Northern Shield Options Co-Au-Cu IOCG Property in Nova Scotia; Exploration Underway at Shot Rock
Ottawa, Ontario (May 22, 2018) – Northern Shield Resources Inc. (“Northern Shield” or the “Company”) [TSX-V: NRN] is pleased to announce that, through its wholly owned subsidiary Seabourne Resources Inc, it has signed an Option Agreement with a prospector (“Prospector”) that gives the Company the right to acquire up to an 80% interest in the Five Island Property (“Property”) in Nova Scotia. The Five Island Property is adjacent to the claim groups the Company acquired last week through map staking and the two are being explored for Iron-Oxide-Copper-Gold (“IOCG”)-type Co-Cu-Fe-Au mineralization. The Five Island Property covers intensely altered and fractured basalt at the contact of a granite believed to be of Devonian/Carboniferous age. Stream sediment samples analysed by the Nova Scotia Department of Natural Resources with up to 650 ppm cobalt are located within the Property.