OTTAWA, Sept. 22, 2017 /CNW/ - Northern Shield
Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is
pleased to announce that it has completed its planned till sampling
program at Sé2 and exploration in the surrounding area, including
follow-up sampling of the copper-gold discovery announced on
July 25, 2017.
Approximately 150 rock, soil and till samples from the above
mentioned programs are in the lab with results pending. Assays from
a further 450 core samples from the Huckleberry drilling program
are also pending.
As planned, field validation of an 800 metre long
electromagnetic conductor identified from a VTEM survey completed
in 2016 at Idefix is also underway. Significant PGE mineralization
is seen on surface at either end of this conductor that includes
the La Colline showing, previously discovered by Northern Shield.
The conductor coincides with a low-lying area of generally poor
exposure but further work in this area will attempt to determine if
this conductor is sourced in the Ni-Cu-PGE-bearing gabbro sill
complex or underlying sedimentary unit.
The programs are being overseen by Christine Vaillancourt, P. Geo., a Qualified
Person under National Instrument 43-101.
Northern Shield Resources Inc. is a Canadian-based company
focused on exploring for platinum group element ("PGE") and
nickel-copper-PGE deposits. It is known as a leader in grass roots
exploration for Ni-Cu-PGEs and the understanding of magmatic
systems as it applies to exploration.
Forward-Looking Statements Advisory
This
news release contains statements concerning the exploration
plans, results and potential Cu-Ni-PGE and other mineralization at
the Company's southern Labrador Trough properties, geological, and
geometrical analyses of the southern Labrador Trough properties and
comparisons of the properties to known Cu-Ni-PGE deposits, and
other expectations, plans, goals, objectives, assumptions,
information or statements about future events 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.