Intersects Reef-type Mineralization at Idefix, Quebec

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OTTAWA, Aug. 29, 2013 /CNW/ - Northern Shield Resources Inc. ("Northern
Shield") (TSXV: NRN) is pleased to provide an update on its 100% owned
Idefix PGE (platinum group element) project in northern Quebec funded
under the terms of the option agreement with Impala Platinum Holdings
Limited ("Impala") and, the Ikertoq Ni-Cu-PGE project in Greenland.
Northern Shield has the right to earn a 50% interest in the Ikertoq
property under the terms of an option agreement with Greenland Gold
Resources Ltd.


Idefix, Quebec Update


Fourteen drill-holes totaling 1501 meters were completed along with
surface sampling (129 sawn channel samples and 90 grab samples). A
total of 951 samples of drill-core from the program have been sent for
analysis.


Twelve of the fourteen holes intersected various forms of disseminated,
blebby and net-textured sulphides typically dominated by pyrrhotite
with lesser chalcopyrite. In general, three styles of sulphide
mineralization were observed in drill core:










The Upper Zone consists of small patches of fine-grained net-textured
pyrrhotite and chalcopyrite irregularly distributed over intervals
generally ranging from 5-15 meters. Sulphide content over these
intervals average on the order of 1-2% with local, shorter, higher
content intervals.

















The Reef-type Zone consists of coarse-grained interstitial pyrrhotite
and lesser chalcopyrite. This zone is geologically distinct, generally
underlained by vari-textured gabbro(norite) including portions that are
pegmatoidal. The reef-type zones are generally between 0.3 and 1.5
meters thick. Sulphide content over these core intervals varies and is
up to approximately 15%.

















The Contact Zone consists of globules and blebs of pyrrhotite 1-3 cm in
diameter, with "flames" of chalcopyrite often seen emanating from the
globules. The Contact Zone generally ranges from 1 to 3 meters in
thickness. Sulphide globules are irregularly distributed over these
intervals and may reach up to 10% locally.









The above mentioned observations are based on visual inspection of the
core and without the benefit of analysis. Assays are pending and
expected in two to three weeks.


Based on last year's surface sampling, PGE mineralization at Idefix is
known to be associated with relatively low concentrations of sulphides
(~1-5% with a high of approximately 12%). Low concentrations of
sulphides are typical for many PGE deposits such as the JM Reef at the
Stillwater Complex, Montana and the Merensky Reef at the Bushveld
Complex, South Africa.


"We are very optimistic about the PGE potential of Idefix and are
particularly excited about the identification of reef-type sulphide
mineralization that was not recognized on surface last year" says
Northern Shield's President and CEO, Ian Bliss. "This style of
mineralization is highly sought after and what we had been looking for
at Highbank. We have multiple zones and styles of mineralization and
eagerly look forward to assay results and returning to the property for
further drilling."


Exploration at Idefix and in the surrounding region is being funded by
Impala of South Africa under the terms of an option agreement signed in
May 2012. The terms of the option and joint venture agreement allow
Impala to earn a 50% interest in Idefix by making cash payments to
Northern Shield totaling $300,000 over two years and incurring $3.2
million in exploration expenditures at Idefix or the surrounding area
over three years, with total expenditures of $1,950,000 committed for
the first two years of the agreement. The property expenditures are
subject to a 10% project management fee payable to Northern Shield who
is the operator of the projects.


Ikertoq, Greenland Update


Nine drill-holes totaling 2124 meters were completed along with surface
sampling (73 grab samples) and regional mapping and reconnaissance. A
total of 355 samples of drill-core from the program have been sent for
analysis. Six of the holes were drilled on the eastern portion of
Target A, two into the central portion and one at Target B to the south
of Target A. (see website)


In Target A, irregularly disseminated pentlandite (nickel sulphide) was
observed in dunite, peridotite and/or pyroxenite in five of the six
holes in the eastern portion in lower than expected concentrations in
association with trace pyrrhotite and chalcopyrite. In the two holes
drilled in the western portion zones of coarser grained pyrrhotite,
chalcopyrite and pentlandite were observed over intervals of 8 and 11
meters but again of overall lower concentrations than expected. Of
particular interest is the PGE potential of a pegmatitic pyroxenite at
the base of the intrusion with coarse disseminated blebs of pentlandite
and pyrrhotite mineralization that was intersected in drill-hole
IQ13-03. The drill-hole at Target B did not intersect any
mafic-ultramafic rock nor mineralization.


Conductivity measurements were also taken throughout the core and no
measurements were observed that would explain the VTEM conductors even
where pentlandite was present and despite the VTEM anomaly being
intersected as modeled. Four-holes were surveyed with down-hole
electromagnetics (EM) and several lines were also surveyed across both
the eastern and western portions of Target A with the same method.


"Target A has all the right parameters of a solid exploration target:
the right geology, very strong airborne geophysical anomalies and the
presence of pentlandite on surface and in nearly every hole. We are
obviously disappointed in the lack of massive sulphide in the first
phase of drilling but remain optimistic as nothing yet has been seen in
drill core that explains such a strong airborne EM anomaly. We must
also keep in mind that from what we see on surface, one does not
necessarily need massive sulphides to get good nickel grades in these
rocks. Interpretation of the down-hole and surface geophysical surveys
is on-going and further exploration will be determined when all assay
and geophysical results are in," says Northern Shield President and
CEO, Ian Bliss. The drill and camp remain on-site at Ikertoq.


Target L was not drilled though the area was mapped and prospected. Of
interest is a pyroxenite unit (perhaps related to similar rocks
observed in Target A) emplaced through sulphidic sediments. Grains of
pentlandite were observed in several samples from this area. No
mafic-ultramafic intrusive rocks were observed directly overlying
Target C though numerous other ultramafic intrusive bodies were
observed within the Ikertoq Property including near VTEM Targets D and
H. A layered dunite-pyroxenite intrusion was also discovered within
claims acquired by Northern Shield prior to the field season.


The above mentioned observations are based on visual inspection of the
core and without the benefit of analysis. Assays from Ikertoq that were
expected this week are delayed due to transportation issues outside of
Northern Shield's control.


Northern Shield has met the first year expenditure requirement per the
option agreement with Greenland Gold Resources Ltd.


General


The exploration programs at Idefix and Ikertoq were overseen by
Christine Vaillancourt, a Qualified Person under National Instrument
43-101. Samples from Greenland are being prepared by ALS Global in
Sweden and then analyzed by ALS Global in Vancouver, BC, for Au, Pt and
Pd by Fire Assay with ICP-AES finish and base metals by four acid
digestion and ICP-AES. Samples from Quebec are being prepared by ALS
Global in Val D'or, Quebec and then analyzed by ALS Global in
Vancouver, BC, for Au, Pt and Pd by Fire Assay with ICP-AES finish and
base metals by four acid digestion and ICP-AES.


Northern Shield will release any additional material results from all
assays once received.


Northern Shield is an innovative, results-driven Canadian company
focused on Platinum Group Element (PGE) and nickel-copper-(PGE)
exploration in Canada and Greenland, and copper-zinc-silver exploration
on its Wabassi and Storm properties in northern Ontario. 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.


Forward-Looking Statements Advisory


This news release contains statements concerning the geophysics, drilling and
exploration plans, results and potential PGE and Ni-Cu-PGE and other
mineralization at the Idefix and Ikertoq properties, geological,
geophysical and/or geometrical analyses of the Idefix and Ikertoq
properties and comparisons of the Idefix property to other known PGE
deposits, 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.








SOURCE: Northern Shield Resources Inc.



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