Silver Mine Mexico

cnw




BURLINGTON, ON, Sept. 13, 2012 /CNW/ - Silver Shield Resources (TSXV:
SSR) ("Silver Shield" or the "Corporation") is pleased to announce
that it has entered into a letter of intent to acquire a undivided 100%
interest in the former producing Real de Guadalupe Gold and Silver Mine
in Guerrero State Mexico. The Corporation has until November 17, 2012
to complete its due diligence and enter into a binding agreement upon
successful review of the property, title and property visits. Terms for
the letter of intent are stated in USD, and are as follows:









1)


Payment of $5,000.00 upon signing to enable Silver Shield geologists the
unfettered access to the property and all mining and technical records.





2)


Upon signing a formal deal Silver Shield Resources will pay a sum of
$30,000.00. Payments are staged as follows: $30,000.00 at the six,
twelfth, eighteen anniversary dates with $50,000.00 due on the 24th
month anniversary, $100,000.00 on the 30th month anniversary, and a
final payment of $230,000.00 due on the 36th month anniversary.





3)


Upon completion Silver Shield Resources will have 100% ownership of the
Real de Guadalupe Gold and Silver Mine, with a stated royalty of $3.00
per tonne payable to the vendors.








About the Real de Guadalupe Mine


The Mine consists of 500 hectares and lies in Guerrero State, Mexico
approximately 40 km northeast of Ixtapa-Zihuatenejo. The mines of the
area date back to the 1800's when the Spaniards worked on near surface
Gold, Silver, Copper, Lead & Zinc veins. Reported historic production
at Real de Guadalupe, averaged 450 grams Silver and 2 grams Gold, with
a high lead and zinc content. The style of mineralization is classified
as epithermal, poly-metallic of low to medium sulphidation. There are
some mineralized stockpiles on surface, tailings from the previous
milling and reported mineralized material remaining in the mine. The
mine closed in 1989 due to infrastructure issues with the 50 t/day
mill. Mining was performed from adits and some internal shafts over
~200m elevations. Silver Shield Resources is planning an exploration
program of mapping, surface sampling of the mineralized stockpiles and
tailings as part of its due diligence. Silver Shield Resources is
determined in bringing high grade small to medium mines into production
such as Real de Guadalupe.


Tim Towers President and CEO of Silver Shield Resources commented:
"While these are challenging times for the junior miners, the
opportunity to add a potential high grade producer to our stable of
Southern Mexican Silver Belt properties cannot be missed! With Temixco,
La Cumbre and potentially Real De Guadalupe, we are at the cusp of
taking great strides in moving the company into the next tier. The
resurgence of Gold and Silver prices in recent days adds to the allure
of this quality asset. Silver Shield's good relations with the Mexican
people, prospectors and mills in the area will certainly aid the
Corporation's stated production focus."


Tim Towers also stated "Silver Shield Resources continues to source both
debt and equity financing to move our quality projects to first stage
production. Despite the difficult market conditions for junior mining
companies, the quality of our assets has allowed us to meet with
several firms. We are considering the options and terms that have been
presented to us thus far, and will proceed if the terms are favorable
for the Corporation and its shareholders."


About Silver Shield Resources


Silver Shield Resources is determined to become a world class silver
producing company. The Corporation's immediate plans, once funded, are
to commence silver production on its fully owned and past producing
LaCumbre Silver Mine in Mexico. The Corporation's immediate plans also
include implementing, and completing a sampling program and
metallurgical study to confirm that past results of assaying of the
tailings deposit located at Silver Shield Resources' Temixco
concession. The tailings deposit is thought to contain ~500,000
tonnes, with an average grade of 145.3 g/t Ag and 1.00 g/t Au. Once the
results are confirmed, the Corporation will immediately begin working
towards an operation process the tailings pile recovering gold, silver
lead and zinc in concentrates. For more information regarding the
Corporation please visit the corporate website


Forward-Looking Statements


Information set forth in this news release may involve forward-looking
statements under applicable securities laws. The forward-looking
statements contained herein are expressly qualified in their entirety
by this cautionary statement. The forward-looking statements included
in this document are made as of the date of this document and the
Corporation disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information,
future events or otherwise, except as expressly required by applicable
securities legislation. Although Management believes that the
expectations represented in such forward-looking statements are
reasonable, there can be no assurance that such expectations will prove
to be correct. This news release does not constitute an offer to sell
or solicitation of an offer to buy any of the securities described
herein and accordingly undue reliance should not be put on such.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this release.








SOURCE: Silver Shield Resources Corp.



For further information:



Mr. Tim D. Towers President and CEO Silver Shield Resources Corp. Tel: (289) 337-6162 E-mail: silvershield@cogeco.net Mr. Frank Kordy Corporate Communications Manager Silver Shield Resources Corp. Tel: (289) 337-6162 E-mail: frank.kordy@silvershieldresources.net