Northern Shield Announces Drilling Underway at Tempest Property,
posted on
Nov 06, 2012 11:24AM
Concentrating on Platinum group element (PGE), Gold & Diamond exploration.
Northern Ontario
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cnw
OTTAWA, Nov. 6, 2012 /CNW/ - Northern Shield Resources Inc. ("Northern
Shield") (TSXV: NRN) is pleased to announce that drilling has commenced
on the Tempest and Typhoon properties in northern Ontario. Five
drill-holes totaling 1500 meters are planned. Tempest and Typhoon are
part of the 100% owned Storm Claim Group.
Drilling will continue to test the Tempest 1 target where previously
announced high silver values in a volcanic setting suggest proximity to
Cu-Zn VMS-type mineralization. Drilling will also test several other
airborne VTEM conductors within the Tempest and neighbouring Typhoon
property.
The drill program is being overseen by Christine Vaillancourt, Chief
Geologist for Northern Shield and a Qualified Person under National
Instrument 43-101.
Northern Shield is an innovative, results-driven Canadian company
focused on Platinum Group Element (PGE) exploration in Canada and
Cu-Zn-Ag at its Wabassi and Storm properties. Its mission is to create
a successful mineral exploration company through technical excellence
and efficient management, where success is measured by the
identification and development of high-quality mineral exploration
projects, which may ultimately be optioned, sold or developed for
maximum return on investment.
Forward-Looking Statements Advisory
This news release contains statements concerning the drilling and exploration
plans, results and potential for Cu-Zn-Ag and other mineralization at
the Storm Claim Group, geological, geophysical and/or geometrical
analyses of the Storm Claim Group 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.
For further information:
For further information on Northern Shield and its properties, please visit our website at >www.renmarkfinancial.com