Mr. Ian Bliss reports
NORTHERN SHIELD PROVIDES UPDATE ON EXPLORATION AT ROOT & CELLAR AND CSM PROPERTIES, NEWFOUNDLAND
Northern Shield Resources Inc. has provided updates on exploration at Root & Cellar and CSM properties in the Avalon terrane of Eastern Newfoundland. The company's flagship Root & Cellar property, on the Burin Peninsula in southeastern Newfoundland, is being explored for porphyry copper plus/minus molybdenum, gold and tellurium, and epithermal gold-silver-tellurium. The CSM property (CSM), located on the Avalon Peninsula about 100 kilometres to the east of Root & Cellar, is being explored for magmatic Ni-Cu-Co (nickel-copper-cobalt) and porphyry copper-style mineralization.
At the Root & Cellar, line cutting has been completed on the grid over the Creston copper zone with a 3-D-IP geophysical survey estimated to commence by mid-May. Creston is defined by a two km diameter copper soil and rock sample anomaly, and represents one of the largest copper footprints on the Burin Peninsula. A diatreme breccia pipe complex, measuring approximately 1,600-by-800-metre occupies the centre of the target. Three phases of copper mineralization are noted in the diatreme breccia, along with lead and zinc mineralization, believed to have precipitated from a vapour phase, which is interpreted as evidence of an underlying magmatic-hydrothermal system. A 2,000 to 3,000 m drilling program is planned to test targets defined by the 3-D-IP survey.
CSM, farther to the east in the Avalon terrane, was originally acquired for its porphyry copper potential. The company believes that the east-west rift system where Root & Cellar is located, continues across Placentia Bay to the south end of the Avalon Peninsula where it intersects a north-trending rift system. The southern portion of CSM covers a distinct cluster of till samples anomalous in copper, nickel and cobalt in an area of limited bedrock exposure. However, government geology maps show multiple gabbroic sills with strike lengths exceeding 10 km, hosted in sedimentary carbonate and shale sequences. A high-resolution airborne magnetic survey totalling 3,200 line kilometres has been completed over CSM by Prospectair Surveys at 50 m line spacing. Processing and modelling of the data are under way with an initial review of the unprocessed data supporting the existence of multiple thin sills and highlighting unmapped dikes that coincide with the tend of the east-west rift. Based on these results and regional gravity data which suggests the prospective geology continues at depth to the north of the original claim block, CSM has been expanded from 135 square km to 292 square km. Further updates will be provided once the data are processed and modelled.
"The past few months we have been focusing on gathering information at Creston and growing our understanding of the copper porphyry target, and in the process, the entire Root & Cellar camp. We now eagerly look forward to the start of the 3-D-IP survey and then drilling. At CSM, we were not expecting to be exploring for magmatic Ni-Cu-Co in the Avalon terrane, however the till geochemical signature is quite clear, but on stepping back to look at the bigger geological picture, including a large fertile gabbroic sill-dike complex, intruding carbonates and pyritic shales at a rift-rift intersection, it is hard to ignore,"
said Ian Bliss, president and chief executive officer, Northern Shield.
The technical information in this news release has been reviewed and approved by Mike Muggridge, PGeo, a qualified person within the meaning of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.
About Northern Shield Resources
Inc.
Northern Shield Resources is a Canadian-based company, a leader in generating high-quality exploration targets, that views greenfield exploration as an opportunity to find a mineable, near-surface deposit at relatively low cost. The company implements a model-driven exploration approach to reduce the risk associated with early stage projects for itself, its shareholders and the environment. This approach led the company to option the Root & Cellar property from a Newfoundland prospector, who discovered the copper mineralization, and then to its advancement to the large gold-silver-tellurium and porphyry copper system that it has become.
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