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OTTAWA, Feb. 14, 2012 /CNW/ - Northern Shield Resources Inc. ("Northern
Shield") (TSXV: NRN) is pleased to announce that exploration and drill
crews have been mobilized to Northern Shield's 100% owned Tempest
property, within the Storm Claim Group in northern Ontario. The Tempest
property is being explored for copper-zinc-silver VMS-type
mineralization.
Five drill-holes, totaling 2000 meters, are planned as the initial phase
at Tempest. Three of these drill-holes will continue to test the
Tempest 1 target where 104 m of 19 g/t silver was intersected in
November of last year (see press release, December 5, 2011). The
mineralogy, chemistry and rock-types intersected in that program are
typical of those found on the flanks of a VMS system. Ground geophysics
is also underway to provide better definition of the Tempest 5 target
located 6 kilometers to the east of Tempest 1. On completion of the
exploration program at Tempest, the field crews and drill rig will be
moved to the Wabassi property.
All exploration programs will be 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 Tempest 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 copper-zinc-silver and other
mineralization at the Tempest and Wabassi properties, geological,
geophysical and/or geometrical analyses of the Tempest and Wabassi
properties 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
No stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.
For further information:
please visit our website at http://www.northern-shield.com/">www.northern-shield.com or contact:
Northern Shield Resources Inc. Ian Bliss President and CEO Tel.: (613) 232-0459 Fax: (613) 232-0760 info@northern-shield.com
