Business
Northern Shield Identifies New Area of Mineralization at Root & Cellar Gold-Copper-Tellurium Project, Newfoundland
Northern Shield Identifies New Area of Mineralization at Root & Cellar Gold-Copper-Tellurium ...

About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n \n \n \n Northern Shield Identifies New Area of Mineralization at Root & Cellar Gold-Copper-Tellurium Project, Newfoundland\n \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 Northern Shield Identifies New Area of Mineralization at Root & Cellar Gold-Copper-Tellurium Project, Newfoundland\n \n \n Canada NewsWire\n \n \n \n \n \n \n OTTAWA, ON\n \n \n ,\n \n \n June 27, 2023\n \n \n /CNW/ - Northern Shield Resources Inc. (\"Northern Shield\" or the \"Company\") (TSXV: NRN) is pleased to announce that it has identified what it interprets to be sub-crop of a silicified and pyritic unit that resembles the three boulders containing visible gold (\"VG\"), previously found at the Root & Cellar Gold-Copper Project (\"Root & Cellar\" or the \"Project\" or the \"Property\"). Root & Cellar is located on the\n \n Burin Peninsula\n \n in southeastern\n \n Newfoundland\n \n . Northern Shield can earn up to a 100% interest in the Project, which is being explored for epithermal gold-silver and porphyry-copper type mineralization, both associated with highly anomalous tellurium (Te).\n \n \n \n \n \n \n \n \n \n The new mineralization believed to be sub-crop is located approximately 100 metres up-ice from the three VG-bearing boulders and at the intersection of north-south trending structures and the contact of an east-west trending magnetic unit (Figure 1). The rocks show strong silicification and pyritization subsequently brecciated and cut by a later stage of pyrite-bearing (Figure 2) vuggy quartz veins. Recent work has also revealed and pinpointed several more north-trending structures throughout the Property, but a higher concentration of these structures is noted passing through the central portion of the Conquest Zone.\n \n \n \n \"This new area will be targeted by further trenching and a shallow-hole drilling program that is currently being planned to test an IP chargeability anomaly that largely sits at, or very near surface. In this area, the magnetic unit appears to have trapped and focussed the flow of the gold-bearing fluids along the contac...