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BURLINGTON, ON, March 1 /CNW/ - Silver Shield Resources Corp. ("Silver
Shield) (TSXV: SSR) has entered into the Red Lake Gold Area with it's
signing of an option agreement on the "Sandeb Gold Project", with
Trueclaim Resources Inc. ("Trueclaim"), a wholly-owned subsidiary of
Trueclaim Exploration Inc. (TSX-V-TRM: OTCQX-TRMNF).


Tim Towers, CEO, commented "These claims, covering 3,360 acres, are in a
very active area of exploration, and we have realized on our long held
objective of a having a presence in the Red Lake Camp which has
produced in excess of 21.0 million ounces of gold from a variety of
deposits. The claims are situated 24 km southeast of the Red Lake Camp,
in an area northeast of the Dixie Lake North Area, adjacent to where
Grandview Gold Inc. has reported a mineral resource of approximately
415,000 tonnes grading 4.5 gms gold." Ontario Provincial highway 105
crosses through one of the claims and an Ontario Power transmission
line trends northwesterly through the property, beneficial for future
development.


The Sandeb Property is located in the probable southwest end of the
Birch Lake - Uchi Lake greenstone belt which in turn is separated from
the Red Lake greenstone belt to the north by granitic intrusions. The
supracrustal units in the area are contained in the Confederation
Assemblage which consists of metavolcanics composed of pillowed mafic
flows and intermediate to felsic pyroclastic units and metasedimentary
units. The metasedimentary rocks are wackes, siltstones, conglomerates,
magnetite iron formation and feldspathic arenites and siltstones. The
Confederation Assemblage lies stratigraphically above the Balmer
Assemblage which hosts the gold deposits of the Red Lake area. The
area has been subjected to polyphase deformation with all rocks in the
area being strained in a ductile fashion. The "Powerline" deformation
zone strikes on an east-southeast trend through the Property area.
Coarse-grained mafic intrusive rocks are spatially associated with the
mafic volcanics and a variety of gabbroic to dioritic and lamprophyric
dykes are present. Quartz and feldspar-phyric intrusions, pegmatite and
aplite dykes are also reported


Previous work on the Sandeb Gold Project includes surface exploration
work, consisting of ground magnetic surveys, VLF-EM, MaxiMin and
geochemical surveys as well as a small, 3 hole, 1,131 metre drill
program completed by "Trueclaim". Work by Trueclaim has also shown the
potential for base metal (Cu and Zn) VMS mineralization on the
property, which needs to be followed up. Silver Shield plans to
complete a compilation study as the first stage, in order to set
exploration targets, prior to additional ground work on the property
later this year.


To earn a 100% un-divided interest, subject to a 2 % NSR, Silver Shield
must issue to Trueclaim an aggregate of 500,000 common shares as
follows:









1)


100,000 common shares within five days of approval by the TSX Venture
Exchange (the "Effective Date")





2)


200,000 common shares - on or before the twelve (12) month anniversary
of the Effective date





3)


200,000 common shares- on or before the twenty-four (24) month
anniversary of the Effective date





Silver Shield is also required to incur aggregate exploration
expenditures of not less than $ 300,000 as follows:









1)


$100,000 on or before the first anniversary of the Effective Date





2)


$100,000 on or before the second anniversary of the Effective Date





3)


$100,000 on or before the third anniversary of the Effective Date





The option agreement is subject to TSX Venture Exchange approval.


Neither the TSX Venture Exchange nor its Regulation Service provider (as
that term is defined in the policies of the TSX Venture Exchange) has
reviewed or accepts responsibility for the adequacy or accuracy of this
release.




For further information:

please visit http://www.silvershieldresources.com/">www.silvershieldresources.com or contact:

Silver Shield Resources Corp. Tim Towers, Chief Executive Officer: (289)-337-6162
Donald Shaxon, Manager of Corporate Development: (289) 838-5936
Phone: 289-337-6162 [email protected]
Fax: 289-337-6678