Northern Shield intersects visible gold and significant silver mineralization at Tempest, Northern Ontario
Monday, Dec 17, 2012
OTTAWA, Dec. 14, 2012 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce that visible gold was intersected in drill core on the Tempest property in Northern Ontario. The drilling was part of a five drill-hole program, totaling 1650 meters that was recently completed on the Tempest and Typhoon properties. The Tempest and Typhoon properties are part of the Storm Claim Group and are currently owned 100% by Northern Shield.
Approximately 40 grains of visible gold, hosted in a laminated quartz vein, were observed in the drill core from a short interval near the top of drill-hole 12TP-12 and assayed 134.5 g/t Au (4.3 ounces/tonne) from 65.45 m to 65.78 m and 58 g/t Au (1.9 ounces/tonne) from 65.78 m to 65.93 m. The same drill-hole also intersected 50.43 meters of 32.6 g/t Ag from 231.85 to 282.28 followed by a second 7.2 meter zone from 294.05 to 301.25 assaying 29.7 g/t Ag. The first zone included a 1.1 meter interval assaying 537 g/t Ag (17.3 ounces/tonne) and 0.82 g/t Au. (see Northern Shield's website for photos of the gold and maps of drill-hole locations)
Drill-hole 12TP-12 and 12TP-07 (see press release dated May 2, 2012) are the two westernmost holes drilled on the Tempest 1 target and both have intersected significant gold mineralization. All holes drilled on this target have intersected intensely altered and deformed volcanic rocks. While Tempest 1 was originally being targeted for Zn-Cu VMS mineralization it also possesses similarities to gold-rich VMS such as those of the Noranda district.
"This near-surface visible gold is the fifth and most significant intersection of gold mineralization since we started exploring the Tempest property and clearly demonstrates the prospectivity for gold mineralization and not just base-metals," says Northern Shield President and CEO, Ian Bliss. "Our exploration strategy on this property to date has been focused on the discovery of large Zn-Cu-Ag massive sulphide bodies, but now that we have intersected such high gold values including visible gold, we intend to diversify our exploration methods to target gold more specifically. We will focus in on the gold potential
when we return to the property in 2013."
The drill program was overseen by Christine Vaillancourt, Chief Geologist for Northern Shield and a Qualified Person under National Instrument 43-101. The drilling is being conducted by Vital Drilling of Sudbury, Ontario. The ground and down-hole geophysics were completed by Crone Geophysics and samples are being analyzed by ALS Chemex laboratories in Vancouver, B.C. for Au by Fire Assay with ICP-AES finish and base metals by four acid digestion and ICP-AES.
Northern Shield is an innovative, results-driven Canadian company focused on Platinum Group Element (PGE) exploration in Canada and Cu-Zn-Ag and Au 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.
SOURCE NORTHERN SHIELD RESOURCES INC.