Elemental Royalties

Northern Shield Resources Reports Sé2 Property Till Sampling Results

OTTAWA, Nov. 15, 2017 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") (TSX-V: NRN) is pleased to provide results from a till sampling program undertaken at Sé2 ("the Property"). The results show anomalous gold, locally combined with anomalous copper. The survey was designed to cover a portion of the VTEM survey completed in 2016. Although the claims were originally staked for their nickel potential, the discovery of gold and copper on the Company's "88 Claim Property" nearby (see Press Release dated July 25th, 2017) and other discoveries in the Labrador Trough prompted more attention to gold in the area.

Seventy-nine till samples were collected over approximately 130 square kilometres and each sample was analysed for a multi-element geochemical suite as well as picked for heavy mineral sorting. In total, 198 grains of gold were picked (normalized to 5 kilograms) from the 79 samples with the most anomalous sample containing 13 grains. Twenty-five of the gold grains are in pristine condition, suggesting proximity to source. Geochemical analysis results are consistent with the number of observed gold grains picked from the till samples. Five samples returned greater than 50 ppb Au with a high of 98 ppb Au. Tungsten, often a pathfinder for gold mineralization, is locally anomalous with a high of 704 ppb W compared to background assays of 70 ppb W. Copper is also locally anomalous (up to 108 ppm Cu).

Although outcrop is very limited within the Property, it is possible to define a tightly folded unit from the airborne Magnetic-VTEM survey completed in 2016. The gold anomalies in the till study appear to be generally confined to this unit.

These results continue to highlight the gold potential of the Labrador Trough and the Sé2 area showing similarities to Lode Gold systems elsewhere and will factor into the Company's exploration programs being planned for next year.

The program was overseen by Christine Vaillancourt, P. Geo., the Company's Chief Geologist and a Qualified Person under National Instrument 43-101. Samples were analyzed by ALS Global in Sudbury, Ontario and in Vancouver, BC, for trace elements by aqua regia digestion and a combination of ICP-MS and ICP-AES. Heavy mineral processing and gold grain picking were undertaken by Overburden Drilling Management Ltd. in Ottawa, Ontario.

Northern Shield Resources Inc. is a Canadian-based company focused on exploring for platinum group element ("PGE") and nickel-copper-PGE deposits. It is known as a leader in grass roots exploration for Ni-Cu-PGEs and the understanding of magmatic systems as it applies to exploration.

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