Canadian Shield Resources Ltd. (TSX VENTURE:EXP) ("Canadian Shield" or the
"Company") announces the granting of 797,500 incentive stock options on October
26, 2009. Of the 797,500 stock options awarded, 750,000 were granted to three
executive officers and three directors of the Company. 


The stock options were granted as performance incentives for officers,
directors, employees and consultants. The stock options have an exercise price
of $1.00 per share and vest quarterly over an 18-month period expiring October
26, 2012. All options granted and any common shares issued upon the exercise of
the options will be subject to a statutory four-month hold period expiring
February 27, 2010. The granting of the options is subject to regulatory
approval. 


About Canadian Shield Resources Ltd. (TSX VENTURE:EXP) 

Canadian Shield is a precious metals exploration and development company focused
on strategically-located properties in Peru and Chile. Canadian Shield has seven
precious metal exploration projects in Peru and one in Chile. The Company's
shares are listed on the TSX Venture Exchange (Trading Symbol TSX-V: EXP).
Further information is available at Canadian Shield's website:
www.canadianshieldresources.com. 


STATEMENTS IN THIS PRESS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION,
INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR
EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING
STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS
AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT,
ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING
STATEMENTS.


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