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Drilling and Surface Sampling Identifies Further PGEs at Idefix - Including 1.4 g/t Pt+Pd+Au Over 31 Meters On Surface
OTTAWA , Oct. 10, 2013 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") [TSXV:...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n\n\nOTTAWA, Oct. 10, 2013 /CNW/ - Northern Shield Resources Inc. (\"Northern\n Shield\") [TSXV: NRN] is pleased to announce the results of the first\n drill program completed this fall on the Idefix PGE property in\n northern Quebec as well as surface sampling. Fourteen drill-holes\n totaling 1,501 meters were completed along with surface sampling (129\n sawn channel samples and 90 grab samples). A total of 951 samples of\n drill-core from the program were submitted for analysis.\n\n\nSignificant new PGE mineralization was discovered immediately south of\n the Idefix Ridge at La Colline. At this location, 41 of 92 surface\n samples collected over an outcrop measuring approximately 220 meters by\n 50 meters assayed over 1 g/t Pt+Pd+Au. This includes a zone defined by\n 34 continuous sawn channel samples which average 1.4 g/t Pt+Pd+Au,\n 0.28% Cu and 0.1% Ni over 31.35 meters within which there is a higher\n grade zone averaging 1.9 g/t Pt+Pd+Au, 0.38% Cu and 0.13% Ni over 15.85\n meters (see Tables 1 and 2). True widths are unknown at this time.\n Three drill-holes were completed at La Colline but these are all\n located east of a fault that appears to separate the western\n mineralized block from the un-mineralized eastern block.\n\n\nAlso of significance is a grab sample collected 900 meters east of\n Idefix Ridge which assayed 4 g/t Pt+Pd+Au. This occurrence differs from\n others within the Idefix property as it has a 1:1 Pt:Pd ratio (compared\n to a 1:3 Pt:Pd ratio found along the Idefix Ridge). This discovery is\n suggestive of yet another PGE zone, or perhaps reef, on the eastern\n side of Idefix, which has seen very little exploration in the past.\n\n\nAll ten of the drill-holes completed along the Idefix Ridge intersected\n the Upper Zone which ranges from 16.5 to 33.7 meters thick with grades\n between 0.22 and 0.39 g/t Pt+Pd+Au (see Table 3). A one meter thick\n reef at, or near the stratigraphic base of the Upper Zone, is also seen\n in all drill-holes and typically averages 0.8 g/t Pt+Pd+Au. Two of the\n three drill holes that were completed at La Colline intersected\n mineralization similar and perhaps analogous to the Upper Zone ranging\n between 19 and 31 meters in width and 0.14 and 0.21 g/t Pt+Pd+Au.\n\n\nFourteen other grab and channel samples from the Idefix Ridge returned\n assays between 1 and 16 g/t Pt+Pd+...