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Northern Shield Discovers Anomalous Gold in Epithermal Quartz Veins from Shot Rock Gold Project, Nova Scotia
Northern Shield Discovers Anomalous Gold in Epithermal Quartz Veins from Shot Rock Gold Pr...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n\n\n\nNorthern Shield Discovers Anomalous Gold in Epithermal Quartz Veins from Shot Rock Gold Project, 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, July 24, 2018\n\n\n\nOTTAWA, July 24, 2018 /CNW/ - Northern Shield Resources Inc. (\"Northern Shield\" or the \"Company\") (TSXV: NRN) is pleased to announce the results from the first phase of rock sampling at the Shot Rock Property, Nova Scotia (the \"Property\"). This includes analysis of three float samples of quartz vein material recently found exhibiting classic epithermal textures as disclosed in a Press Release dated June 26, 2018. Shot Rock is being explored through Northern Shields wholly-owned subsidiary, Seabourne Resources Inc, which can earn up to an 80% interest in the property.\n\nSignificantly, all of the above noted samples are highly anomalous in gold with assays of 0.29, 0.26 and 0.13g/t Au. Fragments, bands, and infillings of jasper within the banded quartz veins are a common feature. These sample are all from small angular float material collected along a 2 kilometre stretch of river bed. Several more samples have been collected on a recent return visit to the river and approximately fifty further angular to sub-angular pieces of jasper-banded and/or colloform-banded quartz were noted along a short stretch of the river. These samples contain very little sulphides with a maximum of 0.3% sulphides.\n\nThe textures and mineralogy of the quartz vein material are all very consistent with epithermal gold systems. Textures include colloform banded quartz (generally chalcedony), bladed carbonate with some samples showing quartz pseudomorphing the carbonate, comb textured quartz with jasper infilling and brecciated colloform chalcedonic quartz with jasper veins. Bladed carbonate textures suggest the vein material originates high up in the epithermal system, likely above the \"boiling cap.\" \n\nBoiling caps form at the level where rising boiling fluids, which carry the gold, interreact with cooler near surface water (water table) with the result that epithermal qua...