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Northern Shield Mobilizes Drill to test Ni-Cu-PGE Target on the Max Property, James Bay Lowlands; Highbank Geophysics Completed
Northern Shield Mobilizes Drill to test Ni-Cu-PGE Target on the Max Property, James Bay Lowlands;...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n\n\n\n Oct. 28, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nOTTAWA, Oct. 28 /CNW/ - Northern Shield Resources Inc. ("Northern\n Shield") (TSX-V: NRN) is pleased to announce that a diamond drill rig\n and crew have been mobilized to the Max Property in the James Bay\n Lowlands of northern Ontario and drilling should commence on the\n weekend.\n\n\nThe 2-3 hole, 700 meter drill program will test a strong VTEM anomaly\n that is being targeted for Ni-Cu-PGE mineralization and is located\n within a feature that management interprets to be a conduit or feeder\n pipe. The conduit appears to link a peridotite (ultramafic) body that\n Northern Shield drilled in 2008 that contained very high background\n levels of PGEs and nickel and the Wabassi North gabbro which shows\n below normal levels of PGEs and nickel.\n\n\nThe Max property is currently a 50/50 joint venture between Northern\n Shield and Rainy Mountain Royalty Corp (formerly East West Resource\n Corp.) with Northern Shield as operator. Rainy Mountain has elected not\n to contribute to this drill program at Max and as such Rainy Mountain's\n interest will be diluted to 40.8% and Northern Shield's interest\n increased to 59.2% assuming $450,000 is spent on the Max drill program.\n\n\nAn induced polarization geophysical survey has been completed at\n Highbank Lake and processing and interpretation of the data is pending.\n The geophysical data will be used to help guide a drill program planned\n for Highbank in Janu...