Northern Shield drilling Eastbank

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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irish1111

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Northern Shield drilling Eastbank

posted on Jun 16, 2009 08:12AM

Northern Shield begins drilling at Eastbank property

2009-06-16 10:59 ET - News Release

Mr. Ian Bliss reports

NORTHERN SHIELD COMMENCES DRILLING AT EASTBANK, NORTHERN ONTARIO

Northern Shield Resources Inc. has commenced a diamond drill program at its 100-per-cent-owned Eastbank property in the James Bay lowlands of Northern Ontario.

The 1,200-metre program is designed to confirm management's interpretation that the 750-square-kilometre property is underlain by the ultramafic portion (critical zone) of the Highbank Lake intrusive complex that extends eastward from the Highbank property. A magnetic trend, that can be traced on airborne geophysics for 80-100 kilometers and, may represent the ultramafic layers, will be the main focus of the drilling. Platinum group element (PGE) reefs are generally contained within, or just above, the ultramafic portion of layered intrusive complexes. The Highbank Lake and Eastbank properties are being explored for reef-type PGE mineralization and are located up ice from till samples where grains of nickel, copper and platinum minerals as well as numerous boulders of chromitite have been previously discovered by Northern Shield.

The drill project will be supervised by Christine Vaillancourt, Northern Shield's chief geologist, who is a qualified person under National Instrument 43-101.