EXP Experion Holdings Ltd

Canadian Shield Resources Ltd. (TSX VENTURE: EXP) ("Canadian Shield" or the "Company") is pleased to announce exploration programs for 2010 and report on milestones achieved in 2009.

Keith Laskowski, President of Canadian Shield commented, "Following a successful December 2009 private placement financing, we are proceeding with our gold exploration programs. Canadian Shield will continue to focus on precious metals exploration mainly in Peru where we have seven gold exploration projects covering more than 16,000 hectares. We own a regional exploration database which provides the opportunity to identify new gold discoveries. Our strategy is to pursue the development of gold resources on our most advanced projects. Concurrently, we will pursue new gold discoveries utilizing our database. Canadian Shield will continue to seek favorable business partners or alliances for its projects. We are currently evaluating strategic precious metal opportunities in other prospective areas in Latin America."

Exploration Plans for 2010:

-   Exploration: The Colpayoc Project and the Estrella Project are the most
    advanced of the seven gold projects. These two projects have been
    explored and drilled by Canadian Shield Resources and/or others. The
    exploration objectives for 2010 are:

--  Drilling: Colpayoc Property - to commence a drill program to improve and
    expand the areas of mineralization and prepare an updated NI 43-101
    compliant technical report.

--  Technical Report: Estrella Property - to prepare a technical report; to
    perform additional geological studies on the drill cores; and to do
    geological modeling for a drilling program.

--  Staff Additions: The technical team in Peru will be expanded to
    accommodate the drilling and exploration initiatives.

--  Joint Ventures: The Company will seek alliances for four of its
    un-partnered projects.

-   RAGE (Regional Andean Gold Exploration): Canadian Shield owns a
    sophisticated gold exploration database which was acquired in the
    Gallant Minerals Peru Ltda. S.A. acquisition in 2004. The database
    contains all of the publicly available data commonly utilized for gold
    exploration, but importantly, it also contains a very expansive set of
    images, produced from processing of LANDSAT satellite imagery data. The
    database also contains an extensive collection of geological reports
    that were obtained from private libraries of historic mining companies.
    All of this data will be used to identify new areas of potential gold
    mineralization, for the purpose of making new gold discoveries.

2009 Milestones:

-   Reorganization - Canadian Shield consolidated its shares in March 2009
    to attract equity capital to maintain and advance its exploration
    projects and to be in a position to pursue new opportunities.

-   Improved Balance Sheet - Canadian Shield entered into agreements with
    debt holders to issue common shares of Canadian Shield in settlement of
    debt. The Company completed three non-brokered private placement
    financings over the past six months for gross proceeds of $4,050,000.

-   Management & Board Additions - Keith Laskowski was appointed to Canadian
    Shield's Board of Directors in June 2009 and President in August 2009.
    Mr. Laskowski has over 30 years of experience in precious and base
    metals exploration, uranium exploration and mine geology. He has served
    as an executive officer and director of three public companies and holds
    an MSc in geology from the Colorado School of Mines. Mr. Laskowski is
    experienced in all aspects of the exploration business and has
    specialized in the marketing of new discoveries.

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.

Forward-Looking Statements

This news release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives or expected results of Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Future drilling may fail to confirm economic mineral accumulations on current targets or discoveries. Important factors that could cause actual results to differ materially from the Company's expectations are the risks and uncertainties inherent in resource exploration and development detailed from time to time in the filings made by Company with securities regulators.

STATEMENTS IN THIS NEWS 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.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts: Canadian Shield Resources Ltd. Keith Laskowski MSc. President (720) 272-6224 (416) 927-1222 (FAX) klaskowski@canadianshieldresources.com www.canadianshieldresources.com