Northern Shield Outlines Significant Cu-(Ni-PGE) Mineralization From Sampling at its Huckleberry Property, Southern Labrador Trough, Quebec

OTTAWA, ON, Nov. 9, 2015 /CNW/ - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to provide results from the sampling program undertaken on the Huckleberry project in the southern Labrador Trough, Quebec, with grades up to 14.45% Cu and 16.21 g/t Pt+Pd+Au, and 1.17% Ni from outcrop. A total of 73 of the 111 samples from the Huckleberry property assayed greater than 0.3% Cu with an average grade of 1.01 % Cu from those 73 samples. Twelve samples assayed greater than 1% Cu. Northern Shield's 100% owned Huckleberry project is being explored as a large-scale magmatic copper target associated with nickel and platinum group elements (PGE).

The program was designed to follow up on the discovery of Cu-(Ni-PGE) mineralization during a reconnaissance of the property in May 2015. (See press release dated June 11, 2015). At that time, Cu-Ni-PGE mineralization had been observed over a 950 meter strike length in the Western Zone including delineating continuous Cu-Ni-PGE mineralization in the Discovery Zone over a 200 meter strike length. 

Table I: Average assays results from various mineralized zones from the grab sampling program at Huckleberry

Highlights from the Western Copper Zone

• The Western Zone can now be traced for a 3 kilometer strike length.
• The Discovery Zone is continuously mineralized over a 600 meter strike length and up to 100 meters wide. A total of 49 samples have been collected from this zone during the two programs with an average of 1.2% Cu, 0.19% Ni and 0.83 g/t PGE+Au.
• A large angular boulder was found within the property consisting of an anorthosite breccia cemented by chalcopyrite that assayed 4.04% Cu (see photo on website). Note that the fragments of anorthosite that compose the breccia also contain finely disseminated chalcopyrite and are identical to mineralized anorthosite within the property suggesting that there is more high-grade copper mineralization yet to be found at Huckleberry.
• Presence of large gabbro xenolith (approx. 0.5-1 meter long) hosting semi-massive sulphides which assayed 1.17% Ni, 0.83% Cu and 1.08 g/t PGE+Au, indicating that nickel-rich, semi-massive sulphides exist nearby in the magmatic system.

Technical Details from the Western Copper Zone
Much of the mineralization in the Western Zone is hosted in olivine OMG and peridotite that form at the base of a layered sequence that intrudes an anorthosite or GPG. Geological observations indicate the magmatic history of the host rocks to the mineralization at Huckleberry to be dynamic, violent, episodic and long-lived. These are common characteristics of many large scale deposits of all types.  The evidences are the presence of: 1) various magmatic breccias throughout the intrusion; 2) flow-banding in some of the ultramafic layers; 3) multiple phases of mineralization; 4) a variety of mineralized host rocks; 5) xenoliths including mineralized metasedimentary country rock and nickel-rich semi-massive sulphides; and 6) sulphide globules.

"Northern Shield has developed a fairly thorough knowledge of the magmatic rocks in the Labrador Trough and Huckleberry certainly stands out as being very complex and dynamic. When it comes to large Ni-Cu-PGE deposits, complexity and dynamism is always a good thing," explains Northern Shield's Chief Geologist, Christine Vaillancourt. "We already see very extensive copper mineralization on surface which has likely segregated from the nickel rich portion. The complexity of the geology suggests that we could be sitting above or near the conduit and that's likely where the nickel-rich massive sulphides are located."

"Huckleberry is being explored as a large-scale (segregated) magmatic copper target with nickel and PGE credits and the results from the current program go a long way to confirming that potential," states Northern Shield President and CEO, Ian Bliss. "The Schefferville area is best known for its iron-ore deposits but the potential for large-scale magmatic Cu-(Ni-PGE) mineralization has largely being overlooked. With infrastructure in place nearby for the iron–ore mines, we believe that Huckleberry could form the cornerstone of such development."

The program at Huckleberry was overseen by Christine Vaillancourt, P. Geo., and a Qualified Person under National Instrument 43-101. Samples were analyzed by ALS Global in Sudbury, Ontario and in Vancouver, BC, for Au, Pt and Pd by Fire Assay with ICP-AES finish and base metals by four acid digestion and ICP-AES.

Northern Shield Resources Inc. is a Canadian-based mineral exploration company built around its platinum group element (PGE) expertise, which forms the basis of its exploration in eastern Canada.

Forward-Looking Statements Advisory

This news release contains statements concerning the exploration plans, results and potential Cu-Ni-PGE and other mineralization at the Company's southern Labrador Trough properties, geological, and geometrical analyses of the southern Labrador Trough properties and comparisons of the properties to known Cu-Ni-PGE deposits, and other expectations, plans, goals, objectives, assumptions, information or statements about future events, conditions, results of exploration or performance that may constitute forward-looking statements or information under applicable securities legislation.  Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect.

Although Northern Shield believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward?looking statements because Northern Shield can give no assurance that such expectations will prove to be correct.  Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Northern Shield and described in the forward?looking statements or information. These risks and uncertainties include, but are not limited to, risks associated with geological, geometrical and geophysical interpretation and analysis, the ability of Northern Shield to obtain financing, equipment, supplies and qualified personnel necessary to carry on exploration and the general risks and uncertainties involved in mineral exploration and analysis.

The forward-looking statements or information contained in this news release are made as of the date hereof and Northern Shield undertakes no obligation to update publicly or revise any forward?looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Northern Shield Resources Inc.