Northern Shield Acquires Extensive Alteration System Hosting Gold-Silver in Newfoundland

Ottawa, Ontario (August 4, 2020) - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to announce that it has acquired two licences through online-staking and, through an option agreement, also acquired the right to earn a 100% interest in an adjacent licence (the “Merasheen Option”) on Merasheen Island in Placentia Bay, Newfoundland, about 60 km northeast of the Company’s Root & Cellar gold project. Collectively, the three licences (the “Merasheen Property” or the “Property”) cover 27 square kilometres.