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Northern Shield Provides Exploration and Corporate Update
Northern Shield Provides Exploration and Corporate Update Canada NewsWire O...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n \n \n \n Northern Shield Provides Exploration and Corporate Update\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n OTTAWA, ON\n \n \n ,\n \n \n June 25, 2024\n \n \n /CNW/ - Northern Shield Resources Inc. (\"Northern Shield\" or the \"Company\") (TSXV: NRN) is pleased to provide an update on the Root & Cellar Property, (\"Root & Cellar\" or the \"Property\"), located on the\n \n Burin Peninsula\n \n in southeastern\n \n Newfoundland\n \n . The Property is being explored for epithermal gold mineralization and porphyry copper and includes 5 gold zones over a 6-kilometer strike-length. Tellurium, a critical metal, is associated with four of the showings and some of the copper mineralization.\n \n \n A M.Sc. thesis focussing on distinguishing the volcanic and alteration phases and their timing is being completed by a student from\n \n Memorial University of Newfoundland\n \n .  Studies related to the thesis, in conjunction with Northern Shield's work, are advancing our understanding of the gold and potential copper porphyry systems. Specifically, drill-hole 23RC-21, completed last fall, appears to have intersected a sinter mound which would be expected to lie directly above, or within tens of meters, of the conduit (structure) hosting an epithermal system.\n \n \n On-going analysis of the geochemistry of drill and surface (grab / channel) samples has shown three mineralizing events or phases, each distinguishable by a distinct geochemical signature:\n \n \n \n A silver (and tellurium) rich phase, best exemplified at the Drop Zone showing, 2 kilometres from the Conquest zone, characterized by high silver and tellurium with gold (up to 45.5 g/t Au, 1,365 g/t Ag and 700 ppm Te).\n \n \n A gold-silver phase, dominant in the Conquest Zone.\n \n \n A gold only phase, again dominant in the Conquest Zone.\n \n \n \n Through this new understanding of the three distinguishable events, a \"Drop Zone signature\" component has now been identified in the Conquest Zone, particularly in...