Business
Northern Shield Completes Reconnaissance of PGE Targets in Labrador Trough, Quebec
OTTAWA , July 14, 2014 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") [TSXV: ...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n\nOTTAWA, July 14, 2014 /CNW/ - Northern Shield Resources Inc. (\"Northern Shield\") [TSXV: NRN] is pleased to announce that it has completed the first phase of this seasons exploration for PGE and Ni-Cu-PGEs in the Labrador Trough.\n\nMuch of the exploration focused on sampling and evaluating three new properties (see press release dated June 18th) and other target areas identified by Northern Shield as being prospective for PGEs and Ni-Cu-PGEs. All 195 samples collected during the first phase have been sent for analysis and assays are pending. Based on field observations the company has acquired further claims in the area.\n\nFollow-up exploration from this first phase, as well as further exploration on the 100% owned Idefix and Brian properties, is planned to commence in about two weeks. \n\nNorthern Shield Resources Inc is a Canadian-based mineral exploration company built around its platinum group element (PGE) expertise which forms the basis of its exploration in eastern Canada.\n\nForward-Looking Statements Advisory\n\nThis news release contains statements concerning the exploration plans, results and potential PGE and Ni-Cu-PGE and other mineralization at the Company's Labrador Trough properties, geological, and geometrical analyses of the Labrador Trough properties and comparisons of the properties  to other known Ni-Cu-PGE deposits, and other expectations, plans, goals, objectives, assumptions, information or statements about future events, conditions, results of exploration or performance that may constitute forward-looking statements or information under applicable securities legislation.  Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. \n\nAlthough Northern Shield believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward‑looking statements because Northern Shield can give no assurance that such expectations will prove to be correct.  Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Northern Shield and described in the forward‑looking stat...