Northern Shield Resources Identifies PGE-Ni-Cu Mineralization on New Property in Western Ontario
Ottawa (September 4, 2009) – Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) is pleased to announce that it has identified significant PGE-Ni-Cu mineralization on a new property, known as Q-1, it has acquired, through staking, in western Ontario.
Northern Shield is in the process of conducting reconnaissance and due diligence on numerous potential PGE and Ni-Cu- PGE targets and occurrences in Ontario and Quebec as it awaits further results and exploration at Highbank Lake, Wabassi and Faint Hope. A grab sample collected during reconnaissance of one of these occurrences assayed 1.1 g/t Pt, 1.4 g/t Pd, 0.7% Cu and 0.1% Ni. The sample was collected from a coarse-grained pyroxenite dyke, sill or conduit. Follow-up sampling and mapping will commence next week. The property is located near the Quetico fault and within a few kilometers of a highway. The Quetico Fault has recently become important to PGE exploration as Magma Metals Ltd’s. PGE discovery near Thunder Bay, Ontario is located along this fault zone. While Northern Shield continues to acquire and seek new PGE-Ni-Cu properties and is very encouraged by the initial results from the Q-1 property, it remains focused on its flagship Highbank Lake PGE project in northern Ontario.