Northern Shield upbeat about Braxton zone soil results

Executive Summary

• Northern Shield Resources Inc. reports significant soil sample anomalies for gold, silver, copper, and tellurium at the Braxton Bradley zone on its Root & Cellar property in Newfoundland.
• The new soil samples show anomalous concentrations 100 metres north of previous 1999 trenching and drilling locations, with values an order of magnitude greater than those immediately above the historical work.
• The company plans to expand the soil grid to the west and north to better define the trend of the broader soil anomalies, with Braxton Bradley factoring into the company's exploration plans for the year.

Key Details

• Location: Braxton Bradley zone, Root & Cellar property, Burin peninsula, southeastern Newfoundland.
• Property Status: 100-per-cent owned by Northern Shield Resources Inc.
• Target Type: Epithermal gold, porphyry copper, and associated critical metals (Tellurium).
• Historical Context (1999): Prior to Northern Shield's option, trenching and drilling (three holes, max depth 53m) returned grab sample values up to:
  • 2.5 g/t Au
  • 128 g/t Ag
  • 50 ppm Te
  • 1.4% Cu
• New Soil Sample Results:
  • Distinctly anomalous concentrations in Au, Ag, Cu, and Te found 100 metres north of the 1999 trenching/drilling location.
  • Results are an order of magnitude greater than soil samples from immediately above the trenching/drilling.
  • Scattered anomalous gold-in-soils detected to the north, not associated with elevated Ag, Cu, or Te, suggesting a different source.
• Exploration Plan: Soil grid will be expanded to the west and north to define the trend of the two broader soil anomalies.
• Laboratory: Samples analyzed by ALS Global in Vancouver.
  • Au by fire assay with ICP-AES finish (Au-ICP22).
  • Multielements by four acid digestion and ICP-MS finish (ME-MS61).
• Qualified Person: Christine Vaillancourt, PGeo, Chief Geologist, reviewed and approved the technical information under National Instrument 43-101.

Notable Quotes

• "Out of the five 'gold zones' at Root & Cellar, Braxton Bradley has received the least exploration to date, largely due to a lack of outcrop. However, these results indicate that there is more potential here than the 1999 trenching and drilling suggests."
• "The Au-Ag-Te soil anomaly is more distinct than the till anomaly at the Drop zone which hosts mineralized rock grab sample values up to 47 g/t Au, 1,385 g/t Ag and 700 ppm Te."
• "We are focusing on the Creston Copper porphyry target; however, Braxton Bradely will factor into our plans to hit Root & Cellar hard this year, along with other epithermal gold-silver and porphyry copper targets on the Burin peninsula."