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.