Northern Shield Identifies Substantial New Gold Target at Root & Cellar; Fieldwork Continues to Uncover New Mineralization

Ottawa, Ontario (August 16, 2022) - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to announce that the Company has identified substantial new targets and continues to uncover new mineralization at the Root & Cellar Gold - Copper Project (“Root & Cellar” or the “Project”). Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland. Northern Shield can earn up to a 100% interest in the Project, which is being explored for epithermal gold and porphyry-copper type mineralization.