleased to report that within a few days of
commencing the program, angular to sub-angular boulders of
epithermal quartz vein material have been found in the vicinity of the
1,015 ppb Au stream sediment sample. A relatively large angular
boulder consisting of colloform banded quartz with thick jasper bands
on the vein margin has also been found along a topographic and
magnetic lineament 200 metres east of the stream where the initial
gold-bearing boulders were found. Photos of several of these samples
are available on the Company's website. The samples will be sent for
analysis at the end of the program.
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 from the program will be 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.
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http://www.newswire.ca/en/releases/archive/September2018/06/c3181
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%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 08:30e 06-SEP-18