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.