Four drill holes (23RC-15 to 18) totalling 282 metres have been completed or are in-progress; the holes are located in the southern
A large aggregate of visible gold was noted in drill hole 23RC-16 (Figure 2a) associated with bladed marcasite. Visible gold was also noted in a boulder, or broken bedrock, at the top of drill hole 23RC-18.
"Although we need to wait for assay results, we are very happy with the start of this drilling program with the intersection of multiple zones of quartz and silica breccias and marcasite-bearing quartz veins and blebs. Some of these breccia textures and vein styles have not been seen on surface, yet we see them at a shallow depth in drill core, exemplifying how rapidly the mineralogy can change as a function of depth."
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To date, the Company has completed 2,791 metres of diamond drilling in 18 drill holes (see Company news releases dated
The drilling project along with this news release was overseen by
This news release contains statements concerning the exploration plans, results and potential for epithermal gold deposits, and other mineralization at the Company's Root & Cellar Property, geological, geophysical and geometrical analyses of the properties and comparisons of the properties to known epithermal gold deposits and other expectations, plans, goals, objectives, assumptions, information or statements about future, 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.
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