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Northern Shield Update on IP Geophysical Survey at Root & Cellar Au-Ag-Cu Property, Newfoundland
Northern Shield Update on IP Geophysical Survey at Root & Cellar Au-Ag-Cu Property, Newfoundl...
About this update from Northern Shield Resources Inc.
[{"type":"text","content":"\n \n \n \n Northern Shield Update on IP Geophysical Survey at Root & Cellar Au-Ag-Cu Property, 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 \n \n \n \n \n Northern Shield Update on IP Geophysical Survey at Root & Cellar Au-Ag-Cu Property, Newfoundland\n \n \n Canada NewsWire\n \n \n \n \n \n \n OTTAWA, ON\n \n \n ,\n \n \n March 1, 2023\n \n \n /CNW/ - Northern Shield Resources Inc. (\"Northern Shield\" or the \"Company\") (TSX-V: NRN) is pleased to announce that preliminary results from the surface IP geophysical survey at its Root & Cellar Gold-Silver-Copper Property (the \"Property\") are very encouraging. Northern Shield can earn up to a 100% interest in the Property which is located on the\n \n Burin Peninsula\n \n in southeastern\n \n Newfoundland\n \n and is being explored for epithermal gold-silver and porphyry-copper mineralization.\n \n \n \n \n \n \n \n \n \n Approximately 75% of the IP survey, as originally planned, has been completed. Preliminary interpretation of the pseudo-sections has identified two primary areas of significance.\n \n \n Firstly, multiple IP anomalies of moderately strong chargeability are apparent on the eastern end of the first four lines surveyed and are the strongest anomalies delineated to date by the current IP survey. Several of the IP lines are now being extended to get a complete section through these targets for improved modelling and interpretation. These anomalies appear to correspond to what was previously designated the \"East Conquest Targets\" (see Company news release dated\n \n August 16, 2022\n \n ). This target area was identified as an area of interest based on its obvious magnetic low signature and because of a spatially related chargeability anomaly highlighted on the last line of the IP survey conducted in 2021.\n \n \n Secondly, preliminary interpretation of the pseudo-sections also confirm the presence of IP anomalies corresponding to the CZ1 target in the central Conquest Zone and in the continuation of this structure to the north (CZ2). Only a small portion...