Northern Ontario and, Appointment of Renmark Financial Communications Inc.

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OTTAWA, June 29, 2012 /CNW/ - Northern Shield Resources Inc. ("Northern
Shield") (TSXV: NRN) and Discovery Harbour Resource Corp. ("Discovery
Harbour") are pleased to announce that drilling has commenced on the
Wabassi Property in northern Ontario. Ten drill-holes, totaling 2000
meters, are planned.


In 2010 and 2011 drilling tested 4 VTEM anomalies within the Wabassi
property. VMS-type copper-zinc-silver mineralization was intersected at
three of these four anomalies including:


1.1% Cu and 97 g/t Ag over 7.7 meters in the A1 Zone;

2.3% Zn and 32 g/t Ag over 50 meters in the A2 Zone; and

1.4% Cu, 2.1% Zn, 35 g/t Ag and 0.11 g/t Au over 35 meters in the E
Zone.


A subsequent airborne VTEM survey identified over 40 anomalies of which
19 have signatures similar to those of A1, A2 and E Zones. Drilling
will target several untested VTEM anomalies and attempt to extend the
known mineralization in the E and A1 and A2 Zones. The Wabassi property
covers a 40-kilometre stretch of volcanic rocks that host this new
copper-zinc-silver-gold VMS district.


The drill program will be overseen by Christine Vaillancourt, Chief
Geologist for Northern Shield and a Qualified Person under National
Instrument 43-101.


Northern Shield also announces that it has retained the services of
Renmark Financial Communications Inc. ("Renmark") to assist in its
investor relations activities. In consideration of the services to be
provided, Northern Shield has agreed to pay Renmark a monthly retainer
of $5,000 for a contract term of 1-year with a 6-month out clause
starting July 1, 2012


Renmark does not have any interest, directly or indirectly, in Northern
Shield or its securities, or any right or intent to acquire such an
interest.


Northern Shield is an innovative, results-driven Canadian company
focused on Platinum Group Element (PGE) exploration in Canada and
Cu-Zn-Ag at its Wabassi and Tempest properties. Its mission is to
create a successful mineral exploration company through technical
excellence and efficient management, where success is measured by the
identification and development of high-quality mineral exploration
projects, which may ultimately be optioned, sold or developed for
maximum return on investment. For further information on Northern
Shield and its properties, please visit our website



Forward-Looking Statements Advisory


This news release contains statements concerning the drilling and exploration
plans, results and potential for Cu-Zn-Ag and other mineralization at
the Wabassi property, geological, geophysical and/or geometrical
analyses of the Wabassi property and other expectations, plans, goals,
objectives, assumptions, information or statements about future events,
conditions, results of exploration or performance that may constitute forward-looking statements or information under
applicable securities legislation. Such forward-looking statements or
information are based on a number of assumptions, which may prove to be
incorrect.


Although Northern Shield believes that the expectations reflected in
such forward-looking statements or information are reasonable, undue
reliance should not be placed on forward-looking statements because
Northern Shield can give no assurance that such expectations will prove
to be correct. Forward-looking statements or information are based on
current expectations, estimates and projections that involve a number
of risks and uncertainties which could cause actual results to differ
materially from those anticipated by Northern Shield and described in the forward-looking statements or information. These
risks and uncertainties include, but are not limited to, risks associated with geological, geometrical and geophysical
interpretation and analysis, the ability of Northern Shield to obtain
financing, equipment, supplies and qualified personnel necessary to
carry on exploration and the general risks and uncertainties involved
in mineral exploration and analysis.


The forward-looking statements or information contained in this news
release are made as of the date hereof and Northern Shield undertakes
no obligation to update publicly or revise any forward-looking
statements or information, whether as a result of new information,
future events or otherwise, unless so required by applicable securities
laws


Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.




For further information:

Northern Shield Resources Inc. Ian Bliss President and CEO Tel.: (613) 232-0459 Fax: (613) 232-0760 info@northern-shield.com

Renmark Financial Communications Inc. Barry Mire: bmire@renmarkfinancial.com Nadia Marks: nmarks@renmarkfinancial.com Tel.: (514) 939-3989 or (416) 644-2020 http://www.renmarkfinancial.com/">www.renmarkfinancial.com