Northern Shield Resources Inc.
Northern Shield Resources Inc. is a Canadian-based company focused on exploring for platinum group element ("PGE") and nickel-copper-PGE deposits, primarily in the Labrador Trough of Northern Quebec. Northern Shield is known as a leader in grass roots exploration for Ni-Cu-PGEs and the understanding of magmatic systems as it applies to exploration.
Northern Shield is a leading North American PGE explorer with over 240 square kilometres of claims in the Labrador Trough. The Company believes its Huckleberry, Idefix and Séquoi properties in northern Quebec have significant potential to host Giant Ni-Cu-PGE Ore Deposits.
(1) Huckleberry Cu-Ni-PGE Project, Northern Quebec
The Huckleberry property is located 100 kilometers north of the mining town of Schefferville, in the Labrador Trough of northern Quebec, which is linked by railway to the Saint Lawrence River. The Huckleberry Property currently consists of 57 claims covering 25 sq. km.
Northern Shield discovered significant Cu-Ni-PGE mineralization at Huckleberry in 2015 with 97 samples averaging 1.0% Cu, 0.2% Ni and 0.72 g/t PGE+Au. Huckleberry is being explored as a large-scale segregated magmatic deposit. Exploration at Huckleberry has unearthed abundant evidence of features common to giant ore deposits including taxitic textures, xenoliths, and abundance of mineralized brecciated rocks.
NRN signed an Option and Joint Venture Agreement with South32 Ltd. on the Huckleberry Property (June 7, 2016)
Huckleberry Option Terms
South32 50% earn-in:
South32 further 20% earn-in:
During earn-in NRN:
Huckleberry Drill Program
(2) Idefix Project, Northern Quebec
The Company's 100%-owned Idefix Property is located 75 kilometres northwest of the Community of Kuujjuaq, in the Nunavik region of the province of Quebec. The Idefix Property consists of 45 claims covering 19.49 sq. km.
Evidence of Massive Ni-Cu-PGE Sulphides at Idefix
(3) Séquoi Project, Northern Quebec
The Company's 100%-owned Séquoi property is located 10 km east of Huckleberry and consists of 73 claims. The Séquoi property covers a large multi-lobed magnetic anomaly and is being explored for Noril'sk style Ni-Cu-PGE massive sulphides.
After geophysical modelling and interpretation of the VTEM data from Séquoi, six VTEM anomalies of significant interest have been identified. Modelled conductivities are all greater than 3000 Siemens and modeled thicknesses range between 50 and 100 metres. Strike lengths of individual conductors range from 200 to 1100 metres. Most of the conductors are associated with relatively high magnetism.
Northern Shield started
On October 5, 2016, Northern Shield announced that a 1,000- to 1,500-metre drill program at the Séquoi property is expected to commence in mid-November after the ground has frozen and the weather stabilized.
While the data collected to date suggest Huckleberry could be a giant ore deposit, the Séquoi Target could be even bigger.
2016 / 2017 Exploration Plans
Management and Directors
Ian C. Bliss, President, Chief Executive Officer and Director
Mr. Bliss has over 20 years experience in the mineral exploration industry having studied geology at the University of New Brunswick. Mr. Bliss was an independent consulting geologist for NunaMinerals A/S. Mr. Bliss has served as President, CEO and Director of Northern Shield since its inception in 1999.
Samuel Legg, CA, B.Sc. (Biochemistry), Chief Financial Officer
Mr. Legg's experience includes 12 years in Ottawa's high-tech industry. He served in progressively senior positions at Newbridge Networks, having been Director of Finance or CFO of several companies.
Christine Vaillancourt, B.Sc. (Geol. Eng.), M.Sc. (Earth Sciences), Chief Geologist
Ms. Vaillancourt worked for Caracle Creek International Consulting Inc. (CCIC) and the Ontario Geological Survey. She was also involved in a number of Ni-Cu-(PGE) exploration projects with Inco Technical Services.
James O'Sullivan, Corporate Secretary
Mr. O'Sullivan is a lawyer with Norton Rose Fulbright in Canada and has been practising corporate and securities law, with a focus on junior natural resource issuers.
William Kiff, Director and Chairman of the Board
Dr. Neil W. Bliss, Director
Marcus Archer, Director
Dr. Scott Jobin-Bevans, Director
Russell Richards, Director
On November 22, 2016, Northern Shield Resources Inc. announced that a drill crew is being mobilized to Northern Shield Resources Inc.'s 100-per-cent-owned Séquoi property in the Labrador Trough, Northern Quebec.
The program plans for five to seven drill holes, totalling 1,000 metres, to test five geophysical targets that the Company believes to represent large-scale nickel-copper-platinum-group-element magmatic deposits.