Northern Shield Resources Inc. announces that the Company intends to extend the exercise period of a total of 1,766,667 share purchase warrants, all of which are exercisable at $0.10 per common share . The Warrants were issued pursuant to a private placement which closed on March 4, 2019. The Company proposes to extend the expiry dates for these [...]
Northern Shield Resources Inc. is pleased to announce that a third phase of drilling is planned to commence in late February at the Shot Rock Property in Nova Scotia. Shot Rock is being explored for low sulphidation epithermal gold-silver mineralization. Northern Shield owns an 84% interest in Shot Rock. The drilling program will consist of five to [...]
Northern Shield Resources Inc. is pleased to provide an update on the Root & Cellar Property in Newfoundland, which is being explored for epithermal gold mineralization and porphyry copper. The Company can earn a 100% interest in the Root & Cellar Property. Windfall Zone - New Gold Occurrence. Prospecting in the vicinity of strong gold in soil [...]
Northern Shield Resources Inc. is pleased to announce that it has closed a multi-faceted, non-brokered private placement financing of 5,825,000 common shares on a non-flow-through and flow-through basis for total proceeds of $500,000. The Offering was comprised of i) 4,125,000 units at $0.08 per unit for aggregate gross proceeds of $330,000 with [...]
Northern Shield Resources Inc. is pleased to announce that the initial review of the fully processed data from the controlled-source audiomagnetotellurics geophysical survey has been completed at its Shot Rock Gold Project in Nova Scotia. The Company is exploring the Property for low sulphidation epithermal gold mineralization and currently owns an [...]
Prospecting identifies two additional areas of gold mineralization Northern Shield Resources Inc. is pleased to announce that the controlled-source audiomagnetotellurics geophysical survey announced on October 28th has been completed at its Shot Rock Gold Project in Nova Scotia. Prospecting has also located two other areas of anomalous gold [...]
Northern Shield Resources Inc. is pleased to announce that a controlled-source audiomagnetotellurics geophysical survey has commenced at its Shot Rock Gold Project in Nova Scotia. This work was originally scheduled to begin in September but was delayed due to changes in filing for work exemptions under local COVID-19 policy. The Company is [...]
Northern Shield Resources Inc. is pleased to announce results from its soil sampling program at the Root & Cellar Property that has defined a distinct series of gold anomalous trends as well as a large area moderately anomalous in copper. The Company is exploring Root & Cellar for epithermal gold mineralization and porphyry copper. The Company can [...]
Northern Shield Resources Inc. is pleased to update progress on Phase 2 drilling and other exploration activities at its Shot Rock Gold Project in Nova Scotia and Root & Cellar in Newfoundland. The Company is exploring for low sulphidation epithermal gold mineralization and, has the right to earn an 80% interest in the Shot Rock Property. To date [...]
Northern Shield Resources Inc. is pleased to announce that it has closed a multi-faceted, non-brokered private placement financing of 17,938,461 units for total proceeds of $2,692,000. The Offering comprises i) 9,938,461 Units at $0.13 per Unit for aggregate gross proceeds of $1,292,000, with each Unit consisting of one common share in the capital [...]
Northern Shield Resources is pleased to announce that it has acquired two licences through online-staking and, through an option agreement, also acquired the right to earn a 100% interest in an adjacent licence on Merasheen Island in Placentia Bay, Newfoundland, about 60 km northeast of the Company's Root & Cellar gold project. Collectively, the [...]
Northern Shield Resources is pleased to provide an update on the Phase 2 drilling program currently underway at the Shot Rock Property in Nova Scotia based on visual observations of drill core. Shot Rock is being explored for low-sulphidation epithermal gold. Northern Shield can earn an 80% interest in Shot Rock Property. To date, approximately 700 [...]