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Northern Shield Identifies Visible Gold in Outcrop at Root & Cellar Project, Newfoundland
Northern Shield Identifies Visible Gold in Outcrop at Root & Cellar Project, Newfoundland ...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n \n \n \n Northern Shield Identifies Visible Gold in Outcrop at Root & Cellar 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.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n Northern Shield Identifies Visible Gold in Outcrop at Root & Cellar Project, Newfoundland\n \n \n Canada NewsWire\n \n \n \n \n \n \n OTTAWA, ON\n \n \n ,\n \n \n Aug. 22, 2023\n \n \n /CNW/ - Northern Shield Resources Inc. (\"Northern Shield\" or the \"Company\") (TSXV: NRN) is pleased to provide an update on exploration at the Root & Cellar Gold-Tellurium-Silver-Copper Project (\"Root & Cellar\" or the \"Project\") located near\n \n Marystown\n \n on the\n \n Burin Peninsula\n \n , in southeastern\n \n Newfoundland\n \n . The Company can earn a 100% interest in the Project, which is being explored for epithermal gold-tellurium-silver and porphyry copper mineralization.\n \n \n \n \n \n \n \n \n \n Visible gold has been identified in at least eight grab samples from a trenching program in the Conquest Zone (Figure 1), with up to 20 flecks of gold noted under the microscope from a single sample. Visible gold is largely hosted in quartz-adularia veins in newly exposed parts of the outcrop in the southern Conquest Zone.  Northerly trending fractures crosscut the outcrop that lies within an east-trending structural zone.  Both structural orientations are associated with pyrite mineralization and quartz veining.  This trenched outcrop overlies a near surface, easterly trending, IP anomaly and the southern tip of a prominent northerly trending IP anomaly modelled at approximately 50 metres depth.\n \n \n Intense silicification, and multiple phases of brecciation, pyritization and quartz veins are common characteristics with some veins with classic colloform-crustiform banding indicative of low sulphidation epithermal systems (Figure 2 and 3).\n \n \n Based on the ice direction and significant differences in textures and vein compositions, the trenched Conquest outcrop is not the source of three large boulders with visible gol...