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Northern Shield Continues to Expand Gold-Bearing Epithermal Quartz System at Shot Rock, Nova Scotia
Northern Shield Continues to Expand Gold-Bearing Epithermal Quartz System at Shot Rock, No...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n\n\n\nNorthern Shield Continues to Expand Gold-Bearing Epithermal Quartz System at Shot Rock, Nova Scotia\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nOTTAWA, Nov. 22, 2018\n\n\n\nOTTAWA, Nov. 22, 2018 /CNW/ - Northern Shield Resources Inc. (\"Northern Shield\" or the \"Company\") (TSXV: NRN) is pleased to announce results from on-going exploration at the Shot Rock Property (the \"Property\") in Nova Scotia. These results show the continued identification of gold-anomalous to gold-bearing quartz veins in outcrop and boulders, and the significant expansion of the area hosting the epithermal system. Shot Rock is being explored for low sulphidation epithermal gold mineralization through Northern Shield's wholly-owned subsidiary, Seabourne Resources Inc., which can earn up to an 80% interest in the Property.\nTwenty-four of the 42 samples of quartz vein material recently submitted for analysis returned anomalous gold (>0.025 g/t Au). The highest assay of 2.5 g/t Au and 17.0 g/t Ag came from a large angular boulder composed of stockwork quartz veining hosted within a rhyolitic rock that also contains disseminated pyrite. Importantly, one of the larger banded quartz veins previously found in outcrop at the Property by Northern Shield (see press release dated November 7, 2018) assayed 0.47 g/t Au. A full list of assays from the Highway Zone are provided on the Company's website. \nThe textures and mineralogy of the quartz veins in outcrop and boulders from the Property are believed by Northern Shield to be consistent with the upper levels of epithermal gold systems, likely above the boiling cap. In typical epithermal systems, only modestly anomalous gold is expected to be seen above the boiling cap. If higher grades exist, they are usually found below, or at the level of the boiling cap.   \nIn addition to the results from the above-mentioned samples, further prospecting and sampling has been undertaken. These samples are being submitted for analysis and assays are pending. This sampling has considerably expanded the footprint of t...