Northern Shield Resources Inc. announced that the Company is evaluating several initiatives to unlock value at the Company's 100% owned Idefix Ni-Cu-PGE Property (‘Idefix or the ‘Property) in northern Quebec. The initiatives being considered include an option or joint venture, various divestiture models (subject to a retained NSR) and exploring the Property on its own. The Property was last diamond drilled in 2013, intersecting reef-type and disseminated PGE (platinum + palladium) sulphide mineralization.

Mineralization is observed on surface and in drill core over a strike length of about 5 kilometers. Grades in the drill core average approximately 0.25 g/t PGE+Au over thicknesses ranging up to 60 meters. Interestingly, these grades are associated with very low concentrations of sulphide minerals, averaging about 0.5% sulphide (mostly pyrrhotite and chalcopyrite.) As a linear relationship between sulphide content and PGE grades has generally been observed at Idefix, a ten-fold increase in sulphide content could bring a similar order of magnitude increase in PGE grades.

PGE mineralization for 5 kilometers and over widths of up to 60 meters. The drilling in 2013 targeted high-grade reef- type PGE mineralization but additional disseminated mineralization sits above the PGE reef.