Northern Shield Resources Inc.

Northern Shield Resources Inc. is pleased to announce that the Company has earned a 100% interest in the Root & Cellar property , located on the Burin Peninsula in southeastern Newfoundland. As per the terms of the option agreement signed in May 2019, prospector and original Property owner, Jeffery Brushett retains a 2.5% NSR of which 1% can be bought back by Northern Shield for $1.5M. The Property is being explored for [...]

Northern Shield Resources Inc. is pleased to announce that the Company has received certain refunds pertaining to its 2017 and 2018 Quebec Tax Return and Mining Tax Return. The total amount returned to the Company to date, including interest, amounts to $702,781. A further refund of approximately $70,000 is expected very shortly. In 2023, the Court of Quebec ruled in the Company's favour in a case the Company initiated [...]

Northern Shield Resources Inc. is pleased to provide an update on the Root & Cellar Property, , located on the Burin Peninsula in southeastern Newfoundland. The Property is being explored for epithermal gold mineralization and porphyry copper and includes 5 gold zones over a 6-kilometer strike-length. Tellurium, a critical metal, is associated with four of the showings and some of the copper mineralization. A M.Sc. thesis [...]

Northern Shield Resources Inc. is pleased to announce that it has closed a non-brokered, private placement of 1,000,000 units for total proceeds of $50,000 . The Offering was comprised of 1,000,000 flow-through units at a price of $0.05 per Flow-Through Unit for aggregate gross proceeds of $50,000 with each Flow-Through Unit consisting of one Common Share issued on a flow-through basis within the meaning of the Income Tax [...]

Northern Shield Resources Inc. is pleased to provide the results of a scout diamond drilling program at Root & Cellar , including 10.4 g/t Au over 1.5 metres. Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland and offers easy access for exploration work programs. The Company can earn up to a 100% interest in the Project, which is being explored for epithermal gold-silver and porphyry-copper type [...]

Northern Shield Resources Inc. is pleased to announce that the diamond drilling program at the Root & Cellar Gold Project , located on the Burin Peninsula in southeastern Newfoundland, has been completed, with visible gold noted in three of the eight drill holes . The Company can earn a 100% interest in the Project, which is being explored for epithermal gold-silver and porphyry-copper type mineralization, both with [...]

OTTAWA, ON , Sept. 26, 2023 /CNW/ - Northern Shield Resources Inc. is pleased to provide at update on the 500 metre diamond drilling program at Root & Cellar . Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland. The Company can earn up to a 100% interest in the Project, which is being explored for epithermal gold-silver and porphyry-copper type mineralization, both associated with tellurium [...]

Northern Shield Resources Inc. is pleased to announce that a grab rock sample recently collected from a zone of disseminated sulphides on its 100% owned Idefix Cu-Ni-PGE Property assayed 1.2% Cu, 0.35% Ni, 9.6 g/t Pd, 2.4 g/t Pt and 0.27 g/t Au. Ground truthing and verification of VTEM geophysical anomalies identified from a 2016 airborne survey was also undertaken during the very brief visit to the Property. Idefix is [...]

Northern Shield Resources Inc. is pleased to announce that grab rock sample assays from 2.0 g/t to 26.0 g/t Au have been received from its trenching program in the Conquest Zone at Root & Cellar . Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland. Northern Shield can earn up to a 100% interest in the Project, which is being explored for epithermal gold-silver and porphyry-copper type [...]

Northern Shield Resources Inc. is pleased to announce that it has closed a multi-faceted non-brokered, private placement of 2,100,00 units for total proceeds of $227,500 . The Offering was comprised of: i) 1,400,000 units at $0.10 per unit for aggregate gross proceeds of $140,000 with each Unit consisting of one common share in the capital of the Company and one Common Share purchase warrant , with each Warrant [...]