Silver Shield updates West Timmins exploration results

Thursday, Jul 29, 2010

Silver
Shield Resources ("Silver Shield" or the "Company") (TSX-V:SSR) provides an
update on exploration activities in the West Timmins Area.

Silver Shield has now received preliminary results from Magnetic and IP
surveys being run on the 100 % owned "Lost Dog Project" in south central
Denton Township tied onto RT Minerals' and Nebu Resources' land positions,
in Canada's hottest Gold Exploration Camp, the West Timmins area. Magnetic
surveys have shown a large area of low magnetic intensity crossing the
property from west to east that may represent the extension of the prolific
Porcupine-Destor Fault Zone (PDFZ) through the property, or may be a splay
structure off of it. A number of high magnetic intensity structures run
north-northeast across the property as well. IP surveys have shown that
conductive zones are associated with the margins of these structures, which
is a similar setting to the location of gold in drilling by other explorers
in the northern part of Denton Township and in Carscallen Township. The
company feels that this is very encouraging results, for the Lost Dog
Property, and an expanded area of IP surveys, and soil geochemistry is to
commence shortly.

Gold in Denton Township has been found hosted in metavolcanic rocks and iron
formations of the Tisdale and Deloro Assemblages, in the PDFZ cutting the
Tisdale Assemblage and in the Carlton Lake Pluton. Nebu Resources has
recently completed a drilling program on their Denton North Property that
hosts the Jowsey-Denton and Brown-McDade gold zones. The Lost Dog property
is underlain by a granodiorite intrusion, the Kenogamissi Batholith. This
felsic to intermediate intrusion underlies the southern third of Denton
Township and the PDFZ in this rock type has never been explored for Gold.

On the "Denton 2 Project" which consists of a single J shaped claim, part of
a 50/50 JV with Private Company, Mhakari Gold, located in Denton Township,
about 1 km northwest of the Lost Dog, the Company has received results of a
geochemical survey. Two areas of anomalous gold in soil values were found to
be associated with similar north-northwest trending structures. This claim
is surrounded by holdings of Lakeshore Gold and Nebu Resources. Follow-up
work including more detailed sampling and geophysical surveys are being
planned.

On the "East Ogden Project" a group of claims in the northeast corner of
Ogden Township, also part of a 50/50 JV with Private Company, Mhakari Gold,
the Company has received results of a geochemical survey. Six areas of
anomalous gold in soil values were found to be, once again, associated with
similar north-northwest trending structures. Two of the anomalies extend for
over 100 metres. Follow-up work including more detailed sampling and
geophysical surveys are being planned.

The Company has recently completed a round of geochemical sampling on its
"Gunther Lake Project " in central Carscallen Township, also part of a 50/50
JV with Private Company, Mhakari Gold. Samples are currently being logged
and prepared for shipment to the lab for analysis. Melkior Resources and
SanGold have recently been drilling near to this property.

The Company is extremely encouraged by work on its West Timmins properties
that has defined significant structures, and located gold enriched trends on
its properties. Additional work programs with the objective of determining
diamond drilling targets are being planned at this time and will be carried
out in the fall exploration season.

Source: Canada Wire