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.