Northern Shield Resources Inc.

Concentrating on Platinum group element (PGE), Gold & Diamond exploration.

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Message: somebody keeps dumping into the bid

He also mentioned he might poke a hole or two on Highbank if Eastbank assays are not to his liking even if Impala is not onboard yet. He indicated perhaps Faint Hope gold property might be drilled later this Summer as well. He said he planned a very busy drilling season. Of course right now all these plans are contingent on Eastbank assay results.

The only concern I see on the horizon is dwindling cash reserves due to the high cost of drilling in northern ontario. An early hit on Eastbank could really make the shareprice explode and enable NRN to do another private placement at a much higher level than the previous and keep the war chest nice and full for all of Ian's plans. As the May NR indicates we have the right institutions in place for shareprice explosion we just need some decent assay results.

"We are very pleased to add Anglo Pacific and ERIG, two of Europe's pre-eminent resource funds, to our core group of notable institutional shareholders and to have Sprott once again participate in our financing to maintain its ownership interest in Northern Shield," said Mr. Ian Bliss, President and CEO of Northern Shield. "

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