fyi: Northern Shield completes phase 1 drilling at Max

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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fyi: Northern Shield completes phase 1 drilling at Max

posted on Sep 08, 2008 07:30AM

2008-09-08 11:20 ET - News Release

Mr. Ian Bliss reports

NORTHERN SHIELD PROVIDES UPDATES ON EXPLORATION AT MAX AND WABASSI PROPERTIES - DRILLING RESUMES AT MAX AFTER NICKEL MINERALIZATION IDENTIFIED

Northern Shield Resources Inc. has completed the first phase of drilling at Max with four holes drilled and a second phase of drilling has commenced. Northern Shield has the option to earn up to a 66-per-cent interest in the Max property from East West Resource Corp. All three holes drilled on the main target at Max intersected a mafic-ultramafic intrusion composed of peridotite, olivine-gabbronorite and troctolite. Two of the drill holes (08MX-01 and 08MX-02) intersected local concentrations of disseminated chalcopyrite (copper sulphide), pentlandite (nickel sulphide), millerite (nickel sulphide) and chromite over very short intervals (less than one metre). Millerite is a very nickel-rich sulphide which generally forms from the remobilization of pentlandite. The location of the millerite suggests greater volumes of pentlandite may be located within the intrusion. The mineralized intersection in hole 08MX-02 is interesting in that only chalcopyrite and pentlandite were observed with none of the usual accompanying pyrrhotite (iron sulphide). If the electromagnetic anomaly currently being tested is of similar composition, it would be favourable to higher-grade nickel-copper mineralization.