Drilling Underway at Wabassi Property, Northern Ontario.

Drilling Underway at Wabassi Property, Northern Ontario.

Ottawa, Ontario (March 1, 2011) - Northern Shield Resources Inc. ("Northern Shield") [TSX-V: NRN] and Discovery Harbour Resource Corp. (“Discovery Harbour”) are pleased to announce that drilling has commenced on Northern Shield’s Wabassi Property in northern Ontario. Six drill-holes, totaling 1500 meters, are currently planned. Drilling will test VTEM anomalies “E and “C” and two larger ground EM anomalies within the A1 Zone where copper-(nickel) mineralization was discovered by Northern Shield and Discovery Harbour during last year’s drill program.

A recently completed ground EM survey completed over Anomaly E confirmed the presence of a 500+ meter long target that has considerable depth extent and strong conductivity.

Northern Shield Closes Financing

Northern Shield Closes Financing

Ottawa, Ontario (November 4, 2010) - Northern Shield Resources Inc. ("Northern Shield") [TSX- V: NRN] is pleased that is has completed a non-brokered private placement (the "Private Placement") of units at $0.16 per unit and flow-through shares at $0.18 per flow-through share for total gross proceeds of $415,700. Each unit consists of one common share and one-half of one warrant (a "Warrant"), with each whole Warrant being exercisable for one common share at a price of $0.25 for a period of 18 months; however, if prior to the expiry date the common shares close at a price of more than $0.50 per common share during any period of 20 consecutive trading days (the "Acceleration Period"), the expiry date shall be the date which is 5 trading days following the last trading day of the Acceleration Period. The proceeds from the Private Placement will be used for exploration on Northern Shield's properties and for general corporate purposes. Finder's fees of approximately $10,000 and broker's warrants to acquire 62,500 common shares, having the same terms as the Warrants, are expected to be paid to certain parties in connection with the Private Placement. The Private Placement is subject to the approval of the TSX Venture Exchange.

Northern Shield to Mobilize Drill to Max Property; Highbank Drilling to Follow; Geophysics Underway at Highbank

Northern Shield to Mobilize Drill to Max Property; Highbank Drilling to Follow; Geophysics Underway at Highbank

Ottawa (October 13, 2010) – Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) is pleased to announce that Layne Christiansen Drilling Ltd have been contracted for a minimum 3000 meter diamond drill program to be split between the Max Property and the Highbank Lake property both in the James Bay Lowlands of northern Ontario.

The drill will be mobilized to the Max property later this month where two holes totaling approximately 700 meters will be drilled to test a VTEM anomaly that coincides with a magnetic feature that management interprets to be a conduit or feeder pipe. The conduit appears to link a peridotite (ultramafic) body that Northern Shield drilled in 2008 that contained very high background levels of PGEs and nickel and the Wabassi North gabbro which shows below normal levels of PGEs and nickel. The target is believed to be akin to Magma Metal’s Thunder Bay North project where significant PGE mineralization is hosted in conduits that link two larger mafic/ultramafic bodies.

Northern Shield Announces Exploration Updates For Wabassi, Highbank and Quebec Properties.

Northern Shield Announces Exploration Updates For Wabassi, Highbank and Quebec Properties.

Ottawa (September 9, 2010) – Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) is pleased to announce exploration updates for the Wabassi and Highbank Lake projects and exploration activities in Quebec.

Highbank Lake:
Northern Shield is planning an IP (induced polarization) geophysical survey at its Highbank Lake project in northern Ontario in which Northern Shield currently has a 55% interest and Impala Platinum Holdings Ltd has a 45% interest. The survey will be conducted by Quantec Geoscience of Toronto, Ontario and will commence shortly. Drilling in 2007 indicated that drill-holes 07HB-01 and 05 intersected what management believes to be the very top of the “Critical Zone” which marks the transition from mafic to ultramafic rocks. It is just below this transition in the Bushveld Complex in South Africa that the two main PGE-bearing reefs are located. The IP survey will be conducted over several profiles in an area where the Critical Zone is projected to come near, or, to surface. Previous work by Northern Shield has identified grains of sperrylite (platinum sulphide) and pentlandite (nickel sulphide) along with chromite grains and boulders in stream sediment samples immediately adjacent to this target area. The data from the IP survey will be used to guide drilling in an up-coming program that is being planned.

Northern Shield intersects 70 meters of Copper Mineralization at Wabassi, and up to 705 g/t silver

Northern Shield intersects 70 meters of Copper Mineralization at Wabassi, and up to 705 g/t silver

Ottawa (June 2, 2010) – Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) and its partner Discovery Harbour Resources Corp. (“Discovery Harbour”) are pleased to announce that all assay results have been received from the last six holes of the expanded drill program at Northern Shield’s Wabassi property in northern Ontario. The drill program is being funded under the terms of the option agreement between Northern Shield and Discovery Harbour under which Discovery Harbour has the option to earn a 51% interest in the Wabassi property (see press release dated March 17, 2010).

Drill-hole 10WA-10 targeting the A1 anomaly intersected 69.74 meters grading 0.15% Cu and 5.7 g/t Ag including a higher grade interval of 0.23% Cu, 0.1% Ni and 12.3 g/t Ag over 29 meters. Drill-hole 10WA-12 located 75 meters north of 10WA-10, encountered two mineralized zones. The upper zone contained 0.48% Cu and 35.6 g/t Ag over 22 meters including a higher grade interval of 1.14% Cu and 97.4 g/t Ag over 6.93 meters and the lower zone graded 0.86% Cu and 6.4 g/t Ag over 8.5 meters.

Northern Shield Announces Updates on the Wabassi Property, northern Ontario; New VTEM Anomaly Identified.

Northern Shield Announces Updates on the Wabassi Property, northern Ontario; New VTEM Anomaly Identified.

Ottawa (May 25, 2010) – Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) is pleased to provide an update on exploration on its Wabassi property in northern Ontario. On May 4, 2010 Northern Shield and its partner, Discovery Harbour Resources Corp., (“Discovery Harbour”) announced the intersection of significant widths of zinc- silver mineralization during the initial phase (7 drill-holes) of drilling. The drill program, which was expanded from 10 holes/2300 meters to 13 holes/3100 meters, has now concluded and assays from the remaining 6 holes are expected within four weeks.

Northern Shield Announces New Ontario Discovery of High Grade Mineralization at Wabassi; Drill Program Extended

Northern Shield Announces New Ontario Discovery of High Grade Mineralization at Wabassi; Drill Program Extended

Ottawa (May 4 , 2010) – Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) and its partner Discovery Harbour Resources Corp. (“Discovery Harbour”) are pleased to announce that assay results have been received from the first seven of the ten planned drill-holes at Northern Shield’s Wabassi property in northern Ontario. The drill program is being funded under the terms of the option agreement between Northern Shield and Discovery Harbour under which Discovery Harbour has the option to earn a 51% interest in the Wabassi property (see press release dated March 17, 2010).

At the A2 anomaly (see Wabassi Target map on Northern Shield’s website), drill-hole 10WA-07 intersected 2.25% zinc (Zn), 31.7 g/t silver (0.92 oz/ton) and 0.17% copper over 49.5 meters, including a higher grade section of 7.07% Zn over 7 meters. Three sample intervals from this drill-hole also contained over 100 g/t silver including a 0.7 meter interval grading 536 g/t silver (15.66 oz/ton) and three other intervals contained over 12% Zn.

Northern Shield Enters into an Option Agreement on its Ni-Cu-PGE Wabassi Property; Drill-Crew and Rig Mobilized to Property for 2,300 metre Drill Program

Northern Shield Enters into an Option Agreement on its Ni-Cu-PGE Wabassi Property; Drill-Crew and Rig Mobilized to Property for 2,300 metre Drill Program

Ottawa (March 17, 2010) – Northern Shield Resources Inc. ("Northern Shield") [TSX-V: NRN] is pleased to announce that it has entered into an option agreement with Discovery Harbour Resources Corp. ("Discovery") respecting its 100% owned Wabassi property (the "Property") being explored for Nickel (Ni), Copper (Cu) and Platinum Group Elements (PGE) south of the "Ring of Fire" in northern Ontario.

Discovery is a private mineral exploration investment company founded by the principals of Western Potash Corp. [TSX-V: WPX] and Zimtu CapitalCorp. [TSX-V: ZC]. The President of Discovery is Ian Graham, an accomplished mining professional with over 20 years of experience in the discovery, evaluation and development of mineral deposits. Mr. Graham joined Discovery from Rio Tinto, where he was the Chief Geologist with Rio Tinto's Project Generation Group. Throughout Mr. Graham's career, he has been involved in the evaluation, exploration and development of numerous advanced stage projects in North America and abroad. Discovery’s Executive VP, Michael J. Senn, is an experienced explorer with a track record of discovery: during his tenure with Kennecott / Rio Tinto (1980 – ’97) Michael led teams involved with the Diavik Diamond and Eagle Deposits (MI) following a role as Regional & Project Exploration Manager for Kennecott’s Flambeau Mining Group.

Northern Shield Resources to drill Ni-Cu-PGE targets at Wabassi, northern Ontario

Northern Shield Resources to drill Ni-Cu-PGE targets at Wabassi, northern Ontario

Ottawa (March 1, 2010) – Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) is pleased to announce that it will drill six Ni-Cu-PGE targets on its 100% owned Wabassi property in northern Ontario. The 1300 meter drill program is planned to start early next month. The drilling will test five moderate to very strong VTEM conductors for Ni- Cu-(PGEs) hosted in massive sulphides and a layer within the Wabassi layered intrusion that can be traced on airborne magnetics for 8 kilometers and is being targeted for reef-hosted PGEs and chromite.

One cluster of anomalies on the property can be traced intermittently for 2000 meters and is open at one end. The EM anomalies correlate with strong magnetic signatures suggesting the presence of pyrrhotite, which is both magnetic and conductive. Pyrrhotite is usually the dominant mineral in Ni-Cu-PGE deposits. The shape and location of this anomaly suggest it may be a feeder conduit into the Wabassi layered intrusion, which was discovered by Northern Shield in 2007. A single drill-hole completed in 2008 intersected primary blebs of pyrrhotite with chalcopyrite (copper) and pentlandite (nickel sulphide) on the edge of the strongest conductor.

Northern Shield Resources stakes 7 km long PGE target in Quebec.

Northern Shield Resources stakes 7 km long PGE target in Quebec.

Ottawa (January 11, 2010) – Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) is pleased to announce that it has staked a new PGE prospect in Quebec. The property, which is located approximately 100 kilometers southeast of the town of Radisson, covers a 7 kilometer stretch of a peridotite dyke that has a total strike length of about 20 kilometers. The claims were strategically acquired in the middle portion of the dyke where the body widens and the rocks are zoned from a peridotite core to a gabbroic margin. Confirmation of claim registration is pending from the Quebec Ministry of Natural Resources and Wildlife.

Very little known exploration for PGEs has been conducted on this portion of the dyke. An EM (electro-magnetic) survey is being planned for later in the winter.